Building Real Wealth for Over 30 Years

Founded in 1982 and headquartered in Santa Fe, New Mexico, Thornburg Investment Management, Inc. advises a range of active investment strategies, each offered through multiple vehicles to serve a broad spectrum of client needs worldwide. Our goals are to provide attractive returns through active portfolio management and to help clients reach their long-term financial goals. From short-term fixed income to flexible global equity, we focus on the fundamentals, invest for the long term, and go wherever we see value. As of March 31, 2017, Thornburg Investment managed $48 billion in assets.

A Location That Contributes to Our Perspective

A single investment management headquarters at the southern tip of the Rocky Mountains in Santa Fe, New Mexico, far from the noise and groupthink of the major financial centers, allows us to apply our own distinct perspective to portfolio management — helping us build wealth for clients over the long term.

One Investment Team, One Location

Independent, Private Ownership

From the beginning, we have thrived under an independent, private ownership structure, to which we are firmly committed. Thirty-six of our 252 employees are also managing directors. Our private structure enables us to avoid being tied to providing short-term results to a corporate parent and allows us to focus on providing attractive investment returns to clients over the long term.

Organic Growth

Our first investment product was introduced in 1982 as the Daily Tax Free Income Fund. In 1984, Chief Investment Officer Brian McMahon joined the firm. Over the ensuing eight years, we introduced a series of conservatively managed, highly regarded laddered fixed-income strategies. We launched our first U.S. equity strategy in 1995. Our first global equity strategy began three years later in 1998. Additional equity strategies came over the next 15 years, as our investment capabilities grew. These included Investment Income Builder, Global Opportunities, Developing World, and others.

"While many companies have elected to expand their rosters at rapid clips or venture outside their core competencies, this employee-owned firm has developed its lineup in a responsible manner."

- Morningstar ("Thornburg Stands Out from the Crowd," January 2011)

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.

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

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.