Thornburg Developing World Fund (THDIX)
Under normal market conditions the fund invests at least 80% of its assets in equity securities of developing country issuers. A developing country issuer is a company or sovereign entity that is domiciled or otherwise tied economically to one or more developing countries. The fund may invest in issuers of any size of capitalization, including small companies.
Fund Info
| ISIN | US8852166060 |
|---|---|
| CUSIP | 885216606 |
| Issuer | Thornburg |
| Inception Date | Dec 15, 2009 |
| Category | Emerging Markets Diversified |
| Min. Investment | $2,500,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
THDIX has a high expense ratio of 1.06%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: THDIX vs. VWO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Thornburg Developing World 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 Developing World Fund had a return of 5.25% year-to-date (YTD) and 9.09% in the last 12 months. Over the past 10 years, Thornburg Developing World Fund had an annualized return of 2.29%, while the S&P 500 had an annualized return of 10.88%, indicating that Thornburg Developing World Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.25% | 18.13% |
| 1 month | -1.89% | 1.45% |
| 6 months | 2.11% | 8.81% |
| 1 year | 9.09% | 26.52% |
| 5 years (annualized) | 2.20% | 13.43% |
| 10 years (annualized) | 2.29% | 10.88% |
Monthly Returns
The table below presents the monthly returns of THDIX, 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 | -4.11% | 5.91% | 2.37% | -1.00% | 1.70% | 3.57% | -2.48% | -0.00% | 5.25% | ||||
| 2023 | 7.94% | -5.99% | 3.06% | -1.27% | -2.34% | 4.45% | 4.17% | -5.44% | -3.90% | -4.30% | 7.96% | 3.50% | 6.61% |
| 2022 | -3.47% | -4.60% | -2.75% | -8.35% | 2.55% | -7.85% | -0.56% | -0.09% | -11.29% | -4.91% | 15.94% | -1.18% | -25.52% |
| 2021 | 2.95% | 2.15% | -3.44% | 1.66% | 1.06% | 1.58% | -5.34% | 2.63% | -3.65% | 1.03% | -5.19% | 2.44% | -2.67% |
| 2020 | -3.54% | -5.59% | -17.44% | 9.82% | 2.40% | 8.27% | 8.49% | 3.26% | -1.52% | 3.55% | 9.41% | 7.48% | 22.98% |
| 2019 | 9.93% | 1.98% | 2.65% | 3.25% | -6.45% | 7.79% | -1.57% | -3.29% | 1.51% | 4.31% | 0.46% | 7.42% | 30.30% |
| 2018 | 7.75% | -4.95% | -2.90% | -1.68% | -2.09% | -3.15% | 2.45% | -4.05% | -0.51% | -7.98% | 5.06% | -2.90% | -14.88% |
| 2017 | 3.25% | 1.88% | 3.06% | 3.40% | 2.18% | 2.43% | 5.03% | 1.58% | 1.75% | 2.42% | 1.74% | 2.37% | 35.86% |
| 2016 | -4.17% | -1.27% | 9.42% | 2.35% | -1.75% | 1.05% | 4.39% | 1.17% | 0.09% | -0.87% | -6.14% | -0.37% | 3.08% |
| 2015 | -0.97% | 0.71% | -1.79% | 4.53% | -1.43% | -2.09% | -4.16% | -8.57% | -3.96% | 5.11% | -1.68% | -1.07% | -14.99% |
| 2014 | -5.46% | 6.10% | -0.63% | -0.53% | 3.70% | 2.65% | -1.39% | 0.66% | -4.95% | 2.43% | 0.26% | -4.52% | -2.35% |
| 2013 | 5.85% | 1.73% | 2.72% | 1.82% | 0.87% | -7.35% | 0.93% | -3.33% | 7.12% | 4.21% | 0.43% | 0.94% | 16.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of THDIX is 5, indicating that it is in the bottom 5% 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 Developing World Fund (THDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Thornburg Developing World Fund granted a 1.95% dividend yield in the last twelve months. The annual payout for that period amounted to $0.43 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.43 | $0.36 | $0.00 | $0.04 | $0.41 | $0.24 | $0.16 | $0.09 | $0.11 | $0.13 | $0.01 |
Dividend yield | 1.95% | 2.05% | 1.77% | 0.00% | 0.15% | 1.77% | 1.31% | 0.74% | 0.55% | 0.69% | 0.72% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Thornburg Developing World 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 | $0.43 | $0.43 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2021 | $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 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2019 | $0.03 | $0.02 | $0.03 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.41 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2017 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.16 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.09 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.01 | $0.11 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.13 |
| 2013 | $0.01 | $0.01 |
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 Developing World 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 Developing World Fund was 44.31%, occurring on Oct 28, 2022. The portfolio has not yet recovered.
The current Thornburg Developing World Fund drawdown is 28.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.31% | Feb 18, 2021 | 429 | Oct 28, 2022 | — | — | — |
| -34.56% | Jan 21, 2020 | 44 | Mar 23, 2020 | 109 | Aug 26, 2020 | 153 |
| -31.03% | Jul 7, 2014 | 390 | Jan 21, 2016 | 402 | Aug 24, 2017 | 792 |
| -29.06% | Apr 26, 2011 | 113 | Oct 4, 2011 | 313 | Jan 4, 2013 | 426 |
| -25.44% | Jan 29, 2018 | 191 | Oct 29, 2018 | 284 | Dec 16, 2019 | 475 |
Volatility
Volatility Chart
The current Thornburg Developing World Fund volatility is 2.77%, 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.