Thornburg Intermediate Municipal C (THMCX)
| Fund Assets | 1.06B |
| Expense Ratio | 1.09% |
| Min. Investment | $5,000 |
| Turnover | 29.65% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.20% |
| Dividend Growth | 7.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 13.23 |
| YTD Return | 1.76% |
| 1-Year Return | 1.50% |
| 5-Year Return | 3.05% |
| 52-Week Low | 12.64 |
| 52-Week High | 13.43 |
| Beta (5Y) | n/a |
| Holdings | 523 |
| Inception Date | Sep 1, 1994 |
About THMCX
Thornburg Intermediate Municipal Fund Class C is a municipal bond mutual fund that primarily seeks to provide investors with a high level of tax-exempt income while emphasizing capital preservation and reduced share price volatility. The fund invests in a diversified portfolio of intermediate-term municipal securities issued by state and local governments across the United States, which support public infrastructure and community projects. Income generated by the fund is generally free from federal income taxes, making it attractive to investors seeking tax-efficient income solutions. This fund is actively managed, balancing considerations of credit quality, interest rate sensitivity, and duration within the intermediate-term range, typically targeting bonds with maturities of around five to twelve years. The portfolio is broadly diversified across various issuers and sectors to help mitigate risk, and its holdings are almost entirely invested in municipal bonds, with a small allocation to cash equivalents. Positioned within the Muni National Intermediate category, Thornburg Intermediate Municipal Fund Class C serves investors looking for consistent income exempt from federal taxes and a lower risk alternative to longer-term or lower-quality bond funds. Its performance is benchmarked against indexes such as the ICE BofA 3-15 Year U.S. Municipal Securities Index.
Performance
THMCX had a total return of 1.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.32%.
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 | $0.03712 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03678 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0364 | Jun 30, 2025 |
| May 30, 2025 | $0.03582 | May 30, 2025 |
| Apr 30, 2025 | $0.03571 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03425 | Mar 31, 2025 |