It makes sense to diversify internationally
Ben Kirby joins CNBC to talk about international holdings in two strategies.
This is not a solicitation or offer for any product or service. Nor is it a complete analysis of every material fact concerning any market, industry, or investment. Data has been obtained from sources considered reliable, but Thornburg makes no representations as to the completeness or accuracy of such information and has no obligation to provide updates or changes. Thornburg does not accept any responsibility and cannot be held liable for any person’s use of or reliance on the information and opinions contained herein.
Investments carry risks, including possible loss of principal. Additional risks may be associated with investments outside the United States, especially in emerging markets, including currency fluctuations, illiquidity, volatility, and political and economic risks. Investments in small- and mid-capitalization companies may increase the risk of greater price fluctuations. Portfolios investing in bonds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds. The value of bonds will fluctuate relative to changes in interest rates, decreasing when interest rates rise. Investments in the Fund are not FDIC insured, nor are they bank deposits or guaranteed by a bank or any other entity.
You are now leaving the Thornburg Investment Management website.
Thornburg does not endorse the organizations or views represented by this third-party site and takes no responsibility for, and exercises no control over, the accuracy, accessibility, copyright or trademark compliance or legality of the material contained on this site. Privacy and security policies of the third-party website may differ from that of Thornburg.
By clicking OK below, you acknowledge the previous statement and will be taken to the linked site.
View top 10 holdings for Thornburg Investment Income Builder Fund and Thornburg Summit Fund.
View performance for Thornburg Investment Income Builder Fund and Thornburg Summit Fund.
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 thornburg.com. Read them carefully before investing.
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.
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.
Thornburg Investment Income Builder Fund: Overall Morningstar Rating among 377 World Allocation funds, based on risk-adjusted returns for class I shares, using a weighted average of the funds three-, five-, and ten-year ratings: respectively, 5 stars, 4 stars and 5 stars among 377, 349 and 255 funds, as of 30 Sep 2023.
Thornburg Summit Fund: Overall Morningstar Rating among 689 Allocation–30% to 50% Equity funds, based on risk-adjusted returns for class I shares, using the fund’s three-year rating: 5 stars among 689 funds, as of 30 Sep 2023.
To determine a fund’s Morningstar Ratingâ„¢, funds and other managed products with at least a three-year history are ranked in their categories by their Morningstar Risk-Adjusted Return scores. The top 10% receive 5 stars; the next 22.5%, 4 stars; the middle 35%, 3 stars; the next 22.5%, 2 stars; and the bottom 10% receive 1 star. The Risk-Adjusted Return accounts for variation in a managed product’s monthly excess performance (excluding sales charges), placing more emphasis on downward variations and rewarding consistent performance. Other share classes may have different performance characteristics.
© 2023 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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.
More Insights
Thornburg and Bow River Announce Private Credit Joint Venture
Thornburg Income Builder Opportunities Trust Announces Distribution
Finding Income, Opportunities and Defense in Today’s Markets
Generative AI: Finding Undervalued Investment Opportunities
Thornburg Names Heads of Equities and Fixed Income
