Thornburg Strategic Municipal Income I (TSSIX)
| Fund Assets | 374.51M |
| Expense Ratio | 0.59% |
| Min. Investment | $2,500,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 3.88% |
| Dividend Growth | 4.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 14.09 |
| YTD Return | 1.70% |
| 1-Year Return | 1.97% |
| 5-Year Return | 5.40% |
| 52-Week Low | 13.46 |
| 52-Week High | 14.32 |
| Beta (5Y) | n/a |
| Holdings | 308 |
| Inception Date | Apr 1, 2009 |
About TSSIX
Thornburg Strategic Municipal Income Fund Class I is an actively managed municipal bond mutual fund designed to deliver a high level of current income that is generally exempt from U.S. federal individual income tax. The fund primarily invests in a diversified portfolio of municipal obligations issued by states, local governments, and their agencies, as well as U.S. territories and possessions. It is positioned within the muni national intermediate category, emphasizing intermediate interest-rate sensitivity and broad geographic exposure across revenue and general obligation bonds that finance public projects such as transportation, utilities, healthcare, and education. The strategy employs research-driven security selection and duration management, benchmarking performance against the ICE BofA U.S. Municipal Securities Index to gauge relative risk and return characteristics. By focusing on tax-exempt income and a national opportunity set, Thornburg Strategic Municipal Income Fund Class I plays a role in investors’ core fixed income allocations, offering potential diversification benefits, tax-efficient cash flows, and exposure to the credit dynamics of the U.S. municipal market.
Performance
TSSIX had a total return of 1.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.03%.
Top 10 Holdings
12.27% of assets| Name | Symbol | Weight |
|---|---|---|
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.85% | TX.PPATRN 04.01.2040 | 1.68% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | KY.KYSPWR 08.01.2052 | 1.46% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 04.01.2054 | 1.42% |
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 10.01.2054 | 1.40% |
| CHARLOTTE-MECKLENBERG HOSP AUTH N C HEALTH CARE SYS REV 2.85% | NC.CHAMED 01.15.2037 | 1.24% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 1.16% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 5 05.15.2036 | 1.02% |
| TARRANT CNTY TEX HSG FIN CORP MULTIFAMILY TAX-EXEMPT BDS 4.6% | TX.TARMFH 4.6 03.01.2043 | 1.02% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 0.97% |
| CHICAGO ILL 6% | IL.CHI 6 01.01.2038 | 0.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.04814 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04745 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04648 | Jun 30, 2025 |
| May 30, 2025 | $0.04674 | May 30, 2025 |
| Apr 30, 2025 | $0.04585 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04458 | Mar 31, 2025 |