Thornburg American Opportunities R3 (TVRFX) Fund Details & Analysis

Fund Information

Fund Category Large Value

Fund Family Thornburg

Fund Style Large Blend

ISIN US8852155337

CUSIP 885215533

Inception Date -

Domicile -

Country USA

Fiscal Year End -

NAV Chart

Fund Metrics

Net Assets $1.01 Billion

Share Class Net Assets $-

Expense Ratio 1.37%

Expense Ratio Date -

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 11.70%

1-Year Return 10.54%

3-Year Return 13.27%

5-Year Return 4.16%

NAV $87.67

Previous Close Price $88.43

Last Update 2026-09-30

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 R3

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 93343.99%

Giant 28.16%

Large 29.04%

Medium 31.60%

Micro 1.01%

Small 9.12%

Value & Growth Metrics

Book-Value Growth % 9.13%

Cash-Flow Growth % 11.29%

Dividend Yield % 1.40%

Historical Earnings % 6.16%

Long-Term Earnings % 13.16%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	1.16%	0.00%
Cash	1.07%	1.07%	0.00%	1.78%	0.00%
Non US Stock	29.24%	29.24%	0.00%	5.09%	0.76%
Not Classified	0.00%	0.00%	0.00%	0.16%	0.00%
Other	0.00%	0.00%	0.00%	0.87%	0.00%
US Stock	69.69%	69.69%	0.00%	91.84%	99.24%

Top Holdings

Name	Weight	Owned	Change
Casella Waste Systems Inc	3.08%	-	-
Clean Harbors Inc	2.79%	-	-
Vertiv Holdings Co	3.64%	-	-
Coherent Corp	4.29%	-	-
PetIQ Inc	2.66%	-	-
Agilysys Inc	2.58%	-	-
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	2.88%	-	-
Western Alliance Bancorp	2.82%	-	-
Talen Energy Corp	3.30%	-	-
MYR Group Inc	2.72%	-	-
Marex Group PLC	2.70%	-	-
ITT Inc	2.69%	-	-
Thornburg Capital Management Fund	14.72%	-	-
MACOM Technology Solutions Holdings Inc	3.54%	-	-
Ducommun Inc	3.40%	-	-
Vanguard Small-Cap ETF	3.22%	-	-
Netflix Inc	2.59%	-	-
XPO Inc	2.58%	-	-
Alphabet Inc	5.51%	-	-
Apple Inc	4.91%	-	-
Eli Lilly Co	4.40%	-	-
Round One Corp	3.96%	-	-
Samsung Electronics Co Ltd	3.88%	-	-
Colliers International Group Inc	3.40%	-	-
Charles Schwab Corp/The	3.37%	-	-
Meta Platforms Inc	3.32%	-	-
Citigroup Inc	3.04%	-	-

