Better World International Fund - Performance

Share Class

Average Annual Total Returns

A Shares (Incep. 9/30/2015) YTD 1-YR 3-YR INCEPTION
TBWAX with sales charge6.59%20.30%6.53%9.05%
TBWAX without sales charge11.62%26.00%8.18%10.07%
Benchmark (Since 9/30/2015)
MSCI ACWI ex US NTR-3.05%8.31%2.63%6.87%
A Shares (Incep. 9/30/2015) YTD 1-YR 3-YR INCEPTION
TBWAX without sales charge-1.20%6.81%4.90%7.65%
TBWAX with sales charge-5.65%2.02%3.29%6.62%
Benchmark (Since 9/30/2015)
MSCI ACWI ex US NTR-11.00%-4.80%1.13%5.22%
A Shares without sales charge
(Incep. 9/30/2015)
MSCI ACWI ex US NTR
2016 6.76% 4.50%
2017 21.88% 27.19%
2018 -14.28% -14.20%
2019 23.73% 21.51%

Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class A Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 2.10%
Net Annual Operating Expenses (as reported in the most recent Prospectus) 1.83%
Actual Annualized Operating Expenses (fiscal year to date, as of 6/30/2020) 1.83%

Morningstar Rating

Overall Morningstar Rating among 633 Foreign Large Blend funds, based on risk-adjusted returns for class A shares, using the fund's three-year rating: 5 stars among 633 funds, as of 7/31/2020.

Dividends and Capital Gains — Class A Shares

Dividend (December 2019) None Paid
Capital Gains for 2018 paid Nov 15, 2018  
     Short-Term (per share) $0.46085
     Long-Term (per share) $0.50436
     Total (per share) $0.96521

Hypothetical Growth of $10,000 as of (Thornburg Better World International Fund vs. MSCI ACWI ex US NTR)

A Shares with sales charge
15316.86940000
MSCI ACWI ex US NTR
13870.25490000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Additional Rating and Ranking Information

Average Annual Total Returns

C Shares (Incep. 9/30/2015) YTD 1-YR 3-YR INCEPTION
TBWCX without sales charge11.27%25.29%7.59%9.46%
TBWCX with sales charge10.27%24.29%7.59%9.46%
Benchmark (Since 9/30/2015)
MSCI ACWI ex US NTR-3.05%8.31%2.63%6.87%
C Shares (Incep. 9/30/2015) YTD 1-YR 3-YR INCEPTION
TBWCX without sales charge-1.42%6.26%4.31%7.05%
TBWCX with sales charge-2.40%5.26%4.31%7.05%
Benchmark (Since 9/30/2015)
MSCI ACWI ex US NTR-11.00%-4.80%1.13%5.22%
C Shares without sales charge
(Incep. 9/30/2015)
MSCI ACWI ex US NTR
2016 6.13% 4.50%
2017 21.20% 27.19%
2018 -14.66% -14.20%
2019 22.89% 21.51%

Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class C Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 3.48%
Net Annual Operating Expenses (as reported in the most recent Prospectus) 2.38%
Actual Annualized Operating Expenses (fiscal year to date, as of 6/30/2020) 2.38%

Morningstar Rating

Overall Morningstar Rating among 633 Foreign Large Blend funds, based on risk-adjusted returns for class C shares, using the fund's three-year rating: 5 stars among 633 funds, as of 7/31/2020.

Dividends and Capital Gains — Class C Shares

Dividend (December 2019) None Paid
Capital Gains for 2018 paid Nov 15, 2018  
     Short-Term (per share) $0.46085
     Long-Term (per share) $0.50436
     Total (per share) $0.96521

Hypothetical Growth of $10,000 as of (Thornburg Better World International Fund vs. MSCI ACWI ex US NTR)

C Shares
15599.77120000
MSCI ACWI ex US NTR
13870.25490000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Additional Rating and Ranking Information

Average Annual Total Returns

I Shares (Incep. 9/30/2015) YTD 1-YR 3-YR INCEPTION
TBWIX12.15%26.94%8.98%10.91%
Benchmark (Since 9/30/2015)
MSCI ACWI ex US NTR-3.05%8.31%2.63%6.87%
I Shares (Incep. 9/30/2015) YTD 1-YR 3-YR INCEPTION
TBWIX-0.83%7.59%5.67%8.47%
Benchmark (Since 9/30/2015)
MSCI ACWI ex US NTR-11.00%-4.80%1.13%5.22%
I Shares (Incep. 9/30/2015) MSCI ACWI ex US NTR
2016 7.55% 4.50%
2017 22.87% 27.19%
2018 -13.59% -14.20%
2019 24.62% 21.51%

Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class I Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 1.44%
Net Annual Operating Expenses (as reported in the most recent Prospectus) 1.09%
Actual Annualized Operating Expenses (fiscal year to date, as of 6/30/2020) 1.09%

Morningstar Rating

Overall Morningstar Rating among 633 Foreign Large Blend funds, based on risk-adjusted returns for class I shares, using the fund's three-year rating: 5 stars among 633 funds, as of 7/31/2020.

Dividends and Capital Gains — Class I Shares

Dividend (December 2019) None Paid
Capital Gains for 2018 paid Nov 15, 2018  
     Short-Term (per share) $0.46085
     Long-Term (per share) $0.50436
     Total (per share) $0.96521

Hypothetical Growth of $10,000 as of (Thornburg Better World International Fund vs. MSCI ACWI ex US NTR)

I Shares
16642.13490000
MSCI ACWI ex US NTR
13870.25490000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Additional Rating and Ranking Information
Important Information