Thornburg Celebrates the 20th Anniversary of Thornburg Global Opportunities Fund
Rhea-AI Summary
Thornburg Investment Management, a global investment firm with $60 billion in assets, is celebrating the 20th anniversary of the Thornburg Global Opportunities Fund (THOIX). The $1.8 billion global equity strategy has followed a disciplined, long-term approach since its 2006 inception.
As of June 30, 2026, the fund has generated an annualized return of 11.44%, outperforming the MSCI ACWI Index by 301 basis points per year. It ranks in Morningstar's top quartile over 1-, 3-, 5-, and 10-year periods and holds an overall 5-star Morningstar Rating for class I shares.
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- Annualized return 11.44% since 2006, beating MSCI ACWI by 301 bps annually
- $1.8 billion strategy size in Thornburg Global Opportunities Fund
- Top-quartile Morningstar ranking over 1-, 3-, 5-, and 10-year periods as of June 30, 2026
- Overall 5-star Morningstar Rating for class I shares in Global Large-Stock Blend category
- Thornburg assets under management $60 billion, indicating sizable institutional scale
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- The
$1.8 billion
Since its inception in 2006, the Fund has navigated some of the most consequential market environments in modern history, including the global financial crisis, the Covid-19 pandemic, inflationary pressures, and today's AI-driven investment landscape, while remaining steadfast in its investment philosophy.
The Fund is managed by Chief Investment Strategist Brian McMahon and Portfolio Manager Miguel Oleaga, who remain focused on identifying quality businesses with durable competitive advantages at attractive valuations, with the goal of delivering long-term value for clients.
The disciplined approach has enabled the
- Generated an annualized return of
11.44% since inception, outperforming the MSCI ACWI Index by 301 basis points annually. For the most recent quarter-end performance, click here. - Ranked in Morningstar's top quartile over the 1-, 3-, 5-, and 10-year periods among 324, 293, 287, and 211 funds, respectively, in the Global Large-Stock Blend category based on total returns before sales charges and as of June 30, 2026, reflecting the value of patient, active management and a disciplined investment process.
- Received an overall 5-star Morningstar Rating™ out of 293 Global Large-Stock Blend funds, based on risk-adjusted returns for class I shares, using a weighted average of the funds three-, five-, and ten-year ratings: respectively, 5 stars, 5 stars and 4 stars among 293, 287 and 211 funds.
"We've always believed that long-term investment success comes from owning exceptional businesses, maintaining valuation discipline, and thinking beyond the next quarter. While market conditions evolve, those principles have continued to guide every investment decision we make on behalf of our clients," said Mr. Oleaga. "Our clients' trust over the past two decades has made this milestone possible, and we remain committed to earning that trust every day."
As it enters its third decade, the Thornburg Global Opportunities Fund continues to pursue investment opportunities across global equity markets, seeking businesses capable of creating long-term value regardless of geography, sector or market environment.
About Thornburg
Thornburg Investment Management ("Thornburg") is an active, high-conviction manager of equities, fixed income, multi-asset and alternative solutions. As a privately owned firm with
Media Inquiries
Michael Corrao
Director of Global Communications
Thornburg Investment Management
Tel: +1 505 467 5345
Email: mcorrao@thornburg.com
Important Information
Before investing, carefully consider the Fund's investment goals, risks, charges, and expenses. For a prospectus or summary prospectus containing this and other information, contact your financial advisor or visit thornburg.com. Read them carefully before investing.
Investments carry risks, including possible loss of principal. Additional risks may be associated with investments outside the United States, especially in emerging markets, including currency fluctuations, illiquidity, volatility, and political and economic risks. Investments in small- and mid-capitalization companies may increase the risk of greater price fluctuations. Investments in the Fund are not FDIC insured, nor are they bank deposits or guaranteed by a bank or any other entity.
The performance of any index is not indicative of the performance of any particular investment. Unless otherwise noted, index returns reflect the reinvestment of income dividends and capital gains, if any, but do not reflect fees, brokerage commissions or other expenses of investing. Investors may not make direct investments into any index.
Diversification does not assure or guarantee better performance and cannot eliminate the risk of investment losses.
There is no guarantee that the Fund will meet its investment objectives.
To determine a fund's Morningstar Rating™, funds and other managed products with at least a three-year history are ranked in their categories by their Morningstar Risk-Adjusted Return scores. The top
© 2026 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Please see our glossary for a definition of terms.
Thornburg mutual funds are distributed by Thornburg Securities LLC.
Thornburg Investment Management, Inc. mutual funds are sold through investment professionals including investment advisors, brokerage firms, bank trust departments, trust companies and certain other financial intermediaries. Thornburg Securities LLC (TSL) does not act as broker of record for investors.
1 Includes
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SOURCE Thornburg Investment Management