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Morningstar

Thornburg Limited Term US Government I LTUIX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 11.60  /  +0.11 %
  • Total Assets 151.6 Mil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 2.5 Mil
  • Status Open
  • TTM Yield 2.80%
  • Effective Duration 4.19 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

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.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

Thornburg Limited Term U.S. Government’s small but experienced team implements a sensible relative-value process.

by Brian Moriarty
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Portfolio Holdings LTUIX

More LTUIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.125%

5.51 8.8 Mil
Government

Fnma Pass-Thru I 3%

3.79 6.0 Mil
Securitized

Cash & Cash Equivalents

3.21 5.1 Mil
Cash and Equivalents

United States Treasury Notes 3.375%

3.08 4.9 Mil
Government

FARM MORTGAGE TRUST 2.18%

2.10 3.4 Mil
Securitized

United States Treasury Notes 0.125%

2.09 3.3 Mil
Government

Caledonia Generating LLC 1.95%

1.88 3.0 Mil
Securitized

Fnma Pass-Thru I 2%

1.87 3.0 Mil
Securitized

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 3.136%

1.84 2.9 Mil
Securitized

Federal Home Loan Mortgage Corp. 3.35%

1.79 2.9 Mil
Securitized