Thornburg Strategic Income Fund

SYMBOL: TSIAX

Morningstar Rating • Info

Overall Morningstar Rating among 340 Multisector Bond 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 4 stars among 340, 284 and 198 funds, as of 31 Mar 2025.

As of 31 Mar 2025

Fund Assets

$9.6 B

As of 31 Mar 2025

NAV

$11.37

As of 17 Apr 2025

Change

$-0.01

As of 17 Apr 2025

YTD NAV Performance

1.54%

As of 17 Apr 2025

Asset Category:

Global Fixed Income

Fund Benchmark:

Bloomberg U.S. Universal Index

Portfolio Managers

Lon Erickson, CFA

Portfolio Manager and Managing Director

Christian Hoffmann, CFA

Head of Fixed Income and Managing Director

Ali Hassan, CFA, FRM

Portfolio Manager and Managing Director

Seeking to Deliver on the Promise of Income + Growth

The fund has delivered strong outperformance while taking below-average risk across standard time periods compared to peers in the Morningstar Multisector Bond category.

Strategic Income also has a history of providing:

Outperformance during rising rates
Downside protection
Enhanced total return potential

To learn more, explore the rest of the page and download our client approved brochure.

Download

Overview Performance Fund Facts Characteristics Portfolio Portfolio Managers Literature

Overview

Why Invest in This Strategy?

Highly active and flexible approach, designed to provide attractive risk-adjusted returns by investing in fixed income securities across sector, credit quality and geography.
Proven bottom-up fundamental approach to identify what we perceive to be the most attractive opportunities on a relative value basis.
Opportunistic, multi-sector bond strategy that seeks to provide a total return above that of core fixed income strategies with only incrementally higher risk.

Investment Objective

The fund’s goal is to provide investors with a high level of current income. The fund also seeks to provide some long-term capital appreciation.

Investment Approach

The fund is built around a highly active and flexible approach, able to invest in any income-producing security around the globe across sectors and issuers in order to identify the best relative value opportunities. Our collaborative process combines top-down macroeconomic considerations with deep, fundamental credit research for a comprehensive assessment of risk and reward across the fixed income universe.

Returns

(As of 31 Mar 2025)

YTD

10y

Inception

Total Return with Sales Charge (%)

-2.36

1.23

1.92

3.66

3.04

4.79

Total Return without Sales Charge (%)

2.28

6.04

3.48

4.63

3.51

5.06

Bloomberg U.S. Universal Index (%)

2.66

5.24

1.01

0.32

1.83

3.19

Strategic Income Blended Index (%)

1.88

5.36

2.01

2.86

3.18

3.92

Morningstar Category Avg. (%)

1.82

6.36

3.2

4.86

3.18

—

Morningstar Quartile

—

Morningstar Quartile # of Funds

—

369

340

284

198

—

YTD

10y

Inception

Total Return with Sales Charge (%)

-2.36

1.23

1.92

3.66

3.04

4.79

Total Return without Sales Charge (%)

2.28

6.04

3.48

4.63

3.51

5.06

Bloomberg U.S. Universal Index (%)

2.66

5.24

1.01

0.32

1.83

3.19

Strategic Income Blended Index (%)

1.88

5.36

2.01

2.86

3.18

3.92

Morningstar Category Avg. (%)

1.82

6.36

3.2

4.86

3.18

—

Morningstar Quartile

—

Morningstar Quartile # of Funds

—

369

340

284

198

—

YTD

10y

Inception

Total Return with Sales Charge (%)

-2.36

1.23

5.86

19.71

34.92

124.33

Total Return without Sales Charge (%)

2.28

6.04

10.81

25.39

41.26

134.86

Bloomberg U.S. Universal Index (%)

2.66

5.24

3.07

1.63

19.84

72.08

Strategic Income Blended Index (%)

1.88

5.36

6.15

15.14

36.78

94.20

YTD

10y

Inception

Total Return with Sales Charge (%)

-2.36

1.23

5.86

19.71

34.92

124.33

Total Return without Sales Charge (%)

2.28

6.04

10.81

25.39

41.26

134.86

Bloomberg U.S. Universal Index (%)

2.66

5.24

3.07

1.63

19.84

72.08

Strategic Income Blended Index (%)

1.88

5.36

6.15

15.14

36.78

94.20

2019

2020

2021

2022

2023

2024

Total Return with Sales Charge (%)

2.73

3.03

-2.21

-10.83

2.47

-0.27

Strategic Income Blended Index (%)

12.45

9.68

2.85

-13.87

9.04

4.57

Bloomberg U.S. Universal Index (%)

9.29

7.58

-1.10

-12.99

6.17

2.04

Source: Confluence

Periods less than one year are not annualized.

Thornburg Strategic Income Fund's Blended Index is composed of 80% Bloomberg U.S. Aggregate Total Return Value USD and 20% MSCI World Net Total Return USD Index, rebalanced monthly.

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 equity funds' A shares is 4.50%. C shares include a 1% contingent deferred sales charge (CDSC) for the first year only. There is no up-front sales charge for class I or R shares.

Morningstar quartile ranking for Multisector Bond category is based on total returns before sales charges.

Prior to inception of R share classes, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.

Share class inception dates: A, C, and I shares, 19 Dec 2007; R3 and R5 shares, 1 May 2012; R4 shares, 1 Feb 2014; R6 shares, 10 Apr 2017.

Fund Fees

(As of 1 Feb 2025)

Gross Expense Ratio (%)

1.00

Net Expense Ratio (%)

1.00

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.

