Thornburg New Mexico Intermediate Municipal Fund

SYMBOL: THNMX

Morningstar Rating • Info

Overall Morningstar Rating among 110 Muni Single State Intermediate funds, based on risk-adjusted returns for class A shares, using a weighted average of the funds three-, five-, and ten-year ratings: respectively, 3 stars, 3 stars and 2 stars among 110, 108 and 96 funds, as of 30 Sep 2024.

As of 30 Sep 2024

Fund Assets

$94.5 M

As of 30 Sep 2024

NAV

$12.37

As of 1 Nov 2024

Change

$0.00

As of 1 Nov 2024

YTD NAV Performance

0.67%

As of 1 Nov 2024

Asset Category:

Municipal Bond

Fund Benchmark:

ICE BofA 3-15 Year U.S. Municipal Securities Index

Portfolio Managers

David Ashley, CFA

Portfolio Manager and Managing Director

John Bonnell, CFA

Portfolio Manager and Managing Director

Eve Lando, JD

Portfolio Manager and Managing Director

Overview Performance Fund Facts Characteristics Portfolio Portfolio Managers Literature

Overview

Why Invest in This Fund?

Actively managed diversified portfolio of municipal bonds issued by New Mexico entities with an average maturity of three to 10 years and average duration of four to six years.
Proven bottom-up fundamental approach that employs a relative value framework across sectors, issuers and revenue streams.
Tax-efficient fund seeks to provide New Mexico investors with income that is tax-exempt at the state and federal level while minimizing changes in its share value.

Investment Objective

The fund’s goal is to provide investors with as high a level of current income exempt from federal and New Mexico state individual income taxes as is consistent with preservation of capital. The fund also seeks to reduce share price volatility compared to longer-term bond portfolios.

Investment Approach

The fund is an actively managed diversified portfolio of municipal bonds issued by the state of New Mexico. The investment team aims to match municipal market structure and deal flow through a relative value framework that operates across geography, sectors, issuers and revenue streams. Operating as generalists, team members participate in all key aspects of investment management: credit research, trading, portfolio construction and risk oversight.

Returns

(As of 30 Sep 2024)

YTD

10y

Inception

Total Return with Sales Charge (%)

-0.49

4.71

-0.95

0.16

1.09

3.57

Total Return without Sales Charge (%)

1.57

6.89

-0.29

0.56

1.29

3.63

ICE BofA 3-15 Year U.S. Municipal Securities Index (%)

2.12

8.81

0.32

1.41

2.32

—

Morningstar Category Avg. (%)

2.04

8.86

-0.39

0.67

1.69

—

Morningstar Quartile

—

YTD

10y

Inception

Total Return with Sales Charge (%)

-1.38

4.41

-1.19

-0.04

0.93

3.53

Total Return without Sales Charge (%)

0.66

6.51

-0.53

0.36

1.13

3.59

ICE BofA 3-15 Year U.S. Municipal Securities Index (%)

0.70

8.02

-0.07

1.09

2.13

—

Morningstar Category Avg. (%)

2.04

8.86

-0.39

0.67

1.69

—

Morningstar Quartile

—

YTD

10y

Inception

Total Return with Sales Charge (%)

-0.49

4.71

-2.81

0.79

11.43

220.98

Total Return without Sales Charge (%)

1.57

6.89

-0.86

2.83

13.72

227.63

ICE BofA 3-15 Year U.S. Municipal Securities Index (%)

2.12

8.81

0.95

7.25

25.75

—

YTD

10y

Inception

Total Return with Sales Charge (%)

-1.38

4.41

-3.52

-0.21

9.70

218.11

Total Return without Sales Charge (%)

0.66

6.51

-1.57

1.81

11.95

224.71

ICE BofA 3-15 Year U.S. Municipal Securities Index (%)

0.70

8.02

-0.22

5.57

23.42

—

2018

2019

2020

2021

2022

2023

Total Return with Sales Charge (%)

-0.63

2.37

1.41

-1.93

-8.13

1.87

ICE BofA 3-15 Year U.S. Municipal Securities Index (%)

1.45

7.01

4.96

0.94

-6.64

5.41

Source: Confluence

Periods less than one year are not annualized.

Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate so shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than quoted.

The maximum sales charge for the fund’s A shares is 2.00%. There is no up-front sales charge for class D or I shares.

Morningstar quartile ranking for Muni Single State Interm category is based on total returns before sales charges for 1, 3, 5 and 10 years, among 110, 110, 108 and 96 funds, respectively, as of 30 Sep 2024.

Index not yet incepted.

Share class inception dates: A shares, 18 Jun 1991; D shares, 1 Jun 1999; I shares, 1 Feb 2007.

Fund Fees

(As of 1 Feb 2024)

Gross Expense Ratio (%)

1.02

Net Expense Ratio (%)

0.99

Expense Ratios - Expressed as a percentage of total fund assets and include management fees and operating costs. Expense ratios fluctuate over time and the expense ratio in the prospectus may differ from the actual expense ratio. The fund's total return includes the deduction of expenses.

For more detailed information on fund expenses, please see the fund's prospectus.

Distributions

            Categories,Total ($)
            1991-01-31,0
1991-02-28,0
1991-03-31,0
1991-04-30,0
1991-05-31,0
1991-06-30,0.02275
1991-07-31,0.06915
1991-08-31,0.06966
1991-09-30,0.06921
1991-10-31,0.06243
1991-11-30,0.06235
1991-12-31,0.06396
1992-01-31,0.06205
1992-02-29,0.06018
1992-03-31,0.06157
1992-04-30,0.06167
1992-05-31,0.06017
1992-06-30,0.06056
1992-07-31,0.06070
1992-08-31,0.06021
1992-09-30,0.05876
1992-10-31,0.05792
1992-11-30,0.05775
1992-12-31,0.05729
1993-01-31,0.05542
1993-02-28,0.05305
1993-03-31,0.05450
1993-04-30,0.05322
1993-05-31,0.05186
1993-06-30,0.05017
1993-07-31,0.05182
1993-08-31,0.05589
1993-09-30,0.05133
1993-10-31,0.05047
1993-11-30,0.04937
1993-12-31,0.04879
1994-01-31,0.05256
1994-02-28,0.05169
1994-03-31,0.05045
1994-04-30,0.04935
1994-05-31,0.05119
1994-06-30,0.05066
1994-07-31,0.04937
1994-08-31,0.04974
1994-09-30,0.04459
1994-10-31,0.04729
1994-11-30,0.04926
1994-12-31,0.05005
1995-01-31,0.05054
1995-02-28,0.05137
1995-03-31,0.05021
1995-04-30,0.05052
1995-05-31,0.05053
1995-06-30,0.05093
1995-07-31,0.05059
1995-08-31,0.05120
1995-09-30,0.05161
1995-10-31,0.05094
1995-11-30,0.05144
1995-12-31,0.05135
1996-01-31,0.05129
1996-02-29,0.05221
1996-03-31,0.05175
1996-04-30,0.05236
1996-05-31,0.05221
1996-06-30,0.05464
1996-07-31,0.05573
1996-08-31,0.05369
1996-09-30,0.05372
1996-10-31,0.05367
1996-11-30,0.05386
1996-12-31,0.05386
1997-01-31,0.05423
1997-02-28,0.05492
1997-03-31,0.05379
1997-04-30,0.05409
1997-05-31,0.05375
1997-06-30,0.05358
1997-07-31,0.05235
1997-08-31,0.05205
1997-09-30,0.05180
1997-10-31,0.05086
1997-11-30,0.05104
1997-12-31,0.05035
1998-01-31,0.05060
1998-02-28,0.05321
1998-03-31,0.05050
1998-04-30,0.05459
1998-05-31,0.05154
1998-06-30,0.05206
1998-07-31,0.05151
1998-08-31,0.05142
1998-09-30,0.05156
1998-10-31,0.05095
1998-11-30,0.05091
1998-12-31,0.05046
1999-01-31,0.05064
1999-02-28,0.05110
1999-03-31,0.05029
1999-04-30,0.05060
1999-05-31,0.04998
1999-06-30,0.05036
1999-07-31,0.05003
1999-08-31,0.04996
1999-09-30,0.05072
1999-10-31,0.05030
1999-11-30,0.05065
1999-12-31,0.05077
2000-01-31,0.05133
2000-02-29,0.05190
2000-03-31,0.05159
2000-04-30,0.05215
2000-05-31,0.05204
2000-06-30,0.05245
2000-07-31,0.05035
2000-08-31,0.05120
2000-09-30,0.05096
2000-10-31,0.05075
2000-11-30,0.05109
2000-12-31,0.05084
2001-01-31,0.05068
2001-02-28,0.05119
2001-03-31,0.04899
2001-04-30,0.04949
2001-05-31,0.04926
2001-06-30,0.04676
2001-07-31,0.04565
2001-08-31,0.04562
2001-09-30,0.04591
2001-10-31,0.04598
2001-11-30,0.04585
2001-12-31,0.04433
2002-01-31,0.04677
2002-02-28,0.04745
2002-03-31,0.04425
2002-04-30,0.04430
2002-05-31,0.04351
2002-06-30,0.04392
2002-07-31,0.04130
2002-08-31,0.04059
2002-09-30,0.04095
2002-10-31,0.03899
2002-11-30,0.03994
2002-12-31,0.04148
2003-01-31,0.04196
2003-02-28,0.04223
2003-03-31,0.03998
2003-04-30,0.04094
2003-05-31,0.04005
2003-06-30,0.03939
2003-07-31,0.03605
2003-08-31,0.03599
2003-09-30,0.03874
2003-10-31,0.03798
2003-11-30,0.03843
2003-12-31,0.03803
2004-01-31,0.03795
2004-02-29,0.03899
2004-03-31,0.03671
2004-04-30,0.03731
2004-05-31,0.03781
2004-06-30,0.03982
2004-07-31,0.03741
2004-08-31,0.03640
2004-09-30,0.03765
2004-10-31,0.03564
2004-11-30,0.03558
2004-12-31,0.03521
2005-01-31,0.03522
2005-02-28,0.03660
2005-03-31,0.03476
2005-04-30,0.03646
2005-05-31,0.03618
2005-06-30,0.03690
2005-07-31,0.03518
2005-08-31,0.03513
2005-09-30,0.03587
2005-10-31,0.03567
2005-11-30,0.03652
2005-12-31,0.03627
2006-01-31,0.03661
2006-02-28,0.03823
2006-03-31,0.03700
2006-04-30,0.03753
2006-05-31,0.03678
2006-06-30,0.03747
2006-07-31,0.03790
2006-08-31,0.03808
2006-09-30,0.03863
2006-10-31,0.03813
2006-11-30,0.03844
2006-12-31,0.03820
2007-01-31,0.03866
2007-02-28,0.03989
2007-03-31,0.03844
2007-04-30,0.03883
2007-05-31,0.03823
2007-06-30,0.03896
2007-07-31,0.03893
2007-08-31,0.03928
2007-09-30,0.03968
2007-10-31,0.03963
2007-11-30,0.03990
2007-12-31,0.03918
2008-01-31,0.03852
2008-02-29,0.03920
2008-03-31,0.03840
2008-04-30,0.03765
2008-05-31,0.03887
2008-06-30,0.03937
2008-07-31,0.03778
2008-08-31,0.03912
2008-09-30,0.04027
2008-10-31,0.03928
2008-11-30,0.03968
2008-12-31,0.04049
2009-01-31,0.03998
2009-02-28,0.04051
2009-03-31,0.03890
2009-04-30,0.03957
2009-05-31,0.03911
2009-06-30,0.03815
2009-07-31,0.03795
2009-08-31,0.03914
2009-09-30,0.03894
2009-10-31,0.03765
2009-11-30,0.03809
2009-12-31,0.03726
2010-01-31,0.03694
2010-02-28,0.03833
2010-03-31,0.03653
2010-04-30,0.03709
2010-05-31,0.03608
2010-06-30,0.03549
2010-07-31,0.03343
2010-08-31,0.03262
2010-09-30,0.03377
2010-10-31,0.03511
2010-11-19,0.01154
2010-11-30,0.03554
2010-12-31,0.03570
2011-01-31,0.03603
2011-02-28,0.03840
2011-03-31,0.03692
2011-04-30,0.03803
2011-05-31,0.03763
2011-06-30,0.03751
2011-07-31,0.03522
2011-08-31,0.03470
2011-09-30,0.03460
2011-10-31,0.03472
2011-11-18,0.01058
2011-11-30,0.03594
2011-12-31,0.03576
2012-01-31,0.03523
2012-02-29,0.03592
2012-03-31,0.03551
2012-04-30,0.03576
2012-05-31,0.03420
2012-06-30,0.03235
2012-07-31,0.03135
2012-08-31,0.03048
2012-09-30,0.03109
2012-10-31,0.03011
2012-11-30,0.03103
2012-12-31,0.03071
2013-01-31,0.03118
2013-02-28,0.03270
2013-03-31,0.03105
2013-04-30,0.03172
2013-05-31,0.03177
2013-06-30,0.03308
2013-07-31,0.03161
2013-08-31,0.03207
2013-09-30,0.03248
2013-10-31,0.03184
2013-11-30,0.03266
2013-12-31,0.03280
2014-01-31,0.03237
2014-02-28,0.03294
2014-03-31,0.03148
2014-04-30,0.03211
2014-05-31,0.03159
2014-06-30,0.03224
2014-07-31,0.03207
2014-08-31,0.03155
2014-09-30,0.03215
2014-10-31,0.03233
2014-11-30,0.03284
2014-12-31,0.02938
2015-01-31,0.02855
2015-02-28,0.03034
2015-03-31,0.02867
2015-04-30,0.02992
2015-05-31,0.02980
2015-06-30,0.02676
2015-07-31,0.02263
2015-08-31,0.02348
2015-09-30,0.02480
2015-10-31,0.02487
2015-11-30,0.02559
2015-12-31,0.02448
2016-01-31,0.02443
2016-02-29,0.02544
2016-03-31,0.02448
2016-04-30,0.02531
2016-05-31,0.02451
2016-06-30,0.02474
2016-07-31,0.02394
2016-08-31,0.02434
2016-09-30,0.02658
2016-10-31,0.02432
2016-11-30,0.02522
2016-12-31,0.02609
2017-01-31,0.02671
2017-02-28,0.02808
2017-03-31,0.02655
2017-04-30,0.02657
2017-05-31,0.02630
2017-06-30,0.02704
2017-07-31,0.02634
2017-08-31,0.02555
2017-09-30,0.02607
2017-10-31,0.02544
2017-11-30,0.02643
2017-12-31,0.02670
2018-01-31,0.02740
2018-02-28,0.02970
2018-03-31,0.02837
2018-04-30,0.03008
2018-05-31,0.02925
2018-06-30,0.02771
2018-07-31,0.02723
2018-08-31,0.02560
2018-09-30,0.02592
2018-10-31,0.02642
2018-11-30,0.02705
2018-12-31,0.02546
2019-01-31,0.02588
2019-02-28,0.02815
2019-03-31,0.02561
2019-04-30,0.02639
2019-05-31,0.02567
2019-06-30,0.02618
2019-07-31,0.02557
2019-08-31,0.02514
2019-09-30,0.02456
2019-10-31,0.02321
2019-11-30,0.02323
2019-12-31,0.02191
2020-01-31,0.02249
2020-02-29,0.02397
2020-03-31,0.02185
2020-04-30,0.02110
2020-05-31,0.01961
2020-06-30,0.01791
2020-07-31,0.01665
2020-08-31,0.01707
2020-09-30,0.01699
2020-10-31,0.01659
2020-11-30,0.01781
2020-12-31,0.01523
2021-01-31,0.01521
2021-02-28,0.01779
2021-03-31,0.01509
2021-04-30,0.01622
2021-05-31,0.01555
2021-06-30,0.01651
2021-07-31,0.01607
2021-08-31,0.01596
2021-09-30,0.01658
2021-10-31,0.01625
2021-11-30,0.01753
2021-12-31,0.01438
2022-01-31,0.01418
2022-02-28,0.01714
2022-03-31,0.01489
2022-04-30,0.01627
2022-05-31,0.01594
2022-06-30,0.01699
2022-07-31,0.01588
2022-08-31,0.01563
2022-09-30,0.01695
2022-10-31,0.01530
2022-11-30,0.01660
2022-12-31,0.01572
2023-01-31,0.01690
2023-02-28,0.02050
2023-03-31,0.01817
2023-04-30,0.01974
2023-05-31,0.02058
2023-06-30,0.02264
2023-07-31,0.02287
2023-08-31,0.02354
2023-09-30,0.02451
2023-10-31,0.02536
2023-11-30,0.02651
2023-12-31,0.02574
2024-01-31,0.02544
2024-02-29,0.02716
2024-03-31,0.02601
2024-04-30,0.02677
2024-05-31,0.02616
2024-06-30,0.02762
2024-07-31,0.02733
2024-08-31,0.02806
2024-09-30,0.02842
2024-10-31,0.02833

