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Thornburg Developing World A (THDAX)

19.14 Down 0.11(0.57%) Sep 15

Profile as of Aug 30, 2014Get Profile for:
Thornburg Developing World A
2300 North Ridgetop Road
Phone: 800-847-0200
Fund Overview 
Category:Diversified Emerging Mkts
Fund Family:Thornburg
Net Assets:3.13B
Year-to-Date Return:4.54%
Morningstar Rating:4 stars
Fund Inception Date:Dec 16, 2009
Morningstar Style Box 
Diversified Emerging Mkts
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Management Information 
Lewis Kaufman
Lead Manager since Dec 16, 2009
Lewis Kaufman is portfolio manager of the Thornburg Developing World Strategy. Lewis joined Thornburg Investment Management in 2005 as an associate portfolio manager. From 2006 to 2013, he was the portfolio manager of the International ADR Strategy. In 2009, he was named manager of the Developing World Strategy. Lewis holds an MBA from Duke University’s Fuqua School of Business. He graduated cum laude from Colgate University with a BA in English. He is a CFA charterholder. Prior to joining Thornburg, Lewis held various investment-related positions with Morgan Stanley and Citigroup.
Investment Information 
Min Initial Investment:5,000
Min Initial Investment, IRA:2,000
Min Initial Investment, AIP:100
Min Subsequent Investment:100
Min Subsequent Investment, IRA:100
Min Subsequent Investment, AIP:100
THDAX can be purchased from 54 brokerages.

Fund Summary 
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its assets in equity securities and debt obligations of developing country issuers. It expects that investments in the fund's portfolio normally will be weighted in favor of equity securities. The investment in debt obligations may include, but is not limited to, those of sovereign and corporate issuers. It may purchase debt obligations of any maturity and quality. The fund may invest in debt obligations which have a combination of equity and debt characteristics. It may invest in issuers of any size of capitalization, including small companies.

Fund Operations 
Last Dividend (Jun 23, 2014) : 0.00
Last Cap Gain : 0.00
Annual Holdings Turnover (Sep 14, 2014) : 61.67%
Average for Category:46.97%
Fees & Expenses 
ExpenseTHDAXCategory Avg
Annual Report Expense Ratio (net):1.48%1.55%
Prospectus Net Expense Ratio:1.59%N/A
Prospectus Gross Expense Ratio:1.59%N/A
Max 12b1 Fee:0.25%N/A
Max Front End Sales Load:4.50%5.32%
Max Deferred Sales Load: N/A1.72%
3 Yr Expense Projection*:9291,077
5 Yr Expense Projection*:1,2771,334
10 Yr Expense Projection*:2,2542,740
* Per $10,000 invested