Thornburg Limited Term Municipal Fund Class C is an actively managed municipal bond mutual fund focused on delivering income that is generally exempt from regular federal income tax while emphasizing capital preservation and lower share-price volatility. The strategy primarily invests in short- to intermediate‑maturity municipal securities across U.S. states and sectors, maintaining a limited interest‑rate sensitivity profile consistent with the Muni National Short category. The portfolio typically holds a diversified mix of revenue and general obligation bonds, with notable exposure to essential-service revenue issuers such as transportation and energy-related municipal utilities. The fund measures results against the ICE BofA 1–10 Year U.S. Municipal Securities Index and distributes income monthly. Key characteristics highlighted by the manager include a conservative effective duration target and broad state and sector diversification to help moderate drawdowns relative to longer-duration municipal strategies. Class C shares carry higher ongoing distribution and service fees and may be subject to a contingent deferred sales charge on recent redemptions, as detailed in the fund’s summary prospectus and disclosures.
Based on technical indicators and chart patterns, LTMCX shows...
Market sentiment analysis indicates...