Thornburg Global Opportunities Fund Class R3
THORX
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 - Global
- Address
- 2300 North Ridgetop Road Santa Fe NM United States of America 87506-8361
- IPO Date
- Feb 1, 2008
- CIK
- 0000816153
- Website
- thornburg.com
- Similar Companies
- Business
- Thornburg Global Opportunities Fund Class R3 (THORX) is an open-end mutual fund that seeks long-term capital appreciation through a focused portfolio of global equity securities, emphasizing undervalued large-cap stocks across developed and emerging markets worldwide. The fund invests primarily in common stocks of companies domiciled anywhere in the world, with significant allocations to non-U.S. stocks (approximately 63%), U.S. stocks (34%), and cash equivalents (2-3%); key sectors include communication services, financial services, consumer cyclical, technology, and energy, featuring top holdings such as Alphabet Inc., Meta Platforms Inc., Citigroup Inc., Orange SA, and BNP Paribas SA. Managed by Brian McMahon since 2006 and Miguel Oleaga since 2020, it maintains a Morningstar category of Global Large-Stock Blend, with a net expense ratio of 1.50%, daily pricing, and availability to U.S. investors through various share classes. Launched on February 1, 2008, as part of Thornburg Investment Management's offerings, the fund operates from the firm's U.S. headquarters in Santa Fe, New Mexico, with additional global offices in London and Hong Kong to support international operations. Thornburg Investment Management, founded in 1982 as a privately held global investment firm overseeing approximately $51 billion in client assets as of August 2025, provides active strategies in equities, fixed income, multi-asset, and alternatives through mutual funds, ETFs, UCITS funds, and separate accounts targeting institutions, financial professionals, and individual investors. Recent developments include Thornburg's launch of its first exchange-traded funds in January 2025, comprising the Thornburg International Equity ETF (TXUE) and Thornburg International Growth ETF (TXUG), followed by two fixed income ETFs in February 2025 to expand its active ETF lineup amid over $80 million in early inflows. In July 2025, the firm formed a private credit joint venture with Bow River Capital to offer flexible solutions for lower- and middle-market businesses, leveraging Thornburg's fixed income expertise and Bow River's private credit sourcing. Additionally, Thornburg announced strategic enhancements to its UCITS fund range in July 2025 and maintains ongoing portfolio adjustments, such as Q1 2025 commentary highlighting global equity positioning.