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Thornburg Global Equity Income Cl A

Ranked 14 out of 209 in - Global Equity Income over 12 months
All calculations are in USD unless stated

Managed by

Brian J. McMahon

Brian McMahon is chief executive officer and chief investment officer of Thornburg Investment Management and is responsible for the company’s overall investment activity. He is also portfolio manager of the Thornburg Investment Income Builder Strategy, the Global Opportunities Strategy and the Global Equity Income Strategy. Brian was named president of Thornburg Investment Management in 1997 and CEO in 2008. He was portfolio manager of Thornburg’s laddered municipal bond portfolios from their inception until 2000, and remains actively involved in securities analysis for other Thornburg portfolios. Brian holds an MBA from Dartmouth College’s Amos Tuck School and a BA in economics and Russian studies from the University of Virginia.

W. Vinson Walden

Vinson Walden is portfolio manager of the Thornburg Global Opportunities Strategy and the Global Equity Income Strategy. He joined the firm as associate portfolio manager in 2002 as a member of the management team for the Thornburg domestic and international strategies and was promoted to portfolio manager in 2006. Vinson is a CFA Charterholder and holds a BS from Boston University and an MBA from Columbia University.

Objective

The main investment objective of the Fund is to provide a level of current income which generally exceeds the average yield on U.S stocks. The secondary goal is long-term capital appreciation. The Fund seeks to achieve its objective through investing (under normal market conditions) at least 80% of its NAV in income producing securities, mainly Equities, subject to at least 75% of its NAV being invested in common stocks and no more than 10% of NAV invested in Debt Securities.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Global Equity Income over : 30/11/2016 - 30/11/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 6.4% 6.8% 4.2%
2016 11.6% 0.4% -2.4% 11.6% 2.0%
2015 1.8% 4.0% -0.1% -6.3% 4.6%
2014 3.0% 1.4% 3.2% -3.3% 1.8%
2013 19.9% 8.0% 0.0% 2.6% 8.2%
2012 6.6% 3.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2017

Top 10 Holdings

Stock Size
Aena SME SA ORD 5.78
Bellway PLC ORD 5.20
Colony NorthStar Inc ORD 4.70
Kraft Heinz Co ORD 4.24
Teekay LNG Partners LP 4.22
Hongkong and Shanghai Hotels Ltd ORD 3.96
easyJet plc ORD 3.26
Ryanair Holdings PLC ORD 3.22
CF Industries Holdings Inc ORD 3.07
Adient PLC ORD 2.97
30/06/2017

Registered For Sale In

  1. Ireland
  2. Switzerland
  3. United Kingdom

Fund Info

  • Launch date29/06/2012
  • Share Class size02Mn
  • Base currencyUSD
  • ISIN IE00B7LRGQ66

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).