Thornburg Short Duration Municipal Fund Class A (TLMAX)
| Fund Assets | 99.17M |
| Expense Ratio | 0.70% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 2.73% |
| Dividend Growth | -1.93% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 11.91 |
| YTD Return | 0.24% |
| 1-Year Return | 2.73% |
| 5-Year Return | 6.44% |
| 52-Week Low | 11.80 |
| 52-Week High | 12.02 |
| Beta (5Y) | 0.07 |
| Holdings | 124 |
| 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.
Performance
TLMAX had a total return of 2.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.93%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02977 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03015 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02907 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02945 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03022 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0301 | Oct 31, 2025 |