Uncharted Territories: Implications of the Balance Sheet Unwind
    November 2017 [From Our PerspectiveJeff Klingelhofer, CFAJosh Yafa]

    Global fixed income portfolio manager Jeff Klingelhofer, CFA, discusses the implications of central bank balance sheet unwinding and its potential effect on asset prices and global economies.

  • Innovation-Driven Disruption in Europe
    January 2018 [Greg DunnFrom Our Perspective]

    Portfolio Manager Greg Dunn discusses how disruption is affecting companies in Europe and how innovation-driven disruption could provide investment opportunities throughout the region. 

  • Collaborative Process Key for Thornburg

    CEO Jason Brady and Morningstar’s Russell Kinnel talk about active management vs. passive investing, the advantages of having a collaborative investment team under the same roof, and why Santa Fe is ideal headquarters for an investment management firm.

  • Thornburg CEO Sees Telecom, Financials as Attractive

    CEO Jason Brady likes Telecom and Financials, but Brady says you have to look at each name from a bottom-up sense.

  • Opportunities in International Investing
    August 2017 [Sean Sun, CFADi Zhou, CFABrian Burrell, CFAFrom the Floor]

    Attractive conditions in overseas markets continue to spark opportunities for active investors, according to several international growth, value and ESG investment team members.

  • Do Bank Loans Deliver vs. High Yield When Rates Rise?

    If recent history is any guide, not necessarily. Downside protection from bank loans hasn’t been materially better than that of high yield, either.

  • The Real Risk is No Perceived Risk

    Stocks up, bonds up. Will our current goldilocks scenario hold, or are investors sowing the seeds of future disappointment? Global fixed income portfolio manager Jeff Klingelhofer, CFA, offers his unique take on the current divergence between equity and bond markets and future implications for market participants.

  • Opportunities in European Investing
    July 2017 [International Investing, Di Zhou, CFA, ]

    Portfolio Manager Di Zhou discusses how investing in European markets can be opportunistic in this current environment and explains why the ECB continues to have a much easier monetary policy than the U.S. Fed. Di also shares which sectors she favors in Europe and discusses the recent inclusion of China's A shares in MSCI Indices.

  • The Role of Net Exposure in Long/Short Liquid Alts

    As investors look to alternative investments, Long/Short mutual funds and hedge funds are certainly two worth considering. But what should you know before investing? Connor Browne, portfolio manager for the Thornburg Long/Short Equity Fund, compares the two strategies and offers his insights.

  • Federal Stimulus and Infrastructure Spending - Good News for Munis?
    April 2017 [Nicholos Venditti, CFAFrom the Floor]

    The Trump administration’s proposal to drastically increase infrastructure spending over the next 10 years seems like a good thing for muni investors, but is it? Nick Venditti discusses the implications for investors with increased bond supply and possible public-private partnerships needed to pull off the $1 trillion infrastructure price tag.

  • Interest Rates vs. Credit Risk in Bond Investing
    May 2017 [Lon Erickson, CFAFrom the Floor]

    As the Federal Reserve looks to increase the pace of its rate hikes, investors are rightly focused on the negative impact higher US Treasury rates might have on their fixed income portfolio.  Portfolio Manager Lon Erickson walks us through the implications of interest rate and credit risk.

  • Actively Managed. Structured for Excellence
    June 2016 [About UsCapabilities]
    Far from the groupthink of Wall Street, Thornburg offers a broader view of the financial landscape. We have a disciplined approach to portfolio construction, a flexible perspective that crosses boundaries, and an adherence to access and transparency. We believe this helps investors reach their long-term goals.
  • Looking for Dividends? Go Global
    October 2016 [Investment Income Builder FundMatt BurdettHow We Invest]
    Associate Portfolio Manager Matt Burdett on the importance of dividend-paying stocks and why, given today’s environment, the best place to look for valuable dividend-paying stocks is outside the U.S.
  • A Distinctive Approach to Emerging Markets Investing
    July 2016 [Developing World FundBen Kirby, CFACharles Wilson, PhDHow We Invest]
    Thornburg Developing World strategy is an active investment portfolio that utilizes a flexible, bottom-up research process to uncover the best investment opportunities in the emerging markets. In this video, Portfolio Managers Ben Kirby and Charlie Wilson discuss their approach to emerging market investing. 
  • Active Bond Laddering: A Thornburg Tradition
    March 2016 [Bond FundsChristopher Ryon, CFAHow We Invest]

    Portfolio Manager Chris Ryon outlines Thornburg’s tradition of “laddering” in its core fixed income strategies. Whether interest rates rise or fall, Thornburg’s laddering approach helps diversify along a shifting yield curve and maximize returns.

  • Is It Active Management's Time to Shine?
    July 2015 [Connor Browne, CFAFrom The Floor]

    Truly active management is alive and well. Portfolio Manager Connor Browne highlights academic research indicating highly active managers at collaborative, fundamental research shops have outperformed.

  • Our Vision, Mission and Values
    [Our FirmGarrett ThornburgHow We Invest]

    Garrett Thornburg describes how our Vision, Mission and Values support our goals of excellence through continual improvement and adding value for our clients.

Important Information
Before investing, carefully consider the Fund’s investment goals, risks, charges, and expenses. For a prospectus or summary prospectus containing this and other information, contact your financial advisor or visit our literature center. Read them carefully before investing.

The performance data quoted represents past performance; it does not guarantee future results.

There is no guarantee that the Fund will meet its investment objectives.

The views expressed are subject to change and do not necessarily reflect the views of Thornburg Investment Management, Inc. This information should not be relied upon as a recommendation or investment advice and is not intended to predict the performance of any investment or market.

Any securities, sectors, or countries mentioned are for illustration purposes only. Holdings are subject to change. Under no circumstances does the information contained within represent a recommendation to buy or sell any security.

Please see our glossary for a definition of terms.

Thornburg mutual funds are distributed by Thornburg Securities Corporation.

Thornburg Investment Management, Inc. mutual funds are sold through investment professionals including investment advisors, brokerage firms, bank trust departments, trust companies and certain other financial intermediaries. Thornburg Securities Corporation (TSC) does not act as broker of record for investors.

Diversification does not assure or guarantee better performance and cannot eliminate the risk of investment losses.