Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), NVIDIA Corp (NASDAQ:NVDA), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), VISA (NYSE:V), AT&T (NYSE:T).
Industry description
The investment seeks to grow real wealth over time.
The fund's investments are expected to emphasize long positions in equity securities and fixed income obligations, though the fund may also invest a significant amount of its assets in short positions. There are no specific percentage limitations on the amount of the fund's portfolio that may be invested in a particular asset class, and the proportions of the fund's assets that are invested in the respective asset classes are expected to vary over time and from time to time depending upon Thornburg's perceptions of which types of investments represent better values and opportunities.
Market Cap
The average market capitalization across the Thornburg Summit I MF is 1.69T. The market cap for tickers in the group ranges from 125.89B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is T at 125.89B.
Volume
The average weekly volume growth across all stocks in the Thornburg Summit I MF was -23%. For the same stocks of the MF, the average monthly volume growth was 15% and the average quarterly volume growth was 37%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 57
P/E Growth Rating: 62
Price Growth Rating: 50
SMR Rating: 32
Profit Risk Rating: 21
Seasonality Score: -3 (-100 ... +100)