Thornburg Better World Fund Quote
| TBWIX Fund | USD 18.96 0.08 0.42% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Thornburg Better is trading at 18.96 as of the 27th of November 2024; that is 0.42 percent increase since the beginning of the trading day. The fund's open price was 18.88. Thornburg Better has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Thornburg Better World are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of May 2024 and ending today, the 27th of November 2024. Click here to learn more.
The fund invests primarily in a broad range of foreign equity securities or depositary receipts of foreign equity securities. The advisor combines fundamental research on issuers with analysis of significant ESG characteristics, which Thornburg defines as those ESG factors that may materially affect an issuers risk and return profile and the issuers long-term investment performance. More on Thornburg Better World
Moving together with Thornburg Mutual Fund
| 0.89 | TGIRX | Thornburg International | PairCorr |
| 0.89 | TGVAX | Thornburg International | PairCorr |
| 0.89 | TGVIX | Thornburg International | PairCorr |
| 0.89 | TGVRX | Thornburg International | PairCorr |
Moving against Thornburg Mutual Fund
Thornburg Mutual Fund Highlights
| Fund Concentration | Thornburg Funds, Large Growth Funds, Foreign Large Blend Funds, Foreign Large Blend, Thornburg (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of February 2023 |
| Fiscal Year End | September |
Thornburg Better World [TBWIX] is traded in USA and was established 27th of November 2024. Thornburg Better is listed under Thornburg category by Fama And French industry classification. The fund is listed under Foreign Large Blend category and is part of Thornburg family. This fund at this time has accumulated 564.71 M in assets with minimum initial investment of 2.5 M. Thornburg Better World is currently producing year-to-date (YTD) return of 7.82% with the current yeild of 0.01%, while the total return for the last 3 years was -0.95%.
Check Thornburg Better Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Thornburg Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Thornburg Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Thornburg Better World Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Thornburg Better World Mutual Fund Constituents
| ASML | ASML Holding NV | Stock | Information Technology | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| CME | CME Group | Stock | Financials | |
| COUR | Coursera | Stock | Consumer Discretionary | |
| CRH | CRH PLC ADR | Stock | Materials | |
| DNB | Dun Bradstreet Holdings | Stock | Industrials | |
| NOVN | Novan Inc | Stock | Health Care | |
| TMO | Thermo Fisher Scientific | Stock | Health Care |
Thornburg Better World Risk Profiles
| Mean Deviation | 0.5524 | |||
| Standard Deviation | 0.7194 | |||
| Variance | 0.5175 | |||
| Risk Adjusted Performance | (0.07) |
Thornburg Better Against Markets
Other Information on Investing in Thornburg Mutual Fund
Thornburg Better financial ratios help investors to determine whether Thornburg Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thornburg with respect to the benefits of owning Thornburg Better security.
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