Thornburg International Growth Fund ETF (TXUG)
Thornburg International Growth Fund ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Santa Fe, NM, US. The stock last traded at $28.22, up 0.77% on the session, giving a market capitalisation of $5.7M. Its beta of 0.81 implies it has historically moved less than the broad market.
The Thornburg International Growth Fund ETF (TXUG) is an actively managed investment vehicle dedicated to achieving substantial capital appreciation over the long term. Its strategy centers on identifying and investing in companies of diverse market capitalizations that display robust growth indicators, such as expanding revenues, increasing profitability, and strong future development prospects. The fund's holdings typically consist of 35 to 50 different entities, with a concentrated focus on developed economies situated outside of the United States. Investment selections are guided by a comprehensive assessment of various factors, including global and local economic trends, forecasts for financial markets, prevailing interest rate and inflationary environments, the dynamics of security supply and demand, and thorough analysis of specific issuers. To mitigate risks stemming from currency fluctuations, particularly exposure to the U.S. dollar or other foreign currencies, TXUG retains the option to employ derivative instruments, such as forward currency contracts.
Thornburg International Growth Fund ETF is most often compared with the following Financial Services names: