Thornburg Municipal Managed Account SMA (THMMX)
| Fund Assets | 12.35M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 21.60% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.60% |
| Dividend Growth | 5.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.33 |
| YTD Return | 1.28% |
| 1-Year Return | 5.52% |
| 5-Year Return | n/a |
| 52-Week Low | 9.35 |
| 52-Week High | 10.35 |
| Beta (5Y) | 0.31 |
| Holdings | 73 |
| Inception Date | n/a |
About THMMX
Thornburg Municipal Managed Account Fund Class I is a separately managed account focused on municipal bonds, designed to provide tax-exempt income and capital preservation for institutional investors. The fund invests primarily in high-quality municipal securities across a range of states and sectors, including infrastructure, utilities, and public services, with an emphasis on credit quality and income generation. Managed by Thornburg Investment Management, the strategy is actively overseen by experienced portfolio managers who seek to optimize risk-adjusted returns through careful security selection and duration management. The fund’s holdings are diversified to mitigate issuer-specific risk, and its portfolio is tailored to meet the needs of clients seeking exposure to the U.S. municipal bond market. Thornburg Municipal Managed Account Fund Class I plays a key role in fixed income portfolios, offering access to a broad spectrum of municipal issuers and supporting objectives such as income stability and tax efficiency.
Performance
THMMX had a total return of 5.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.53%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| THMMX | Class Sma | n/a |
Top 10 Holdings
22.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Energy Southeast A Cooperative District - ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE | AL.ESDPWR 07.01.2054 | 2.74% |
| West Virginia Economic Development Authority - WEST VIRGINIA ST ECON DEV AUTH SOL WST DISP FACS | WV.WVSDEV 04.01.2036 | 2.45% |
| City of Detroit MI - DETROIT MI | MI.DET 6 05.01.2043 | 2.28% |
| Kentucky Public Energy Authority - KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE | KY.KYSPWR 04.01.2054 | 2.27% |
| California Community Choice Financing Authority - CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE | CA.CCEDEV 05.01.2054 | 2.25% |
| Black Belt Energy Gas District - BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE | AL.BBEUTL 5 12.01.2030 | 2.25% |
| Southeast Alabama Gas Supply District/The - S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE | AL.SOUUTL 08.01.2054 | 2.24% |
| Indiana Finance Authority - INDIANA ST FIN AUTH REVENUE | IN.INSFIN 5 05.01.2040 | 2.13% |
| City of Farmington NM - FARMINGTON NM POLL CONTROL REVENUE | NM.FARPOL 06.01.2040 | 2.12% |
| County of Washoe NV - WASHOE CNTY NV WTR FAC REVENUE | NV.WASWTR 03.01.2036 | 2.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04077 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04092 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04048 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04093 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04031 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03951 | Aug 29, 2025 |