Thornburg Limited Term U.S. Government Fund is an actively managed mutual fund that primarily invests in high-quality, short- to intermediate-term bonds issued or backed by the U.S. government. Its main objective is to deliver a high level of current income while emphasizing the safety of capital, making it particularly focused on capital preservation and reduced volatility. The fund seeks to minimize fluctuations in share price compared to portfolios with longer durations by targeting securities with shorter maturities and maintaining a limited effective duration. It is benchmarked to indices like the Bloomberg U.S. Government Intermediate Index and operates within the short government bond category, which generally appeals to investors looking for lower interest-rate risk and steady income. Founded in 1987, the fund holds a diversified portfolio of government obligations and related securities, and it is managed with attention to changing interest rate environments and shifts in economic conditions. The Thornburg Limited Term U.S. Government Fund plays a role as a conservative core bond holding for income-focused investors seeking U.S. government-backed security and limited term exposure in their portfolios.
Based on technical indicators and chart patterns, LTUSX shows...
Market sentiment analysis indicates...