Hypothetical Growth of $10,000

            Categories,A Shares,Bloomberg U.S. Universal Index
            2007-12-19,9552,10000
2007-12-31,9748,10037
2008-01-31,9824,10182
2008-02-29,9867,10182
2008-03-31,9728,10203
2008-04-30,9897,10213
2008-05-31,9913,10150
2008-06-30,9680,10120
2008-07-31,9658,10105
2008-08-31,9535,10194
2008-09-30,8867,10003
2008-10-31,7890,9643
2008-11-30,7635,9897
2008-12-31,7947,10275
2009-01-31,8100,10217
2009-02-28,8056,10163
2009-03-31,8160,10316
2009-04-30,8630,10422
2009-05-31,9199,10539
2009-06-30,9483,10619
2009-07-31,9881,10820
2009-08-31,10203,10946
2009-09-30,10523,11095
2009-10-31,10600,11159
2009-11-30,10779,11300
2009-12-31,10861,11159
2010-01-31,11026,11329
2010-02-28,11129,11372
2010-03-31,11319,11387
2010-04-30,11474,11513
2010-05-31,11203,11565
2010-06-30,11296,11745
2010-07-31,11589,11897
2010-08-31,11711,12046
2010-09-30,12003,12084
2010-10-31,12203,12146
2010-11-30,12173,12066
2010-12-31,12284,11959
2011-01-31,12430,11987
2011-02-28,12662,12025
2011-03-31,12715,12040
2011-04-30,12909,12196
2011-05-31,13018,12347
2011-06-30,12982,12306
2011-07-31,13092,12498
2011-08-31,12913,12625
2011-09-30,12579,12661
2011-10-31,12925,12733
2011-11-30,12744,12695
2011-12-31,12829,12844
2012-01-31,13182,12983
2012-02-29,13410,13013
2012-03-31,13452,12953
2012-04-30,13539,13094
2012-05-31,13403,13179
2012-06-30,13520,13212
2012-07-31,13750,13409
2012-08-31,13933,13437
2012-09-30,14180,13477
2012-10-31,14330,13520
2012-11-30,14333,13552
2012-12-31,14439,13554
2013-01-31,14682,13484
2013-02-28,14729,13548
2013-03-31,14896,13565
2013-04-30,15088,13714
2013-05-31,14962,13481
2013-06-30,14711,13244
2013-07-31,14817,13287
2013-08-31,14738,13211
2013-09-30,15001,13342
2013-10-31,15220,13475
2013-11-30,15263,13431
2013-12-31,15289,13372
2014-01-31,15381,13549
2014-02-28,15615,13646
2014-03-31,15673,13633
2014-04-30,15805,13746
2014-05-31,16028,13912
2014-06-30,16167,13933
2014-07-31,16079,13889
2014-08-31,16207,14040
2014-09-30,16020,13929
2014-10-31,16066,14065
2014-11-30,16007,14141
2014-12-31,15776,14115
2015-01-31,15746,14384
2015-02-28,15908,14300
2015-03-31,15881,14359
2015-04-30,16071,14343
2015-05-31,16098,14317
2015-06-30,15971,14158
2015-07-31,15917,14240
2015-08-31,15724,14198
2015-09-30,15545,14254
2015-10-31,15704,14299
2015-11-30,15624,14247
2015-12-31,15408,14176
2016-01-31,15297,14332
2016-02-29,15285,14434
2016-03-31,15695,14611
2016-04-30,16005,14711
2016-05-31,16058,14722
2016-06-30,16182,14981
2016-07-31,16418,15105
2016-08-31,16553,15121
2016-09-30,16586,15125
2016-10-31,16632,15024
2016-11-30,16490,14687
2016-12-31,16593,14730
2017-01-31,16739,14782
2017-02-28,16898,14896
2017-03-31,16949,14891
2017-04-30,17098,15015
2017-05-31,17233,15131
2017-06-30,17280,15118
2017-07-31,17387,15193
2017-08-31,17464,15324
2017-09-30,17482,15270
2017-10-31,17527,15289
2017-11-30,17553,15266
2017-12-31,17590,15333
2018-01-31,17597,15185
2018-02-28,17545,15041
2018-03-31,17524,15117
2018-04-30,17517,15016
2018-05-31,17546,15098
2018-06-30,17560,15076
2018-07-31,17620,15108
2018-08-31,17711,15182
2018-09-30,17726,15117
2018-10-31,17619,14991
2018-11-30,17619,15058
2018-12-31,17642,15294
2019-01-31,17926,15505
2019-02-28,18026,15522
2019-03-31,18188,15802
2019-04-30,18289,15824
2019-05-31,18360,16066
2019-06-30,18555,16294
2019-07-31,18610,16342
2019-08-31,18755,16712
2019-09-30,18775,16640
2019-10-31,18842,16693
2019-11-30,18861,16690
2019-12-31,18975,16715
2020-01-31,19105,17015
2020-02-29,19153,17270
2020-03-31,17892,16932
2020-04-30,18387,17271
2020-05-31,18915,17433
2020-06-30,19320,17578
2020-07-31,19680,17887
2020-08-31,19848,17784
2020-09-30,19915,17752
2020-10-31,19999,17688
2020-11-30,20279,17919
2020-12-31,20467,17981
2021-01-31,20525,17868
2021-02-28,20564,17637
2021-03-31,20518,17432
2021-04-30,20653,17579
2021-05-31,20731,17646
2021-06-30,20805,17774
2021-07-31,20911,17953
2021-08-31,20983,17941
2021-09-30,20971,17788
2021-10-31,20943,17773
2021-11-30,20895,17795
2021-12-31,20964,17783
2022-01-31,20743,17393
2022-02-28,20521,17156
2022-03-31,20245,16695
2022-04-30,19901,16073
2022-05-31,19919,16161
2022-06-30,19470,15838
2022-07-31,19783,16236
2022-08-31,19647,15814
2022-09-30,19215,15133
2022-10-31,19187,14967
2022-11-30,19545,15525
2022-12-31,19576,15472
2023-01-31,20030,15952
2023-02-28,19813,15560
2023-03-31,20093,15925
2023-04-30,20212,16023
2023-05-31,20173,15856
2023-06-30,20188,15832
2023-07-31,20313,15848
2023-08-31,20312,15752
2023-09-30,20059,15377
2023-10-31,19915,15145
2023-11-30,20501,15827
2023-12-31,21000,16427
2024-01-31,21077,16388
2024-02-29,20987,16192
2024-03-31,21156,16351
2024-04-30,20896,15969
2024-05-31,21179,16233
2024-06-30,21354,16382
2024-07-31,21725,16753
2024-08-31,21985,17000
2024-09-30,22227,17233
2024-10-31,21939,16842
2024-11-30,22127,17019
2024-12-31,21934,16762
2025-01-31,22088,16863
2025-02-28,22435,17212
2025-03-31,22433,17208

Hypothetical Growth of $10,000

(As of 31 Mar 2025)

(Hypothetical Growth of $10,000 vs Bloomberg U.S. Universal Index)

                        Categories,A Shares,Bloomberg U.S. Universal Index
                        2024-03-31,9547,10000
2024-04-30,9430,9766
2024-05-31,9557,9942
2024-06-30,9636,10058
2024-07-31,9804,10246
2024-08-31,9921,10397
2024-09-30,10030,10540
2024-10-31,9900,10300
2024-11-30,9985,10409
2024-12-31,9898,10252
2025-01-31,9967,10314
2025-02-28,10124,10527
2025-03-31,10123,10524

                        Categories,A Shares,Bloomberg U.S. Universal Index
                        2022-03-31,9554,10000
2022-04-30,9391,9627
2022-05-31,9400,9581
2022-06-30,9188,9295
2022-07-31,9336,9725
2022-08-31,9271,9472
2022-09-30,9067,8830
2022-10-31,9054,8865
2022-11-30,9223,9250
2022-12-31,9238,9138
2023-01-31,9452,9492
2023-02-28,9350,9250
2023-03-31,9482,9539
2023-04-30,9538,9597
2023-05-31,9519,9472
2023-06-30,9526,9559
2023-07-31,9585,9618
2023-08-31,9585,9523
2023-09-30,9465,9210
2023-10-31,9398,9072
2023-11-30,9674,9480
2023-12-31,9910,9963
2024-01-31,9946,9965
2024-02-29,9904,9698
2024-03-31,9983,9793
2024-04-30,9861,9565
2024-05-31,9994,9723
2024-06-30,10077,9812
2024-07-31,10252,10358
2024-08-31,10374,10532
2024-09-30,10489,10322
2024-10-31,10353,10088
2024-11-30,10442,10194
2024-12-31,10350,10040
2025-01-31,10423,10101
2025-02-28,10587,10309
2025-03-31,10586,10307

                        Categories,A Shares,Bloomberg U.S. Universal Index
                        2020-03-31,9547,10000
2020-04-30,9812,10200
2020-05-31,10094,10296
2020-06-30,10310,10381
2020-07-31,10502,10564
2020-08-31,10591,10503
2020-09-30,10627,10484
2020-10-31,10672,10447
2020-11-30,10821,10583
2020-12-31,10922,10619
2021-01-31,10953,10553
2021-02-28,10973,10416
2021-03-31,10949,10295
2021-04-30,11021,10382
2021-05-31,11063,10421
2021-06-30,11102,10497
2021-07-31,11159,10603
2021-08-31,11197,10596
2021-09-30,11191,10505
2021-10-31,11176,10497
2021-11-30,11150,10509
2021-12-31,11187,10502
2022-01-31,11069,10272
2022-02-28,10950,10132
2022-03-31,10803,9860
2022-04-30,10620,9492
2022-05-31,10629,9545
2022-06-30,10390,9354
2022-07-31,10557,9589
2022-08-31,10484,9340
2022-09-30,10254,8937
2022-10-31,10239,8839
2022-11-30,10430,9169
2022-12-31,10446,9138
2023-01-31,10689,9421
2023-02-28,10573,9190
2023-03-31,10722,9405
2023-04-30,10786,9463
2023-05-31,10765,9365
2023-06-30,10773,9350
2023-07-31,10840,9359
2023-08-31,10839,9303
2023-09-30,10704,9081
2023-10-31,10627,8945
2023-11-30,10940,9347
2023-12-31,11206,9702
2024-01-31,11247,9679
2024-02-29,11199,9563
2024-03-31,11289,9656
2024-04-30,11151,9431
2024-05-31,11302,9587
2024-06-30,11395,9675
2024-07-31,11593,9894
2024-08-31,11732,10040
2024-09-30,11861,10178
2024-10-31,11707,9947
2024-11-30,11808,10051
2024-12-31,11705,9900
2025-01-31,11786,9959
2025-02-28,11972,10165
2025-03-31,11971,10163