            Ex-Date, Payable Date,Total ($),Income ($),ST Cap Gains ($),LT Cap Gains ($)
1991-01-31,665280000,0,0,0,0
1991-02-28,667699200,0,0,0,0
1991-03-31,670377600,0,0,0,0
1991-04-30,672969600,0,0,0,0
1991-05-31,675648000,0,0,0,0
1991-06-28,678240000,0.02275,0.02275,0,0
1991-07-31,680918400,0.06915,0.06915,0,0
1991-08-30,683596800,0.06966,0.06966,0,0
1991-09-30,686188800,0.06921,0.06921,0,0
1991-10-31,688867200,0.06243,0.06243,0,0
1991-11-29,691459200,0.06235,0.06235,0,0
1991-12-31,694137600,0.06396,0.06396,0,0
1992-01-31,696816000,0.06205,0.06205,0,0
1992-02-28,699321600,0.06018,0.06018,0,0
1992-03-31,702000000,0.06157,0.06157,0,0
1992-04-30,704592000,0.06167,0.06167,0,0
1992-05-29,707270400,0.06017,0.06017,0,0
1992-06-30,709862400,0.06056,0.06056,0,0
1992-07-31,712540800,0.06070,0.06070,0,0
1992-08-31,715219200,0.06021,0.06021,0,0
1992-09-30,717811200,0.05876,0.05876,0,0
1992-10-30,720489600,0.05792,0.05792,0,0
1992-11-30,723081600,0.05775,0.05775,0,0
1992-12-31,725760000,0.05729,0.05729,0,0
1993-01-29,728438400,0.05542,0.05542,0,0
1993-02-26,730857600,0.05305,0.05305,0,0
1993-03-31,733536000,0.05450,0.05450,0,0
1993-04-30,736128000,0.05322,0.05322,0,0
1993-05-28,738806400,0.05186,0.05186,0,0
1993-06-30,741398400,0.05017,0.05017,0,0
1993-07-30,744076800,0.05182,0.05182,0,0
1993-08-31,746755200,0.05589,0.05589,0,0
1993-09-30,749347200,0.05133,0.05133,0,0
1993-10-29,752025600,0.05047,0.05047,0,0
1993-11-30,754617600,0.04937,0.04937,0,0
1993-12-31,757296000,0.04879,0.04879,0,0
1994-01-31,759974400,0.05256,0.05256,0,0
1994-02-28,762393600,0.05169,0.05169,0,0
1994-03-31,765072000,0.05045,0.05045,0,0
1994-04-29,767664000,0.04935,0.04935,0,0
1994-05-31,770342400,0.05119,0.05119,0,0
1994-06-30,772934400,0.05066,0.05066,0,0
1994-07-29,775612800,0.04937,0.04937,0,0
1994-08-31,778291200,0.04974,0.04974,0,0
1994-09-30,780883200,0.04459,0.04459,0,0
1994-10-31,783561600,0.04729,0.04729,0,0
1994-11-30,786153600,0.04926,0.04926,0,0
1994-12-30,788832000,0.05005,0.05005,0,0
1995-01-31,791510400,0.05054,0.05054,0,0
1995-02-28,793929600,0.05137,0.05137,0,0
1995-03-31,796608000,0.05021,0.05021,0,0
1995-04-28,799200000,0.05052,0.05052,0,0
1995-05-31,801878400,0.05053,0.05053,0,0
1995-06-30,804470400,0.05093,0.05093,0,0
1995-07-31,807148800,0.05059,0.05059,0,0
1995-08-31,809827200,0.05120,0.05120,0,0
1995-09-29,812419200,0.05161,0.05161,0,0
1995-10-31,815097600,0.05094,0.05094,0,0
1995-11-30,817689600,0.05144,0.05144,0,0
1995-12-29,820368000,0.05135,0.05135,0,0
1996-01-31,823046400,0.05129,0.05129,0,0
1996-02-29,825552000,0.05221,0.05221,0,0
1996-03-29,828230400,0.05175,0.05175,0,0
1996-04-30,830822400,0.05236,0.05236,0,0
1996-05-31,833500800,0.05221,0.05221,0,0
1996-06-28,836092800,0.05464,0.05464,0,0
1996-07-31,838771200,0.05573,0.05573,0,0
1996-08-30,841449600,0.05369,0.05369,0,0
1996-09-30,844041600,0.05372,0.05372,0,0
1996-10-31,846720000,0.05367,0.05367,0,0
1996-11-29,849312000,0.05386,0.05386,0,0
1996-12-31,851990400,0.05386,0.05386,0,0
1997-01-31,854668800,0.05423,0.05423,0,0
1997-02-28,857088000,0.05492,0.05492,0,0
1997-03-31,859766400,0.05379,0.05379,0,0
1997-04-30,862358400,0.05409,0.05409,0,0
1997-05-30,865036800,0.05375,0.05375,0,0
1997-06-30,867628800,0.05358,0.05358,0,0
1997-07-31,870307200,0.05235,0.05235,0,0
1997-08-29,872985600,0.05205,0.05205,0,0
1997-09-30,875577600,0.05180,0.05180,0,0
1997-10-31,878256000,0.05086,0.05086,0,0
1997-11-28,880848000,0.05104,0.05104,0,0
1997-12-31,883526400,0.05035,0.05035,0,0
1998-01-30,886204800,0.05060,0.05060,0,0
1998-02-27,888624000,0.05321,0.05321,0,0
1998-03-31,891302400,0.05050,0.05050,0,0
1998-04-30,893894400,0.05459,0.05459,0,0
1998-05-29,896572800,0.05154,0.05154,0,0
1998-06-30,899164800,0.05206,0.05206,0,0
1998-07-31,901843200,0.05151,0.05151,0,0
1998-08-31,904521600,0.05142,0.05142,0,0
1998-09-30,907113600,0.05156,0.05156,0,0
1998-10-30,909792000,0.05095,0.05095,0,0
1998-11-30,912384000,0.05091,0.05091,0,0
1998-12-31,915062400,0.05046,0.05046,0,0
1999-01-29,917740800,0.05064,0.05064,0,0
1999-02-26,920160000,0.05110,0.05110,0,0
1999-03-31,922838400,0.05029,0.05029,0,0
1999-04-30,925430400,0.05060,0.05060,0,0
1999-05-28,928108800,0.04998,0.04998,0,0
1999-06-30,930700800,0.05036,0.05036,0,0
1999-07-30,933379200,0.05003,0.05003,0,0
1999-08-31,936057600,0.04996,0.04996,0,0
1999-09-30,938649600,0.05072,0.05072,0,0
1999-10-29,941328000,0.05030,0.05030,0,0
1999-11-30,943920000,0.05065,0.05065,0,0
1999-12-31,946598400,0.05077,0.05077,0,0
2000-01-31,949276800,0.05133,0.05133,0,0
2000-02-29,951782400,0.05190,0.05190,0,0
2000-03-31,954460800,0.05159,0.05159,0,0
2000-04-28,957052800,0.05215,0.05215,0,0
2000-05-31,959731200,0.05204,0.05204,0,0
2000-06-30,962323200,0.05245,0.05245,0,0
2000-07-31,965001600,0.05035,0.05035,0,0
2000-08-31,967680000,0.05120,0.05120,0,0
2000-09-29,970272000,0.05096,0.05096,0,0
2000-10-31,972950400,0.05075,0.05075,0,0
2000-11-30,975542400,0.05109,0.05109,0,0
2000-12-29,978220800,0.05084,0.05084,0,0
2001-01-31,980899200,0.05068,0.05068,0,0
2001-02-28,983318400,0.05119,0.05119,0,0
2001-03-30,985996800,0.04899,0.04899,0,0
2001-04-30,988588800,0.04949,0.04949,0,0
2001-05-31,991267200,0.04926,0.04926,0,0
2001-06-29,993859200,0.04676,0.04676,0,0
2001-07-31,996537600,0.04565,0.04565,0,0
2001-08-31,999216000,0.04562,0.04562,0,0
2001-09-28,1001808000,0.04591,0.04591,0,0
2001-10-31,1004486400,0.04598,0.04598,0,0
2001-11-30,1007078400,0.04585,0.04585,0,0
2001-12-31,1009756800,0.04433,0.04433,0,0
2002-01-31,1012435200,0.04677,0.04677,0,0
2002-02-28,1014854400,0.04745,0.04745,0,0
2002-03-28,1017532800,0.04425,0.04425,0,0
2002-04-30,1020124800,0.04430,0.04430,0,0
2002-05-31,1022803200,0.04351,0.04351,0,0
2002-06-28,1025395200,0.04392,0.04392,0,0
