Thornburg Limited Term Municipal Fund Class C (LTMCX)
| Fund Assets | 2.15B |
| Expense Ratio | 1.04% |
| Min. Investment | $5,000 |
| Turnover | 39.61% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 2.89% |
| Dividend Growth | 4.70% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 13.79 |
| YTD Return | 1.20% |
| 1-Year Return | 4.96% |
| 5-Year Return | 4.21% |
| 52-Week Low | 12.87 |
| 52-Week High | 13.79 |
| Beta (5Y) | n/a |
| Holdings | 770 |
| Inception Date | Sep 1, 1994 |
About LTMCX
Thornburg Limited Term Municipal Fund Class C is an actively managed municipal bond mutual fund focused on delivering income that is generally exempt from regular federal income tax while emphasizing capital preservation and lower share-price volatility. The strategy primarily invests in short- to intermediate‑maturity municipal securities across U.S. states and sectors, maintaining a limited interest‑rate sensitivity profile consistent with the Muni National Short category. The portfolio typically holds a diversified mix of revenue and general obligation bonds, with notable exposure to essential-service revenue issuers such as transportation and energy-related municipal utilities. The fund measures results against the ICE BofA 1–10 Year U.S. Municipal Securities Index and distributes income monthly. Key characteristics highlighted by the manager include a conservative effective duration target and broad state and sector diversification to help moderate drawdowns relative to longer-duration municipal strategies. Class C shares carry higher ongoing distribution and service fees and may be subject to a contingent deferred sales charge on recent redemptions, as detailed in the fund’s summary prospectus and disclosures.
Performance
LTMCX had a total return of 4.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.28%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03296 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03188 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03267 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03273 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03404 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03369 | Aug 29, 2025 |