Thornburg American Opportunities Fund Class I (TVIFX) Fund Details & Analysis

Fund Information

Fund Category Small Blend

Fund Family Thornburg

Fund Style Large

ISIN US8852156327

CUSIP 885215632

Inception Date 1995-10-02

Domicile United States

Country USA

Fiscal Year End September

NAV Chart

Fund Metrics

Net Assets $489.50 Million

Share Class Net Assets $198.95 Million

Expense Ratio 0.87%

Expense Ratio Date 2026-04-01

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 10.43%

1-Year Return 16.10%

3-Year Return 15.32%

5-Year Return 4.55%

NAV $92.00

Previous Close Price $92.00

Last Update 2026-03-31

Dividend Information

Dividend Yield 0.00%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Thornburg American Opportunities Fund Class I

Under normal conditions, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity investments that are tied economically to the United States.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 13847.24%

Giant 1.93%

Large 8.10%

Medium 39.43%

Micro 7.89%

Small 27.70%

Value & Growth Metrics

Book-Value Growth % 10.33%

Cash-Flow Growth % 14.01%

Dividend Yield % 0.69%

Historical Earnings % 1.89%

Long-Term Earnings % 13.71%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.46%	0.00%
Cash	14.96%	14.96%	0.00%	1.74%	0.00%
Non US Stock	2.49%	2.49%	0.00%	2.35%	1.00%
Not Classified	0.00%	0.00%	0.00%	0.00%	0.00%
Other	0.00%	0.00%	0.00%	1.71%	0.00%
US Stock	82.55%	82.55%	0.00%	95.11%	99.00%

Top Holdings

Name	Weight	Owned	Change
Casella Waste Systems Inc	3.32%	-	-
Clean Harbors Inc	2.94%	-	-
Vertiv Holdings Co	3.64%	-	-
Coherent Corp	3.80%	-	-
PetIQ Inc	2.66%	-	-
Agilysys Inc	2.87%	-	-
TechnipFMC PLC	3.12%	-	-
LPL Financial Holdings Inc	3.07%	-	-
Repay Holdings Corp	2.53%	-	-
BJ's Wholesale Club Holdings Inc	3.11%	-	-
TXNM Energy Inc	3.26%	-	-
Pinnacle Financial Partners Inc	2.56%	-	-
Nutanix Inc	2.77%	-	-
Applied Industrial Technologies Inc	2.96%	-	-
Western Alliance Bancorp	2.86%	-	-
Talen Energy Corp	2.89%	-	-
MYR Group Inc	2.72%	-	-
Marex Group PLC	3.22%	-	-
ITT Inc	2.69%	-	-
MACOM Technology Solutions Holdings Inc	3.54%	-	-
Thornburg Capital Management Fund	14.72%	-	-
Ducommun Inc	3.40%	-	-
Vanguard Small-Cap ETF	3.22%	-	-
Netflix Inc	2.59%	-	-
XPO Inc	2.58%	-	-

