Thornburg Intermediate Municipal Fund Class I (THMIX)
| Fund Assets | 1.18B |
| Expense Ratio | 0.48% |
| Min. Investment | $2,500,000 |
| Turnover | 29.65% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.61% |
| Dividend Growth | 5.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 13.30 |
| YTD Return | 0.86% |
| 1-Year Return | 4.97% |
| 5-Year Return | 7.76% |
| 52-Week Low | 12.20 |
| 52-Week High | 13.31 |
| Beta (5Y) | 0.19 |
| Holdings | 575 |
| Inception Date | Jul 5, 1996 |
About THMIX
Thornburg Intermediate Municipal Fund Class I is a municipal bond mutual fund managed by Thornburg, designed to provide high levels of income that is exempt from federal individual income tax. The fund primarily invests in a diversified portfolio of intermediate-term municipal securities issued by states and local governments across the United States to fund public projects. Its investment strategy focuses on maintaining a laddered maturity structure, which seeks to balance income generation with reduced share price volatility and preservation of capital. With an effective duration of approximately 5.2 years, the fund targets holdings with average maturities in the intermediate range, thereby managing sensitivity to interest rate fluctuations. The portfolio is broadly diversified across sectors such as public energy authorities, housing finance, and economic development agencies. The fund is actively managed and distinguished by its sizable asset base and relatively low net expense ratio among peers, supporting its competitiveness in the Muni National Intermediate category. Its role in the financial market is to serve individual and institutional investors seeking tax-advantaged income while mitigating risk through diversification and professional management.
Performance
THMIX had a total return of 4.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.48%.
Top 10 Holdings
10.66% of assets| Name | Symbol | Weight |
|---|---|---|
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.57% | TX.PPATRN 04.01.2040 | 1.73% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 04.01.2054 | 1.36% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 2.5% | NY.NYCGEN 08.01.2039 | 1.29% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 03.01.2055 | 1.14% |
| TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5% | TN.TNSUTL 05.01.2052 | 1.09% |
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 10.01.2054 | 0.87% |
| HILLSBOROUGH CNTY FLA INDL DEV AUTH HEALTH SYS REV 2.5% | FL.HILMEC 11.15.2042 | 0.85% |
| COLORADO HEALTH FACS AUTH REV 5% | CO.COSMED 5 08.01.2044 | 0.79% |
| WISCONSIN HSG & ECONOMIC DEV AUTH HOME OWNERSHIP REV 4.5% | WI.WISGEN 4.5 09.01.2044 | 0.78% |
| WISE CNTY VA INDL DEV AUTH SOLID WASTE & SEW DISP REV 3.8% | VA.WISUTL 11.01.2040 | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04315 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04316 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04321 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04363 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04418 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04379 | Aug 29, 2025 |