Thornburg Short Duration Municipal Fund I (TLMIX)
11.92
0.00 (0.00%)
USD |
Apr 10 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.50% | 94.29M | -- | 55.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -23.84M | 3.62% |
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:
84
-141.20M
Peer Group Low
179.78M
Peer Group High
1 Year
% Rank:
86
-23.84M
-503.12M
Peer Group Low
2.658B
Peer Group High
3 Months
% Rank:
80
-202.80M
Peer Group Low
641.38M
Peer Group High
3 Years
% Rank:
53
-2.025B
Peer Group Low
3.522B
Peer Group High
6 Months
% Rank:
82
-287.06M
Peer Group Low
1.563B
Peer Group High
5 Years
% Rank:
40
-6.850B
Peer Group Low
4.426B
Peer Group High
YTD
% Rank:
80
-202.80M
Peer Group Low
641.38M
Peer Group High
10 Years
% Rank:
49
-4.671B
Peer Group Low
6.087B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 13, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | -0.01% |
| Stock | 0.00% |
| Bond | 96.42% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 3.58% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Other Assets less Liabilities
|
3.58% | -- | -- |
| PEFA INC IOWA GAS PROJ REV IA 5.000 09/01/2049 | 2.73% | 100.94 | -0.01% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 5.250 06/01/2055 | 2.20% | 106.10 | -0.01% |
| LOS ANGELES CALIF DEPT ARPTS ARPT REV CA 5.000 05/15/2030 | 1.99% | 108.20 | -0.38% |
| NEW YORK N Y NY 3.500 06/01/2044 | 1.99% | 100.00 | 0.00% |
| TENNERGY CORP TENN GAS REV TN 5.000 10/01/2054 | 1.94% | 106.36 | -0.01% |
| TRAVIS CNTY TEX HSG FIN CORP MULTIFAMILY HSG REV TX 4.125 06/01/2045 | 1.91% | 100.05 | 0.00% |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE INDL DEV REV MS 3.550 11/01/2035 | 1.89% | 100.00 | 0.00% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV TX 5.000 05/15/2027 | 1.85% | 102.51 | -0.02% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 04/01/2031 | 1.70% | 104.29 | -0.00% |
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 (4-9-26) | 3.23% |
| 30-Day SEC Yield (2-28-26) | 2.52% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 124 |
| Bond | |
| Yield to Maturity (1-31-26) | 3.00% |
| Effective Duration | -- |
| Average Coupon | 4.26% |
| Calculated Average Quality | 2.630 |
| Effective Maturity | 12.04 |
| Nominal Maturity | 13.45 |
| Number of Bond Holdings | 117 |
As of January 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 12/30/2013 |
| Last Annual Report Date | 9/30/2025 |
| Last Prospectus Date | 2/1/2025 |
| Share Classes | |
| TLMAX | A |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| 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. |