2002-07-31,1028073600,0.04130,0.04130,0,0
2002-08-30,1030752000,0.04059,0.04059,0,0
2002-09-30,1033344000,0.04095,0.04095,0,0
2002-10-31,1036022400,0.03899,0.03899,0,0
2002-11-29,1038614400,0.03994,0.03994,0,0
2002-12-31,1041292800,0.04148,0.04148,0,0
2003-01-31,1043971200,0.04196,0.04196,0,0
2003-02-28,1046390400,0.04223,0.04223,0,0
2003-03-31,1049068800,0.03998,0.03998,0,0
2003-04-30,1051660800,0.04094,0.04094,0,0
2003-05-30,1054339200,0.04005,0.04005,0,0
2003-06-30,1056931200,0.03939,0.03939,0,0
2003-07-31,1059609600,0.03605,0.03605,0,0
2003-08-29,1062288000,0.03599,0.03599,0,0
2003-09-30,1064880000,0.03874,0.03874,0,0
2003-10-31,1067558400,0.03798,0.03798,0,0
2003-11-28,1070150400,0.03843,0.03843,0,0
2003-12-31,1072828800,0.03803,0.03803,0,0
2004-01-30,1075507200,0.03795,0.03795,0,0
2004-02-27,1078012800,0.03899,0.03899,0,0
2004-03-31,1080691200,0.03671,0.03671,0,0
2004-04-30,1083283200,0.03731,0.03731,0,0
2004-05-28,1085961600,0.03781,0.03781,0,0
2004-06-30,1088553600,0.03982,0.03982,0,0
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2004-09-30,1096502400,0.03765,0.03765,0,0
2004-10-29,1099180800,0.03564,0.03564,0,0
2004-11-30,1101772800,0.03558,0.03558,0,0
2004-12-31,1104451200,0.03521,0.03521,0,0
2005-01-31,1107129600,0.03522,0.03522,0,0
2005-02-28,1109548800,0.03660,0.03660,0,0
2005-03-31,1112227200,0.03476,0.03476,0,0
2005-04-29,1114819200,0.03646,0.03646,0,0
2005-05-31,1117497600,0.03618,0.03618,0,0
2005-06-30,1120089600,0.03690,0.03690,0,0
2005-07-29,1122768000,0.03518,0.03518,0,0
2005-08-31,1125446400,0.03513,0.03513,0,0
2005-09-30,1128038400,0.03587,0.03587,0,0
2005-10-31,1130716800,0.03567,0.03567,0,0
2005-11-30,1133308800,0.03652,0.03652,0,0
2005-12-30,1135987200,0.03627,0.03627,0,0
2006-01-31,1138665600,0.03661,0.03661,0,0
2006-02-28,1141084800,0.03823,0.03823,0,0
2006-03-31,1143763200,0.03700,0.03700,0,0
2006-04-28,1146355200,0.03753,0.03753,0,0
2006-05-31,1149033600,0.03678,0.03678,0,0
2006-06-30,1151625600,0.03747,0.03747,0,0
2006-07-31,1154304000,0.03790,0.03790,0,0
2006-08-31,1156982400,0.03808,0.03808,0,0
2006-09-29,1159574400,0.03863,0.03863,0,0
2006-10-31,1162252800,0.03813,0.03813,0,0
2006-11-30,1164844800,0.03844,0.03844,0,0
2006-12-29,1167523200,0.03820,0.03820,0,0
2007-01-31,1170201600,0.03866,0.03866,0,0
2007-02-28,1172620800,0.03989,0.03989,0,0
2007-03-30,1175299200,0.03844,0.03844,0,0
2007-04-30,1177891200,0.03883,0.03883,0,0
2007-05-31,1180569600,0.03823,0.03823,0,0
2007-06-29,1183161600,0.03896,0.03896,0,0
2007-07-31,1185840000,0.03893,0.03893,0,0
2007-08-31,1188518400,0.03928,0.03928,0,0
2007-09-28,1191110400,0.03968,0.03968,0,0
2007-10-31,1193788800,0.03963,0.03963,0,0
2007-11-30,1196380800,0.03990,0.03990,0,0
2007-12-31,1199059200,0.03918,0.03918,0,0
2008-01-31,1201737600,0.03852,0.03852,0,0
2008-02-29,1204243200,0.03920,0.03920,0,0
2008-03-31,1206921600,0.03840,0.03840,0,0
2008-04-30,1209513600,0.03765,0.03765,0,0
2008-05-30,1212192000,0.03887,0.03887,0,0
2008-06-30,1214784000,0.03937,0.03937,0,0
2008-07-31,1217462400,0.03778,0.03778,0,0
2008-08-29,1220140800,0.03912,0.03912,0,0
2008-09-30,1222732800,0.04027,0.04027,0,0
2008-10-31,1225411200,0.03928,0.03928,0,0
2008-11-28,1228003200,0.03968,0.03968,0,0
2008-12-31,1230681600,0.04049,0.04049,0,0
2009-01-30,1233360000,0.03998,0.03998,0,0
2009-02-27,1235779200,0.04051,0.04051,0,0
2009-03-31,1238457600,0.03890,0.03890,0,0
2009-04-30,1241049600,0.03957,0.03957,0,0
2009-05-29,1243728000,0.03911,0.03911,0,0
2009-06-30,1246320000,0.03815,0.03815,0,0
2009-07-31,1248998400,0.03795,0.03795,0,0
2009-08-31,1251676800,0.03914,0.03914,0,0
2009-09-30,1254268800,0.03894,0.03894,0,0
2009-10-30,1256947200,0.03765,0.03765,0,0
2009-11-30,1259539200,0.03809,0.03809,0,0
2009-12-31,1262217600,0.03726,0.03726,0,0
2010-01-29,1264896000,0.03694,0.03694,0,0
2010-02-26,1267315200,0.03833,0.03833,0,0
2010-03-31,1269993600,0.03653,0.03653,0,0
2010-04-30,1272585600,0.03709,0.03709,0,0
2010-05-28,1275264000,0.03608,0.03608,0,0
2010-06-30,1277856000,0.03549,0.03549,0,0
2010-07-30,1280534400,0.03343,0.03343,0,0
2010-08-31,1283212800,0.03262,0.03262,0,0
2010-09-30,1285804800,0.03377,0.03377,0,0
2010-10-29,1288483200,0.03511,0.03511,0,0
2010-11-19,1290124800,0.01154,0,0.00000,0.01154
2010-11-30,1291075200,0.03554,0.03554,0,0
2010-12-31,1293753600,0.03570,0.03570,0,0
2011-01-31,1296432000,0.03603,0.03603,0,0
2011-02-28,1298851200,0.03840,0.03840,0,0
2011-03-31,1301529600,0.03692,0.03692,0,0
2011-04-29,1304121600,0.03803,0.03803,0,0
2011-05-31,1306800000,0.03763,0.03763,0,0
2011-06-30,1309392000,0.03751,0.03751,0,0
2011-07-29,1312070400,0.03522,0.03522,0,0
2011-08-31,1314748800,0.03470,0.03470,0,0
2011-09-30,1317340800,0.03460,0.03460,0,0
2011-10-31,1320019200,0.03472,0.03472,0,0
2011-11-18,1321574400,0.01058,0,0.00304,0.00754
2011-11-30,1322611200,0.03594,0.03594,0,0
2011-12-30,1325289600,0.03576,0.03576,0,0
2012-01-31,1327968000,0.03523,0.03523,0,0
2012-02-29,1330473600,0.03592,0.03592,0,0
2012-03-30,1333152000,0.03551,0.03551,0,0
2012-04-30,1335744000,0.03576,0.03576,0,0
2012-05-31,1338422400,0.03420,0.03420,0,0
2012-06-29,1341014400,0.03235,0.03235,0,0
2012-07-31,1343692800,0.03135,0.03135,0,0
2012-08-31,1346371200,0.03048,0.03048,0,0
2012-09-28,1348963200,0.03109,0.03109,0,0
2012-10-31,1351641600,0.03011,0.03011,0,0
2012-11-30,1354233600,0.03103,0.03103,0,0
2012-12-31,1356912000,0.03071,0.03071,0,0
2013-01-31,1359590400,0.03118,0.03118,0,0
2013-02-28,1362009600,0.03270,0.03270,0,0
2013-03-28,1364688000,0.03105,0.03105,0,0
2013-04-30,1367280000,0.03172,0.03172,0,0
2013-05-31,1369958400,0.03177,0.03177,0,0
2013-06-28,1372550400,0.03308,0.03308,0,0
2013-07-31,1375228800,0.03161,0.03161,0,0