                        Categories,A Shares,Bloomberg U.S. Universal Index
                        2015-03-31,9551,10000
2015-04-30,9665,9988
2015-05-31,9682,9971
2015-06-30,9606,9860
2015-07-31,9573,9917
2015-08-31,9457,9888
2015-09-30,9349,9927
2015-10-31,9445,9958
2015-11-30,9397,9922
2015-12-31,9267,9872
2016-01-31,9200,9981
2016-02-29,9193,10052
2016-03-31,9440,10175
2016-04-30,9626,10245
2016-05-31,9658,10253
2016-06-30,9733,10433
2016-07-31,9874,10519
2016-08-31,9956,10531
2016-09-30,9975,10533
2016-10-31,10003,10463
2016-11-30,9918,10228
2016-12-31,9979,10258
2017-01-31,10067,10295
2017-02-28,10163,10374
2017-03-31,10193,10371
2017-04-30,10283,10457
2017-05-31,10364,10537
2017-06-30,10393,10528
2017-07-31,10457,10581
2017-08-31,10503,10672
2017-09-30,10514,10635
2017-10-31,10541,10647
2017-11-30,10557,10631
2017-12-31,10579,10678
2018-01-31,10584,10575
2018-02-28,10552,10475
2018-03-31,10539,10528
2018-04-30,10535,10458
2018-05-31,10553,10515
2018-06-30,10561,10499
2018-07-31,10597,10521
2018-08-31,10652,10573
2018-09-30,10661,10528
2018-10-31,10597,10440
2018-11-30,10597,10487
2018-12-31,10611,10651
2019-01-31,10781,10798
2019-02-28,10841,10809
2019-03-31,10939,11005
2019-04-30,10999,11020
2019-05-31,11042,11189
2019-06-30,11159,11347
2019-07-31,11192,11381
2019-08-31,11280,11638
2019-09-30,11292,11588
2019-10-31,11332,11625
2019-11-30,11344,11623
2019-12-31,11412,11640
2020-01-31,11491,11849
2020-02-29,11519,12027
2020-03-31,10760,11792
2020-04-30,11058,12028
2020-05-31,11376,12140
2020-06-30,11620,12242
2020-07-31,11836,12457
2020-08-31,11937,12385
2020-09-30,11977,12363
2020-10-31,12028,12318
2020-11-30,12196,12479
2020-12-31,12310,12522
2021-01-31,12344,12444
2021-02-28,12367,12283
2021-03-31,12340,12140
2021-04-30,12421,12242
2021-05-31,12468,12289
2021-06-30,12512,12378
2021-07-31,12576,12503
2021-08-31,12620,12494
2021-09-30,12613,12388
2021-10-31,12596,12378
2021-11-30,12567,12392
2021-12-31,12609,12384
2022-01-31,12476,12113
2022-02-28,12342,11947
2022-03-31,12176,11627
2022-04-30,11969,11193
2022-05-31,11980,11255
2022-06-30,11710,11030
2022-07-31,11898,11307
2022-08-31,11816,11013
2022-09-30,11557,10539
2022-10-31,11540,10423
2022-11-30,11755,10812
2022-12-31,11773,10775
2023-01-31,12047,11109
2023-02-28,11916,10836
2023-03-31,12084,11091
2023-04-30,12156,11158
2023-05-31,12132,11043
2023-06-30,12141,11026
2023-07-31,12217,11036
2023-08-31,12216,10970
2023-09-30,12064,10708
2023-10-31,11977,10547
2023-11-30,12330,11022
2023-12-31,12630,11440
2024-01-31,12676,11413
2024-02-29,12622,11276
2024-03-31,12723,11387
2024-04-30,12568,11121
2024-05-31,12738,11305
2024-06-30,12843,11408
2024-07-31,13066,11667
2024-08-31,13222,11839
2024-09-30,13368,12002
2024-10-31,13195,11729
2024-11-30,13308,11853
2024-12-31,13192,11674
2025-01-31,13284,11744
2025-02-28,13493,11987
2025-03-31,13492,11984

The Hypothetical Growth graph compares a hypothetical investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Distributions

