Thornburg Strategic Municipal Income Fund Class I (TSSIX)
| Fund Assets | 402.17M |
| Expense Ratio | 0.59% |
| Min. Investment | $2,500,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 3.99% |
| Dividend Growth | 6.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 14.15 |
| YTD Return | 1.06% |
| 1-Year Return | 5.03% |
| 5-Year Return | 6.51% |
| 52-Week Low | 13.01 |
| 52-Week High | 14.16 |
| Beta (5Y) | n/a |
| Holdings | 311 |
| 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 5.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.91%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04837 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04814 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04808 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04816 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04836 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04814 | Aug 29, 2025 |