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

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	3.72%	54.77%	100.00%	0.00%
Bond Sector	Corporate	3.72%	14.83%	0.00%	0.00%
Bond Sector	Derivative	3.72%	3.00%	0.00%	0.00%
Bond Sector	Government	3.72%	17.06%	0.00%	0.00%
Bond Sector	Municipal	3.72%	0.02%	0.00%	0.00%
Bond Sector	Securitized	3.72%	10.32%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	2.90%	0.00%	2.07%
Cyclical	Consumer Cyclical	12.45%	8.85%	0.00%	9.06%
Cyclical	Financial Services	20.73%	18.80%	0.00%	18.23%
Cyclical	Real Estate	3.26%	2.99%	0.00%	1.82%
Defensive	Consumer Defensive	2.50%	7.16%	0.00%	6.94%
Defensive	Healthcare	10.18%	13.53%	0.00%	12.98%
Defensive	Utilities	3.72%	4.34%	0.00%	2.96%
Sensitive	Communication Services	13.93%	5.33%	0.00%	9.40%
Sensitive	Energy	5.22%	7.01%	0.00%	6.19%
Sensitive	Industrials	5.35%	10.96%	0.00%	6.17%
Sensitive	Technology	22.64%	18.12%	0.00%	24.17%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.10%	2.50%	0.15%
Americas	North America	95.55%	80.05%	99.24%
Greater Asia	Asia Developed	0.62%	6.00%	-
Greater Asia	Asia Emerging	0.33%	-	0.06%
Greater Asia	Australasia	0.02%	-	-
Greater Asia	Japan	0.14%	4.31%	-
Greater Europe	Africa/Middle East	0.04%	-	-
Greater Europe	Europe Developed	1.84%	5.14%	0.46%
Greater Europe	Europe Emerging	0.00%	-	-
Greater Europe	United Kingdom	1.37%	2.00%	0.09%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2022-12-15	$0.066	$0.066	USD	2022-12-15	2022-12-14	2022-12-15	Annual
2021-12-16	$0.257	$0.257	USD	2021-12-16	2021-12-15	2021-12-16	Annual
2021-11-18	$0.000	$0.000	None	-	-	-	-
2019-12-20	$0.283	$0.283	USD	2019-12-20	2019-12-19	2019-12-20	Annual
2018-12-21	$0.216	$0.216	USD	2018-12-21	2018-12-20	2018-12-21	Annual
2017-12-22	$0.363	$0.363	USD	2017-12-22	2017-12-21	2017-12-22	Quarterly
2017-09-22	$0.002	$0.002	USD	2017-09-22	2017-09-21	2017-09-22	Quarterly
2016-12-23	$0.030	$0.030	USD	2016-12-01	2016-12-22	2016-12-23	Quarterly
2016-09-26	$0.180	$0.180	USD	2016-09-01	2016-09-23	2016-09-26	Quarterly
2014-12-24	$0.022	$0.022	USD	2014-12-01	2014-12-23	2014-12-24	Quarterly
2014-09-24	$0.210	$0.210	USD	2014-09-24	2014-09-23	2014-09-24	Quarterly
2013-12-24	$0.044	$0.044	USD	2013-12-02	2013-12-23	2013-12-24	Quarterly
2010-09-24	$0.030	$0.030	USD	-	2010-09-23	2010-09-24	Quarterly
2010-06-25	$0.009	$0.009	USD	-	2010-06-24	2010-06-25	Quarterly
2010-03-26	$0.015	$0.015	USD	-	2010-03-25	2010-03-26	Quarterly
2009-12-24	$0.116	$0.116	USD	-	2009-12-23	2009-12-24	Quarterly
2009-09-25	$0.113	$0.113	USD	-	2009-09-24	2009-09-25	Quarterly
2009-06-26	$0.089	$0.089	USD	-	2009-06-25	2009-06-26	Quarterly
2009-03-26	$0.095	$0.095	USD	-	2009-03-25	2009-03-26	Quarterly
2008-12-26	$0.102	$0.102	USD	-	2008-12-24	2008-12-26	Quarterly
2008-09-26	$0.057	$0.057	USD	-	2008-09-25	2008-09-26	Quarterly
2008-06-26	$0.057	$0.057	USD	-	2008-06-25	2008-06-26	Quarterly
2008-03-26	$0.013	$0.013	USD	-	2008-03-25	2008-03-26	Quarterly
2007-11-19	$0.000	$0.000	None	-	-	-	-
2007-09-26	$0.096	$0.096	USD	-	2007-09-25	2007-09-26	Quarterly
2007-06-26	$0.028	$0.028	USD	-	2007-06-25	2007-06-26	Quarterly
2007-03-26	$0.056	$0.056	USD	-	2007-03-23	2007-03-26	Quarterly
2006-12-26	$0.082	$0.082	USD	-	2006-12-22	2006-12-26	Quarterly
2006-11-17	$0.000	$0.000	None	-	-	-	-
2006-09-27	$0.145	$0.145	USD	-	2006-09-26	2006-09-27	Quarterly
2006-06-28	$0.058	$0.058	USD	-	2006-06-27	2006-06-28	Quarterly
2006-03-30	$0.055	$0.055	USD	-	2006-03-29	2006-03-30	Quarterly
2005-12-30	$0.074	$0.074	USD	-	2005-12-29	2005-12-30	Quarterly
2005-09-30	$0.078	$0.078	USD	-	2005-09-29	2005-09-30	Quarterly
2005-06-30	$0.056	$0.056	USD	-	2005-06-29	2005-06-30	Quarterly
2005-03-31	$0.053	$0.053	USD	-	2005-03-30	2005-03-31	Quarterly
2004-12-31	$0.126	$0.126	USD	-	2004-12-30	2004-12-31	Quarterly
2004-09-30	$0.101	$0.101	USD	-	2004-09-29	2004-09-30	Quarterly
2004-06-30	$0.109	$0.109	USD	-	2004-06-29	2004-06-30	Quarterly
2004-03-31	$0.024	$0.024	USD	-	2004-03-30	2004-03-31	Other

View the full dividend history for TVRFX.

Thornburg American Opportunities R3 NMFQS:TVRFX