Fed Walks the Line on Rates, Steps into Repo Market

Before investing, carefully consider the Fund’s investment goals, risks, charges, and expenses. For a prospectus or summary prospectus containing this and other information, contact your financial advisor or visit thornburg.com. Read them carefully before investing.
Please see our glossaryglossary (www.thornburg.com/glossary) for a definition of terms.
Thornburg mutual funds are distributed by Thornburg Securities Corporation.