Thornburg International Value I  TGVIX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Foreign Large Blend Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Large
   Growth
  
  
As of 2009-09-30
Day Change
$ -0.04
  
NAV (2009-11-10)
$ 25.55
  
YTD Return % (2009-11-10)
32.92%
  
Total Assets ($ mil)
16,701
View Data Definitions
  Performance    
Growth of $10,000 Fund: Thornburg International Value I
(from 2001-03-30 to 2009-10-31) Category: Foreign Large Blend
Index: MSCI EAFE NR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 2001-03-30 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-10
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 31.20 50.95 1.11 9.10 --- 8.63
+/- Category 6.73 25.91 7.05 4.53 --- ---
+/- MSCI EAFE NR USD 1.59 -1.73 5.86 4.84 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 27.04 2.46 1.62 9.82 --- 8.72
Month-End (as of 2009-10-31) 27.04 26.08 0.42 9.38 --- 8.63
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 25.44 -0.86 8.29 --- ---
On Distribution & Sale of Shares --- 16.89 -0.09 7.71 --- ---
Morningstar Rating --- --- --- ---
# of compared funds covered (3 yrs : out of 600 funds), (5 yrs : out of 466 funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is 1.00%.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 16.73
Software 3.49
Hardware 1.49
Media 4.45
Telecommunications 7.29
Service 47.11
Healthcare 12.89
Consumer Services 7.38
Business Services 2.21
Financial Services 24.64
Manufacturing 36.16
Consumer Goods 15.52
Industrial Materials 11.06
Energy 7.33
Utilities 2.25
Asset Allocation
% of Net Assets
Cash 2.1
Stocks 96.6
Bonds 1.2
Other 0.0
Foreign Stocks 92.1
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 66 Turnover % 27
Total Number of Bond Holdings 8 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 24.28 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector Country % of Net
Assets
Teva Pharmaceutical Industries, Ltd. ADR Israel 3.10
National Bank of Greece Greece 2.58
Industrial And Commercial Bank Of China Limited China 2.46
Novo Nordisk A/S Denmark 2.39
LVMH Moet Hennessy Louis Vuitton France 2.37
Komatsu Ltd. Japan 2.35
Axa France 2.33
Hong Kong Exchanges Hong Kong 2.29
Petroleo Brasileiro S.A. ADR Brazil 2.22
Standard Chartered PLC United Kingdom 2.19
Data through 2009-09-30
  Other Information
Fund Inception: 2001-03-30
Portfolio Manager  (Start Date)
William V. Fries  (1998-05-28)
Fries is a managing director and co-portfolio manager of the Thornburg International Value Fund and the Thornburg Value Fund. He joined Thornburg in 1995 as managing director and founding portfolio manager of the Thornburg Value Fund. In 1998, he also founded the Thornburg International Value Fund. For his work with this fund, he was named Morningstar’s International Fund Manager of the Year for 2003. Fries was also recognized with the Excellence in Fund Management Award by Business Week magazine and Standard & Poor's in 2004 and 2005 for Thornburg Value Fund and in 2006 for Thornburg International Value Fund.
Wendy Trevisani  (2006-02-01)
Trevisani is a managing director and portfolio manager with Thornburg Investment Management, her employer since March 1999. Previously, she served as an institutional sales representative for Solomon Smith Barney in both New York and London.
Lei Wang  (2006-02-01)
Wang joined Thornburg Investment Management in 2004 as an associate portfolio manager. Prior to joining Thornburg, he served as a research analyst at Enso Capital Management LLC in New York City. Wang has also worked as a Financial Associate at Deutsche Bank in both London and New York City. Previously, he was an analyst with The People's Bank of China (China's central bank) in Shanghai, China. Wang holds the Chartered Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-02-01)
Front: None
Deferred: None
Expense Ratio % 0.89
based on net assets
(taken from annual report dated 2008-09-30)
Correspondence Information
2300 North Ridgetop Road

Santa Fe,  NM  87506-8361
Telephone:
800-847-0200
505-984-0200
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.