Morningstar

Thornburg Limited Term Municipal Fund Class C2 LTMQX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Thornburg Investment Hub
  • NAV / 1-Day Return $13.19  /  −0.08 %
  • Fund Size $2.0B
  • Adjusted Expense Ratio 1.320%
  • Net Expense Ratio 1.240%
  • Fee Level: Distribution Average
  • Share Class Type Level Load
  • Morningstar Category Muni National Short
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 2.85%
  • Average Effective Duration 4.43 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis LTMQX

Will LTMQX 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 LTMQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LTMQX 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 LTMQX’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 Municipal C2 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 LTMQX

More LTMQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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

1.97 41M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

1.96 41M
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

1.46 30M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

1.44 30M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

1.29 27M
municipal

ILLINOIS ST 5%

1.28 26M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

1.28 26M
municipal

TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJ REV 5%

1.23 25M
municipal

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

1.13 23M
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 3%

1.10 23M
municipal

Sponsor Center