Thornburg NM Intermediate Municipal A (THNMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.30
+0.05 (0.41%)
Sep 5, 2025, 4:00 PM EDT
0.41%
Fund Assets88.14M
Expense Ratio0.99%
Min. Investment$5,000
Turnover19.49%
Dividend (ttm)0.35
Dividend Yield2.82%
Dividend Growth11.66%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close12.25
YTD Return0.87%
1-Year Return0.79%
5-Year Return-0.07%
52-Week Low11.96
52-Week High12.53
Beta (5Y)n/a
Holdings100
Inception DateJun 21, 1991

About THNMX

Thornburg New Mexico Intermediate Municipal Fund Class A is an actively managed municipal bond mutual fund focused on delivering tax-exempt income for New Mexico residents while emphasizing capital preservation. The portfolio primarily invests in investment-grade debt issued by New Mexico state and local entities that finance public projects such as infrastructure, education, and essential services, with income generally exempt from federal and New Mexico state individual income taxes. The strategy targets an intermediate interest-rate profile, aligning with a category that typically maintains durations of roughly four to six years, balancing income generation with moderate interest-rate risk. Management employs fundamental credit research and diversification across sectors within the state’s municipal market to manage credit quality and liquidity considerations, while benchmarking against broad municipal indexes to evaluate results. Within the municipal bond landscape, the fund serves investors seeking state-specific tax efficiency and a stable income stream from high-quality issuers, positioned as a core, tax-aware allocation in a fixed income portfolio centered on New Mexico municipal securities.

Fund Family Thornburg
Category Muni Single State Interm
Stock Exchange NASDAQ
Ticker Symbol THNMX
Share Class - Class A
Index Index is not available on Lipper Database

Performance

THNMX had a total return of 0.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.35%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
THNIX- Class I0.67%
THNDX- Class D1.24%

Top 10 Holdings

29.52% of assets
NameSymbolWeight
BERNALILLO CNTY N MEX GROSS RCPTS TAX REV 5.25%NM.BERGEN 5.25 10.01.20254.43%
NEW MEXICO FIN AUTH REV 4%NM.NMSGEN 4 06.01.20344.37%
NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV 5%NM.NMSPWR 06.01.20543.36%
NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 4%NM.NMSMED 4 08.01.20373.04%
LOS RANCHOS DE ALBUQUERQUE NEW MEXICO EDL FACS REV 4%NM.LSREDU 4 09.01.20402.87%
FARMINGTON N MEX POLLUTN CTL REV 3.9%NM.FARPOL 06.01.20402.46%
NEW MEXICO ST UNIV REVS 5%NM.NMSHGR 5 04.01.20362.35%
FARMINGTON N MEX POLLUTN CTL REV 3.875%NM.FARPOL 06.01.20402.34%
ALBUQUERQUE BERNALILLO CNTY WTR UTIL AUTH N MEX JT WTR & SWR SYS REV 5%NM.ALBUTL 5 07.01.20322.29%
GUAM PWR AUTH REV 5%GU.GMSPWR 5 10.01.20422.02%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.03102Aug 29, 2025
Jul 31, 2025$0.03092Jul 31, 2025
Jun 30, 2025$0.02995Jun 30, 2025
May 30, 2025$0.02964May 30, 2025
Apr 30, 2025$0.02988Apr 30, 2025
Mar 31, 2025$0.02932Mar 31, 2025
Full Dividend History