Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Thornburg Ultra Short Income A TLDAX
- NAV / 1-Day Return 12.20 / +0.01 %
- Total Assets 251.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.500%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 5.02%
- Effective Duration 0.49 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:23 PM GMT+0
Morningstar’s Analysis TLDAX
Will TLDAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Thornburg Capital Management | 6.32 | 16.7 Mil | — |
United States Treasury Bills 0% | 2.17 | 5.7 Mil | Government |
United States Treasury Bills 0% | 1.88 | 5.0 Mil | Government |
Cash & Cash Equivalents | 1.61 | 4.3 Mil | Cash and Equivalents |
United States Treasury Bills 0% | 1.53 | 4.0 Mil | Government |
United States Treasury Bills 0% | 1.29 | 3.4 Mil | Government |
United States Treasury Notes 4.25% | 1.12 | 3.0 Mil | Government |
United States Treasury Notes 1.75% | 1.12 | 3.0 Mil | Government |
United States Treasury Notes 2.125% | 1.12 | 3.0 Mil | Government |
United States Treasury Bills 0.01% | 1.11 | 2.9 Mil | Government |