Thornburg Short Duration Municipal Fund Class I (TLMIX)
| Fund Assets | 153.34M |
| Expense Ratio | 0.50% |
| Min. Investment | $2,500,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.31% |
| Dividend Growth | 6.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 11.86 |
| YTD Return | 0.37% |
| 1-Year Return | 2.70% |
| 5-Year Return | 5.30% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 127 |
| Inception Date | Dec 30, 2013 |
About TLMIX
The Fund's investment strategy focuses on Short Muni Debt with 0.5% total expense ratio. The minimum amount to invest in Thornburg Investment Trust: Thornburg Short Duration Municipal Fund; Class I Shares is $2,500,000 on a standard taxable account. Thornburg Investment Trust: Thornburg Short Duration Municipal Fund; Class I Shares seeks current income exempt from federal income tax, consistent with preservation of capital. TLMIX invests principally in a laddered maturity portfolio of municipal obligations issued by states and state agencies, local governments and their agencies and by certain United States territories and possessions.
Performance
TLMIX had a total return of 2.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.90%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TLMAX | Class A | 0.70% |
Top 10 Holdings
20.45% of assets| Name | Symbol | Weight |
|---|---|---|
| PEFA INC IOWA GAS PROJ REV 5% | IA PEFUTL 09.01.2049 | 2.63% |
| INDIANA ST FIN AUTH ECONOMIC DEV REV 3.85% | IN INSGEN 05.01.2028 | 2.57% |
| MASSACHUSETTS ST DEV FIN AGY REV 3.47% | MA MASDEV 07.01.2049 | 2.15% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY KYSPWR 06.01.2055 | 2.09% |
| NEW YORK N Y 3.6% | NY NYC 10.01.2046 | 1.98% |
| TENNERGY CORP TENN GAS REV 5% | TN TGYPWR 10.01.2054 | 1.84% |
| TRAVIS CNTY TEX HSG FIN CORP MULTIFAMILY HSG REV 4.125% | TX TRAMFH 06.01.2045 | 1.84% |
| LOS ANGELES CALIF DEPT ARPTS REV 5% | CA LOSAPT 5 05.15.2030 | 1.82% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5% | TX HAREDU 5 05.15.2027 | 1.79% |
| KNOXVILLE CNTY TENN HEALTH EDL & HSG FAC BRD MULTIFAMILY HSG REV 3.95% | TN KXVMFH 12.01.2027 | 1.73% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.03293 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03223 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03284 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0321 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03268 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03254 | Nov 29, 2024 |