See the full breakdown of TVIFX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	3.06%	85.97%	98.84%	0.00%
Bond Sector	Corporate	3.06%	0.10%	0.00%	0.00%
Bond Sector	Derivative	3.06%	0.23%	0.00%	0.00%
Bond Sector	Government	3.06%	4.67%	1.16%	0.00%
Bond Sector	Municipal	3.06%	0.00%	0.00%	0.00%
Bond Sector	Securitized	3.06%	9.03%	0.00%	0.00%
Cyclical	Basic Materials	3.71%	4.93%	0.00%	4.49%
Cyclical	Consumer Cyclical	9.25%	10.67%	0.00%	12.56%
Cyclical	Financial Services	18.60%	16.64%	0.00%	15.78%
Cyclical	Real Estate	3.16%	5.49%	0.00%	8.74%
Defensive	Consumer Defensive	1.46%	3.38%	0.00%	3.28%
Defensive	Healthcare	6.42%	13.64%	0.00%	11.71%
Defensive	Utilities	3.06%	2.63%	0.00%	2.59%
Sensitive	Communication Services	3.21%	2.31%	0.00%	2.50%
Sensitive	Energy	8.41%	5.71%	0.00%	4.30%
Sensitive	Industrials	29.60%	19.10%	0.00%	20.38%
Sensitive	Technology	13.12%	15.53%	0.00%	13.68%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.73%	0.02%	0.21%
Americas	North America	98.28%	99.94%	99.01%
Greater Asia	Asia Developed	0.14%	0.00%	-
Greater Asia	Asia Emerging	0.25%	0.00%	0.11%
Greater Asia	Australasia	-	-	-
Greater Asia	Japan	-	-	-
Greater Europe	Africa/Middle East	0.13%	-	-
Greater Europe	Europe Developed	0.25%	0.01%	0.42%
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	0.23%	0.02%	0.26%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2022-12-15	$0.317	$0.317	USD	2022-12-15	2022-12-14	2022-12-15	Annual
2021-12-16	$0.545	$0.545	USD	2021-12-16	2021-12-15	2021-12-16	Annual
2019-12-20	$0.265	$0.265	USD	2019-12-20	2019-12-19	2019-12-20	Annual
2018-12-21	$0.499	$0.499	USD	2018-12-21	2018-12-20	2018-12-21	Annual
2017-12-22	$0.423	$0.423	USD	2017-12-22	2017-12-21	2017-12-22	Quarterly
2017-09-22	$0.061	$0.061	USD	2017-09-22	2017-09-21	2017-09-22	Quarterly
2017-06-23	$0.104	$0.104	USD	2017-06-01	2017-06-22	2017-06-23	Quarterly
2016-12-23	$0.081	$0.081	USD	2016-12-01	2016-12-22	2016-12-23	Quarterly
2016-09-26	$0.386	$0.386	USD	2016-09-01	2016-09-23	2016-09-26	Quarterly
2015-06-24	$0.004	$0.004	USD	2015-06-24	2015-06-23	2015-06-24	Quarterly
2014-12-24	$0.067	$0.067	USD	2014-12-01	2014-12-23	2014-12-24	Quarterly
2014-09-24	$0.349	$0.349	USD	2014-09-24	2014-09-23	2014-09-24	Quarterly
2013-12-24	$0.231	$0.231	USD	2013-12-02	2013-12-23	2013-12-24	Quarterly
2011-12-23	$0.026	$0.026	USD	-	2011-12-22	2011-12-23	Quarterly
2011-03-25	$0.016	$0.016	USD	-	2011-03-24	2011-03-25	Quarterly
2010-09-24	$0.059	$0.059	USD	-	2010-09-23	2010-09-24	Quarterly
2010-06-25	$0.041	$0.041	USD	-	2010-06-24	2010-06-25	Quarterly
2010-03-26	$0.048	$0.048	USD	-	2010-03-25	2010-03-26	Quarterly
2009-12-24	$0.147	$0.147	USD	-	2009-12-23	2009-12-24	Quarterly
2009-09-25	$0.141	$0.141	USD	-	2009-09-24	2009-09-25	Quarterly
2009-06-26	$0.110	$0.110	USD	-	2009-06-25	2009-06-26	Quarterly
2009-03-26	$0.112	$0.112	USD	-	2009-03-25	2009-03-26	Quarterly
2008-12-26	$0.120	$0.120	USD	-	2008-12-24	2008-12-26	Quarterly
2008-09-26	$0.090	$0.090	USD	-	2008-09-25	2008-09-26	Quarterly
2008-06-26	$0.092	$0.092	USD	-	2008-06-25	2008-06-26	Quarterly
2008-03-26	$0.047	$0.047	USD	-	2008-03-25	2008-03-26	Quarterly
2007-12-26	$0.040	$0.040	USD	-	2007-12-24	2007-12-26	Quarterly
2007-09-26	$0.138	$0.138	USD	-	2007-09-25	2007-09-26	Quarterly
2007-06-26	$0.068	$0.068	USD	-	2007-06-25	2007-06-26	Quarterly
2007-03-26	$0.093	$0.093	USD	-	2007-03-23	2007-03-26	Quarterly
2006-12-26	$0.115	$0.115	USD	-	2006-12-22	2006-12-26	Quarterly
2006-09-27	$0.170	$0.170	USD	-	2006-09-26	2006-09-27	Quarterly
2006-06-28	$0.084	$0.084	USD	-	2006-06-27	2006-06-28	Quarterly
2006-03-30	$0.085	$0.085	USD	-	2006-03-29	2006-03-30	Quarterly
2005-12-30	$0.103	$0.103	USD	-	2005-12-29	2005-12-30	Quarterly
2005-09-30	$0.100	$0.100	USD	-	2005-09-29	2005-09-30	Quarterly
2005-06-30	$0.087	$0.087	USD	-	2005-06-29	2005-06-30	Quarterly
2005-03-31	$0.072	$0.072	USD	-	2005-03-30	2005-03-31	Quarterly
2004-12-31	$0.154	$0.154	USD	-	2004-12-30	2004-12-31	Quarterly
2004-09-30	$0.124	$0.124	USD	-	2004-09-29	2004-09-30	Quarterly
2004-06-30	$0.101	$0.101	USD	-	-	-	-
2004-03-31	$0.072	$0.072	USD	-	-	-	-
2003-06-27	$0.080	$0.080	USD	-	2003-06-26	2003-06-30	Other
2001-06-29	$0.069	$0.069	USD	-	2001-06-28	2001-06-29	Quarterly
2001-04-02	$0.093	$0.093	USD	-	2001-03-30	2001-03-30	Quarterly
2000-12-29	$0.222	$0.222	USD	-	2000-12-28	2000-12-29	Quarterly
2000-09-29	$0.275	$0.275	USD	-	2000-09-28	2000-09-29	Other
2000-06-30	$0.482	$0.482	USD	-	-	-	-
2000-03-31	$0.120	$0.120	USD	-	-	-	-
1999-12-31	$0.065	$0.065	USD	-	-	-	-
1999-09-30	$0.025	$0.025	USD	-	-	-	-
1999-06-30	$0.090	$0.090	USD	-	-	-	-
1999-03-31	$0.130	$0.130	USD	-	-	-	-

View the full dividend history for TVIFX.

Thornburg American Opportunities Fund Class I NMFQS:TVIFX