Thornburg International Growth Fund ETF (TXUG US)
TXUG US$26.59
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 26.59
- Change
- ▲ 0.29 (1.10)
- Bid / Ask
- 26.58 - 26.65
- Volume
- 8
- Turnover
- 21,716
- Open
- 26.59
- Day Range
- 26.59 - 26.59
- VWAP
- 27.77
- Prev Close
- 26.30
- Last Trade
- 28/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$4.1M
OCT 2026
Distributions
Monthly
Since inception
1.8 yrs
JAN 2025
- Legal name
- Thornburg International Growth ETF
- Issuer
- Thornburg
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Foreign Large Growth
- Category index
- MSCI ACWI Ex USA Growth NR USD
- Benchmark
- N/A
- ETF net assets
- $4.1M
- Units on issue
- 160,000
- Management fee
- 0.70% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 22 JAN 2025
- Listed
- 23 JAN 2025
Objective and strategy
The investment seeks long-term capital growth. The fund adviser expects to invest primarily in equity securities or depositary receipts of non-U.S. developed market issuers selected for their growth potential. Thornburg, the fund’s investment adviser, intends to invest in companies that the advisor believes have growth characteristics, such as growing revenues and earnings or the prospect for such growth in revenues or earnings. The fund can invest in companies of any size, from larger, well-established companies to smaller, emerging growth companies. It is non-diversified.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 17.91%Non-US equity 79.82%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 97.73 | 97.73 | — |
| Bond | 0.00 | 0.00 | — |
| Cash | 2.27 | 2.27 | — |
| Other | 0.00 | 0.00 | — |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 28.05%Sensitive 57.58%Defensive 14.37%
- Basic Materials
- 3.43%
- Consumer Cyclical
- 10.95%
- Financial Services
- 13.67%
- Real Estate
- 0.00%
- Communication Services
- 0.72%
- Energy
- 0.00%
- Industrials
- 18.57%
- Technology
- 38.29%
- Consumer Defensive
- 0.00%
- Healthcare
- 12.59%
- Utilities
- 1.78%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 96.34%Emerging markets 3.66%
- North America
- 22.83%
- Latin America
- 3.66%
- United Kingdom
- 12.30%
- Europe Developed
- 35.73%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 14.54%
- Australasia
- 0.00%
- Asia Developed
- 10.94%
- Asia Emerging
- 0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 18.32%
- Japan
- 14.54%
- Netherlands
- 13.33%
- United Kingdom
- 12.30%
- Germany
- 7.43%
- France
- 7.38%
- Taiwan
- 6.29%
- Canada
- 4.51%
- Brazil
- 3.66%
- Switzerland
- 3.54%
- Italy
- 3.33%
- South Korea
- 2.76%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Large Growth
- Average moat
- Wide
Size score
305
Small
Mid
Large
Value-growth score
289
Value
Blend
Growth
Economic moat
Wide 65%Narrow 28%None 7%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 46.38%
- Large
- 35.38%
- Mid
- 16.15%
- Small
- 2.10%
- Micro
- 0.00%
Giant 46%Large 35%Mid 16%Small 2%
- Average market cap
- $113.23B
- Number of holdings
- 45
- Shares held
- 41
Portfolio statistics · 23 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 28.09
- Price / book
- 5.27
- Price / sales
- 4.59
- Price / cash flow
- 16.78
- Dividend yield
- 0.95%
- Assets in top 10
- 43.08%
- Return on equity
- 27.95%
- Net margin
- 22.28%
- Earnings growth (3 yr)
- 18.26%
Top holdings · top 10 = 42.81% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| ASML Holding NV ASML | 8.63 | JAN 2025 | 377,678 | EUR | 208 | Technology | Netherlands | |
