Morningstar

Thornburg Strategic Income Fund Class R5 TSRRX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 11.32  /  −0.09 %
  • Total Assets 10.0B
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Large
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 5.00%
  • Effective Duration 4.45 years

USD | NAV as of Sep 05, 2026 | 1-Day Return as of Sep 05, 2026, 9:47 AM GMT+0

Morningstar’s Analysis TSRRX

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

  • People Pillar

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

Steady as a beating drum.

Principal Brian Moriarty

Brian Moriarty

Principal

Summary

Thornburg Strategic Income continues to offer a steady and compelling ride, despite a manager departure in 2024.

by Brian Moriarty
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Portfolio Holdings TSRRX

More TSRRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.375%

2.66 267M
Government

Thornburg Capital Management

2.33 234M
—

United States Treasury Bonds 1.375%

1.28 129M
Government

United States Treasury Bonds 1.75%

1.11 112M
Government

United States Treasury Bonds 1.125%

0.99 99M
Government

Government National Mortgage Association 3%

0.74 74M
Securitized

United States Treasury Bonds 0.125%

0.62 63M
Government

United States Treasury Bonds 1.125%

0.61 61M
Government

Government National Mortgage Association 3%

0.60 60M
Securitized

United States Treasury Notes 1.875%

0.50 50M
Government

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