Thornburg International Equity ETF
Thornburg International Equity ETF (NASDAQ: TXUE) is an exchange-traded fund listed on NASDAQ, trading at $35.01 (about ₹3,363 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.65%. Indian residents can buy TXUE through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$34.86
Today's high
$35.21
52 week low
$29.79
52 week high
$38.40
TXUE opened at $35.05, closed previously at $35.23, and has traded between $29.79 and $38.40 over the past 52 weeks.
About
The Thornburg International Equity ETF (TXUE) strategically builds a concentrated portfolio, typically holding 50 to 55 large-capitalization companies based outside the United States. This fund opportunistically invests across diverse sectors and developed economies, targeting a blend of classic value propositions, consistently profitable businesses, and emerging, high-potential ventures. Its primary objective is to maximize risk-adjusted returns by identifying strong, fundamentally sound companies that are currently undervalued, perhaps due to negative market perceptions or sector-specific challenges. Investment choices are rooted in in-depth, company-specific fundamental research, which is then complemented by broader macroeconomic insights concerning interest rates, inflation, and geopolitical trends. Although predominantly focused on large companies, the fund maintains the ability to invest across all market capitalizations. To manage foreign exchange risk, TXUE may employ derivatives, including currency forwards.
Key statistics
Expense ratio
0.65%
Assets (AUM)
$548.3M
Holdings
—
NAV
$35.24
Avg. volume
—
1-year price change
+16.12%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 32.1% of the fund.
Where the money is invested
Countries
How to buy TXUE from India
Indian residents can buy TXUE units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search TXUE and buy
Find the fund by its ticker, TXUE, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in TXUE from India
Trading and taxes when buying TXUE from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the TXUE price today?
Thornburg International Equity ETF (TXUE) last traded at $35.01 on NASDAQ, as of 29 Sep 2026, 4:00 PM ET. That is ₹3,363 a unit at the 29 Sep 2026 USD/INR rate.
When does TXUE trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is TXUE, and what does it cost to hold?
Thornburg International Equity ETF manages about $548.3M. Its expense ratio is 0.65% a year, deducted inside the fund. It launched in 2025.
What are TXUE's largest holdings?
The top three are Cash & Cash Equivalents (4.0%), Taiwan Semiconductor Manufacturing Co. Ltd. (4.0%) and BNP Paribas S.A. (3.3%). TXUE's 10 largest positions make up 32.1% of the fund.
Does TXUE pay dividends?
Yes. TXUE is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on TXUE taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of TXUE?
Yes. You can buy TXUE by amount rather than by whole unit, and there is no minimum trade size.
How has TXUE performed?
TXUE's price is up 16.1% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.