Thornburg Developing World Fund Quote
| THDRX Fund | USD 22.50 0.10 0.44% |
Performance2 of 100
| Odds Of DistressLess than 22
|
Thornburg Developing is trading at 22.50 as of the 27th of November 2024; that is 0.44% down since the beginning of the trading day. The fund's open price was 22.6. Thornburg Developing has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Thornburg Developing World are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 27th of November 2024. Click here to learn more.
Under normal market conditions the fund invests at least 80 percent of its net assets in equity securities of issuers which the advisor views as having substantial economic ties to one or more developing countries. More on Thornburg Developing World
Thornburg Mutual Fund Highlights
| Fund Concentration | Thornburg Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, Thornburg (View all Sectors) |
| Update Date | 30th of September 2024 |
Thornburg Developing World [THDRX] is traded in USA and was established 27th of November 2024. Thornburg Developing is listed under Thornburg category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of Thornburg family. This fund at this time has accumulated 887.38 M in assets with no minimum investment requirementsThornburg Developing is currently producing year-to-date (YTD) return of 6.5% with the current yeild of 0.02%, while the total return for the last 3 years was -5.9%.
Check Thornburg Developing 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 Developing 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 Developing World Mutual Fund Constituents
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| IDCBF | Industrial and Commercial | Pink Sheet | Banks—Diversified | |
| MU | Micron Technology | Stock | Information Technology | |
| TCTZF | Tencent Holdings | Pink Sheet | Internet Content & Information | |
| SLB | Schlumberger NV | Stock | Energy | |
| BIDU | Baidu Inc | Stock | Communication Services | |
| NVS | Novartis AG ADR | Stock | Health Care |
Thornburg Developing Risk Profiles
| Mean Deviation | 0.6244 | |||
| Semi Deviation | 0.787 | |||
| Standard Deviation | 0.7971 | |||
| Variance | 0.6353 |
Thornburg Developing Against Markets
Other Information on Investing in Thornburg Mutual Fund
Thornburg Developing 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 Developing security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |