Thornburg Intermediate Municipal C2 (THMQX)
| Fund Assets | 1.06B |
| Expense Ratio | 1.09% |
| Min. Investment | $5,000 |
| Turnover | 29.65% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.21% |
| Dividend Growth | 7.09% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 13.23 |
| YTD Return | 1.76% |
| 1-Year Return | 1.57% |
| 5-Year Return | n/a |
| 52-Week Low | 12.65 |
| 52-Week High | 13.43 |
| Beta (5Y) | n/a |
| Holdings | 523 |
| 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 1.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.42%.
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 | $0.03715 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0368 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03642 | Jun 30, 2025 |
| May 30, 2025 | $0.03583 | May 30, 2025 |
| Apr 30, 2025 | $0.03573 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03426 | Mar 31, 2025 |