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Thornburg Global Opportunities Fund (THOIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US8852153274

CUSIP

885215327

Issuer

Thornburg

Inception Date

Jul 28, 2006

Min. Investment

$2,500,000

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Value

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
THOIX vs. PRNEX
Popular comparisons:
THOIX vs. PRNEX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Thornburg Global Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-2.89%
12.53%
THOIX (Thornburg Global Opportunities Fund)
Benchmark (^GSPC)

Returns By Period

Thornburg Global Opportunities Fund had a return of 10.11% year-to-date (YTD) and 18.39% in the last 12 months. Over the past 10 years, Thornburg Global Opportunities Fund had an annualized return of 5.02%, while the S&P 500 had an annualized return of 11.21%, indicating that Thornburg Global Opportunities Fund did not perform as well as the benchmark.


THOIX

YTD

10.11%

1M

-4.85%

6M

-2.89%

1Y

18.39%

5Y (annualized)

5.87%

10Y (annualized)

5.02%

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of THOIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.50%2.64%6.11%-0.22%3.72%0.13%1.40%0.78%2.89%-2.75%10.11%
20238.13%-2.85%-0.80%0.78%-2.10%4.22%6.80%-4.61%-2.58%-4.72%3.39%6.98%12.08%
2022-0.45%-2.84%0.81%-5.83%2.35%-9.72%2.67%-1.86%-8.55%6.59%8.84%-3.33%-12.32%
2021-0.17%4.53%2.37%4.78%1.10%-0.02%-0.40%1.57%-3.16%2.28%-14.21%4.77%1.89%
2020-3.24%-4.44%-18.78%12.46%4.86%3.33%7.84%6.10%-2.66%-0.41%5.90%6.46%14.44%
201910.12%1.14%0.99%5.31%-10.39%6.74%0.75%-5.13%3.83%4.45%3.36%5.08%27.53%
20183.83%-4.93%-4.23%2.59%0.29%-2.16%2.08%-1.39%-1.51%-8.78%-0.66%-7.28%-20.72%
20173.54%0.51%3.03%3.80%3.76%-0.98%3.44%-1.45%1.70%2.00%-1.74%2.71%22.03%
2016-6.27%-0.17%4.53%-1.08%2.51%-6.60%3.23%1.36%1.53%1.16%2.06%2.38%4.02%
2015-0.75%7.85%-0.30%0.85%3.16%-3.60%3.22%-4.73%-7.82%4.08%1.25%-0.78%1.46%
2014-0.09%5.34%-1.20%2.61%4.57%2.18%-1.60%2.17%-2.42%2.94%4.00%-0.69%18.91%
20134.54%0.17%3.14%1.22%2.95%-3.71%3.14%1.12%4.96%4.15%2.04%2.13%28.76%

Expense Ratio

THOIX has a high expense ratio of 0.99%, indicating higher-than-average management fees.


Expense ratio chart for THOIX: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of THOIX is 41, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of THOIX is 4141
Combined Rank
The Sharpe Ratio Rank of THOIX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of THOIX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of THOIX is 3737
Omega Ratio Rank
The Calmar Ratio Rank of THOIX is 4242
Calmar Ratio Rank
The Martin Ratio Rank of THOIX is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Thornburg Global Opportunities Fund (THOIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for THOIX, currently valued at 1.70, compared to the broader market-1.000.001.002.003.004.005.001.702.53
The chart of Sortino ratio for THOIX, currently valued at 2.32, compared to the broader market0.005.0010.002.323.39
The chart of Omega ratio for THOIX, currently valued at 1.30, compared to the broader market1.002.003.004.001.301.47
The chart of Calmar ratio for THOIX, currently valued at 0.94, compared to the broader market0.005.0010.0015.0020.000.943.65
The chart of Martin ratio for THOIX, currently valued at 8.86, compared to the broader market0.0020.0040.0060.0080.00100.008.8616.21
THOIX
^GSPC

The current Thornburg Global Opportunities Fund Sharpe ratio is 1.70. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Thornburg Global Opportunities Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.70
2.53
THOIX (Thornburg Global Opportunities Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Thornburg Global Opportunities Fund provided a 1.97% dividend yield over the last twelve months, with an annual payout of $0.73 per share.


0.50%1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.8020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.73$0.73$0.45$0.59$0.09$0.18$0.65$0.21$0.22$0.15$0.10$0.21

Dividend yield

1.97%2.17%1.45%1.66%0.24%0.56%2.65%0.67%0.82%0.59%0.40%0.96%

Monthly Dividends

The table displays the monthly dividend distributions for Thornburg Global Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$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$0.73$0.73
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.45$0.45
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.59$0.59
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.09
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.18
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.65$0.65
2017$0.00$0.00$0.03$0.00$0.00$0.06$0.00$0.00$0.02$0.00$0.00$0.10$0.21
2016$0.00$0.00$0.00$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.08$0.22
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.15$0.15
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.00$0.00$0.02$0.10
2013$0.13$0.00$0.00$0.08$0.21

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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.41%
-0.53%
THOIX (Thornburg Global Opportunities Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Thornburg Global Opportunities 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 Global Opportunities Fund was 65.54%, occurring on Mar 9, 2009. Recovery took 1046 trading sessions.

The current Thornburg Global Opportunities Fund drawdown is 7.41%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-65.54%Nov 1, 2007338Mar 9, 20091046May 6, 20131384
-35.75%Jan 29, 2018541Mar 23, 2020103Aug 18, 2020644
-31.04%Oct 21, 2021237Sep 29, 2022446Jul 11, 2024683
-22.56%May 29, 2015179Feb 11, 2016275Mar 16, 2017454
-12.16%Jul 24, 200718Aug 16, 200722Sep 18, 200740

Volatility

Volatility Chart

The current Thornburg Global Opportunities Fund volatility is 3.56%, 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.56%
3.97%
THOIX (Thornburg Global Opportunities Fund)
Benchmark (^GSPC)