Weakness in Thornburg CA Limited-Term Muni A's People and Process Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
- NAV / 1-Day Return 12.95 / 0.02 %
- Total Assets 329.1 Mil
Adj. Expense Ratio
- Expense Ratio 0.740%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni Single State Short
- Credit Quality / Interest Rate Sensitivity Medium / Limited
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 1.58%
- Effective Duration 2.88 years
Morningstar’s Analysis LTCAX
Will LTCAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.