Thornburg Investment Management offers three mutual funds with strong performance and lower fees

From Nasdaq: 2025-03-11 07:26:00

Thornburg Investment Management, founded in 1982, manages $45 billion as of Dec. 31, 2024. With offices in Santa Fe, London, Hong Kong, and Shanghai, it offers actively managed mutual funds in fixed-income and equity markets, making it a solid choice for investment.

Thornburg’s mutual funds – TIBMX, TGIRX, and THOGX – are recommended for long-term investment. These funds have Zacks Mutual Fund Rank #1 or 2, positive annualized returns, low expense ratios, and minimum initial investments of $5000, providing strong performance and lower fees for investors.

Thornburg Investment Income Builder fund primarily invests in income-producing securities like stocks and bonds. Managed by Brian J. McMahon, it holds top positions in companies like Orange SA, Broadcom Inc., and Taiwan Semiconductor Manufacturing Co Ltd, with annualized returns of 7.4% and 7.7% over three and five years, respectively.

Thornburg International Equity fund focuses on non-U.S. common stocks and depositary receipts. Led by Lei Wang, it holds top positions in companies like Sony Group Corp, TotalEnergies SE, and Schneider Electric S.E., with annualized returns of 5.5% and 8.6% over three and five years, respectively.

Thornburg Global Opportunities fund invests in common stocks, preferred stocks, REITs, and smaller companies. Managed by Brian J. McMahon, it holds top positions in companies like Meta Platforms, Inc., Alphabet Inc., and Bank of Ireland Group plc, with annualized returns of 8.2% and 12.9% over three and five years, respectively.



Read more at Nasdaq: 3 Thornburg Mutual Funds for Long-Term Returns