Morningstar

Thornburg Limited Term Municipal Fund Class A LTMFX

Medalist Rating as of Sep 30, 2026 See Thornburg Investment Hub

Strategy

The investment seeks to obtain as high a level of current income exempt from federal individual income tax as is consistent, in the view of the fund's investment advisor, with preservation of capital; to reduce expected changes in its share price compared to longer intermediate and long-term bond portfolios is the secondary objective. The fund pursues its primary goal by investing principally in a laddered maturity portfolio of municipal obligations issued by states and state agencies, local governments and their agencies and by United States territories and possessions.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LTMIX	Thornburg Limited Term Municipal Fund Class I	Institutional	Open			Jul 5, 1996	$1.58B	0.530%	High	$3M	−$103.36M
LTMFX	Thornburg Limited Term Municipal Fund Class A	Front Load	Open			Sep 28, 1984	$398.44M	0.780%	High	$1,000	−$51.63M
LTMCX	Thornburg Limited Term Municipal Fund Class C	Level Load	Open			Sep 1, 1994	$19.08M	1.080%	Low	$1,000	−$9.12M
LTMQX	Thornburg Limited Term Municipal Fund Class C2	Level Load	Open			Sep 30, 2020	$1.53M	1.320%	Average	$1,000	−$631,693.98

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