•  
    Collaborative Process Key for Thornburg
    September 2017 [OUR FIRMJASON BRADY, CFAFROM OUR PERSPECTIVE]

    CEO Jason Brady and Morningstar’s Russell Kinnel talk about active management vs. passive investing, the advantages of having a collaborative investment team under the same roof, and why Santa Fe is ideal headquarters for an investment management firm.

  • Thornburg CEO Sees Telecom, Financials as Attractive
    September 2017 [INVESTMENT INCOME BUILDERJASON BRADY, CFAHOW WE INVEST]

    CEO Jason Brady likes Telecom and Financials, but Brady says you have to look at each name from a bottom-up sense.



  • Opportunities in International Investing
    August 2017 [Sean Sun, CFADi Zhou, CFABrian Burrell, CFAFrom the Floor]

    Attractive conditions in overseas markets continue to spark opportunities for active investors, according to several international growth, value and ESG investment team members.



  • Do Bank Loans Deliver vs. High Yield When Rates Rise?
    August 2017 [CHRISTIAN HOFFMANN, CFAFROM THE FLOOR]

    If recent history is any guide, not necessarily. Downside protection from bank loans hasn’t been materially better than that of high yield, either.



  • View from the Global Fixed Income Team
    August 2017 [JEFF KLINGELHOFER, CFAFROM OUR PERSPECTIVE]

    Portfolio manager Jeff Klingelhofer discusses some of the most salient macro issues facing investors today.



  • The Real Risk is No Perceived Risk
    June 2017 [JEFF KLINGELHOFER, CFAFROM THE FLOOR]

    Stocks up, bonds up. Will our current goldilocks scenario hold, or are investors sowing the seeds of future disappointment? Global fixed income portfolio manager Jeff Klingelhofer, CFA, offers his unique take on the current divergence between equity and bond markets and future implications for market participants.



  • Opportunities in European Investing
    July 2017 [International Investing, Di Zhou, CFA, ]

    Portfolio Manager Di Zhou discusses how investing in European markets can be opportunistic in this current environment and explains why the ECB continues to have a much easier monetary policy than the U.S. Fed. Di also shares which sectors she favors in Europe and discusses the recent inclusion of China's A shares in MSCI Indices.

  • The Role of Net Exposure in Long/Short Liquid Alts
    May 2017 [CONNOR BROWNE, CFAFROM THE FLOOR]

    As investors look to alternative investments, Long/Short mutual funds and hedge funds are certainly two worth considering. But what should you know before investing? Connor Browne, portfolio manager for the Thornburg Long/Short Equity Fund, compares the two strategies and offers his insights.



  • Federal Stimulus and Infrastructure Spending - Good News for Munis?
    April 2017 [Nicholos Venditti, CFA , From the Floor]

    The Trump administration’s proposal to drastically increase infrastructure spending over the next 10 years seems like a good thing for muni investors, but is it? Nick Venditti discusses the implications for investors with increased bond supply and possible public-private partnerships needed to pull off the $1 trillion infrastructure price tag.

  • Interest Rates vs. Credit Risk in Bond Investing
    May 2017 [Lon Erickson, CFA , From the Floor]

    As the Federal Reserve looks to increase the pace of its rate hikes, investors are rightly focused on the negative impact higher US Treasury rates might have on their fixed income portfolio. Portfolio Manager Lon Erickson walks us through the implications of interest rate and credit risk.

  • Rising Rates Provide Opportunity for Multi-Sector Bond Strategies
    January 2017 [Bond Funds, Lon Erickson, CFA, , From Our Perspective]

    Portfolio Manager Lon Erickson shares his thoughts on the bond bubble and rising U.S. treasury yields. He also discusses the expected Fed rate hikes in 2017 and where to invest in the current climate on Asset TV’s 2017 outlook with special guest host, Liz Claman.

  • Actively Managed. Structured for Excellence
    June 2016 [About UsCapabilities]
    Far from the groupthink of Wall Street, Thornburg offers a broader view of the financial landscape. We have a disciplined approach to portfolio construction, a flexible perspective that crosses boundaries, and an adherence to access and transparency. We believe this helps investors reach their long-term goals.


  • Looking for Dividends? Go Global
    October 2016 [Investment Income Builder Fund, Matt Burdett , How We Invest]

    Associate Portfolio Manager Matt Burdett on the importance of dividend-paying stocks and why, given today’s environment, the best place to look for valuable dividend-paying stocks is outside the U.S.

  • Why EM and Our Active Approach
    October 2016 [Developing World Fund, Charles Wilson, PhD , How We Invest]
    Thornburg’s active investment approach to emerging markets takes a broad look, beyond just the benchmark, and invests in companies benefiting from the trends driving those markets, while steering clear of the pitfalls. EM portfolio manager Charlie Wilson walks us through it.
  • A Distinctive Approach to Emerging Markets Investing
    July 2016 [Developing World Fund, Ben Kirby, CFA, Charles Wilson, PhD , How We Invest]
    Thornburg Developing World strategy is an active investment portfolio that utilizes a flexible, bottom-up research process to uncover the best investment opportunities in the emerging markets. In this video, Portfolio Managers Ben Kirby and Charlie Wilson discuss their approach to emerging market investing.
  • Active Bond Laddering: A Thornburg Tradition
    March 2016 [Bond Funds, Christopher Ryon, CFA , How We Invest]
    Portfolio Manager Chris Ryon outlines Thornburg’s tradition of “laddering” in its core fixed income strategies. Whether interest rates rise or fall, Thornburg’s laddering approach helps diversify along a shifting yield curve and maximize returns.
  • Is It Active Management's Time to Shine?
    July 2015 [Active Share, Connor Browne, CFA , From The Floor]
    Truly active management is alive and well—Portfolio Manager Connor Browne highlights academic research indicating highly active managers at collaborative, fundamental research shops have outperformed.
  • Our Vision, Mission and Values
    [Our FirmGarrett ThornburgHow We Invest]

    Garrett Thornburg describes how our Vision, Mission and Values support our goals of excellence through continual improvement and adding value for our clients.



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 our literature center. Read them carefully before investing.

The performance data quoted represents past performance; it does not guarantee future results.

There is no guarantee that the Fund will meet its investment objectives.

The views expressed are subject to change and do not necessarily reflect the views of Thornburg Investment Management, Inc. This information should not be relied upon as a recommendation or investment advice and is not intended to predict the performance of any investment or market.

Any securities, sectors, or countries mentioned are for illustration purposes only. Holdings are subject to change. Under no circumstances does the information contained within represent a recommendation to buy or sell any security.

Please see our glossary for a definition of terms.

Thornburg mutual funds are distributed by Thornburg Securities Corporation.

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 Corporation (TSC) does not act as broker of record for investors.

Diversification does not assure or guarantee better performance and cannot eliminate the risk of investment losses.