THMGX Performance — Thornburg Emerging Markets Managed Account Fund, Class SMA
Data updated: 2026-08-24
THMGX returned +26.75% year to date and +30.28% over one year to Jun 2026. Over one year the fund trailed its Emerging Markets Equity category average: $100 grew to $130, against $141 for the category. Volatility over the past 12 months was 20.62% a year. In the 12 months to Jun 2026 the fund took in a net $65K, and assets reached $1.50M.
THMGX Growth of $100
What $100 invested in Thornburg Emerging Markets Managed Account Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | THMGX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $130 | $141 |
| Since data start (Oct 2023 – Jun 2026) | $146 | $184 |
THMGX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +26.75% |
| 1 year | +30.28% |
| 3 years (annualised) | +14.70% |
THMGX Annual Returns
Calendar-year total returns of Thornburg Emerging Markets Managed Account Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +26.75% |
| 2025 | +12.21% |
| 2024 | −0.71% |
| 2023 (Oct–Dec) | +3.26% |
THMGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.2% | +5.2% | −9.5% | +12.3% | +11.3% | +1.2% | — | — | — | — | — | — |
| 2025 | −3.5% | −1.4% | +2.2% | +5.5% | +2.8% | +3.4% | 0.0% | −2.0% | +0.7% | +1.8% | −2.2% | +4.6% |
| 2024 | −6.1% | +5.9% | +2.6% | −3.0% | +1.1% | +4.1% | −0.8% | 0.0% | 0.0% | −2.8% | −1.9% | +0.9% |
| 2023 | — | — | — | — | — | — | — | — | — | −6.4% | +5.9% | +4.2% |
THMGX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 20.62%
- Best month: +12.30% (Apr 2026)
- Worst month: −9.48% (Mar 2026)
THMGX Fund Flows
Monthly money in and out of Thornburg Emerging Markets Managed Account Fund, from SEC Form N-PORT.
- 12-month net flow: $65K
- 12-month gross sales (incl. reinvestments): $65K
- Sales ÷ redemptions: 32684.51×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $23K | $0 | $23K |
| Nov 2025 | $42K | $0 | $42K |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $2 | −$2 |
THMGX Assets Under Management
Net assets of Thornburg Emerging Markets Managed Account Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.50M |
| 2026-03-31 | $1.18M |
| 2025-12-31 | $1.18M |
| 2025-09-30 | $1.13M |
| 2025-06-30 | $1.15M |
| 2025-03-31 | $1.02M |
| 2024-12-31 | $1.05M |
| 2024-09-30 | $1.09M |
| 2024-06-30 | $1.44M |
| 2024-03-31 | $1.40M |
| 2023-12-31 | $1.40M |
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.