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Thornburg CA Limited-Term Muni A LTCAX

Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 12.92  /  −0.07 %
  • Total Assets 272.8 Mil
  • Adj. Expense Ratio
    0.740%
  • Expense Ratio 0.740%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Short
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 2.53%
  • Effective Duration 3.22 years

USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0

Morningstar’s Analysis LTCAX

Will LTCAX outperform in future?

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

Weakness in Thornburg CA Limited-Term Muni A's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

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Portfolio Holdings LTCAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 20.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

2.86 7.5 Mil
municipal

SANTA CLARA CNTY CALIF FING AUTH LEASE REV 5%

2.64 6.9 Mil
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5%

2.33 6.1 Mil
municipal

BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2.95%

2.11 5.5 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

2.01 5.3 Mil
municipal

POWAY CALIF REDEV AGY SUCCESSOR AGY TAX ALLOCATION 5%

1.83 4.8 Mil
municipal

LOS ANGELES CALIF 5%

1.80 4.7 Mil
municipal

LOS ANGELES CALIF UNI SCH DIST 5%

1.77 4.6 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

1.73 4.5 Mil
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.71 4.5 Mil
municipal