Thornburg Global Opportunities Fund Class C

Thornburg Global Opportunities Fund Class C

THOCX
Thornburg Global Opportunities Fund Class CUS flagNASDAQ
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Business
Thornburg Global Opportunities Fund Class C (THOCX) is an open-end mutual fund managed by Thornburg Investment Management, Inc., a privately held global investment firm founded in 1982 and headquartered in Santa Fe, New Mexico. The fund seeks long-term capital appreciation through active, high-conviction investments in a diversified portfolio of global equities, including large-cap stocks across developed and emerging markets; it benchmarks performance against the MSCI ACWI Index and falls within the Morningstar Global Large-Stock Blend category. Thornburg Investment Management offers THOCX alongside other share classes such as Class I (THOIX), Class A (THOAX), and Class R6 (THOGX), with services encompassing mutual funds, closed-end funds, institutional separate accounts, high-net-worth separate accounts, ETFs, and UCITS funds for non-U.S. investors; the firm serves institutions, financial advisors, and individual investors worldwide from offices in Santa Fe, Hong Kong, and previously London and Shanghai. The fund maintains a portfolio with approximately 40-60 holdings, emphasizing companies with strong growth potential, attractive valuations, and solid balance sheets; key characteristics include a weighted average market cap exceeding that of its benchmark, forward P/E ratios reflecting growth orientation, and moderate annual turnover for tax efficiency. Portfolio managers, led by Brian McMahon since the strategy's inception in July 2006, employ a bottom-up fundamental approach focusing on global large-blend equities without rigid sector or geographic constraints. In September 2024, Thornburg Investment Management announced a strategic joint venture with Bow River Capital, an alternative asset manager, to launch private credit solutions targeting lower- and middle-market businesses in the Rocky Mountain West, Midwest, and Southwest U.S.; the partnership, combining Thornburg's fixed income expertise with Bow River's private credit track record, closed in the fourth quarter of 2024 and expands the firm's income-focused offerings beyond traditional mutual funds. This alliance supports Thornburg's broader multi-asset strategy amid growing demand for flexible financing amid bank lending constraints. As of late 2025, the firm oversees approximately $46 billion in client assets, reflecting sustained growth in its equity and income platforms.