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Morningstar

Thornburg Ultra Short Income I TLDIX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 12.19  /  0.00
  • Total Assets 252.1 Mil
  • Adj. Expense Ratio
    0.300%
  • Expense Ratio 0.300%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2.5 Mil
  • Status Open
  • TTM Yield 5.22%
  • Effective Duration 0.49 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis TLDIX

Will TLDIX 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 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.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Thornburg Ultra Short Income I to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TLDIX

More TLDIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thornburg Capital Management

6.32 16.7 Mil
—

United States Treasury Bills 0%

2.17 5.7 Mil
Government

United States Treasury Bills 0%

1.88 5.0 Mil
Government

Cash & Cash Equivalents

1.61 4.3 Mil
Cash and Equivalents

United States Treasury Bills 0%

1.53 4.0 Mil
Government

United States Treasury Bills 0%

1.29 3.4 Mil
Government

United States Treasury Notes 4.25%

1.12 3.0 Mil
Government

United States Treasury Notes 1.75%

1.12 3.0 Mil
Government

United States Treasury Notes 2.125%

1.12 3.0 Mil
Government

United States Treasury Bills 0.01%

1.11 2.9 Mil
Government