Morningstar

Thornburg New Mexico Intermediate Municipal Fund Class I THNIX

Medalist Rating as of Aug 31, 2026 See Thornburg Investment Hub

Strategy

The investment seeks to obtain as high a level of current income exempt from federal and New Mexico state individual income taxes as is consistent, in the view of the fund’s investment advisor, with preservation of capital; to reduce expected changes in its share price compared to long-term bond portfolios is the secondary objective. The fund pursues its primary goal by investing principally in a laddered maturity portfolio of municipal obligations issued by the State of New Mexico and its agencies, and by New Mexico local governments and their agencies. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
THNIX	Thornburg New Mexico Intermediate Municipal Fund Class I	Institutional	Open			Feb 1, 2007	$50.07M	0.670%	High	$3M	$509,858.82
THNMX	Thornburg New Mexico Intermediate Municipal Fund Class A	Front Load	Open			Jun 18, 1991	$25.69M	0.920%	High	$1,000	−$5.65M
THNDX	Thornburg New Mexico Intermediate Municipal Fund Class D	Level Load	Open			Jun 1, 1999	$4.54M	1.170%	Low	$1,000	−$2.08M

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