TSSIX

About TSSIX

Thornburg Strategic Municipal Income Fund Class I is an actively managed municipal bond mutual fund designed to deliver a high level of current income that is generally exempt from U.S. federal individual income tax. The fund primarily invests in a diversified portfolio of municipal obligations issued by states, local governments, and their agencies, as well as U.S. territories and possessions. It is positioned within the muni national intermediate category, emphasizing intermediate interest-rate sensitivity and broad geographic exposure across revenue and general obligation bonds that finance public projects such as transportation, utilities, healthcare, and education. The strategy employs research-driven security selection and duration management, benchmarking performance against the ICE BofA U.S. Municipal Securities Index to gauge relative risk and return characteristics. By focusing on tax-exempt income and a national opportunity set, Thornburg Strategic Municipal Income Fund Class I plays a role in investors’ core fixed income allocations, offering potential diversification benefits, tax-efficient cash flows, and exposure to the credit dynamics of the U.S. municipal market.