2013-08-30,1377907200,0.03207,0.03207,0,0
2013-09-30,1380499200,0.03248,0.03248,0,0
2013-10-31,1383177600,0.03184,0.03184,0,0
2013-11-29,1385769600,0.03266,0.03266,0,0
2013-12-31,1388448000,0.03280,0.03280,0,0
2014-01-31,1391126400,0.03237,0.03237,0,0
2014-02-28,1393545600,0.03294,0.03294,0,0
2014-03-31,1396224000,0.03148,0.03148,0,0
2014-04-30,1398816000,0.03211,0.03211,0,0
2014-05-30,1401494400,0.03159,0.03159,0,0
2014-06-30,1404086400,0.03224,0.03224,0,0
2014-07-31,1406764800,0.03207,0.03207,0,0
2014-08-29,1409443200,0.03155,0.03155,0,0
2014-09-30,1412035200,0.03215,0.03215,0,0
2014-10-31,1414713600,0.03233,0.03233,0,0
2014-11-28,1417305600,0.03284,0.03284,0,0
2014-12-31,1419984000,0.02938,0.02938,0,0
2015-01-30,1422662400,0.02855,0.02855,0,0
2015-02-27,1425081600,0.03034,0.03034,0,0
2015-03-31,1427760000,0.02867,0.02867,0,0
2015-04-30,1430352000,0.02992,0.02992,0,0
2015-05-29,1433030400,0.02980,0.02980,0,0
2015-06-30,1435622400,0.02676,0.02676,0,0
2015-07-31,1438300800,0.02263,0.02263,0,0
2015-08-31,1440979200,0.02348,0.02348,0,0
2015-09-30,1443571200,0.02480,0.02480,0,0
2015-10-30,1446249600,0.02487,0.02487,0,0
2015-11-30,1448841600,0.02559,0.02559,0,0
2015-12-31,1451520000,0.02448,0.02448,0,0
2016-01-29,1454198400,0.02443,0.02443,0,0
2016-02-29,1456704000,0.02544,0.02544,0,0
2016-03-31,1459382400,0.02448,0.02448,0,0
2016-04-29,1461974400,0.02531,0.02531,0,0
2016-05-31,1464652800,0.02451,0.02451,0,0
2016-06-30,1467244800,0.02474,0.02474,0,0
2016-07-29,1469923200,0.02394,0.02394,0,0
2016-08-31,1472601600,0.02434,0.02434,0,0
2016-09-30,1475193600,0.02658,0.02658,0,0
2016-10-31,1477872000,0.02432,0.02432,0,0
2016-11-30,1480464000,0.02522,0.02522,0,0
2016-12-30,1483142400,0.02609,0.02609,0,0
2017-01-31,1485820800,0.02671,0.02671,0,0
2017-02-28,1488240000,0.02808,0.02808,0,0
2017-03-31,1490918400,0.02655,0.02655,0,0
2017-04-28,1493510400,0.02657,0.02657,0,0
2017-05-31,1496188800,0.02630,0.02630,0,0
2017-06-30,1498780800,0.02704,0.02704,0,0
2017-07-31,1501459200,0.02634,0.02634,0,0
2017-08-31,1504137600,0.02555,0.02555,0,0
2017-09-29,1506729600,0.02607,0.02607,0,0
2017-10-31,1509408000,0.02544,0.02544,0,0
2017-11-30,1512000000,0.02643,0.02643,0,0
2017-12-29,1514678400,0.02670,0.02670,0,0
2018-01-31,1517356800,0.02740,0.02740,0,0
2018-02-28,1519776000,0.02970,0.02970,0,0
2018-03-29,1522454400,0.02837,0.02837,0,0
2018-04-30,1525046400,0.03008,0.03008,0,0
2018-05-31,1527724800,0.02925,0.02925,0,0
2018-06-29,1530316800,0.02771,0.02771,0,0
2018-07-31,1532995200,0.02723,0.02723,0,0
2018-08-31,1535673600,0.02560,0.02560,0,0
2018-09-28,1538265600,0.02592,0.02592,0,0
2018-10-31,1540944000,0.02642,0.02642,0,0
2018-11-30,1543536000,0.02705,0.02705,0,0
2018-12-31,1546214400,0.02546,0.02546,0,0
2019-01-31,1548892800,0.02588,0.02588,0,0
2019-02-28,1551312000,0.02815,0.02815,0,0
2019-03-29,1553990400,0.02561,0.02561,0,0
2019-04-30,1556582400,0.02639,0.02639,0,0
2019-05-31,1559260800,0.02567,0.02567,0,0
2019-06-28,1561852800,0.02618,0.02618,0,0
2019-07-31,1564531200,0.02557,0.02557,0,0
2019-08-31,1567209600,0.02514,0.02514,0,0
2019-09-30,1569801600,0.02456,0.02456,0,0
2019-10-31,1572480000,0.02321,0.02321,0,0
2019-11-30,1575072000,0.02323,0.02323,0,0
2019-12-31,1577750400,0.02191,0.02191,0,0
2020-01-31,1580428800,0.02249,0.02249,0,0
2020-02-29,1582934400,0.02397,0.02397,0,0
2020-03-31,1585612800,0.02185,0.02185,0,0
2020-04-30,1588204800,0.02110,0.02110,0,0
2020-05-31,1590883200,0.01961,0.01961,0,0
2020-06-30,1593475200,0.01791,0.01791,0,0
2020-07-31,1596153600,0.01665,0.01665,0,0
2020-08-31,1598832000,0.01707,0.01707,0,0
2020-09-30,1601424000,0.01699,0.01699,0,0
2020-10-30,1604102400,0.01659,0.01659,0,0
2020-11-30,1606694400,0.01781,0.01781,0,0
2020-12-31,1609372800,0.01523,0.01523,0,0
2021-01-29,1612051200,0.01521,0.01521,0,0
2021-02-26,1614470400,0.01779,0.01779,0,0
2021-03-31,1617148800,0.01509,0.01509,0,0
2021-04-30,1619740800,0.01622,0.01622,0,0
2021-05-28,1622419200,0.01555,0.01555,0,0
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2021-07-30,1627689600,0.01607,0.01607,0,0
2021-08-31,1630368000,0.01596,0.01596,0,0
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2021-10-29,1635638400,0.01625,0.01625,0,0
2021-11-30,1638230400,0.01753,0.01753,0,0
2021-12-31,1640908800,0.01438,0.01438,0,0
2022-01-31,1643587200,0.01418,0.01418,0,0
2022-02-28,1646006400,0.01714,0.01714,0,0
2022-03-31,1648684800,0.01489,0.01489,0,0
2022-04-29,1651276800,0.01627,0.01627,0,0
2022-05-31,1653955200,0.01594,0.01594,0,0
2022-06-30,1656547200,0.01699,0.01699,0,0
2022-07-29,1659225600,0.01588,0.01588,0,0
2022-08-31,1661904000,0.01563,0.01563,0,0
2022-09-30,1664496000,0.01695,0.01695,0,0
2022-10-31,1667174400,0.01530,0.01530,0,0
2022-11-30,1669766400,0.01660,0.01660,0,0
2022-12-30,1672444800,0.01572,0.01572,0,0
2023-01-31,1675123200,0.01690,0.01690,0,0
2023-02-28,1677542400,0.02050,0.02050,0,0
2023-03-31,1680220800,0.01817,0.01817,0,0
2023-04-28,1682812800,0.01974,0.01974,0,0
2023-05-31,1685491200,0.02058,0.02058,0,0
2023-06-30,1688083200,0.02264,0.02264,0,0
2023-07-31,1690761600,0.02287,0.02287,0,0
2023-08-31,1693440000,0.02354,0.02354,0,0
2023-09-29,1696032000,0.02451,0.02451,0,0
2023-10-31,1698710400,0.02536,0.02536,0,0
2023-11-30,1701302400,0.02651,0.02651,0,0
2023-12-29,1703980800,0.02574,0.02574,0,0
2024-01-31,1706659200,0.02544,0.02544,0,0
2024-02-29,1709164800,0.02716,0.02716,0,0
2024-03-28,1711843200,0.02601,0.02601,0,0
2024-04-30,1714435200,0.02677,0.02677,0,0
2024-05-31,1717113600,0.02616,0.02616,0,0
2024-06-28,1719705600,0.02762,0.02762,0,0
2024-07-31,1722384000,0.02733,0.02733,0,0
2024-08-30,1725062400,0.02806,0.02806,0,0
2024-09-30,1727654400,0.02842,0.02842,0,0
2024-10-31,1730332800,0.02833,0.02833,0,0

