The small but well-coordinated team driving Thornburg Limited Term Income continues to offer a sensible option for short-dated fixed-income exposure, at the right price. The strategy’s cheaper share classes retain their Morningstar Analyst Rating of Bronze, while its more expensive receive a downgrade to Neutral.
Will THRLX 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 THRLX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the THRLX 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 THRLX’s parent organization’s priorities and whether they’re in line with investors’ interests.