---
ticker: "TFGZ"
name: "Thornburg Focus Growth Fund"
url: "https://etf.net/etf/TFGZ"
grade: "C"
score: 43
graded_at: "2026-10-12"
category: "US Active Growth"
category_rank: "53 of 90"
methodology: "https://etf.net/methodology"
---

# TFGZ: Thornburg Focus Growth Fund

Grade **C**, Score 43 of 100. Rank 53 of 90 in US Active Growth.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 19 | 73 of 90 |
| Mission | Not scored | — |
| Risk | 80 | 13 of 82 |
| Tradability | 40 | 63 of 90 |
| Holdings | 68 | 28 of 89 |
| Durability | 40 | 64 of 90 |

## Top holdings

The fund holds 42 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | GOOGL | Alphabet, Inc. | 12.20% |
| 2 | MSFT | Microsoft Corp. | 5.90% |
| 3 | CRDO | Credo Technology Group Holding Ltd. | 4.99% |
| 4 | LRCX | Lam Research Corp. | 4.24% |
| 5 | META | Meta Platforms, Inc. | 4.04% |
| 6 | AVGO | Broadcom, Inc. | 3.83% |
| 7 | MU | Micron Technology, Inc. | 3.61% |
| 8 | SITM | SiTime Corp. | 3.35% |
| 9 | MRVL | Marvell Technology, Inc. | 3.34% |
| 10 | MA | Mastercard, Inc. | 3.33% |
| 11 | RPRX | Royalty Pharma plc | 2.82% |
| 12 | DDOG | Datadog, Inc. | 2.81% |
| 13 | RGEN | Repligen Corp. | 2.58% |
| 14 | TLN | Talen Energy Corp. | 2.49% |
| 15 | MRX | Marex Group Ltd. | 2.41% |
| 16 | VRT | Vertiv Holdings Co. | 2.39% |
| 17 | SPGI | S&P Global, Inc. | 2.31% |
| 18 | HEI.A | HEICO Corp. | 2.25% |
| 19 | RDDT | Reddit, Inc. | 2.24% |
| 20 | IOT | Samsara, Inc. | 2.22% |
| 21 | RBRK | Rubrik, Inc. | 2.11% |
| 22 | SHOP | Shopify, Inc. | 1.84% |
| 23 | AAMI | Acadian Asset Management, Inc. | 1.83% |
| 24 | PRCH | Porch Group, Inc. | 1.83% |
| 25 | AGX | Argan, Inc. | 1.68% |
| 26 | VSXY | Victoria's Secret & Co. | 1.61% |
| 27 | LITE | Lumentum Holdings, Inc. | 1.54% |
| 28 | TPR | Tapestry, Inc. | 1.51% |
| 29 | COCO | The Vita Coco Co., Inc. | 1.44% |
| 30 | ITT | ITT, Inc. | 1.24% |

Source: etf.net, https://etf.net/etf/TFGZ. Please cite the page URL.