TXUE

Thornburg International Equity ETF

$30.87
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Thornburg International Equity ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of international equities.

Overview

ETF tracking Thornburg International Equity ETF

Issuer Other
Inception Date 2025-01-22
Market Cap $238.3M
Average Volume N/A
Dividend Yield N/A
52-Week Range $23.78 - $31.17
VWAP $30.88

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Thornburg International Equity ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of international equities.

🎯 Investment Strategy

The fund invests primarily in the common stocks of companies located outside the United States, including both developed and emerging markets. The portfolio manager uses a bottom-up, fundamental research approach to identify high-quality companies trading at attractive valuations.

✨ Key Features

  • Broad international equity exposure across developed and emerging markets
  • Actively managed portfolio focused on high-quality, undervalued companies
  • Potential for long-term capital growth through exposure to international markets
  • Relatively low expense ratio compared to many actively managed international funds

⚠️ Primary Risks

  • Exposure to foreign markets, which may be subject to greater political, economic, and currency risks
  • Potential for higher volatility compared to domestic equity funds due to international diversification
  • Reliance on the portfolio manager's ability to identify undervalued companies and make effective investment decisions
  • Lack of performance history and assets under management, which may impact liquidity and trading efficiency

👤 Best For

The Thornburg International Equity ETF may be suitable for long-term investors seeking exposure to international equities as part of a diversified portfolio. It may be particularly appealing to investors who prefer an actively managed approach and are willing to accept the higher potential for volatility in exchange for the opportunity to outperform broader international market indexes.