Thornburg Short Duration Municipal Fund Class I (TLMIX)

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	0.493%
Min. Investment	$2,500,000
Turnover	n/a
Dividend (ttm)	0.38
Dividend Yield	3.27%
Dividend Growth	-1.62%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	11.69
YTD Return	0.31%
1-Year Return	0.94%
5-Year Return	7.60%
52-Week Low	11.62
52-Week High	12.01
Beta (5Y)	0.01
Holdings	112
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.

Fund Family Thornburg

Category Muni National Short

Performance Rating Average

Risk Rating Average

Stock Exchange Nasdaq

Ticker Symbol TLMIX

Share Class Class I

Index ICE BofA Municipal 1-3 Year TR

Performance

TLMIX had a total return of 0.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.08%.

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	$0.0324	Sep 30, 2026
Aug 31, 2026	$0.03216	Aug 31, 2026
Jul 31, 2026	$0.03215	Jul 31, 2026
Jun 30, 2026	$0.03201	Jun 30, 2026
May 29, 2026	$0.03218	May 29, 2026
Apr 30, 2026	$0.03261	Apr 30, 2026

Full Dividend History