THCHX Fees and Costs — Thornburg Core Plus Bond Fund, Class R3
Data updated: 2026-08-24
The net expense ratio is 1.00%: a 0.49% management fee, a 0.50% 12b-1 fee plus 5.61% other expenses, less a 5.60% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 33%.
THCHX Fees and Expenses
Annual operating expenses and sales charges of THCHX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.50% |
| Other expenses | 5.61% |
| Gross expense ratio | 6.60% |
| Fee waiver | −5.60% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
THCHX Costs Over Time
On $10,000 invested in THCHX, assuming 5% a year before costs, total costs come to $626 over 5 years, cutting the return by 1.05% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.00%) | $105 | $328 | $568 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $344 | $626 |
| Value after costs | $10,395 | $11,232 | $12,137 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
THCHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $190.8M
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
THCHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $96.9M | 61.32% |
| Citadel Securities LLC | $11.5M | 7.29% |
| Barclays Capital Inc. | $9.2M | 5.83% |
| Morgan Stanley & Co. LLC | $8.6M | 5.47% |
| Citigroup Global Markets Inc. | $8.2M | 5.19% |
| Goldman Sachs & Co. LLC | $5.2M | 3.27% |
| Stonex Financial Inc. | $5.1M | 3.22% |
| J.P. Morgan Securities LLC | $4.5M | 2.87% |
| BofA Securities, Inc. | $4.4M | 2.81% |
| Nomura Securities International, Inc. | $4.3M | 2.74% |
Thornburg Core Plus Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| THCFX | Class R5 | 0.50% | none |
| THCIX | Class I | 0.50% | none |
| THCSX | Class R6 | 0.50% | none |
| THCAX | Class A | 0.75% | 4.50% |
| THCEX | Class R4 | 0.75% | none |
| THCHX | Class R3 | 1.00% | none |
| THCCX | Class C | 1.50% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.