            Categories,Total ($)
            2007-01-31,0
2007-02-28,0
2007-03-31,0
2007-04-30,0
2007-05-31,0
2007-06-30,0
2007-07-31,0
2007-08-31,0
2007-09-30,0
2007-10-31,0
2007-11-30,0
2007-12-31,0.01481
2008-01-31,0
2008-02-29,0
2008-03-31,0.15507
2008-04-30,0
2008-05-31,0
2008-06-30,0.18250
2008-07-31,0
2008-08-31,0
2008-09-30,0.18560
2008-10-31,0
2008-11-30,0
2008-12-31,0.20638
2009-01-31,0
2009-02-28,0
2009-03-31,0.17000
2009-04-30,0
2009-05-31,0
2009-06-30,0.18570
2009-07-31,0
2009-08-31,0
2009-09-30,0.20719
2009-10-31,0
2009-11-19,0.05056
2009-11-30,0
2009-12-31,0.22272
2010-01-31,0
2010-02-28,0
2010-03-31,0.00211
2010-04-30,0
2010-05-31,0
2010-06-30,0.00275
2010-07-31,0
2010-08-31,0
2010-09-30,0.00231
2010-10-31,0
2010-11-19,0.28440
2010-11-30,0
2010-12-31,0.22000
2011-01-31,0
2011-02-28,0
2011-03-31,0.17351
2011-04-30,0
2011-05-31,0
2011-06-30,0.18415
2011-07-31,0
2011-08-31,0
2011-09-30,0.20300
2011-10-31,0
2011-11-18,0.27627
2011-11-30,0
2011-12-31,0.21750
2012-01-31,0.06000
2012-02-29,0.05500
2012-03-31,0.05750
2012-04-30,0.05750
2012-05-31,0.06000
2012-06-30,0.06250
2012-07-31,0.06250
2012-08-31,0.06000
2012-09-30,0.05500
2012-10-31,0.05000
2012-11-20,0.13672
2012-11-30,0.05500
2012-12-31,0.06000
2013-01-31,0.05500
2013-02-28,0.05000
2013-03-31,0.05000
2013-04-30,0.05000
2013-05-31,0.05500
2013-06-30,0.05250
2013-07-31,0.05750
2013-08-31,0.05500
2013-09-30,0.05500
2013-10-31,0.05750
2013-11-19,0.26972
2013-11-30,0.05500
2013-12-31,0.05000
2014-01-31,0.04250
2014-02-28,0.04250
2014-03-31,0.04500
2014-04-30,0.04250
2014-05-31,0.03976
2014-06-30,0.04750
2014-07-31,0.04250
2014-08-31,0.03750
2014-09-30,0.03750
2014-10-31,0.03500
2014-11-19,0.15012
2014-11-30,0.03500
2014-12-31,0.03750
2015-01-31,0.03750
2015-02-28,0.04000
2015-03-31,0.04000
2015-04-30,0.04000
2015-05-31,0.04000
2015-06-30,0.03750
2015-07-31,0.04000
2015-08-31,0.04000
2015-09-30,0.04000
2015-10-31,0.02500
2015-11-19,0.02742
2015-11-30,0.02500
2015-12-31,0.02500
2016-01-31,0.04125
2016-02-29,0.04125
2016-03-31,0.04125
2016-04-30,0.03875
2016-05-31,0.02750
2016-06-30,0.02750
2016-07-31,0.02500
2016-08-31,0.02500
2016-09-30,0.02250
2016-10-31,0.02250
2016-11-30,0.02125
2016-12-31,0.02125
2017-01-31,0.02125
2017-02-28,0.04000
2017-03-31,0.03500
2017-04-30,0.03250
2017-05-31,0.03250
2017-06-30,0.03250
2017-07-31,0.03250
2017-08-31,0.03250
2017-09-30,0.03250
2017-10-31,0.03000
2017-11-30,0.02750
2017-12-31,0.02500
2018-01-31,0.02500
2018-02-28,0.02500
2018-03-31,0.02575
2018-04-30,0.02575
2018-05-31,0.02900
2018-06-30,0.02900
2018-07-31,0.03000
2018-08-31,0.03000
2018-09-30,0.03000
2018-10-31,0.03000
2018-11-30,0.03000
2018-12-31,0.03500
2019-01-31,0.03500
2019-02-28,0.03500
2019-03-31,0.03500
2019-04-30,0.03500
2019-05-31,0.03550
2019-06-30,0.03550
2019-07-31,0.03500
2019-08-31,0.03275
2019-09-30,0.03275
2019-10-31,0.03275
2019-11-30,0.03200
2019-12-31,0.03200
2020-01-31,0.03200
2020-02-29,0.03000
2020-03-31,0.02950
2020-04-30,0.02950
2020-05-31,0.02950
2020-06-30,0.03150
2020-07-31,0.03350
2020-08-31,0.03350
2020-09-30,0.04150
2020-10-31,0.04150
2020-11-30,0.04150
2020-12-31,0.04500
2021-01-31,0.04500
2021-02-28,0.04350
2021-03-31,0.04250
2021-04-30,0.04100
2021-05-31,0.03700
2021-06-30,0.03400
2021-07-31,0.03350
2021-08-31,0.03300
2021-09-30,0.03300
2021-10-31,0.03300
2021-11-18,0.02961
2021-11-30,0.03200
2021-12-31,0.03100
2022-01-31,0.03050
2022-02-28,0.03000
2022-03-31,0.02950
2022-04-30,0.03000
2022-05-31,0.03025
2022-06-30,0.03025
2022-07-31,0.03075
2022-08-31,0.03143
2022-09-30,0.03250
2022-10-31,0.03400
2022-11-30,0.03400
2022-12-31,0.03750
2023-01-31,0.03750
2023-02-28,0.03750
2023-03-31,0.03725
2023-04-30,0.03700
2023-05-31,0.03775
2023-06-30,0.03850
2023-07-31,0.03950
2023-08-31,0.03950
2023-09-30,0.04025
2023-10-31,0.04100
2023-11-30,0.04100
2023-12-31,0.04200
2024-01-31,0.04200
2024-02-29,0.04125
2024-03-31,0.04075
2024-04-30,0.04075
2024-05-31,0.04125
2024-06-30,0.04350
2024-07-31,0.04725
2024-08-31,0.04725
2024-09-30,0.04800
2024-10-31,0.04850
2024-11-30,0.04850
2024-12-31,0.04950
2025-01-31,0.04950
2025-02-28,0.04950
2025-03-31,0.04900

