Thornburg Strategic Municipal Income Fund Class A (TSSAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

13.88

0.00 (0.00%)

At close: Aug 21, 2026

1.02% (1Y)

Fund Assets	428.17M
Expense Ratio	0.75%
Min. Investment	$5,000
Turnover	n/a
Dividend (ttm)	0.55
Dividend Yield	3.98%
Dividend Growth	7.83%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	13.88
YTD Return	1.10%
1-Year Return	5.07%
5-Year Return	5.90%
52-Week Low	13.73
52-Week High	14.20
Beta (5Y)	0.05
Holdings	331
Inception Date	Apr 1, 2009

About TSSAX

Thornburg Strategic Municipal Income Fund Class A is an actively managed municipal bond mutual fund designed to deliver a high level of current income that is generally exempt from federal individual income tax. The fund primarily invests in a diversified portfolio of tax-exempt obligations issued by U.S. states, local governments, and their agencies, with an intermediate interest-rate profile typical of the muni national intermediate category. It seeks to balance income and risk through broad sector and geographic diversification across the municipal market, targeting effective durations in the intermediate range while managing credit quality and call features. The strategy is benchmarked to widely followed municipal bond indices and is overseen by a team of portfolio managers who allocate across revenue and general obligation bonds, essential services, healthcare, transportation, and other public-purpose sectors. Within the municipal bond landscape, the fund’s role is to provide tax-efficient income and core fixed income exposure for investors seeking federally tax-exempt distributions, while maintaining a focus on risk-adjusted returns consistent with intermediate-term municipal securities.

Fund Family Thornburg

Category Muni National Interm

Performance Rating Above Average

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol TSSAX

Share Class Class A

Index ICE BofA Municipal Master TR

Performance

TSSAX had a total return of 5.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.85%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TSSIX	Class I	0.50%
TSSIX	Class I	0.50%
TSSAX	Class A	0.75%
TSSCX	Class C	1.10%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.04638	Jul 31, 2026
Jun 30, 2026	$0.04633	Jun 30, 2026
May 29, 2026	$0.04662	May 29, 2026
Apr 30, 2026	$0.04704	Apr 30, 2026
Mar 31, 2026	$0.04643	Mar 31, 2026
Feb 27, 2026	$0.04636	Feb 27, 2026

Full Dividend History