Distributions

(As of 31 Oct 2024)

Ex-Date

Payable Date

Total ($)

Income ($)

ST Cap Gains ($)

LT Cap Gains ($)

31 Jan 1991

—

28 Feb 1991

—

31 Mar 1991

—

30 Apr 1991

—

31 May 1991

—

28 Jun 1991

30 Jun 1991

0.02275

—

31 Jul 1991

0.06915

—

30 Aug 1991

31 Aug 1991

0.06966

—

30 Sep 1991

0.06921

—

31 Oct 1991

0.06243

—

29 Nov 1991

30 Nov 1991

0.06235

—

31 Dec 1991

0.06396

—

31 Jan 1992

0.06205

—

28 Feb 1992

29 Feb 1992

0.06018

—

31 Mar 1992

0.06157

—

30 Apr 1992

0.06167

—

29 May 1992

31 May 1992

0.06017

—

30 Jun 1992

0.06056

—

31 Jul 1992

0.06070

—

31 Aug 1992

0.06021

—

30 Sep 1992

0.05876

—

30 Oct 1992

31 Oct 1992

0.05792

—

30 Nov 1992

0.05775

—

31 Dec 1992

0.05729

—

29 Jan 1993

31 Jan 1993

0.05542

—

26 Feb 1993

28 Feb 1993

0.05305

—

31 Mar 1993

0.05450

—

30 Apr 1993

0.05322

—

28 May 1993

31 May 1993

0.05186

—

30 Jun 1993

0.05017

—

30 Jul 1993

31 Jul 1993

0.05182

—

31 Aug 1993

0.05589

—

30 Sep 1993

0.05133

—

29 Oct 1993

31 Oct 1993

0.05047

—

30 Nov 1993

0.04937

—

31 Dec 1993

0.04879

—

31 Jan 1994

0.05256

—

28 Feb 1994

0.05169

—

31 Mar 1994

0.05045

—

29 Apr 1994

30 Apr 1994

0.04935

—

31 May 1994

0.05119

—

30 Jun 1994

0.05066

—

29 Jul 1994

31 Jul 1994

0.04937

—

31 Aug 1994

0.04974

—

30 Sep 1994

0.04459

—

31 Oct 1994

0.04729

—

30 Nov 1994

0.04926

—

30 Dec 1994

31 Dec 1994

0.05005

—

31 Jan 1995

0.05054

—

28 Feb 1995

0.05137

—

31 Mar 1995

0.05021

—

28 Apr 1995

30 Apr 1995

0.05052

—

31 May 1995

0.05053

—

30 Jun 1995

0.05093

—

31 Jul 1995

0.05059

—

31 Aug 1995

0.05120

—

29 Sep 1995

30 Sep 1995

0.05161

—

31 Oct 1995

0.05094

—

30 Nov 1995

0.05144

—

29 Dec 1995

31 Dec 1995

0.05135

—

31 Jan 1996

0.05129

—

29 Feb 1996

0.05221

—

29 Mar 1996

31 Mar 1996

0.05175

—

30 Apr 1996

0.05236

—

31 May 1996

0.05221

—

28 Jun 1996

30 Jun 1996

0.05464

—

31 Jul 1996

0.05573

—

30 Aug 1996

31 Aug 1996

0.05369

—

30 Sep 1996

0.05372

—

31 Oct 1996

0.05367

—

29 Nov 1996

30 Nov 1996

0.05386

—

31 Dec 1996

0.05386

—

31 Jan 1997

0.05423

—

28 Feb 1997

0.05492

—

31 Mar 1997

0.05379

—

30 Apr 1997

0.05409

—

30 May 1997

31 May 1997

0.05375

—

30 Jun 1997

0.05358

—

31 Jul 1997

0.05235

—

29 Aug 1997

31 Aug 1997

0.05205

—

30 Sep 1997

0.05180

—

31 Oct 1997

0.05086

—

28 Nov 1997

30 Nov 1997

0.05104

—

31 Dec 1997

0.05035

—

30 Jan 1998

31 Jan 1998

0.05060

—

27 Feb 1998

28 Feb 1998

0.05321

—

31 Mar 1998

0.05050

—

30 Apr 1998

0.05459

—

29 May 1998

31 May 1998

0.05154

—

30 Jun 1998

0.05206

—

31 Jul 1998

0.05151

—

31 Aug 1998

0.05142

—

30 Sep 1998

0.05156

—

30 Oct 1998

31 Oct 1998

0.05095

—

30 Nov 1998

0.05091

—

31 Dec 1998

0.05046

—

29 Jan 1999

31 Jan 1999

0.05064

—

26 Feb 1999

28 Feb 1999

0.05110

—

31 Mar 1999

0.05029

—

30 Apr 1999

0.05060

—

28 May 1999

31 May 1999

0.04998

—

30 Jun 1999

0.05036

—

30 Jul 1999

31 Jul 1999

0.05003

—

31 Aug 1999

0.04996

—

30 Sep 1999

0.05072

—

29 Oct 1999

31 Oct 1999

0.05030

—

30 Nov 1999

0.05065

—

31 Dec 1999

0.05077

—

31 Jan 2000

0.05133

—

29 Feb 2000

0.05190

—

31 Mar 2000

0.05159

—

28 Apr 2000

30 Apr 2000

0.05215

—

31 May 2000

0.05204

—

30 Jun 2000

0.05245

—

31 Jul 2000

0.05035

—

31 Aug 2000

0.05120

—

29 Sep 2000

30 Sep 2000

0.05096

—

31 Oct 2000

0.05075

—

30 Nov 2000

0.05109

—

29 Dec 2000

31 Dec 2000

0.05084

—

31 Jan 2001

0.05068

—

28 Feb 2001

0.05119

—

30 Mar 2001

31 Mar 2001

0.04899

—

30 Apr 2001

0.04949

—

31 May 2001

0.04926

—

29 Jun 2001

30 Jun 2001

0.04676

—

31 Jul 2001

0.04565

—

31 Aug 2001

0.04562

—

28 Sep 2001

30 Sep 2001

0.04591

—

31 Oct 2001

0.04598

—

30 Nov 2001

0.04585

—

31 Dec 2001

0.04433

—

31 Jan 2002

0.04677

—

28 Feb 2002

0.04745

—

28 Mar 2002

31 Mar 2002

0.04425

—

30 Apr 2002

0.04430

—

31 May 2002

0.04351

—

28 Jun 2002

30 Jun 2002

0.04392

—

31 Jul 2002

0.04130

—

30 Aug 2002

31 Aug 2002

0.04059

—

30 Sep 2002

0.04095

—

31 Oct 2002

0.03899

—

29 Nov 2002

30 Nov 2002

0.03994

—

31 Dec 2002

0.04148

—

31 Jan 2003

0.04196

—

28 Feb 2003

0.04223

—

31 Mar 2003

0.03998

—

30 Apr 2003

0.04094

—

30 May 2003

31 May 2003

0.04005

—

30 Jun 2003

0.03939

—

31 Jul 2003

0.03605

—

29 Aug 2003

31 Aug 2003

0.03599

—

30 Sep 2003

0.03874

—

31 Oct 2003

0.03798

—

28 Nov 2003

30 Nov 2003

0.03843

—

31 Dec 2003

0.03803

—

30 Jan 2004

31 Jan 2004

0.03795

—

27 Feb 2004

29 Feb 2004

0.03899

—

31 Mar 2004

0.03671

—

30 Apr 2004

0.03731

—

28 May 2004

31 May 2004

0.03781

—

30 Jun 2004

0.03982

—

30 Jul 2004

31 Jul 2004

0.03741

—

31 Aug 2004

0.03640

—

30 Sep 2004

0.03765

—

29 Oct 2004

31 Oct 2004

0.03564

—

30 Nov 2004

0.03558

—

31 Dec 2004

0.03521

—

31 Jan 2005

0.03522

—

28 Feb 2005

0.03660

—

31 Mar 2005

0.03476

—

29 Apr 2005

30 Apr 2005

0.03646

—

31 May 2005

0.03618

—

30 Jun 2005

0.03690

—

29 Jul 2005

31 Jul 2005

0.03518

—

31 Aug 2005

0.03513

—

30 Sep 2005

0.03587

—

31 Oct 2005

0.03567

—

30 Nov 2005

0.03652

—

30 Dec 2005

31 Dec 2005

0.03627

—

31 Jan 2006

0.03661

—

28 Feb 2006

0.03823

—

31 Mar 2006

0.03700

—

28 Apr 2006

30 Apr 2006

0.03753

—

31 May 2006

0.03678

—

30 Jun 2006

0.03747

—

31 Jul 2006

0.03790

—

31 Aug 2006

0.03808

—

29 Sep 2006

30 Sep 2006

0.03863

—

31 Oct 2006

0.03813

—

30 Nov 2006

0.03844

—

29 Dec 2006

31 Dec 2006

0.03820

—

31 Jan 2007

0.03866

—

28 Feb 2007

0.03989

—

30 Mar 2007

31 Mar 2007

0.03844

—

30 Apr 2007

0.03883

—

31 May 2007

0.03823

—

29 Jun 2007

30 Jun 2007

0.03896

—

31 Jul 2007

0.03893

—

31 Aug 2007

0.03928

—

28 Sep 2007

30 Sep 2007

0.03968

—

31 Oct 2007

0.03963

—

30 Nov 2007

0.03990

—

31 Dec 2007

0.03918

—

31 Jan 2008

0.03852

—

29 Feb 2008

0.03920

—

31 Mar 2008

0.03840

—

30 Apr 2008

0.03765

—

30 May 2008

31 May 2008

0.03887

—

30 Jun 2008

0.03937

—

31 Jul 2008

0.03778

—

29 Aug 2008

31 Aug 2008

0.03912

—

30 Sep 2008

0.04027

—

31 Oct 2008

0.03928

—

28 Nov 2008

30 Nov 2008

0.03968

—

31 Dec 2008

0.04049

—

30 Jan 2009

31 Jan 2009

0.03998

—

27 Feb 2009

28 Feb 2009

0.04051

—

31 Mar 2009

0.03890

—

30 Apr 2009

0.03957

—

