Thornburg Limited Term U.S. Government invests in AAA-rated, lower-yielding government-backed bonds. It is supported by a small but experienced team of managers in this sector of the bond market who implement a sensible relative-value process. Its cheapest share classes retain their Morningstar Analyst Ratings of Neutral, while its more-expensive shares are rated Negative.
Will LTUSX 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 LTUSX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LTUSX 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 LTUSX’s parent organization’s priorities and whether they’re in line with investors’ interests.