Thornburg International Growth Fund ETF (TXUG)

The Thornburg International Growth Fund ETF is an actively managed fund from Thornburg Investment Management of Santa Fe, New Mexico. It invests primarily in stocks of companies outside the United States that the managers believe offer strong growth potential.

The portfolio is built through fundamental research, favoring companies with expanding revenues and earnings, competitive advantages and reinvestment opportunities. It may hold companies in both developed and emerging markets, and its sector and country mix is determined by stock selection rather than an index.

The fund offers growth-oriented international equity exposure in an exchange-traded format.