TSSIX – Thornburg Strategic Municipal Income I Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income exempt from federal individual income tax. The fund invests principally in a portfolio of municipal obligations issued by states and state agencies, local governments and their agencies, and by United States territories and possessions. It invests in obligations and participations in obligations of any credit quality. The fund may invest in municipal obligations of any maturity, but seeks to maintain a portfolio of investments having a dollar-weighted average effective duration of normally one to ten years.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TSSIX	Thornburg Strategic Municipal Income Fund Class I	Institutional	Open			Apr 1, 2009	$352.18M	0.500%	Average	$3M	$67.78M
TSSAX	Thornburg Strategic Municipal Income Fund Class A	Front Load	Open			Apr 1, 2009	$60.98M	0.750%	Average	$1,000	−$1.38M
TSSCX	Thornburg Strategic Municipal Income Fund Class C	Level Load	Open			Apr 1, 2009	$3.56M	1.100%	Low	$1,000	$176,264.25

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