            Ex-Date, Payable Date,Total ($),Income ($),ST Cap Gains ($),LT Cap Gains ($)
2007-01-31,1170201600,0,0,0,0
2007-02-28,1172620800,0,0,0,0
2007-03-31,1175299200,0,0,0,0
2007-04-30,1177891200,0,0,0,0
2007-05-31,1180569600,0,0,0,0
2007-06-30,1183161600,0,0,0,0
2007-07-31,1185840000,0,0,0,0
2007-08-31,1188518400,0,0,0,0
2007-09-30,1191110400,0,0,0,0
2007-10-31,1193788800,0,0,0,0
2007-11-30,1196380800,0,0,0,0
2007-12-31,1199059200,0.01481,0.01481,0,0
2008-01-31,1201737600,0,0,0,0
2008-02-29,1204243200,0,0,0,0
2008-03-31,1206921600,0.15507,0.15507,0,0
2008-04-30,1209513600,0,0,0,0
2008-05-31,1212192000,0,0,0,0
2008-06-30,1214784000,0.18250,0.18250,0,0
2008-07-31,1217462400,0,0,0,0
2008-08-31,1220140800,0,0,0,0
2008-09-30,1222732800,0.18560,0.18560,0,0
2008-10-31,1225411200,0,0,0,0
2008-11-30,1228003200,0,0,0,0
2008-12-31,1230681600,0.20638,0.20638,0,0
2009-01-31,1233360000,0,0,0,0
2009-02-28,1235779200,0,0,0,0
2009-03-31,1238457600,0.17000,0.17000,0,0
2009-04-30,1241049600,0,0,0,0
2009-05-31,1243728000,0,0,0,0
2009-06-30,1246320000,0.18570,0.18570,0,0
2009-07-31,1248998400,0,0,0,0
2009-08-31,1251676800,0,0,0,0
2009-09-30,1254268800,0.20719,0.20719,0,0
2009-10-31,1256947200,0,0,0,0
2009-11-19,1258588800,0.05056,0,0.04624,0.00432
2009-11-30,1259539200,0,0,0,0
2009-12-31,1262217600,0.22272,0.22272,0,0
2010-01-31,1264896000,0,0,0,0
2010-02-28,1267315200,0,0,0,0
2010-03-31,1269993600,0.00211,0.00211,0,0
2010-04-30,1272585600,0,0,0,0
2010-05-31,1275264000,0,0,0,0
2010-06-30,1277856000,0.00275,0.00275,0,0
2010-07-31,1280534400,0,0,0,0
2010-08-31,1283212800,0,0,0,0
2010-09-30,1285804800,0.00231,0.00231,0,0
2010-10-31,1288483200,0,0,0,0
2010-11-19,1290124800,0.28440,0,0.17443,0.10997
2010-11-30,1291075200,0,0,0,0
2010-12-31,1293753600,0.22000,0.22000,0,0
2011-01-31,1296432000,0,0,0,0
2011-02-28,1298851200,0,0,0,0
2011-03-31,1301529600,0.17351,0.17351,0,0
2011-04-30,1304121600,0,0,0,0
2011-05-31,1306800000,0,0,0,0
2011-06-30,1309392000,0.18415,0.18415,0,0
2011-07-31,1312070400,0,0,0,0
2011-08-31,1314748800,0,0,0,0
2011-09-30,1317340800,0.20300,0.20300,0,0
2011-10-31,1320019200,0,0,0,0
2011-11-18,1321574400,0.27627,0,0.06902,0.20725
2011-11-30,1322611200,0,0,0,0
2011-12-30,1325289600,0.21750,0.21750,0,0
2012-01-31,1327968000,0.06000,0.06000,0,0
2012-02-29,1330473600,0.05500,0.05500,0,0
2012-03-30,1333152000,0.05750,0.05750,0,0
2012-04-30,1335744000,0.05750,0.05750,0,0
2012-05-31,1338422400,0.06000,0.06000,0,0
2012-06-29,1341014400,0.06250,0.06250,0,0
2012-07-31,1343692800,0.06250,0.06250,0,0
2012-08-31,1346371200,0.06000,0.06000,0,0
2012-09-28,1348963200,0.05500,0.05500,0,0
2012-10-31,1351641600,0.05000,0.05000,0,0
2012-11-20,1353369600,0.13672,0,0.06761,0.06911
2012-11-30,1354233600,0.05500,0.05500,0,0
2012-12-31,1356912000,0.06000,0.06000,0,0
2013-01-31,1359590400,0.05500,0.05500,0,0
2013-02-28,1362009600,0.05000,0.05000,0,0
2013-03-28,1364688000,0.05000,0.05000,0,0
2013-04-30,1367280000,0.05000,0.05000,0,0
2013-05-31,1369958400,0.05500,0.05500,0,0
2013-06-28,1372550400,0.05250,0.05250,0,0
2013-07-31,1375228800,0.05750,0.05750,0,0
2013-08-30,1377907200,0.05500,0.05500,0,0
2013-09-30,1380499200,0.05500,0.05500,0,0
2013-10-31,1383177600,0.05750,0.05750,0,0
2013-11-19,1384819200,0.26972,0,0.11575,0.15397
2013-11-29,1385769600,0.05500,0.05500,0,0
2013-12-31,1388448000,0.05000,0.05000,0,0
2014-01-31,1391126400,0.04250,0.04250,0,0
2014-02-28,1393545600,0.04250,0.04250,0,0
2014-03-31,1396224000,0.04500,0.04500,0,0
2014-04-30,1398816000,0.04250,0.04250,0,0
2014-05-30,1401494400,0.03976,0.03976,0,0
2014-06-30,1404086400,0.04750,0.04750,0,0
2014-07-31,1406764800,0.04250,0.04250,0,0
2014-08-29,1409443200,0.03750,0.03750,0,0
2014-09-30,1412035200,0.03750,0.03750,0,0
2014-10-31,1414713600,0.03500,0.03500,0,0
2014-11-19,1416355200,0.15012,0,0.05556,0.09456
2014-11-28,1417305600,0.03500,0.03500,0,0
2014-12-31,1419984000,0.03750,0.03750,0,0
2015-01-30,1422662400,0.03750,0.03750,0,0
2015-02-27,1425081600,0.04000,0.04000,0,0
2015-03-31,1427760000,0.04000,0.04000,0,0
2015-04-30,1430352000,0.04000,0.04000,0,0
2015-05-29,1433030400,0.04000,0.04000,0,0
2015-06-30,1435622400,0.03750,0.03750,0,0
2015-07-31,1438300800,0.04000,0.04000,0,0
2015-08-31,1440979200,0.04000,0.04000,0,0
2015-09-30,1443571200,0.04000,0.04000,0,0
2015-10-30,1446249600,0.02500,0.02500,0,0
2015-11-19,1447891200,0.02742,0,0.02742,0.00000
2015-11-30,1448841600,0.02500,0.02500,0,0
2015-12-31,1451520000,0.02500,0.02500,0,0
2016-01-29,1454198400,0.04125,0.04125,0,0
2016-02-29,1456704000,0.04125,0.04125,0,0
2016-03-31,1459382400,0.04125,0.04125,0,0