29 May 2009

31 May 2009

0.03911

—

30 Jun 2009

0.03815

—

31 Jul 2009

0.03795

—

31 Aug 2009

0.03914

—

30 Sep 2009

0.03894

—

30 Oct 2009

31 Oct 2009

0.03765

—

30 Nov 2009

0.03809

—

31 Dec 2009

0.03726

—

29 Jan 2010

31 Jan 2010

0.03694

—

26 Feb 2010

28 Feb 2010

0.03833

—

31 Mar 2010

0.03653

—

30 Apr 2010

0.03709

—

28 May 2010

31 May 2010

0.03608

—

30 Jun 2010

0.03549

—

30 Jul 2010

31 Jul 2010

0.03343

—

31 Aug 2010

0.03262

—

30 Sep 2010

0.03377

—

29 Oct 2010

31 Oct 2010

0.03511

—

19 Nov 2010

0.01154

—

0.00000

0.01154

30 Nov 2010

0.03554

—

31 Dec 2010

0.03570

—

31 Jan 2011

0.03603

—

28 Feb 2011

0.03840

—

31 Mar 2011

0.03692

—

29 Apr 2011

30 Apr 2011

0.03803

—

31 May 2011

0.03763

—

30 Jun 2011

0.03751

—

29 Jul 2011

31 Jul 2011

0.03522

—

31 Aug 2011

0.03470

—

30 Sep 2011

0.03460

—

31 Oct 2011

0.03472

—

18 Nov 2011

0.01058

—

0.00304

0.00754

30 Nov 2011

0.03594

—

30 Dec 2011

31 Dec 2011

0.03576

—

31 Jan 2012

0.03523

—

29 Feb 2012

0.03592

—

30 Mar 2012

31 Mar 2012

0.03551

—

30 Apr 2012

0.03576

—

31 May 2012

0.03420

—

29 Jun 2012

30 Jun 2012

0.03235

—

31 Jul 2012

0.03135

—

31 Aug 2012

0.03048

—

28 Sep 2012

30 Sep 2012

0.03109

—

31 Oct 2012

0.03011

—

30 Nov 2012

0.03103

—

31 Dec 2012

0.03071

—

31 Jan 2013

0.03118

—

28 Feb 2013

0.03270

—

28 Mar 2013

31 Mar 2013

0.03105

—

30 Apr 2013

0.03172

—

31 May 2013

0.03177

—

28 Jun 2013

30 Jun 2013

0.03308

—

31 Jul 2013

0.03161

—

30 Aug 2013

31 Aug 2013

0.03207

—

30 Sep 2013

0.03248

—

31 Oct 2013

0.03184

—

29 Nov 2013

30 Nov 2013

0.03266

—

31 Dec 2013

0.03280

—

31 Jan 2014

0.03237

—

28 Feb 2014

0.03294

—

31 Mar 2014

0.03148

—

30 Apr 2014

0.03211

—

30 May 2014

31 May 2014

0.03159

—

30 Jun 2014

0.03224

—

31 Jul 2014

0.03207

—

29 Aug 2014

31 Aug 2014

0.03155

—

30 Sep 2014

0.03215

—

31 Oct 2014

0.03233

—

28 Nov 2014

30 Nov 2014

0.03284

—

31 Dec 2014

0.02938

—

30 Jan 2015

31 Jan 2015

0.02855

—

27 Feb 2015

28 Feb 2015

0.03034

—

31 Mar 2015

0.02867

—

30 Apr 2015

0.02992

—

29 May 2015

31 May 2015

0.02980

—

30 Jun 2015

0.02676

—

31 Jul 2015

0.02263

—

31 Aug 2015

0.02348

—

30 Sep 2015

0.02480

—

30 Oct 2015

31 Oct 2015

0.02487

—

30 Nov 2015

0.02559

—

31 Dec 2015

0.02448

—

29 Jan 2016

31 Jan 2016

0.02443

—

29 Feb 2016

0.02544

—

31 Mar 2016

0.02448

—

29 Apr 2016

30 Apr 2016

0.02531

—

31 May 2016

0.02451

—

30 Jun 2016

0.02474

—

29 Jul 2016

31 Jul 2016

0.02394

—

31 Aug 2016

0.02434

—

30 Sep 2016

0.02658

—

31 Oct 2016

0.02432

—

30 Nov 2016

0.02522

—

30 Dec 2016

31 Dec 2016

0.02609

—

31 Jan 2017

0.02671

—

28 Feb 2017

0.02808

—

31 Mar 2017

0.02655

—

28 Apr 2017

30 Apr 2017

0.02657

—

31 May 2017

0.02630

—

30 Jun 2017

0.02704

—

31 Jul 2017

0.02634

—

31 Aug 2017

0.02555

—

29 Sep 2017

30 Sep 2017

0.02607

—

31 Oct 2017

0.02544

—

30 Nov 2017

0.02643

—

29 Dec 2017

31 Dec 2017

0.02670

—

31 Jan 2018

0.02740

—

28 Feb 2018

0.02970

—

29 Mar 2018

31 Mar 2018

0.02837

—

30 Apr 2018

0.03008

—

31 May 2018

0.02925

—

29 Jun 2018

30 Jun 2018

0.02771

—

31 Jul 2018

0.02723

—

31 Aug 2018

0.02560

—

28 Sep 2018

30 Sep 2018

0.02592

—

31 Oct 2018

0.02642

—

30 Nov 2018

0.02705

—

31 Dec 2018

0.02546

—

31 Jan 2019

0.02588

—

28 Feb 2019

0.02815

—

29 Mar 2019

31 Mar 2019

0.02561

—

30 Apr 2019

0.02639

—

31 May 2019

0.02567

—

28 Jun 2019

30 Jun 2019

0.02618

—

31 Jul 2019

0.02557

—

31 Aug 2019

0.02514

—

30 Sep 2019

0.02456

—

31 Oct 2019

0.02321

—

30 Nov 2019

0.02323

—

31 Dec 2019

0.02191

—

31 Jan 2020

0.02249

—

29 Feb 2020

0.02397

—

31 Mar 2020

0.02185

—

30 Apr 2020

0.02110

—

31 May 2020

0.01961

—

30 Jun 2020

0.01791

—

31 Jul 2020

0.01665

—

31 Aug 2020

0.01707

—

30 Sep 2020

0.01699

—

30 Oct 2020

31 Oct 2020

0.01659

—

30 Nov 2020

0.01781

—

31 Dec 2020

0.01523

—

29 Jan 2021

31 Jan 2021

0.01521

—

26 Feb 2021

28 Feb 2021

0.01779

—

31 Mar 2021

0.01509

—

30 Apr 2021

0.01622

—

28 May 2021

31 May 2021

0.01555

—

30 Jun 2021

0.01651

—

30 Jul 2021

31 Jul 2021

0.01607

—

31 Aug 2021

0.01596

—

30 Sep 2021

0.01658

—

29 Oct 2021

31 Oct 2021

0.01625

—

30 Nov 2021

0.01753

—

31 Dec 2021

0.01438

—

31 Jan 2022

0.01418

—

28 Feb 2022

0.01714

—

31 Mar 2022

0.01489

—

29 Apr 2022

30 Apr 2022

0.01627

—

31 May 2022

0.01594

—

30 Jun 2022

0.01699

—

29 Jul 2022

31 Jul 2022

0.01588

—

31 Aug 2022

0.01563

—

30 Sep 2022

0.01695

—

31 Oct 2022

0.01530

—

30 Nov 2022

0.01660

—

30 Dec 2022

31 Dec 2022

0.01572

—

31 Jan 2023

0.01690

—

28 Feb 2023

0.02050

—

31 Mar 2023

0.01817

—

28 Apr 2023

30 Apr 2023

0.01974

—

31 May 2023

0.02058

—

30 Jun 2023

0.02264

—

31 Jul 2023

0.02287

—

31 Aug 2023

0.02354

—

29 Sep 2023

30 Sep 2023

0.02451

—

31 Oct 2023

0.02536

—

30 Nov 2023

0.02651

—

29 Dec 2023

31 Dec 2023

0.02574

—

31 Jan 2024

0.02544

—

29 Feb 2024

0.02716

—

28 Mar 2024

31 Mar 2024

0.02601

—

30 Apr 2024

0.02677

—

31 May 2024

0.02616

—

28 Jun 2024

30 Jun 2024

0.02762

—

31 Jul 2024

0.02733

—

30 Aug 2024

31 Aug 2024

0.02806

—

30 Sep 2024

0.02842

—

31 Oct 2024

0.02833

—

Fund Facts

(As of 30 Sep 2024)

Net Fund Assets

$94.5 M

Benchmark

ICE BofA 3-15 Year U.S. Municipal Securities Index

Morningstar Category

Muni Single State Intermediate

Fund Symbol

THNMX

Share Class

Share Class Inception Date

18 Jun 1991

Number of Holdings

Portfolio Turnover

49%

Distribution Frequency

Monthly

30-Day SEC Yield (Subsidized)

2.26%

30-Day SEC Yield (Unsubsidized)

2.26%

Annualized Distribution Yield

2.67%

Characteristics

Portfolio

(As of 30 Sep 2024)

Portfolio

Benchmark

Effective Duration

4.0 Yrs

5.0 Yrs

Average Effective Maturity

8.3 Yrs

8.1 Yrs

Weighted Average Coupon

4.6%

4.5%

Portfolio

Benchmark

Yield to Worst

3.3%

3.0%

Subject to Alternative Minimum Tax

3.4%

—

Risk & Return Profile

(As of 30 Sep 2024)

10y

Annualized Alpha (%)

-0.25

-0.21

-0.13

Standard Deviation (%)

4.93

4.29

3.37

Sharpe Ratio

-0.74

-0.35

-0.02

Up Capture (%)

75.29

75.13

73.53

Down Capture (%)

78.09

77.93

75.48

Past performance does not guarantee future results.

