Thornburg Global Opportunities Fund Quote
THOFX Fund | USD 38.29 0.24 0.62% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Thornburg Global is trading at 38.29 as of the 14th of December 2024; that is 0.62% down since the beginning of the trading day. The fund's open price was 38.53. Thornburg Global has about a 23 % 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. The performance scores are derived for the period starting the 14th of November 2024 and ending today, the 14th of December 2024. Click here to learn more.
The fund pursues its investment goal by investing primarily in a broad range of equity securities, including common stocks, preferred stocks and publicly traded real estate investment trusts. It may invest in any stock or other equity security which its investment advisor, Thornburg Investment Management, Inc. More on Thornburg Global Opportunities
Moving together with Thornburg Mutual Fund
0.92 | TGIRX | Thornburg International | PairCorr |
0.92 | TGVAX | Thornburg International | PairCorr |
0.92 | TGVIX | Thornburg International | PairCorr |
0.92 | TGVRX | Thornburg International | PairCorr |
Moving against Thornburg Mutual Fund
Thornburg Mutual Fund Highlights
Fund Concentration | Thornburg Funds, Large Value Funds, World Large-Stock Blend Funds, World Large-Stock Blend, Thornburg (View all Sectors) |
Update Date | 31st of December 2024 |
Thornburg Global Opportunities [THOFX] is traded in USA and was established 14th of December 2024. Thornburg Global is listed under Thornburg category by Fama And French industry classification. The fund is listed under World Large-Stock Blend category and is part of Thornburg family. This fund at this time has accumulated 1.97 B in assets with no minimum investment requirementsThornburg Global Opp is currently producing year-to-date (YTD) return of 16.57% with the current yeild of 0.02%, while the total return for the last 3 years was 7.48%.
Check Thornburg Global 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 Global Opportunities 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 Global Opportunities Mutual Fund Constituents
TMUS | T Mobile | Stock | Communication Services | |
CF | CF Industries Holdings | Stock | Materials | |
GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
QRVO | Qorvo Inc | Stock | Information Technology | |
NN | Nextnav Acquisition Corp | Stock | Information Technology | |
ABBV | AbbVie Inc | Stock | Health Care | |
GDS | GDS Holdings | Stock | Industrials | |
COF | Capital One Financial | Stock | Financials |
Thornburg Global Opp Risk Profiles
Mean Deviation | 0.4582 | |||
Semi Deviation | 0.6781 | |||
Standard Deviation | 0.664 | |||
Variance | 0.4409 |
Thornburg Global Against Markets
Other Information on Investing in Thornburg Mutual Fund
Thornburg Global 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 Global security.
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