Thornburg Short Duration Municipal Fund Class A (TLMAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

11.73

+0.04 (0.34%)

At close: Oct 15, 2026

Fund Assets	93.11M
Expense Ratio	0.711%
Min. Investment	$5,000
Turnover	n/a
Dividend (ttm)	0.36
Dividend Yield	3.07%
Dividend Growth	-1.73%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	11.69
YTD Return	0.50%
1-Year Return	1.01%
5-Year Return	6.87%
52-Week Low	11.62
52-Week High	12.01
Beta (5Y)	0.07
Holdings	112
Inception Date	Dec 30, 2013

About TLMAX

Thornburg Short Duration Municipal Fund Class A is a mutual fund focused on investing in high-quality municipal bonds with short durations. The fund seeks to provide tax-exempt income, reduced sensitivity to interest rate changes, and capital preservation for investors. It primarily invests in municipal obligations whose income is exempt from regular federal income tax, making it suitable for those seeking tax-efficient returns. The portfolio is actively managed and diversified across various states and sectors, with an emphasis on maintaining a low effective duration to help mitigate interest rate risk. Thornburg Short Duration Municipal Fund Class A is designed for investors looking for stable, tax-advantaged income within the municipal bond market.

Fund Family Thornburg

Category Muni National Short

Performance Rating Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol TLMAX

Share Class Class A

Index ICE BofA Municipal 1-3 Year TR

Performance

TLMAX had a total return of 1.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.91%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TLMIX	Class I	0.50%
TLMAX	Class A	0.70%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03043	Sep 30, 2026
Aug 31, 2026	$0.03011	Aug 31, 2026
Jul 31, 2026	$0.03011	Jul 31, 2026
Jun 30, 2026	$0.03003	Jun 30, 2026
May 29, 2026	$0.03013	May 29, 2026
Apr 30, 2026	$0.03063	Apr 30, 2026

Full Dividend History