Morningstar

Thornburg Ultra Short Income Fund Class I TLDIX

Morningstar Medalist Rating
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Medalist Rating as of See Thornburg Investment Hub
  • NAV / 1-Day Return $12.12  /  0.00
  • Fund Size $254.5M
  • Adjusted Expense Ratio 0.350%
  • Net Expense Ratio 0.300%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Ultrashort Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $3M
  • Investment Status Open
  • TTM Yield 4.29%
  • Average Effective Duration 0.50 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis TLDIX

Will TLDIX outperform in the 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 TLDIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Thornburg Ultra Short Income I holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings TLDIX

More TLDIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thornburg Capital Management

5.81 14M
—

United States Treasury Notes 1.25%

3.38 8M
Government

Americredit Automobile Receivables Trust 2018-3 5.84%

1.07 3M
Securitized

Onemain Direct Auto Receivables Tst 5.41%

1.04 3M
Securitized

CDW LLC / CDW Finance Corp 2.67%

1.03 3M
Corporate

United States Treasury Notes 4.25%

1.01 2M
Government

Alcon Finance Corp 2.75%

1.01 2M
Cash and Equivalents

The Campbells Co. 4.18%

0.91 2M
Cash and Equivalents

SFS AUTO RECV SEC TR 2023-1 5.71%

0.86 2M
Securitized

OCCU AUTO REC TR 2022-1 5.69%

0.83 2M
Securitized

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