TSIIEAH ID
Thornburg Strategic Income Fund (UCITS)
Fund Assets
$85.7 M
As of 30 Jun 2026
NAV
€10.14
As of 17 Jul 2026
Change
€0.01
As of 17 Jul 2026
YTD NAV Performance
0.40%
As of 17 Jul 2026
Asset Category:
Global Fixed Income
Fund Benchmark:
Bloomberg U.S. Universal Index
Portfolio Managers
Portfolio Manager and Managing Director
Head of Fixed Income, Portfolio Manager and Managing Director
Portfolio Manager and Managing Director
All share classes may not be available in all jurisdictions.
Overview
Fund Facts
Fund Facts
(As of 30 Jun 2026)Net Fund Assets
$85.7 M
Benchmark
Bloomberg U.S. Universal Index
Morningstar Category
EAA Fund Global Flexible Bond
Distribution Frequency
N/A
SFDR
Article 8
Share Class
I Acc EUR Hedged
Share Class Inception Date
29 Aug 2025
Fund Inception Date
28 Dec 2018
Bloomberg Ticker
TSIIEAH ID
ISIN
IE000T1A7J09
Cusip
G8850N379
SEDOL
0T1A7J0
Characteristics
Characteristics
Portfolio
(As of 30 Jun 2026)Portfolio
Benchmark
Number of Holdings
435
—
Effective Duration
4.1 Yrs
5.6 Yrs
Average Effective Maturity
5.0 Yrs
7.9 Yrs
Portfolio
Benchmark
Weighted Average Coupon
4.2%
4.1%
Yield to Worst
5.4%
4.9%
Risk & Return Profile
Risk & Return Profile
(As of 30 Jun 2026)3y
5y
Annualized Alpha (%)
2.68
2.21
Beta
0.65
0.66
R-Squared (%)
97.13
90.50
Standard Deviation (%)
3.49
4.33
Sharpe Ratio
0.28
-0.26
Information Ratio
0.59
0.85
Tracking Error (%)
1.92
2.47
Up Capture (%)
84.28
78.75
Down Capture (%)
47.98
52.03
Portfolio
Portfolio
Top Holdings
(As of 31 May 2026)Name
Ticker/Symbol
Weight %
United States Treasury Strip Coupon
912834MT2
6.3
Ginnie Mae II Pool
36179W7K8
1.6
United States Treasury Note/Bond
912810TA6
1.4
Freddie Mac Pool
3132DU5J2
1.1
United States Treasury Inflation Indexed Bonds
912810UH9
0.8
Ginnie Mae II Pool
36179WR34
0.8
United States Treasury Inflation Indexed Bonds
91282CPU9
0.7
Fannie Mae Pool
3140Q0DR0
0.6
United States Treasury Inflation Indexed Bonds
91282CML2
0.5
New Residential Mortgage Loan Trust 2018-RPL1
64829VAD8
0.5
Exposure Breakdown
Exposure Breakdown
(As of 30 Jun 2026)Sector Allocation
Fund (%)
Corporate Bond
46.2
Collateralized Mortgage Obligation
17.6
Treasury Domestic
10.7
Mortgage Passthrough
8.0
Asset Backed Securities
7.8
Short-Term Investments, Other Assets & Liabilities
4.4
Commercial Mortgage Backed Security
1.4
Treasury-Foreign
1.4
Loan Participation
1.3
Preferred Stock
1.1
Municipals
0.0
Currency Forward
0.0
Top 10 Countries
Fund (%)
United States
86.8
Canada
2.2
United Kingdom
1.3
Saudi Arabia
1.0
Mexico
1.0
France
1.0
Australia
0.6
Germany
0.6
Bermuda
0.5
Italy
0.5
Credit Quality
Fund (%)
U.S. Government
25.9
AAA
12.9
AA
2.5
A
10.4
BBB
26.1
BB
12.9
B
2.4
CCC
0.1
Not Rated
2.3
Short-Term Investments, Other Assets & Liabilities
4.4
Maturity
Fund (%)
Year 1
16.1
Year 2
12.6
Year 3
12.0
Year 4
10.4
Year 5
9.3
Year 6
7.8
Year 7
4.7
Year 8
3.3
Year 9
1.9
Year 10+
17.4
Short-Term Investments, Other Assets & Liabilities
4.4
Portfolio Managers
Portfolio Managers
Lon Erickson, CFA
Portfolio Manager and Managing Director
Lon Erickson is a portfolio manager for Thornburg Investment Management. He joined Thornburg in 2008 and was named a managing director and was promoted to portfolio manager in 2010. Prior to joining Thornburg Investment Management, Lon spent almost 11 years as an analyst for State Farm Insurance in the equity and corporate bond departments. Lon earned a bachelor’s degree in…
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Christian Hoffmann, CFA
Head of Fixed Income, Portfolio Manager and Managing Director
Christian Hoffmann is head of fixed income and a portfolio manager for Thornburg Investment Management. He joined the firm in 2012 as a fixed income analyst and was promoted to associate portfolio manager in 2014. Christian was named a managing director in 2017, was promoted to portfolio manager in 2018, and to head of fixed income in 2024. Prior to…
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Ali Hassan, CFA, FRM
Portfolio Manager and Managing Director
Ali Hassan is a portfolio manager for Thornburg Investment Management. He joined the firm in 2013 as a fixed income analyst, became senior fixed income analyst in 2017 and was promoted to portfolio manager in 2021. Ali graduated from Stanford University with a BA in economics and a BS in mathematical & computational science. Prior to his joining Thornburg, Ali…
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