Thornburg Intermediate Municipal A (THIMX)
| Fund Assets | 1.06B |
| Expense Ratio | 0.72% |
| Min. Investment | $5,000 |
| Turnover | 29.65% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 3.50% |
| Dividend Growth | 6.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 13.21 |
| YTD Return | 1.96% |
| 1-Year Return | 1.88% |
| 5-Year Return | 4.80% |
| 52-Week Low | 12.63 |
| 52-Week High | 13.41 |
| Beta (5Y) | n/a |
| Holdings | 523 |
| Inception Date | Jul 23, 1991 |
About THIMX
Thornburg Intermediate Municipal Fund Class A is an open-end mutual fund focused on the municipal bond sector. Its primary objective is to generate a high level of current income that is exempt from federal individual income tax, while preserving capital and managing interest rate risk. The fund invests mainly in a laddered portfolio of investment-grade municipal obligations issued by U.S. states and state agencies, carefully selecting securities through fundamental credit research and actively managing portfolio duration to avoid the risks associated with longer-maturity bonds. Targeting intermediate maturities, this fund aims to strike a balance between income generation and moderate sensitivity to interest rate movements, making it suitable for investors seeking tax-advantaged income with modest volatility. Holdings are diversified across various sectors within the municipal market, such as infrastructure, utilities, and environmental services, reflecting its broad exposure to essential public projects. The fund is assessed within the Morningstar Muni National Intermediate category and serves as a tool for investors aiming to enhance after-tax returns within a traditional fixed-income allocation.
Performance
THIMX had a total return of 1.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.89%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SWNTX | Schwab | Schwab Tax-Free Bond | 0.38% |
Top 10 Holdings
10.65% of assets| Name | Symbol | Weight |
|---|---|---|
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 04.01.2054 | 1.50% |
| WISCONSIN HSG & ECONOMIC DEV AUTH HOME OWNERSHIP REV 4.5% | WI.WISGEN 4.5 09.01.2044 | 1.31% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 03.01.2055 | 1.25% |
| TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5% | TN.TNSUTL 05.01.2052 | 1.18% |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.85% | TX.PPATRN 04.01.2040 | 1.13% |
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 10.01.2054 | 0.96% |
| WISE CNTY VA INDL DEV AUTH SOLID WASTE & SEW DISP REV 3.8% | VA.WISUTL 11.01.2040 | 0.85% |
| COLORADO HEALTH FACS AUTH REV 5% | CO.COSMED 5 08.01.2044 | 0.85% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 2.75% | NY.NYCGEN 02.01.2045 | 0.81% |
| CENTRAL VY ENERGY AUTH CALIF COMMODITY SUPPLY REV 5% | CA.CTVPWR 12.01.2055 | 0.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.04121 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0408 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04031 | Jun 30, 2025 |
| May 30, 2025 | $0.03985 | May 30, 2025 |
| Apr 30, 2025 | $0.03961 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03834 | Mar 31, 2025 |