TBWCX — Thornburg Better World International Fund
Data updated: 2026-08-24
TBWCX — Thornburg Better World International Fund. Holdings, fees, performance and SEC filings.
TBWCX Fund Overview
TBWCX — Thornburg Better World International Fund is a US mutual fund managed by Thornburg Investment Trust, categorised as Developed ex-US Large Cap Blend / Core Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Thornburg Investment Trust
- Category: Developed ex-US Large Cap Blend / Core Information Technology Equity
- Assets under management: $463.40M
- 1-year return: 9.2%
- Ticker: TBWCX
- SEC CIK: 0000816153
- SEC series ID: S000050704
- Share class ID: C000160137
TBWCX Holdings
Top 10 holdings of Thornburg Better World International Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 4.40% |
| BNP Paribas SA | 4.20% |
| Iberdrola SA | 3.75% |
| Schneider Electric SE | 3.73% |
| Endesa SA | 3.70% |
| Thornburg Capital Management Fund | 3.51% |
| ING Groep NV | 3.50% |
| Mitsubishi UFJ Financial Group Inc | 3.46% |
| Enel SpA | 3.31% |
| ABB Ltd | 3.26% |
TBWCX Portfolio Allocation
Asset-class allocation of Thornburg Better World International Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
TBWCX Performance
Total returns for TBWCX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.4% |
| 1 year | 9.2% |
| 3 years (annualised) | 9.9% |
| 5 years (annualised) | 3.0% |
TBWCX Risk Information
Risk metrics for TBWCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.5%
TBWCX Costs and Fees
TBWCX costs about $195 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.95%
- Gross expense ratio: 2.62%
- Portfolio turnover: 39%
- Brokerage commissions: 9.81 bps of average net assets (SEC N-CEN)
TBWCX Cashflows
Over the 12 months to 2026-06, Thornburg Better World International Fund had net outflows of $95.89M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$5.36M |
| 2026-05 | −$5.37M |
| 2026-04 | −$26.06M |
| 2026-03 | −$6.57M |
| 2026-02 | −$6.30M |
| 2026-01 | $4.15M |
TBWCX Debt Constituents
No individual debt constituents are reported in Thornburg Better World International Fund's latest SEC N-PORT filing.
TBWCX Prospectus and SEC Filings
Official Thornburg Better World International Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-28
- Prospectus (485BPOS) — filed 2026-01-27
- Prospectus supplement (497) — filed 2025-01-31
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-20
- Annual census (N-CEN) — filed 2025-12-02
- Annual census (N-CEN) — filed 2024-12-02
Related Funds
Other Developed ex-US Large Cap Blend / Core Information Technology Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.