Thornburg Ultra Short Income Fund Class A (TLDAX)

Fund Assets	246.85M
Expense Ratio	0.60%
Min. Investment	$5,000
Turnover	n/a
Dividend (ttm)	0.51
Dividend Yield	4.17%
Dividend Growth	-16.99%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	12.17
YTD Return	2.06%
1-Year Return	3.91%
5-Year Return	17.95%
52-Week Low	12.13
52-Week High	12.22
Beta (5Y)	0.01
Holdings	308
Inception Date	Dec 30, 2013

About TLDAX

Thornburg Ultra Short Income Fund Class A is an ultrashort bond mutual fund designed to provide current income while prioritizing capital preservation. It invests at least 80% of its net assets in high-quality, investment-grade debt obligations, including securities issued by the U.S. government, its agencies, and instrumentalities. The fund emphasizes low interest-rate exposure through short effective duration and average maturity, making it suitable for investors seeking stability in fluctuating fixed income markets. Classified in the Ultrashort Bond category within global fixed income, it benchmarks performance against the ICE BofA U.S. Treasury Bill Index. The portfolio typically features a diversified mix of holdings focused on income generation with minimal credit and duration risk. Thornburg Ultra Short Income Fund Class A distributes income regularly, appealing to those needing liquidity and preservation in conservative segments of the bond market. Managed by Thornburg Investment Management, it serves as a cash alternative for short-term investment needs.

• Fund Family: Thornburg
• Category: Ultrashort Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: TLDAX
• Share Class: Class A
• Index: ICE BofA U.S.Treasury Bill TR

Performance

TLDAX had a total return of 3.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.35%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TLDIX	Class I	0.35%
TLDIX	Class I	0.35%
TLDAX	Class A	0.60%

Top 10 Holdings

17.75% of assets

Name	Symbol	Weight
Thornburg Capital Management	n/a	6.46%
United States Treasury Notes 1.25%	T.1.25 05.31.28	3.35%
United States Treasury Notes 2.75%	T.2.75 07.31.27	1.19%
CDW LLC / CDW Finance Corp 2.67%	CDW.2.67 12.01.26	1.02%
United States Treasury Notes 4.25%	T.4.25 01.15.28	1.01%
Energy Transfer LP 3.9%	ET.3.9 07.15.26	1.00%
Alcon Finance Corp 2.75%	ALCSW.2.75 09.23.26 144A	1.00%
Onemain Direct Auto Receivables Tst 5.41%	ODART.2023-1A A	0.92%
OCCU AUTO REC TR 2022-1 5.69%	OCCU.2022-1A A4	0.91%
KeySpan Gas East Corporation 2.742%	NGGLN.2.742 08.15.26 144A	0.90%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.04259	Jul 31, 2026
Jun 30, 2026	$0.0432	Jun 30, 2026
May 29, 2026	$0.04115	May 29, 2026
Apr 30, 2026	$0.04347	Apr 30, 2026
Mar 31, 2026	$0.03419	Mar 31, 2026
Feb 27, 2026	$0.03092	Feb 27, 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:

Aug 27, 2026

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