| Taiwan Semiconductor Manufacturing Co Ltd 2330 | 5.93 | JAN 2025 | 259,812 | TWD | 3,351 | Technology | Taiwan | |
| Advanced Micro Devices Inc AMD | 5.00 | OCT 2025 | 218,725 | USD | 360 | Technology | United States | |
| Hoya Corp 7741 | 4.26 | JAN 2025 | 186,584 | JPY | 1,266 | Healthcare | Japan | |
| Rolls-Royce Holdings PLC RR. | 3.75 | NOV 2025 | 164,154 | GBP | 8,386 | Industrials | United Kingdom | |
| AstraZeneca PLC AZN | 3.20 | JAN 2025 | 139,907 | GBP | 852 | Healthcare | United Kingdom | |
| Air Liquide SA AI | 3.06 | JAN 2025 | 133,865 | EUR | 699 | Basic Materials | France | |
| Schneider Electric SE SU | 3.04 | MAR 2025 | 133,080 | EUR | 396 | Industrials | France | |
| Lonza Group Ltd LONN | 2.99 | JAN 2025 | 130,921 | CHF | 187 | Healthcare | Switzerland | |
| ASM International NV ASM | 2.96 | FEB 2025 | 129,434 | EUR | 129 | Technology | Netherlands |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-0.6
3M
-0.3
6M
17.5
YTD
12.1
1Y
7.8
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -0.58 | -2.47 | -0.52 | 7 / 382 |
| 3 months | -0.27 | 2.95 | -0.09 | 14 / 382 |
| 6 months | 17.46 | 14.27 | 17.88 | 7 / 380 |
| Year to date | 12.11 | 10.53 | 12.70 | 20 / 380 |
| 1 year | 7.76 | 6.33 | 8.52 | 50 / 374 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | -8.45 | — | — | — |
| Beta | 0.84 | — | — | — |
| R-squared | 78.66 | — | — | — |
| Standard deviation | 16.76 | — | — | — |
| Sharpe ratio | 0.30 | — | — | — |
| Sortino ratio | 0.47 | — | — | — |
| Tracking error | 8.27 | — | — | — |
| Information ratio | -1.48 | — | — | — |
| Upside capture % | 58.66 | — | — | — |
| Downside capture % | 82.31 | — | — | — |
| Maximum drawdown % | -8.91 | — | — | — |
Measured against MSCI ACWI Ex USA NR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
84.0
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Best quarter
- 11.95% · JUN 2025
- Worst quarter
- -4.89% · NOV 2025
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.70% p.a.
- PDS dated
- 30 DEC 2025
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.1250
- Ex Date
- 18 DEC 2025
- Record Date
- 18 DEC 2025
- Pay Date
- 19 DEC 2025
- NAV at ex date
- 24.21
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.1
| Year | Per unit ($) |
|---|---|
| 2024 | 0.1250 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 18 DEC 2025 | 0.1250 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
High
ESG risk score
16.63
Negligible
Low
Medium
High
Severe
Category average 18.57
- Rank in category
- 9th percentile of 8,750 funds
- Environmental risk
- 4.19
- Social risk
- 6.79
- Governance risk
- 4.01
- Portfolio covered
- 92.6%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 15.12%
- Low
- 55.47%
- Medium
- 26.35%
- High
- 3.06%
- Severe
- 0.00%
0.05% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
6.30
Low
Medium
High
Severe
Category average 7.32
- Carbon risk
- Low Risk
- Rank in category
- 6th percentile of 477 funds
- Fossil fuel involvement
- 2.35%
- Category average
- 6.07%
- Low Carbon Designation
- Yes
- Portfolio covered
- 90.0%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Sean Koung Sun
- Nicholas Anderson
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 2
- Average tenure
- 1.8 years
- Longest tenure
- 1.8 years
- Longest serving
- Sean Koung Sun, Nicholas Anderson · since 22 JAN 2025
- Most recent appointment
- Sean Koung Sun, Nicholas Anderson · since 22 JAN 2025
- Managed since
- 22 JAN 2025
- Other funds managed
- 6
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
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