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Morningstar

Thornburg Limited Term US Government I LTUIX

Morningstar Analyst Rating
Analyst rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 11.86  /  0.50 %
  • Total Assets 207.5 Mil
  • Adj. Expense Ratio
    0.620%
  • Expense Ratio 0.610%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High / Limited
  • Min. Initial Investment 2,500,000
  • Status Open
  • TTM Yield 2.02%
  • Effective Duration 3.87 years

USD | NAV as of Feb 06, 2023 | 1-Day Return as of Feb 06, 2023, 11:32 PM GMT+00:00

Morningstar’s Analysis LTUIX

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

People Pillar

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

A government fund packed with mortgage bonds.

Senior Analyst

Summary

| by Peter Marchese

Thornburg Limited Term U.S. Government’s small, but experienced, team implements a sensible relative-value process. Its cheapest share classes retain their Morningstar Analyst Rating of Neutral while its more expensive shares are rated Negative.

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