Risk & Return Profile metrics are based on the I share class.

Portfolio

Top Holdings

(As of 31 Aug 2024)

Name

Ticker/Symbol

Sector

Weight %

County of Bernalillo NM Gross Receipts Tax Revenue

08527NHA7

Dedicated Tax

4.2

New Mexico Finance Authority

64711NJ63

Other Revenue

4.1

New Mexico Hospital Equipment Loan Council

647370HU2

Hospital

3.0

New Mexico Educational Assistance Foundation

647110FT7

Student Loan

2.9

New Mexico Mortgage Finance Authority

647201YN6

Single Family Mortgage

2.4

City of Farmington NM

311450GC8

Industrial Development/Pollution Control

2.3

New Mexico State University

647429Y45

Higher Education

2.2

State of New Mexico

647293SH3

State General Obligation

2.2

City of Farmington NM

311450GE4

Industrial Development/Pollution Control

2.2

Albuquerque Bernalillo County Water Utility Authority

013493GW5

Water/Sewer

2.2

Download Holdings

Portfolio holdings are subject to change daily.

Exposure Breakdown

(As of 30 Sep 2024)

Sector Allocation

Fund (%)

Benchmark (%)

Fund

Benchmark

10%

15%

20%

25%

30%

Dedicated Tax

23.1

15.1

Other Revenue

10.8

—

Higher Education

10.4

—

Single Family Mortgage

8.4

0.2

School District General Obligation

7.0

—

Hospital

5.9

6.7

Industrial Development/Pollution Control

4.5

—

Water/Sewer

3.5

5.4

Public Power

3.4

6.5

Prerefunded / Escrow to Maturity

3.2

—

Cash & Cash Equivalents

2.0

—

Sector Allocation

Fund (%)

Dedicated Tax

23.1

Other Revenue

10.8

Higher Education

10.4

Single Family Mortgage

8.4

School District General Obligation

7.0

Hospital

5.9

Industrial Development/Pollution Control

4.5

Water/Sewer

3.5

Public Power

3.4

Prerefunded / Escrow to Maturity

3.2

Cash & Cash Equivalents

2.0

Credit Quality

Fund (%)

Benchmark (%)

Fund

Benchmark

10%

20%

30%

40%

50%

60%

AAA

40.6

13.2

43.5

56.6

5.2

24.6

BBB

8.3

5.7

Not Rated

0.4

—

Cash & Cash Equivalents

2.0

—

Credit Quality

Fund (%)

AAA

40.6

43.5

5.2

BBB

8.3

Not Rated

0.4

Cash & Cash Equivalents

2.0

Maturity

Fund (%)

Benchmark (%)

Fund

Benchmark

10%

15%

20%

25%

30%

Year 1-2

18.8

—

Year 3-4

11.0

12.0

Year 5-6

12.7

20.6

Year 7-8

9.0

19.5

Year 9-10

9.6

15.7

Year 11-12

11.2

14.0

Year 13-14

5.8

12.0

Year 15-16

4.0

6.0

Year 17+

16.1

—

Cash

2.0

—

Maturity

Fund (%)

Year 1-2

18.8

Year 3-4

11.0

Year 5-6

12.7

Year 7-8

9.0

Year 9-10

9.6

Year 11-12

11.2

Year 13-14

5.8

Year 15-16

4.0

Year 17+

16.1

Cash

2.0

Cash includes cash and cash equivalents. Weights are percentages of total portfolio unless otherwise noted.

Percentages may not add up to 100 due to rounding.

Portfolio Managers

David Ashley, CFA

Portfolio Manager and Managing Director

David Ashley is portfolio manager for Thornburg Investment Management. He joined Thornburg as associate portfolio manager in 2011 and was named portfolio manager in 2019. Dave earned a BS in finance and MBA from the University of Delaware in 2001. He is also a CFA charterholder. Prior to joining Thornburg Investment Management, Dave was a credit analyst for Wilmington Trust…

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John Bonnell, CFA

Portfolio Manager and Managing Director

John Bonnell, CFA, is portfolio manager and managing director for Thornburg Investment Management. He joined Thornburg’s municipal team in 2021. John has over 30 years of municipal bond investing experience. He spent 25 years of his career at USAA where he was most recently a senior portfolio manager and, in 2010, took on responsibility for co-leading municipal bond strategies. Earlier…

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Eve Lando, JD

Portfolio Manager and Managing Director

Eve Lando is portfolio manager for Thornburg Investment Management. She joined Thornburg's municipal team in 2019 as associate portfolio manager and was named portfolio manager in 2020. Eve holds a BA in urban studies from Columbia University and a JD from Brooklyn Law School, with a concentration in business law studies. She has extensive experience in municipal bond research and…

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Literature

Fact Sheet

Commentary

Summary Prospectus

Annual Report

Semi-annual report

Prospectus

Statement of Additional Information (SAI)

Important Information

This communication is not authorized for distribution to prospective investors in the Fund unless preceded or accompanied by an effective prospectus.

Investments carry risks, including possible loss of principal. Portfolios investing in bonds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds. The value of bonds will fluctuate relative to changes in interest rates, decreasing when interest rates rise. Unlike bonds, bond funds have ongoing fees and expenses. Investments in the Fund are not FDIC insured, nor are they bank deposits or guaranteed by a bank or any other entity.

A bond credit rating assesses the financial ability of a debt issuer to make timely payments of principal and interest. Ratings of AAA (the highest), AA, A, and BBB are investment-grade quality. Ratings of BB, B, CCC, CC, C and D (the lowest) are considered below investment grade, speculative grade, or junk bonds.

Diversification does not assure or guarantee better performance and cannot eliminate the risk of investment losses.

Income earned from municipal bonds is exempt from regular federal and in some cases, state and local income tax. Income may be subject to the alternative minimum tax (AMT).

Class I shares may not be available to all investors. Minimum investments for the I share class may be higher than those for other classes.

There is no guarantee that the Fund will meet its investment objectives.

To determine a fund's Morningstar Rating™, funds and other managed products with at least a three-year history are ranked in their categories by their Morningstar Risk-Adjusted Return scores. The top 10% receive 5 stars; the next 22.5%, 4 stars; the middle 35%, 3 stars; the next 22.5%, 2 stars; and the bottom 10% receive 1 star. The Risk-Adjusted Return accounts for variation in a managed product's monthly excess performance (excluding sales charges), placing more emphasis on downward variations and rewarding consistent performance. Other share classes may have different performance characteristics.

© 2024 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Please see our glossary for a definition of terms.

Thornburg mutual funds are distributed by Thornburg Securities LLC.

Thornburg Investment Management, Inc. mutual funds are sold through investment professionals including investment advisors, brokerage firms, bank trust departments, trust companies and certain other financial intermediaries. Thornburg Securities LLC (TSL) does not act as broker of record for investors.

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Thornburg New Mexico Intermediate Municipal Fund

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Overview

Why Invest in This Fund?

Investment Objective

Investment Approach

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Performance

Returns

Fund Fees

Distributions

Fund Facts

Characteristics

Portfolio

Risk & Return Profile

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Top Holdings

Exposure Breakdown

Portfolio Managers

David Ashley, CFA

John Bonnell, CFA

Eve Lando, JD

Literature

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Thornburg New Mexico Intermediate Municipal Fund

Portfolio Managers

Overview

Why Invest in This Fund?

Investment Objective

Investment Approach

Related Content

Performance

Returns

Fund Fees

Distributions

Fund Facts

Characteristics

Portfolio

Risk & Return Profile

Portfolio

Top Holdings

Exposure Breakdown

Portfolio Managers

David Ashley, CFA

John Bonnell, CFA

Eve Lando, JD

Literature

Important Information

More Insights

The Power of “May I Ask You…?”

Family Legacy Planning: Passing on More Than Just Wealth

The World’s Best Investment Advice

Transform Customers into Life-Long, Referral-Generating Clients

The ABCs of Personal Finance

Cut to the Chase: Seizing Fixed Income Opportunities