Thornburg Intermediate Municipal Fund

Key Portfolio Attributes as of

Fund Assets $1.1 B
Number of Bonds 459
Average Effective Maturity 9.3 Yrs
Effective Duration 4.7 Yrs
Subject to Alternative Minimum Tax 2.7%

Credit Quality Breakdown as of

AAA
3.0%
AA
45.8%
A
40.0%
BBB
6.8%
Below Invest. Grade
0.5%
Not Rated
3.2%
Cash & Cash Equivalents
0.9%
The percentages may not add up to 100 due to rounding.

Current Portfolio Maturity Ladder as of

Cash
0.9%
Year 1-2
8.9%
Year 3-4
9.5%
Year 5-6
10.3%
Year 7-8
14.0%
Year 9-10
9.9%
Year 11-12
14.6%
Year 13-14
10.2%
Year 15-16
8.9%
Year 17+
12.8%
Percent of portfolio maturing in each year. The percentages may not add up to 100% due to rounding and can vary over time. Cash includes cash equivalents.

TOP TEN U.S. STATES as of

  1. Illinois
    10.4%
  2. Texas
    8.6%
  3. Pennsylvania
    8.0%
  4. Florida
    6.5%
  5. Ohio
    5.5%
  6. California
    5.3%
  7. New Jersey
    4.9%
  8. New York
    4.3%
  9. Washington
    4.2%
  10. Georgia
    3.3%

Top Ten Municipal Sectors as of

Hospital
12.2%
Prerefunded / Escrow to Maturity
9.1%
Dedicated Tax
8.7%
Appropriation
7.9%
Gas
7.5%
Local General Obligation
7.0%
Other Transportation
5.6%
School District General Obligation
5.6%
Public Power
5.5%
Water/Sewer
5.5%

Top Ten Positions as of

% OF PORTFOLIO
Kentucky Public Energy Authority 1.8%
State of North Carolina 1.2%
New Jersey Transportation Trust Fund Authority 1.1%
Commonwealth of Massachusetts 1.0%
Metropolitan Transportation Authority 1.0%
Lower Colorado River Authority 0.9%
Clark County School District 0.9%
Central Plains Energy Project 0.9%
Metropolitan Transportation Authority 0.8%
Northern California Energy Authority 0.8%
Portfolio holdings are subject to change.
Important Information