Thornburg Intermediate Municipal C2 (THMQX)
| Fund Assets | 1.23B |
| Expense Ratio | 1.09% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 3.06% |
| Dividend Growth | 7.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 13.16 |
| YTD Return | -0.06% |
| 1-Year Return | 4.02% |
| 5-Year Return | 5.28% |
| 52-Week Low | 12.65 |
| 52-Week High | 13.43 |
| Beta (5Y) | n/a |
| Holdings | 587 |
| Inception Date | Sep 30, 2020 |
About THMQX
Thornburg Intermediate Municipal Fund Class C2 is an actively managed mutual fund that primarily invests in intermediate-term municipal bonds. Its main objective is to provide investors with a high level of federally tax-exempt income, making it particularly suitable for individuals seeking tax efficiency in their fixed income allocations. This fund focuses on a diversified portfolio of municipal securities, usually with maturities in the intermediate range, aiming to balance income generation with moderate interest rate risk. By targeting municipal bonds, the fund gains exposure to various sectors within the public finance landscape, such as local government projects, infrastructure improvements, and essential services. This results in a portfolio that benefits from broad geographic and sector diversification, while striving to maintain credit quality and preserve capital. The Thornburg Intermediate Municipal Fund Class C2 plays a meaningful role in the municipal bond market by providing liquidity and funding for vital public sector initiatives, while offering investors a potential source of stable, tax-advantaged income. Managed according to Thornburg's active approach, the fund continuously adjusts its holdings to respond to market opportunities and evolving credit conditions, seeking optimal risk-adjusted returns for shareholders.
Performance
THMQX had a total return of 4.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.01%.
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 Fund™ | 0.38% |
Top 10 Holdings
11.18% of assets| Name | Symbol | Weight |
|---|---|---|
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 3.25% | MS.MSSDEV 11.01.2035 | 2.23% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 04.01.2054 | 1.33% |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 3.25% | TX.PPATRN 04.01.2040 | 1.31% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 03.01.2055 | 1.12% |
| TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5% | TN.TNSUTL 05.01.2052 | 1.06% |
| Usd | n/a | 0.99% |
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 10.01.2054 | 0.85% |
| COLORADO HEALTH FACS AUTH REV 5% | CO.COSMED 5 08.01.2044 | 0.78% |
| WISCONSIN HSG & ECONOMIC DEV AUTH HOME OWNERSHIP REV 4.5% | WI.WISGEN 4.5 09.01.2044 | 0.76% |
| WISE CNTY VA INDL DEV AUTH SOLID WASTE & SEW DISP REV 3.8% | VA.WISUTL 11.01.2040 | 0.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03579 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03674 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03646 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03639 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03666 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03687 | Oct 31, 2025 |