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Morningstar

Thornburg Limited Term Income Instl THIIX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 12.91  /  +0.19 %
  • Total Assets 6.3 Bil
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.490%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2.5 Mil
  • Status Open
  • TTM Yield 3.79%
  • Effective Duration 3.46 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis THIIX

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

  • People Pillar

    The People Pillar is our evaluation of the THIIX 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 THIIX’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 Instl to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings THIIX

More THIIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thornburg Capital Management

10.25 677.6 Mil
—

United States Treasury Notes 2.75%

5.89 389.4 Mil
Government

United States Treasury Notes 0.125%

1.85 122.2 Mil
Government

United States Treasury Bonds 1.75%

1.59 105.3 Mil
Government

Federal Home Loan Mortgage Corp. 2.5%

1.59 105.1 Mil
Securitized

United States Treasury Notes 0.125%

1.58 104.8 Mil
Government

Fnma Pass-Thru I 3%

1.57 104.0 Mil
Securitized

United States Treasury Notes 3.5%

1.06 69.9 Mil
Government

United States Treasury Notes 0.125%

0.80 52.8 Mil
Government

RATE MORTGAGE TRUST 2022-J1 2.5%

0.61 40.4 Mil
Securitized