Fund Objective

The Fund seeks long-term capital appreciation.

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

Investment Strategy

The Fund is invested in a broad range of foreign securities issued by companies that demonstrate one or more positive environmental, social and governance (“ESG”) characteristics identified as significant by Thornburg.

Portfolio Management

Portfolio managers are supported by the entire Thornburg investment team.

FUND FACTS as of 11/22/2017

CLASSSYMBOLNAVCHANGE
(from 11/21/2017)
FUND
NUMBER
CUSIPINCEPTION
DATE
CLASS ATBWAX$14.38$0.07131885-216-7219/30/2015
CLASS CTBWCX$14.26$0.07617885-216-7139/30/2015
CLASS ITBWIX$14.60$0.07229885-216-6979/30/2015
  • Net Assets as of 10/31/2017: $74.16 M
  • Capital Gains Paid Annually: 2017 Capital Gains Paid as of Nov 16, 2017 record date.
  • Benchmark: MSCI AC World ex-U.S. Index
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.

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. Investments in the Fund are not FDIC insured, nor are they bank deposits or guaranteed by a bank or any other entity.

The performance of any index is not indicative of the performance of any particular investment. Unless otherwise noted, index returns reflect the reinvestment of income dividends and capital gains, if any, but do not reflect fees, brokerage commissions or other expenses of investing. Investors may not make direct investments into any index.

Class I shares may not be available to all investors. Minimum investments for the I share class may be higher than those for other classes.

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

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.