Thornburg Limited Term Municipal Fund Class I (LTMIX)

Fund Assets	2.09B
Expense Ratio	0.53%
Min. Investment	$2,500,000
Turnover	n/a
Dividend (ttm)	0.47
Dividend Yield	3.53%
Dividend Growth	1.80%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	13.45
YTD Return	0.70%
1-Year Return	2.63%
5-Year Return	7.33%
52-Week Low	13.42
52-Week High	13.78
Beta (5Y)	0.02
Holdings	811
Inception Date	Jul 5, 1996

About LTMIX

Thornburg Limited Term Municipal Fund Class I is an actively managed municipal bond mutual fund focused on providing a high level of current income that is exempt from federal individual income tax while preserving capital. The portfolio invests primarily in a laddered mix of short- to intermediate-maturity municipal obligations issued by states, state agencies, and local governments, seeking to moderate interest rate sensitivity versus longer-duration peers. The fund is benchmarked to the ICE BofA 1–10 Year U.S. Municipal Securities Index and sits within the Muni National Short category, reflecting its diversified, nationwide exposure and duration profile under four years. Managed by a seasoned team, the strategy applies a relative value framework across sectors such as essential services, transportation, and utility revenue bonds, emphasizing high-quality credits with a predominantly investment-grade allocation. Key characteristics include monthly dividend distributions, a net expense ratio of 0.51% for this share class, and a focus on dampening price volatility through limited term positioning. The fund plays a role in the market as a tax-efficient, lower-duration municipal option for investors seeking federally tax-exempt income and broad municipal sector diversification.

• Fund Family: Thornburg
• Category: Muni National Short
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: LTMIX
• Share Class: - Class I
• Index: Index is not available on Lipper Database

Performance

LTMIX had a total return of 2.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.14%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LTMIX	- Class I	0.53%
LTMFX	- Class A	0.78%
LTMFX	- Class A	0.78%
LTMCX	- Class C	1.08%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03952	Jul 31, 2026
Jun 30, 2026	$0.0397	Jun 30, 2026
May 29, 2026	$0.0393	May 29, 2026
Apr 30, 2026	$0.03971	Apr 30, 2026
Mar 31, 2026	$0.03923	Mar 31, 2026
Feb 27, 2026	$0.04002	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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