Thornburg Ca Limited-Term Municipal C2 (LTCQX)

Fund Assets	307.03M
Expense Ratio	1.14%
Min. Investment	$5,000
Turnover	n/a
Dividend (ttm)	0.34
Dividend Yield	2.65%
Dividend Growth	-1.55%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	12.84
YTD Return	0.09%
1-Year Return	2.10%
5-Year Return	4.79%
52-Week Low	12.79
52-Week High	13.16
Beta (5Y)	n/a
Holdings	208
Inception Date	Sep 30, 2020

About LTCQX

Thornburg California Limited Term Municipal Fund is an open-end municipal bond fund focused on generating tax-exempt income for California residents while seeking preservation of capital. The fund invests primarily in a laddered portfolio of short- to intermediate-maturity municipal obligations issued by the State of California, its agencies, and local governments, with the goal of providing income exempt from federal and California state individual income taxes. It emphasizes investment-grade securities but can allocate a limited portion to below-investment-grade municipal bonds, allowing flexibility to manage credit and yield opportunities across the state’s diverse issuers. The strategy is actively managed, incorporating views on interest rates, market supply, and security-specific analysis to balance income and interest rate sensitivity. By concentrating on essential-service revenue bonds and general obligation debt across sectors such as transportation, education, utilities, healthcare, and clean energy, the fund plays a role in financing public infrastructure while offering a tax-efficient income stream to individual investors. Its limited-term profile targets reduced price volatility relative to longer-duration municipal portfolios.

• Fund Family: Thornburg
• Category: Muni Single State Short
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: LTCQX
• Share Class: - Class C2
• Index: Index is not available on Lipper Database

Performance

LTCQX had a total return of 2.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.77%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
LTCIX	- Class I	0.49%
LTCIX	- Class I	0.49%
LTCAX	- Class A	0.74%
LTCAX	- Class A	0.74%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02699	Jul 31, 2026
Jun 30, 2026	$0.02728	Jun 30, 2026
May 29, 2026	$0.02744	May 29, 2026
Apr 30, 2026	$0.02776	Apr 30, 2026
Mar 31, 2026	$0.027	Mar 31, 2026
Feb 27, 2026	$0.02851	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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