Key stats
About Thornburg International Equity ETF
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Inception date
Jan 21, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Thornburg Investment Management, Inc.
Distributor
ALPS Distributors, Inc.
Identifiers
3
ISIN US88521L3069
TXUE opportunistically constructs a portfolio of 50-55 non-US large-cap issuers across sectors and developed markets. Investments consist of basic value stocks, consistent earners, and emerging franchises. The objective is to optimize risk-adjusted returns by identifying undervalued companies with strong fundamentals, including those mispriced due to unfavorable market perceptions or industry-specific challenges. Positions are based on bottom-up fundamental analysis of company-specific factors, complemented by macroeconomic insights on interest rates, inflation, and geopolitical trends. While predominantly focused on large-cap stocks, the fund may invest across all capitalizations. The fund may use derivatives, such as currency forwards, to hedge foreign currency exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Utilities
Health Technology
Stocks94.70%
Finance17.05%
Producer Manufacturing12.67%
Utilities11.04%
Health Technology10.46%
Electronic Technology9.11%
Energy Minerals4.40%
Communications4.20%
Transportation4.19%
Consumer Non-Durables4.11%
Process Industries3.31%
Consumer Services3.23%
Industrial Services2.50%
Technology Services2.00%
Distribution Services1.91%
Retail Trade1.79%
Consumer Durables1.72%
Non-Energy Minerals1.01%
Bonds, Cash & Other5.30%
Mutual fund5.30%
Cash0.00%
Stock breakdown by region
Europe74.21%
Asia20.08%
North America5.71%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TXUE invests in stocks. The fund's major sectors are Finance, with 17.05% stocks, and Producer Manufacturing, with 12.67% of the basket. The assets are mostly located in the Europe region.
TXUE assets under management is 331.93 M USD. It's risen 7.87% over the last month.
TXUE fund flows account for 205.71 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TXUE pays dividends to its holders with the dividend yield of 1.01%. The last dividend (Dec 19, 2025) amounted to 0.34 USD. The dividends are paid annually.
TXUE shares are issued by Thornburg Investment Management, Inc. under the brand Thornburg. The ETF was launched on Jan 21, 2025, and its management style is Active.
TXUE expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
TXUE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TXUE invests in stocks.
TXUE price has risen by 5.07% over the last month, and its yearly performance shows a 32.67% increase. See more dynamics on TXUE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.16% over the last month, showed a 10.98% increase in three-month performance and has increased by 6.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.16% over the last month, showed a 10.98% increase in three-month performance and has increased by 6.41% in a year.
TXUE trades at a premium (0.76%) meaning the ETF is trading at a higher price than the calculated NAV.