Thornburg Better World International Fund Class A (TBWAX)

The fund principally allocates its capital to a diverse array of international equities, which can include common stocks and their associated depositary receipts. The investment manager employs a strategy that meticulously combines in-depth fundamental analysis of potential holdings with a comprehensive assessment of crucial Environmental, Social, and Governance (ESG) factors. Thornburg defines these as ESG characteristics that hold the potential to materially influence a company's risk-return dynamics and its sustained financial performance. To achieve its objectives, the fund retains the flexibility to invest in a variety of equity instruments, such as common shares, preferred shares, and publicly traded real estate investment trusts.