Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Thornburg Strategic Municipal Income C TSSCX
- NAV / 1-Day Return 13.94 / −0.13 %
- Total Assets 306.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.280%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 2.88%
- Effective Duration 5.67 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:18 PM GMT+0
Morningstar’s Analysis TSSCX
Will TSSCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 13.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | 1.77 | 5.5 Mil | municipal |
PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | 1.74 | 5.4 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | 1.40 | 4.3 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 3.4% | 1.34 | 4.1 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | 1.28 | 3.9 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | 1.27 | 3.9 Mil | municipal |
CHICAGO ILL 6% | 1.13 | 3.5 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | 1.04 | 3.2 Mil | municipal |
ILLINOIS ST 5% | 1.03 | 3.2 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5% | 1.01 | 3.1 Mil | municipal |