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Morningstar

Thornburg NY Intermediate Municipal I TNYIX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 12.03  /  +0.02 %
  • Total Assets 25.5 Mil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni New York Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2.5 Mil
  • Status Open
  • TTM Yield 3.03%
  • Effective Duration 4.56 years

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

Morningstar’s Analysis TNYIX

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

  • People Pillar

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

Weakness in Thornburg NY Intermediate Municipal I's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

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
Rated on Published on

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Portfolio Holdings TNYIX

More TNYIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 40.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4%

5.44 1.4 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

4.22 1.1 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

4.07 1.0 Mil
municipal

HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 5%

4.03 1.0 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

3.95 1.0 Mil
municipal

SALES TAX ASSET RECEIVABLE CORP N Y 5%

3.91 1.0 Mil
municipal

NASSAU CNTY N Y SWR & STORM WTR FIN AUTH SYS REV 5%

3.90 1.0 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5%

3.89 1.0 Mil
municipal

NEW YORK N Y 5%

3.89 1.0 Mil
municipal

NEW YORK N Y 5%

3.37 866,353
municipal