Thornburg Launches Innovative Actively Managed ETF Share Classes to Expand Investment Options

Thornburg's Groundbreaking Launch of Actively Managed ETF Share Classes

Thornburg Investment Management, Inc., a seasoned global investment firm with $57 billion in assets under management as of March 31, 2026, has made a significant advancement in the investment landscape by launching two new actively managed exchange-traded fund (ETF) share classes. The Thornburg American Opportunities Fund (Nasdaq: TAOZ) and the Thornburg Focus Growth Fund (Nasdaq: TFGZ) are the latest offerings aimed at augmenting investor accessibility to Thornburg's unique investment strategies.

The introduction of these ETF share classes marks a pivotal moment, as Thornburg becomes one of the early adopters in launching actively managed ETFs derived from mutual funds. Notably, these funds are the first of their kind listed on Nasdaq, setting a precedent in the evolving marketplace. As Mark Zinkula, CEO of Thornburg, noted, this development highlights the firm's commitment to innovation and to adapting to changing client demands for more sophisticated and actively managed investment vehicles.

Thornburg's innovative approach to investments is grounded in fundamental research, and this latest initiative reflects their dedication to employing high-conviction strategies that cater to a diverse range of investors. By extending their mutual funds into ETF share classes, Thornburg is enhancing its offering to clients, ensuring they have access to a broader array of investment tools that align with their financial goals.

Thornburg received an exemptive relief earlier in 2026, which allowed the firm to establish ETF share classes for their top-performing mutual funds. Since their foray into active ETFs with their inaugural launch in January 2025, Thornburg's ETF platform has witnessed substantial growth, accumulating over $600 million in assets. The momentum continues as investors increasingly seek diverse strategies to optimize their investment portfolios.

The Significance of Actively Managed ETFs

Actively managed ETFs offer distinct advantages over traditional index-tracking ETFs by providing investors with the expertise of professional managers who dynamically adjust portfolios in response to market conditions. This adaptive management style allows for potentially enhanced risk-adjusted returns compared to passive strategies. The introduction of these actively managed share classes means that Thornburg now provides clients with innovative options that seek to outperform standard benchmarks while capitalizing on market inefficiencies.

Thornburg's American Opportunities Fund seeks to invest primarily in a diversified portfolio of U.S. equities that demonstrate robust growth potential. Conversely, the Focus Growth Fund is designed to target specific sectors identified through extensive research as having superior growth prospects. Together, these funds leverage Thornburg's strategic insights and depth of experience in navigating complex market dynamics.

As more investors embrace actively managed ETFs, they can diversify their portfolios more effectively while benefiting from Thornburg's commitment to comprehensive research and investment integrity. This launch reflects a broader trend observed in the investment management industry, where the traditional lines between ETFs and mutual funds are blurring, paving the way for increased flexibility and options for investors.

About Thornburg Investment Management

Thornburg has been at the forefront of investment management since its establishment in 1982. Based in Santa Fe, New Mexico, with an additional office in Hong Kong, the firm not only provides mutual funds but also offers closed-end funds, separate accounts, and UCITS funds to global institutions, financial professionals, and individual investors. With a focus on high-conviction strategies across equities, fixed income, multi-asset, and alternative solutions, Thornburg continues to serve the evolving needs of its clients in an ever-changing investment landscape.

In summary, the launch of Thornburg's actively managed ETF share classes represents a significant innovation in the investment sector, offering clients diverse tools to achieve their financial objectives while navigating the intricacies of the market. With an unwavering commitment to research-driven strategies and adaptability, Thornburg positions itself as a thought leader in the evolving domain of investment management.