Thornburg CA Limited-Term Muni C (LTCCX)
| Fund Assets | 275.07M |
| Expense Ratio | 1.02% |
| Min. Investment | $5,000 |
| Turnover | 46.36% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 2.67% |
| Dividend Growth | 8.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 12.93 |
| YTD Return | 1.77% |
| 1-Year Return | 1.92% |
| 5-Year Return | 1.66% |
| 52-Week Low | 12.49 |
| 52-Week High | 13.06 |
| Beta (5Y) | n/a |
| Holdings | 181 |
| Inception Date | Sep 1, 1994 |
About LTCCX
Thornburg California Limited Term Municipal Fund is an actively managed mutual fund focused on short- to intermediate‑maturity municipal bonds issued in California. Its primary objective is to provide tax‑efficient income by investing in a laddered portfolio of California municipal obligations, with interest generally exempt from federal and state income taxes for California residents. The strategy emphasizes limited interest‑rate sensitivity through shorter effective duration, aiming to balance income generation with capital preservation in the municipal market. The fund typically benchmarks against broad municipal bond indexes, reflecting its diversified exposure across essential public finance sectors such as general obligation, education, transportation, and utilities. Managed by Thornburg’s municipal team, it targets credit quality and liquidity while maintaining diversification across issuers and revenue streams. Within the muni single‑state short category, it serves investors seeking a dedicated California tax‑exempt income vehicle with disciplined maturity structuring and regular distributions. Performance and ratings data are tracked by third‑party research providers, situating the fund among peers in the single‑state, short‑term municipal segment.
Performance
LTCCX had a total return of 1.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.41%.
Top 10 Holdings
21.71% of assets| Name | Symbol | Weight |
|---|---|---|
| California Community Choice Financing Authority - CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE | CA.CCEDEV 02.01.2055 | 3.01% |
| California Community Choice Financing Authority - CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE | CA.CCEDEV 02.01.2054 | 2.77% |
| California Community Choice Financing Authority - CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE | CA.CCEDEV 01.01.2054 | 2.76% |
| City of Los Angeles Department of Airports - LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE | CA.LOSAPT 5 05.15.2033 | 2.20% |
| California Community Choice Financing Authority - CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE | CA.CCEDEV 02.01.2055 | 2.16% |
| San Joaquin Valley Clean Energy Authority - SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE | CA.SSJUTL 01.01.2056 | 1.86% |
| Los Angeles Housing Authority - LOS ANGELES CA HSG AUTH MF HSG REVENUE | CA.LOSMFH 3.75 04.01.2034 | 1.86% |
| California Health Facilities Financing Authority - CALIFORNIA ST HLTH FACS FING AUTH REVENUE | CA.CASMED 06.01.2041 | 1.79% |
| California Community Choice Financing Authority - CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE | CA.CCEDEV 02.01.2052 | 1.71% |
| California State University - CALIFORNIA ST UNIV REVENUE | CA.CASHGR 11.01.2051 | 1.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02923 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0296 | Jun 30, 2025 |
| May 30, 2025 | $0.02908 | May 30, 2025 |
| Apr 30, 2025 | $0.02896 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02876 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0301 | Feb 28, 2025 |