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TBDAX

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1d
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1m

Analysis and statistics

  • Open
    20.4563$
  • Previous Close
    20.4563$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

TBDAX.US refers to the Thornburg Developing World Fund Class A. It's a mutual fund managed by Thornburg Investment Management, focusing on investments in developing or emerging market countries. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located in these regions.
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Factors

Economic Conditions: Broad economic factors like GDP growth, inflation, and interest rates significantly influence bond yields and, consequently, TBDAX.US's price.

Interest Rate Movements: As interest rates rise, bond prices typically fall, impacting TBDAX.US negatively, and vice versa. Fed policy plays a crucial role.

Credit Risk: Changes in the perceived creditworthiness of the bonds held by TBDAX.US affect its price; downgrades can lead to price declines.

Inflation Expectations: Rising inflation erodes bond values, impacting TBDAX.US negatively, as investors demand higher yields to compensate.

Market Sentiment: Overall investor confidence and risk appetite can influence demand for bonds, affecting TBDAX.US's price, often inversely related to stock market performance.

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