Performance for Quarter Ended - 6/30/10
| A Shares (TIBAX) | 1-Year | 3-Year | 5-Year | Inception* |
| Without sales charge | 16.82 % | -2.84 % | 5.98 % | 10.58 % |
| With sales charge | 11.57 % | -4.32 % | 5.01 % | 9.90 % |
Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate so shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than quoted. For performance current to the most recent month end, visit thornburg.com. The maximum sales charge for the Fund’s A shares is 4.50%. The total annual operating expenses of the Fund is 1.30% for Class A shares.
* Inception date for A Shares is 12/24/02.
Investments in the Fund carry risks, including possible loss of principal. Special risks may be associated with investments outside the United States, especially in emerging markets, including currency fluctuations, illiquidity and volatility. Investments in small capitalization companies may increase the risk of greater price fluctuations. Funds investing in bonds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds. The principal value of bonds will fluctuate relative to changes in interest rates, decreasing when interest rates rise. Investments in the Fund are not FDIC insured, nor are they deposits of or guaranteed by a bank or any other entity.
There is no guarantee that the Fund will meet its investment objectives.
Before investing, carefully consider the Fund’s investment goals, risks, charges, and expenses. For a prospectus containing this and other information, contact your financial advisor or visit our literature library. Read it carefully before investing.
