Thornburg New York Intermediate Municipal Fund Class I (TNYIX)
| Fund Assets | 28.38M |
| Expense Ratio | 0.67% |
| Min. Investment | $2,500,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.12% |
| Dividend Growth | 4.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 11.96 |
| YTD Return | 0.31% |
| 1-Year Return | 4.44% |
| 5-Year Return | 7.46% |
| 52-Week Low | 11.47 |
| 52-Week High | 12.16 |
| Beta (5Y) | n/a |
| Holdings | 77 |
| Inception Date | Feb 1, 2010 |
About TNYIX
Thornburg New York Intermediate Municipal Fund Class I is an actively managed municipal bond mutual fund focused on delivering tax‑exempt income while prioritizing capital preservation. The strategy invests primarily in investment‑grade obligations issued by New York State, its agencies, and local governments, pursuing an intermediate interest‑rate profile to temper price volatility relative to long‑term bond portfolios. The portfolio typically employs a laddered maturity structure within the intermediate range, aiming for diversified exposure across New York revenue and general obligation issuers and maintaining high overall credit quality. Income is generally exempt from federal, New York State, and New York City individual income taxes, with a limited portion potentially subject to the federal alternative minimum tax depending on holdings. As part of the Muni New York Intermediate category, the fund targets duration and maturity characteristics consistent with 4–6 year durations and 5–12 year average maturities, aligning with investors who seek state‑specific tax efficiency and risk control. The fund’s role in the market is to provide a core, high‑quality municipal allocation for New York taxpayers, managed against broad municipal benchmarks and emphasizing steady tax‑advantaged income over time.
Performance
TNYIX had a total return of 4.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.43%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03349 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03419 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03332 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03349 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0344 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03473 | Oct 31, 2025 |