Thornburg Short Duration Municipal Fund I (TLMIX)
11.94
0.00 (0.00%)
USD |
Dec 26 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.50% | 110.05M | -- | 55.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -8.023M | 3.82% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from federal income tax, consistent with preservation of capital. The Fund invests principally in a laddered maturity portfolio of municipal obligations issued by states and state agencies, local governments and their agencies and by certain United States territories and possessions. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Thornburg |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
37
-56.13M
Peer Group Low
377.89M
Peer Group High
1 Year
% Rank:
67
-8.023M
-417.30M
Peer Group Low
2.524B
Peer Group High
3 Months
% Rank:
74
-125.57M
Peer Group Low
1.137B
Peer Group High
3 Years
% Rank:
43
-4.573B
Peer Group Low
2.656B
Peer Group High
6 Months
% Rank:
77
-243.32M
Peer Group Low
1.714B
Peer Group High
5 Years
% Rank:
40
-5.797B
Peer Group Low
4.370B
Peer Group High
YTD
% Rank:
77
-405.63M
Peer Group Low
2.372B
Peer Group High
10 Years
% Rank:
47
-4.876B
Peer Group Low
5.354B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 27, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | -0.00% |
| Stock | 0.00% |
| Bond | 98.54% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.46% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| PEFA INC IOWA GAS PROJ REV IA 5.000 09/01/2049 | 2.77% | 101.05 | -0.01% |
| MASSACHUSETTS ST DEV FIN AGY REV MA 3.860 07/01/2049 | 2.28% | 100.08 | 0.00% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 5.250 06/01/2055 | 2.24% | 105.89 | -0.01% |
| LOS ANGELES CALIF DEPT ARPTS ARPT REV CA 5.000 05/15/2030 | 2.00% | 108.82 | -0.01% |
| TENNERGY CORP TENN GAS REV TN 5.000 10/01/2054 | 1.98% | 105.44 | -0.01% |
| TRAVIS CNTY TEX HSG FIN CORP MULTIFAMILY HSG REV TX 4.125 06/01/2045 | 1.94% | 100.05 | 0.00% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV TX 5.000 05/15/2027 | 1.88% | 102.89 | -0.02% |
| KNOX CNTY TENN HEALTH EDL & HSG FAC BRD MULTIFAMILY HSG REV TN 12/01/2027 | 1.83% | 99.73 | 0.00% |
| CHATOM ALA INDL DEV BRD REV AL 08/01/2037 | 1.82% | -- | -- |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 04/01/2031 | 1.72% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.27% |
| Administration Fee | 93.44K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2.50M None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from federal income tax, consistent with preservation of capital. The Fund invests principally in a laddered maturity portfolio of municipal obligations issued by states and state agencies, local governments and their agencies and by certain United States territories and possessions. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Thornburg |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-24-25) | 3.26% |
| 30-Day SEC Yield (10-31-25) | 2.80% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 128 |
| Bond | |
| Yield to Maturity (10-31-25) | 3.13% |
| Effective Duration | -- |
| Average Coupon | 4.39% |
| Calculated Average Quality | 2.663 |
| Effective Maturity | 11.85 |
| Nominal Maturity | 13.14 |
| Number of Bond Holdings | 125 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 12/30/2013 |
| Share Classes | |
| TLMAX | A |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:TLMIX", "name") |
| Broad Asset Class: =YCI("M:TLMIX", "broad_asset_class") |
| Broad Category: =YCI("M:TLMIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TLMIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |