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Morningstar

Thornburg Limited Term Income C THICX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 12.57  /  0.15 %
  • Total Assets 6.6 Bil
  • Adj. Expense Ratio
    0.990%
  • Expense Ratio 0.990%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 2.90%
  • Effective Duration 3.55 years

USD | NAV as of Dec 04, 2023 | 1-Day Return as of Dec 04, 2023, 11:15 PM GMT+0

Morningstar’s Analysis THICX

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

People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Thornburg Limited Term Income C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings THICX

More THICX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 728
  • Other Holdings 14
  • % Assets in Top 10 Holdings 17.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.75%

2.58
167,918,594
Government

United States Treasury Notes 0.125%

2.15
140,364,047
Government

United States Treasury Notes 0.125%

2.00
130,439,592
Government

United States Treasury Notes 3.5%

1.94
126,262,341
Government

United States Treasury Notes 0.125%

1.80
117,299,392
Government

Federal National Mortgage Association 2.5%

1.58
103,081,335
Securitized

Fnma Pass-Thru I 3%

1.57
102,543,283
Securitized

United States Treasury Bonds 1.75%

1.56
101,846,085
Government

United States Treasury Notes 3.875%

1.21
79,160,312
Government

Cash & Cash Equivalents

1.20
78,183,679
Cash and Equivalents