2016-04-29,1461974400,0.03875,0.03875,0,0
2016-05-31,1464652800,0.02750,0.02750,0,0
2016-06-30,1467244800,0.02750,0.02750,0,0
2016-07-29,1469923200,0.02500,0.02500,0,0
2016-08-31,1472601600,0.02500,0.02500,0,0
2016-09-30,1475193600,0.02250,0.02250,0,0
2016-10-31,1477872000,0.02250,0.02250,0,0
2016-11-30,1480464000,0.02125,0.02125,0,0
2016-12-30,1483142400,0.02125,0.02125,0,0
2017-01-31,1485820800,0.02125,0.02125,0,0
2017-02-28,1488240000,0.04000,0.04000,0,0
2017-03-31,1490918400,0.03500,0.03500,0,0
2017-04-28,1493510400,0.03250,0.03250,0,0
2017-05-31,1496188800,0.03250,0.03250,0,0
2017-06-30,1498780800,0.03250,0.03250,0,0
2017-07-31,1501459200,0.03250,0.03250,0,0
2017-08-31,1504137600,0.03250,0.03250,0,0
2017-09-29,1506729600,0.03250,0.03250,0,0
2017-10-31,1509408000,0.03000,0.03000,0,0
2017-11-30,1512000000,0.02750,0.02750,0,0
2017-12-29,1514678400,0.02500,0.02500,0,0
2018-01-31,1517356800,0.02500,0.02500,0,0
2018-02-28,1519776000,0.02500,0.02500,0,0
2018-03-29,1522454400,0.02575,0.02575,0,0
2018-04-30,1525046400,0.02575,0.02575,0,0
2018-05-31,1527724800,0.02900,0.02900,0,0
2018-06-29,1530316800,0.02900,0.02900,0,0
2018-07-31,1532995200,0.03000,0.03000,0,0
2018-08-31,1535673600,0.03000,0.03000,0,0
2018-09-28,1538265600,0.03000,0.03000,0,0
2018-10-31,1540944000,0.03000,0.03000,0,0
2018-11-30,1543536000,0.03000,0.03000,0,0
2018-12-31,1546214400,0.03500,0.03500,0,0
2019-01-31,1548892800,0.03500,0.03500,0,0
2019-02-28,1551312000,0.03500,0.03500,0,0
2019-03-29,1553990400,0.03500,0.03500,0,0
2019-04-30,1556582400,0.03500,0.03500,0,0
2019-05-31,1559260800,0.03550,0.03550,0,0
2019-06-28,1561852800,0.03550,0.03550,0,0
2019-07-31,1564531200,0.03500,0.03500,0,0
2019-08-31,1567209600,0.03275,0.03275,0,0
2019-09-30,1569801600,0.03275,0.03275,0,0
2019-10-31,1572480000,0.03275,0.03275,0,0
2019-11-30,1575072000,0.03200,0.03200,0,0
2019-12-31,1577750400,0.03200,0.03200,0,0
2020-01-31,1580428800,0.03200,0.03200,0,0
2020-02-29,1582934400,0.03000,0.03000,0,0
2020-03-31,1585612800,0.02950,0.02950,0,0
2020-04-30,1588204800,0.02950,0.02950,0,0
2020-05-31,1590883200,0.02950,0.02950,0,0
2020-06-30,1593475200,0.03150,0.03150,0,0
2020-07-31,1596153600,0.03350,0.03350,0,0
2020-08-31,1598832000,0.03350,0.03350,0,0
2020-09-30,1601424000,0.04150,0.04150,0,0
2020-10-30,1604102400,0.04150,0.04150,0,0
2020-11-30,1606694400,0.04150,0.04150,0,0
2020-12-31,1609372800,0.04500,0.04500,0,0
2021-01-29,1612051200,0.04500,0.04500,0,0
2021-02-26,1614470400,0.04350,0.04350,0,0
2021-03-31,1617148800,0.04250,0.04250,0,0
2021-04-30,1619740800,0.04100,0.04100,0,0
2021-05-28,1622419200,0.03700,0.03700,0,0
2021-06-30,1625011200,0.03400,0.03400,0,0
2021-07-30,1627689600,0.03350,0.03350,0,0
2021-08-31,1630368000,0.03300,0.03300,0,0
2021-09-30,1632960000,0.03300,0.03300,0,0
2021-10-29,1635638400,0.03300,0.03300,0,0
2021-11-18,1637193600,0.02961,0,0.02906,0.00055
2021-11-30,1638230400,0.03200,0.03200,0,0
2021-12-31,1640908800,0.03100,0.03100,0,0
2022-01-31,1643587200,0.03050,0.03050,0,0
2022-02-28,1646006400,0.03000,0.03000,0,0
2022-03-31,1648684800,0.02950,0.02950,0,0
2022-04-29,1651276800,0.03000,0.03000,0,0
2022-05-31,1653955200,0.03025,0.03025,0,0
2022-06-30,1656547200,0.03025,0.03025,0,0
2022-07-29,1659225600,0.03075,0.03075,0,0
2022-08-31,1661904000,0.03143,0.03143,0,0
2022-09-30,1664496000,0.03250,0.03250,0,0
2022-10-31,1667174400,0.03400,0.03400,0,0
2022-11-30,1669766400,0.03400,0.03400,0,0
2022-12-30,1672444800,0.03750,0.03750,0,0
2023-01-31,1675123200,0.03750,0.03750,0,0
2023-02-28,1677542400,0.03750,0.03750,0,0
2023-03-31,1680220800,0.03725,0.03725,0,0
2023-04-28,1682812800,0.03700,0.03700,0,0
2023-05-31,1685491200,0.03775,0.03775,0,0
2023-06-30,1688083200,0.03850,0.03850,0,0
2023-07-31,1690761600,0.03950,0.03950,0,0
2023-08-31,1693440000,0.03950,0.03950,0,0
2023-09-29,1696032000,0.04025,0.04025,0,0
2023-10-31,1698710400,0.04100,0.04100,0,0
2023-11-30,1701302400,0.04100,0.04100,0,0
2023-12-29,1703980800,0.04200,0.04200,0,0
2024-01-31,1706659200,0.04200,0.04200,0,0
2024-02-29,1709164800,0.04125,0.04125,0,0
2024-03-28,1711843200,0.04075,0.04075,0,0
2024-04-30,1714435200,0.04075,0.04075,0,0
2024-05-31,1717113600,0.04125,0.04125,0,0
2024-06-28,1719705600,0.04350,0.04350,0,0
2024-07-31,1722384000,0.04725,0.04725,0,0
2024-08-30,1725062400,0.04725,0.04725,0,0
2024-09-30,1727654400,0.04800,0.04800,0,0
2024-10-31,1730332800,0.04850,0.04850,0,0
2024-11-29,1732924800,0.04850,0.04850,0,0
2024-12-31,1735603200,0.04950,0.04950,0,0
2025-01-31,1738281600,0.04950,0.04950,0,0
2025-02-28,1740700800,0.04950,0.04950,0,0
2025-03-31,1743379200,0.04900,0.04900,0,0

