Thornburg International Equity ETF

Frequently Asked Questions About TXUE

What does TXUE invest in?

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.

What is the expense ratio of TXUE?

Thornburg International Equity ETF (TXUE) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TXUE?

Thornburg International Equity ETF (TXUE) manages $251.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is TXUE actively managed or an index fund?

TXUE's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was TXUE launched?

Thornburg International Equity ETF (TXUE) launched in January 2025 and is managed by Thornburg.

How has TXUE performed?

TXUE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.