Thornburg International Equity Fund
TGVRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2300 North Ridgetop Road Santa Fe NM United States of America 87506-8361
- IPO Date
- Jun 30, 2003
- CIK
- 0000816153
- Website
- thornburg.com
- Similar Companies
- Business
- Thornburg International Equity Fund (TGVRX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. companies, with a focus on large- and mid-capitalization firms domiciled or conducting significant business in developed and emerging markets outside the United States. The fund employs a fundamental, bottom-up investment approach, emphasizing high-quality companies with sustainable competitive advantages, strong balance sheets, and attractive valuations; it maintains a diversified portfolio typically comprising 40 to 80 holdings across sectors such as consumer discretionary, financials, industrials, information technology, and health care. Managed by Thornburg Investment Management, Inc., the fund offers daily liquidity, professional portfolio management, and risk controls including limits on individual position sizes and sector exposures. Established as part of Thornburg Investment Management's suite of funds since the firm's founding in 1982 and headquartered in Santa Fe, New Mexico, TGVRX targets institutional and retail investors seeking international equity exposure with lower volatility relative to broader global benchmarks like the MSCI ACWI ex USA Index. The fund operates globally, with investments spanning Europe, Asia-Pacific, Latin America, and other emerging regions, while adhering to U.S. regulatory standards under the Investment Company Act of 1940. It is distributed through financial intermediaries and available on major platforms, serving high-net-worth individuals, financial advisors, and retirement plans. In recent developments, Thornburg Investment Management announced strategic enhancements to its international equity strategies in 2024, including the integration of ESG factors into portfolio construction for TGVRX to align with evolving investor preferences amid heightened focus on sustainability; the firm also expanded its investment team with key hires experienced in emerging markets analysis. No major acquisitions, funding rounds, or name changes have occurred for the fund or its manager within the last two years, though Thornburg continued to emphasize disciplined risk management amid global market volatility driven by geopolitical tensions and interest rate shifts. These updates reflect the firm's ongoing commitment to adaptive, research-driven management.