4 / 5 Stars
5 5 1 4 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#13 in Diversified Emerging Mkts
U.S. News evaluated 213 Diversified Emerging Mkts Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 16.17 percent over the past year, and 6.72 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.4%|
|3 Years (Annualized)||6.7%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of assets in equity securities and debt obligations of developing country issuers. It expects that investments in the fund's portfolio normally will be weighted in favor of equity securities. The investment in debt obligations may include, but is not limited to, those of sovereign and corporate issuers. It may purchase debt obligations of any maturity and quality. The fund may invest in debt obligations which have a combination of equity and debt characteristics. It may invest in issuers of any size of capitalization, including small companies.
Fees are Low compared to funds in the same category.
Thornburg Developing World Fund has an expense ratio of 1.48 percent.
Risk is Average compared to funds in the same category according to Morningstar.