Thornburg Small/Mid Cap Growth Fund (THCGX)
The investment seeks long-term growth of capital by investing in equity securities selected for their growth potential. Under normal conditions, the fund invests at least 80% of its net assets in small- and mid-capitalization companies. The advisor expects to invest primarily in domestic common stocks. However, the fund may own foreign common stocks which, in the opinion of the fund’s investment advisor, Thornburg Investment Management, Inc. (“Thornburg”), offer prospects for meeting the fund’s investment goal.
Fund Info
| ISIN | US8852155824 |
|---|---|
| CUSIP | 885215582 |
| Issuer | Thornburg |
| Inception Date | Dec 27, 2000 |
| Category | Large Cap Growth Equities |
| Min. Investment | $5,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
THCGX has a high expense ratio of 1.31%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Thornburg Small/Mid Cap Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Thornburg Small/Mid Cap Growth Fund had a return of 13.32% year-to-date (YTD) and 18.28% in the last 12 months. Over the past 10 years, Thornburg Small/Mid Cap Growth Fund had an annualized return of 6.60%, while the S&P 500 had an annualized return of 10.85%, indicating that Thornburg Small/Mid Cap Growth Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.32% | 17.79% |
| 1 month | -1.01% | 0.18% |
| 6 months | 1.59% | 7.53% |
| 1 year | 18.28% | 26.42% |
| 5 years (annualized) | 4.94% | 13.48% |
| 10 years (annualized) | 6.60% | 10.85% |
Monthly Returns
The table below presents the monthly returns of THCGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.46% | 9.69% | 3.11% | -6.27% | 4.05% | -0.45% | 2.41% | 2.62% | 13.32% | ||||
| 2023 | 8.38% | -3.23% | 1.54% | 1.21% | -0.09% | 9.74% | 1.21% | -1.50% | -5.16% | -9.27% | 8.53% | 8.66% | 19.56% |
| 2022 | -14.93% | 1.14% | -1.06% | -13.41% | -4.93% | -8.82% | 11.04% | -1.71% | -8.08% | 5.67% | 3.22% | -5.89% | -34.19% |
| 2021 | -0.00% | 1.88% | -6.45% | 6.54% | -4.22% | 4.50% | 1.66% | 0.89% | -3.74% | 5.37% | -9.09% | -1.14% | -4.97% |
| 2020 | 3.57% | -4.64% | -11.72% | 13.77% | 9.85% | 4.77% | 5.90% | 7.46% | -4.67% | -2.26% | 11.45% | 5.03% | 41.70% |
| 2019 | 11.17% | 4.07% | 1.96% | 5.81% | -8.49% | 6.37% | 2.19% | -3.09% | -1.23% | 1.60% | 5.18% | 1.54% | 28.95% |
| 2018 | 7.21% | -0.69% | -0.50% | 1.58% | 2.68% | 2.16% | 0.96% | 5.88% | -1.46% | -9.42% | -1.15% | -8.48% | -2.56% |
| 2017 | 5.21% | 2.81% | 0.88% | 2.47% | 1.73% | 0.77% | 3.15% | -1.17% | 1.25% | 0.89% | 1.92% | 1.86% | 23.91% |
| 2016 | -11.57% | -2.94% | 8.13% | -1.19% | 2.76% | -2.53% | 5.97% | 1.54% | 1.62% | -1.84% | 0.79% | -1.72% | -2.35% |
| 2015 | -1.94% | 5.63% | -0.00% | 0.11% | 0.67% | 0.28% | 1.01% | -6.54% | -3.44% | 7.28% | 3.22% | -2.73% | 2.78% |
| 2014 | -1.28% | 3.74% | -4.72% | -5.63% | 1.31% | 4.16% | -1.47% | 4.59% | -3.36% | 4.16% | -0.51% | -0.22% | 0.07% |
| 2013 | 4.85% | 1.39% | 4.52% | -0.52% | 3.92% | -0.27% | 5.69% | 0.60% | 4.33% | 3.82% | 4.19% | 3.72% | 42.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of THCGX is 10, indicating that it is in the bottom 10% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Thornburg Small/Mid Cap Growth Fund (THCGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Thornburg Small/Mid Cap Growth Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $17.91 | $3.22 | $3.62 |
Dividend yield | 0.00% | 0.00% | 0.00% | 54.25% | 6.23% | 9.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Thornburg Small/Mid Cap Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 | $0.00 | $17.88 | $0.00 | $17.91 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.22 | $0.00 | $3.22 |
| 2019 | $3.62 | $0.00 | $3.62 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Thornburg Small/Mid Cap Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Thornburg Small/Mid Cap Growth Fund was 63.47%, occurring on Nov 20, 2008. Recovery took 1122 trading sessions.
The current Thornburg Small/Mid Cap Growth Fund drawdown is 24.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -63.47% | Oct 15, 2007 | 279 | Nov 20, 2008 | 1122 | May 10, 2013 | 1401 |
| -48.81% | Feb 16, 2021 | 338 | Jun 16, 2022 | — | — | — |
| -28.5% | Feb 20, 2020 | 18 | Mar 16, 2020 | 55 | Jun 3, 2020 | 73 |
| -26.52% | Jun 24, 2015 | 161 | Feb 11, 2016 | 254 | Feb 14, 2017 | 415 |
| -24.61% | Aug 30, 2018 | 80 | Dec 24, 2018 | 84 | Apr 26, 2019 | 164 |
Volatility
Volatility Chart
The current Thornburg Small/Mid Cap Growth Fund volatility is 5.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.