Thornburg Limited Term U.S. Government invests in lower-yielding government-backed fare, and though its process is sensible, its dedicated resources are thinner relative to more robustly staffed peers in the short government Morningstar Category. Its cheaper share classes retain their Morningstar Analyst Rating of Neutral while its more expensive are rated Negative.
Will LTUCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LTUCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LTUCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of LTUCX’s parent organization’s priorities and whether they’re in line with investors’ interests.