Share Class
Average Annual Total Returns
I Shares (Incep. 12/30/2016) | YTD | 1-YR | 3-YR | 5-YR | 10-YR | INCEPTION* |
---|---|---|---|---|---|---|
THLSX† | -5.34% | -6.01% | -3.94% | 2.05% | 5.29% | 4.56% |
Benchmark (Since 2/1/2008) | ||||||
S&P 500 TR | 6.17% | 56.35% | 16.78% | 16.29% | 13.91% | 10.67% |
I Shares (Incep. 12/30/2016) | YTD | 1-YR | 3-YR | 5-YR | 10-YR | INCEPTION* |
---|---|---|---|---|---|---|
THLSX† | -5.34% | -6.01% | -3.94% | 2.05% | 5.29% | 4.56% |
Benchmark (Since 2/1/2008) | ||||||
S&P 500 TR | 6.17% | 56.35% | 16.78% | 16.29% | 13.91% | 10.67% |
I Shares* (Incep. 12/30/2016) | S&P 500 TR | |
---|---|---|
2009† | 36.38% | 26.46% |
2010† | 9.02% | 15.06% |
2011† | 1.27% | 2.11% |
2012† | 17.23% | 16.00% |
2013† | 21.75% | 32.39% |
2014† | 5.45% | 13.69% |
2015† | 2.26% | 1.38% |
2016† | 1.40% | 11.96% |
2017 | 16.87% | 21.83% |
2018 | -6.39% | -4.38% |
2019 | 8.50% | 31.49% |
2020 | -8.15% | 18.40% |
* Since 2/1/2008.
† Performance prior to 12/30/2016 is from the predecessor fund, which was managed in a materially equivalent manner to Thornburg Long/Short Equity Fund. The predecessor fund was not a registered mutual fund and was not subject to the same investment restrictions as the Long/Short Equity Fund. If the predecessor fund had been registered under the 1940 Act, the performance may have been different.
Returns for less than one year are not annualized.
Source: Confluence
Correlation Metrics as of — Class I Shares
1-YR | 3-YR | 5-YR | 10-YR | INCEPTION | |
---|---|---|---|---|---|
Beta vs. S&P 500 TR | 0.23 | 0.33 | 0.32 | 0.37 | 0.47 |
Correlation vs. S&P 500 TR | 0.54 | 0.64 | 0.56 | 0.62 | 0.74 |
Upcapture vs. S&P 500 TR | -1.28% | 18.83% | 29.26% | 40.64% | 48.11% |
Downcapture vs. S&P 500 TR | 28.40% | 44.29% | 46.56% | 40.48% | 47.97% |
Risk Metrics as of — Class I Shares
1-YR | 3-YR | 5-YR | 10-YR | INCEPTION | |
---|---|---|---|---|---|
Fund Standard Deviation (Annualized) | 10.70% | 9.59% | 8.78% | 7.97% | 10.00% |
Fund Sharpe Ratio | -0.82 | -0.40 | 0.10 | 0.63 | 0.45 |
S&P 500 TR Standard Deviation (Annualized) | 24.84% | 18.53% | 15.13% | 13.49% | 15.85% |
S&P 500 TR Sharpe Ratio | 0.72 | 0.68 | 0.93 | 0.98 | 0.62 |
Dividends and Capital Gains — Class I Shares
Dividend (December 2020) | None Paid |
Capital Gains (2020) | None Paid |
Hypothetical Growth of $10,000 as of (Thornburg Long/Short Equity Fund vs. S&P 500 TR)
17985.43700000 | |
38002.11480000 |
Performance prior to 12/30/2016 is from the predecessor fund, which was managed in a materially equivalent manner to Thornburg Long/Short Equity Fund. The predecessor fund was not a registered mutual fund and was not subject to the same investment restrictions as the Long/Short Equity Fund. If the predecessor fund had been registered under the 1940 Act, the Performance may have been different.