Thornburg Short Duration Municipal Fund Class I (TLMIX)
| Fund Assets | 90.63M |
| Expense Ratio | 0.50% |
| Min. Investment | $2,500,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.23% |
| Dividend Growth | -2.20% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 11.90 |
| YTD Return | 1.28% |
| 1-Year Return | 3.01% |
| 5-Year Return | 8.48% |
| 52-Week Low | 11.86 |
| 52-Week High | 12.01 |
| Beta (5Y) | 0.01 |
| Holdings | 106 |
| Inception Date | Dec 30, 2013 |
About TLMIX
Thornburg Short Duration Municipal Fund Class I is a mutual fund focused primarily on delivering current income that is exempt from federal income tax while maintaining a strong emphasis on capital preservation. The fund invests in a diversified portfolio of short-duration municipal obligations, which includes bonds issued by states, state agencies, local governments, as well as certain U.S. territories and possessions. By concentrating on short maturities, the fund aims to reduce interest rate sensitivity and provide a lower-risk profile relative to longer-term municipal bond funds. Typically, the portfolio is constructed using a laddered maturity approach, helping to balance income generation with stability. Thornburg Short Duration Municipal Fund Class I is suitable for investors seeking tax-advantaged income and conservative municipal exposure. With 130 holdings and a disciplined, active management style, it plays a vital role in the market by offering high-quality, tax-exempt fixed income options that support both individual and institutional portfolios focused on lower duration risk and reliable monthly distributions.
Performance
TLMIX had a total return of 3.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.18%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03201 | Jun 30, 2026 |
| May 29, 2026 | $0.03218 | May 29, 2026 |
| Apr 30, 2026 | $0.03261 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03181 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03198 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03109 | Jan 30, 2026 |