Thornburg New Mutual Fund Money Managers
| THNIX Fund | USD 12.37 0.01 0.08% |
Break down of Thornburg New's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with Thornburg New's future under-performance.
| Christopher Ryon Executive Fund Manager |
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Thornburg |
Thornburg New Net Asset Comparison
Thornburg New Mexico is rated fourth largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni Single State Interm category is currently estimated at about 2 Billion. Thornburg New holds roughly 113 Million in net asset claiming about 6% of funds under Muni Single State Interm category.
Thornburg New Mexico Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Thornburg New Mexico Price Series Summation is a cross summation of Thornburg New price series and its benchmark/peer.
Thornburg New Stakeholder
| Christopher Ryon | Fund Manager | Profile |
About Thornburg New Management Performance
The success or failure of an entity such as Thornburg New Mexico often depends on how effective the management is. Thornburg New management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Thornburg management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Thornburg management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund pursues its primary goal by investing principally in a laddered maturity portfolio of municipal obligations issued by the State of New Mexico and its agencies, and by New Mexico local governments and their agencies. It is non-diversified.
Please note that past performance is not an indicator of the future performance of Thornburg New, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thornburg New Mexico. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.