THLSX : Thornburg Long/Short Equity Fund Class I

Fund Summary

The investment seeks long-term capital appreciation. Under normal market conditions the fund pursues its investment goal by investing a significant amount of its assets in long and short positions in a broad range of equity securities. It may invest in any stock or other equity security which the fund's investment advisor, Thornburg Investment Management, Inc. ("Thornburg"), believes may assist the fund in pursuing its goal, including common stocks, preferred stocks, convertible securities, warrants, depositary receipts, and shares in exchange traded funds. The fund is non-diversified.