Thornburg New Mexico Intermediate Municipal Fund Class I (THNIX)

Fund Assets	78.63M
Expense Ratio	0.664%
Min. Investment	$2,500,000
Turnover	n/a
Dividend (ttm)	0.41
Dividend Yield	3.39%
Dividend Growth	2.90%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	12.06
YTD Return	0.02%
1-Year Return	0.47%
5-Year Return	4.94%
52-Week Low	11.58
52-Week High	12.56
Beta (5Y)	0.03
Holdings	110
Inception Date	Feb 1, 2007

About THNIX

Thornburg New Mexico Intermediate Municipal Fund Class I is an actively managed municipal bond mutual fund focused on providing tax‑exempt income while seeking capital preservation. The portfolio invests primarily in investment‑grade municipal securities issued by New Mexico state and local entities, financing public projects such as infrastructure, education, and essential services. According to the sponsor, the strategy emphasizes high credit quality and an intermediate interest‑rate profile, aligning with a benchmark of broad U.S. municipal bonds and targeting a balance between income stability and interest‑rate sensitivity. Morningstar categorizes the vehicle within muni single‑state intermediate funds, which typically maintain durations of roughly four to six years and concentrate holdings in one state to enhance state tax benefits for residents. The fund maintains a diversified lineup of dozens of holdings and a modest asset base, reflecting its targeted, state‑specific mandate. Class I shares represent an institutional pricing tier of the same strategy, sharing the investment objective and research platform while differing by fee structure from other share classes offered under the fund family.

• Fund Family: Thornburg
• Category: Muni Single State Interm
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: THNIX
• Share Class: - Class I
• Index: Index is not available on Lipper Database

Performance

THNIX had a total return of 0.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.55%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
THNIX	- Class I	0.67%
THNMX	- Class A	0.92%
THNDX	- Class D	1.17%

Top 10 Holdings

26.80% of assets

Name	Symbol	Weight
NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV 5%	NM.NMSPWR 06.01.2054	4.57%
NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 4%	NM.NMSMED 4 08.01.2037	3.24%
LOS RANCHOS DE ALBUQUERQUE NEW MEXICO EDL FACS REV 4%	NM.LSREDU 4 09.01.2040	3.00%
FARMINGTON N MEX POLLUTN CTL REV 3.9%	NM.FARPOL 06.01.2040	2.67%
NEW MEXICO FIN AUTH ST TRANSN REV 5%	NM.NMSTRN 5 06.15.2041	2.59%
United States Treasury Bills 3.6261%	B.0 09.01.26	2.51%
FARMINGTON N MEX POLLUTN CTL REV 3.875%	NM.FARPOL 06.01.2040	2.47%
GUAM PWR AUTH REV 5%	GU.GMSPWR 5 10.01.2042	2.16%
NEW MEXICO MTG FIN AUTH 4.55%	NM.NMSHSG 4.55 09.01.2043	1.81%
NEW MEXICO MTG FIN AUTH 4.6%	NM.NMSHSG 4.6 09.01.2044	1.79%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.03533	Oct 30, 2026
Sep 30, 2026	$0.03496	Sep 30, 2026
Aug 31, 2026	$0.03443	Aug 31, 2026
Jul 31, 2026	$0.03433	Jul 31, 2026
Jun 30, 2026	$0.03412	Jun 30, 2026
May 29, 2026	$0.03401	May 29, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Nov 5, 2026

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