Skip to Content
Morningstar

Thornburg Strategic Income R4 TSRIX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 11.19  /  −0.43 %
  • Total Assets 8.3 Bil
  • Adj. Expense Ratio
    1.250%
  • Expense Ratio 1.250%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.99%
  • Effective Duration 3.46 years

USD | NAV as of Apr 15, 2024 | 1-Day Return as of Apr 15, 2024, 10:17 PM GMT+0

Morningstar’s Analysis TSRIX

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

  • People Pillar

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

A smooth ride.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

Thornburg Strategic Income is managed by a small but experienced group of investors. Their risk-conscious, relative-value approach has generated impressive results over time without excessive credit or rate risk. The fund’s Process Pillar has been upgraded to Above Average from Average.

by Brian Moriarty
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings TSRIX

More TSRIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.875%

7.41 600.3 Mil
Government

Thornburg Capital Management

6.26 507.0 Mil
—

United States Treasury Notes 2.75%

2.01 163.1 Mil
Government

Fnma Pass-Thru I 2.5%

1.57 126.8 Mil
Securitized

Cash & Cash Equivalents

1.48 120.0 Mil
Cash and Equivalents

Fnma Pass-Thru I 3%

1.39 112.4 Mil
Securitized

United States Treasury Bonds 1.75%

1.30 105.6 Mil
Government

Federal Home Loan Mortgage Corp. 3%

1.25 101.4 Mil
Securitized

Federal Home Loan Mortgage Corp. 2.5%

1.10 89.5 Mil
Securitized

United States Treasury Notes 1.25%

0.94 76.0 Mil
Government