THOCX Fees and Costs — Thornburg Global Opportunities Fund, Class C
Data updated: 2026-08-24
The net expense ratio is 2.16%: a 0.83% management fee, a 1.00% 12b-1 fee plus 0.33% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $430K in broker commissions, 0.0329% of average net assets, and portfolio turnover was 15%.
THOCX Fees and Expenses
Annual operating expenses and sales charges of THOCX. Prospectus, as of January 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.83% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.33% |
| Gross expense ratio | 2.16% |
| Fee waiver | — |
| Net expense ratio | 2.16% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
THOCX Costs Over Time
On $10,000 invested in THOCX, assuming 5% a year before costs, total costs come to $1,339 over 5 years, cutting the return by 2.30% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 2.16%) | $227 | $699 | $1,197 |
| Trading costs (broker commissions) | $3 | $11 | $18 |
| Lost growth on money paid in costs | $0 | $35 | $124 |
| Total costs | $333 | $745 | $1,339 |
| Value after costs | $10,167 | $10,831 | $11,423 |
| Impact on return, per year | 3.33% | 2.30% | 2.30% |
THOCX 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): 0.0329%
- Total broker commissions: $430K
- Bought from dealers (principal trades, not a cost): $455.7M
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
THOCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $79K | 22.94% |
| J.P. Morgan Securities LLC | $54K | 15.66% |
| BofA Securities, Inc. | $50K | 14.52% |
| HSBC Securities (USA) Inc. | $37K | 10.70% |
| Morgan Stanley & Co. LLC | $29K | 8.60% |
| BNP Paribas Securities Corp. | $28K | 8.19% |
| Nomura Securities International, Inc. | $25K | 7.20% |
| Goldman Sachs & Co. LLC | $18K | 5.14% |
| UBS Securities LLC | $14K | 4.00% |
| BNY Capital Markets, LLC | $10K | 3.05% |
THOCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $455.7M | 100.00% |
Thornburg Global Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| THOGX | Class R6 | 0.89% | none |
| THOFX | Class R5 | 0.99% | none |
| THOIX | Class I | 0.99% | none |
| THOVX | Class R4 | 1.24% | none |
| THOAX | Class A | 1.33% | 4.50% |
| THORX | Class R3 | 1.49% | none |
| THOCX | Class C | 2.16% | 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.