Skip to Content
Morningstar

Thornburg Limited Term Income Instl THIIX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 12.66  /  −0.22 %
  • Total Assets 6.4 Bil
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.490%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2.5 Mil
  • Status Open
  • TTM Yield 3.57%
  • Effective Duration 3.53 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis THIIX

Will THIIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable THIIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the THIIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of THIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Thornburg Limited Term Income Instl to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings THIIX

More THIIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thornburg Capital Management

5.52 355.3 Mil
—

United States Treasury Notes 3.875%

4.05 260.7 Mil
Government

United States Treasury Notes 2.75%

2.61 168.3 Mil
Government

United States Treasury Notes 0.125%

1.87 120.6 Mil
Government

Federal Home Loan Mortgage Corp. 2.5%

1.68 108.4 Mil
Securitized

United States Treasury Notes 3.5%

1.67 107.8 Mil
Government

Fnma Pass-Thru I 3%

1.67 107.5 Mil
Securitized

United States Treasury Bonds 1.75%

1.62 104.5 Mil
Government

United States Treasury Notes 0.125%

1.61 103.8 Mil
Government

Cash & Cash Equivalents

1.50 96.7 Mil
Cash and Equivalents