Thornburg Core Growth Fund Holdings

Holdings as of 5/31/2010

Growth Industry Leaders

TickerCompany Name% of Portfolio
MSFTMicrosoft Corp.4.2%
GILDGilead Sciences, Inc.4.0%
VVisa, Inc.3.8%
GOOGGoogle, Inc.3.7%
QCOMQualcomm, Inc.3.7%
ADBEAdobe Systems, Inc.3.5%
SCHWCharles Schwab Corp.3.4%
KSSKohl's Corp.3.1%
GSGoldman Sachs Group, Inc.2.6%
EQIXEquinix, Inc.2.0%
AMZNAmazon.com, Inc.2.0%
MONMonsanto Co.1.9%

Consistent Growth Companies

TickerCompany Name% of Portfolio
TLCRTalecris Biotherapeutics Holdings Corp.3.9%
DOXAmdocs Ltd.3.9%
ESRXExpress Scripts, Inc.3.5%
FISVFiserv, Inc.3.2%
DTVDIRECTV Group, Inc.3.1%
ATLN VXActelion Ltd.2.7%
AMGAffiliated Managers Group, Inc.2.6%
CSCComputer Sciences Corp.2.1%

Emerging Growth Companies

TickerCompany Name% of Portfolio
SIVBSVB Financial Group2.8%
CSTRCoinstar, Inc.2.7%
ONNNON Semiconductor Corp.2.7%
LOPEGrand Canyon Education, Inc.2.6%
LVSLas Vegas Sands Corp.2.5%
MELIMercadoLibre, Inc.2.3%
ROVIRovi Corp.2.2%
AMEDAmedisys, Inc.2.2%
ALXNAlexion Pharmaceuticals, Inc.2.1%
CIENCiena Corp.2.0%
DBRNDress Barn, Inc.2.0%
SLPXSalix Pharmaceuticals Ltd.1.8%
TCY LNTelecity Group plc1.7%
LTMLife Time Fitness, Inc.1.6%
SDSandridge Energy, Inc.1.5%
AMCNAirmedia Group, Inc. ADR0.7%
ICEIntercontinental Exchange, Inc.0.3%

Special Situations

TickerCompany Name% of Portfolio
FTOFrontier Oil Corp.1.5%
CYHCommunity Health Systems, Inc.0.4%

   
 Cash1.7%

The securities mentioned above are provided for the general information of Thornburg Core Growth Fund shareholders. This information should not be interpreted as a buy or sell recommendation. It should not be assumed that the investments in the securities were or will be profitable.

It is probable that buying or selling in the Thornburg Core Growth Fund portfolio will have occurred since this list was last updated. As a result of this buying or selling, the fund may own more, fewer, or no shares of the stock of any company listed. In addition, the fund may have purchased shares of companies that are not yet included in the above list.

Holdings can and do vary over time.

Blue spacer