Morningstar

Thornburg Limited Term Municipal Fund Class A LTMFX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 13.57  /  0.00
  • Total Assets 2.1B
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 0.780%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 3.23%
  • Effective Duration 3.45 years

USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis LTMFX

Will LTMFX outperform in the 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 LTMFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LTMFX 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 LTMFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Thornburg Limited-Term Muni A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LTMFX

More LTMFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

2.04 43M
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP III GAS SUPPLY REV 5%

1.96 41M
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

1.42 30M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

1.42 30M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

1.32 28M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

1.27 27M
municipal

ILLINOIS ST 5%

1.26 27M
municipal

PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 3.4%

1.24 26M
municipal

TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5%

1.21 26M
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP III GAS SUPPLY REV 5%

1.13 24M
municipal

Sponsor Center