Thornburg Intermediate Municipal Inst (THMIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.20
0.00 (0.00%)
Sep 12, 2025, 4:00 PM EDT
Fund Assets1.06B
Expense Ratio0.48%
Min. Investment$2,500,000
Turnover29.65%
Dividend (ttm)0.48
Dividend Yield3.64%
Dividend Growth5.86%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close13.20
YTD Return2.04%
1-Year Return2.08%
5-Year Return5.93%
52-Week Low12.61
52-Week High13.39
Beta (5Y)0.17
Holdings523
Inception DateJul 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.

Fund Family Thornburg
Category Muni National Interm
Stock Exchange NASDAQ
Ticker Symbol THMIX
Share Class - Class I
Index Index is not available on Lipper Database

Performance

THMIX had a total return of 2.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.62%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
THIMX- Class A0.72%
THMCX- Class C1.09%
THMQX- Class C21.09%

Top 10 Holdings

10.65% of assets
NameSymbolWeight
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%KY.KYSPWR 04.01.20541.50%
WISCONSIN HSG & ECONOMIC DEV AUTH HOME OWNERSHIP REV 4.5%WI.WISGEN 4.5 09.01.20441.31%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%AL.BBEUTL 03.01.20551.25%
TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5%TN.TNSUTL 05.01.20521.18%
PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.85%TX.PPATRN 04.01.20401.13%
PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25%SC.PEGUTL 10.01.20540.96%
WISE CNTY VA INDL DEV AUTH SOLID WASTE & SEW DISP REV 3.8%VA.WISUTL 11.01.20400.85%
COLORADO HEALTH FACS AUTH REV 5%CO.COSMED 5 08.01.20440.85%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 2.75%NY.NYCGEN 02.01.20450.81%
CENTRAL VY ENERGY AUTH CALIF COMMODITY SUPPLY REV 5%CA.CTVPWR 12.01.20550.81%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.04379Aug 29, 2025
Jul 31, 2025$0.04338Jul 31, 2025
Jun 30, 2025$0.0428Jun 30, 2025
May 30, 2025$0.04243May 30, 2025
Apr 30, 2025$0.0421Apr 30, 2025
Mar 31, 2025$0.04096Mar 31, 2025
Full Dividend History