Distributions

(As of 31 Mar 2025)

Ex-Date

Payable Date

Total ($)

Income ($)

ST Cap Gains ($)

LT Cap Gains ($)

31 Jan 2007

—

28 Feb 2007

—

31 Mar 2007

—

30 Apr 2007

—

31 May 2007

—

30 Jun 2007

—

31 Jul 2007

—

31 Aug 2007

—

30 Sep 2007

—

31 Oct 2007

—

30 Nov 2007

—

31 Dec 2007

0.01481

—

31 Jan 2008

—

29 Feb 2008

—

31 Mar 2008

0.15507

—

30 Apr 2008

—

31 May 2008

—

30 Jun 2008

0.18250

—

31 Jul 2008

—

31 Aug 2008

—

30 Sep 2008

0.18560

—

31 Oct 2008

—

30 Nov 2008

—

31 Dec 2008

0.20638

—

31 Jan 2009

—

28 Feb 2009

—

31 Mar 2009

0.17000

—

30 Apr 2009

—

31 May 2009

—

30 Jun 2009

0.18570

—

31 Jul 2009

—

31 Aug 2009

—

30 Sep 2009

0.20719

—

31 Oct 2009

—

19 Nov 2009

0.05056

—

0.04624

0.00432

30 Nov 2009

—

31 Dec 2009

0.22272

—

31 Jan 2010

—

28 Feb 2010

—

31 Mar 2010

0.00211

—

30 Apr 2010

—

31 May 2010

—

30 Jun 2010

0.00275

—

31 Jul 2010

—

31 Aug 2010

—

30 Sep 2010

0.00231

—

31 Oct 2010

—

19 Nov 2010

0.28440

—

0.17443

0.10997

30 Nov 2010

—

31 Dec 2010

0.22000

—

31 Jan 2011

—

28 Feb 2011

—

31 Mar 2011

0.17351

—

30 Apr 2011

—

31 May 2011

—

30 Jun 2011

0.18415

—

31 Jul 2011

—

31 Aug 2011

—

30 Sep 2011

0.20300

—

31 Oct 2011

—

18 Nov 2011

0.27627

—

0.06902

0.20725

30 Nov 2011

—

30 Dec 2011

31 Dec 2011

0.21750

—

31 Jan 2012

0.06000

—

29 Feb 2012

0.05500

—

30 Mar 2012

31 Mar 2012

0.05750

—

30 Apr 2012

0.05750

—

31 May 2012

0.06000

—

29 Jun 2012

30 Jun 2012

0.06250

—

31 Jul 2012

0.06250

—

31 Aug 2012

0.06000

—

28 Sep 2012

30 Sep 2012

0.05500

—

31 Oct 2012

0.05000

—

20 Nov 2012

0.13672

—

0.06761

0.06911

30 Nov 2012

0.05500

—

31 Dec 2012

0.06000

—

31 Jan 2013

0.05500

—

28 Feb 2013

0.05000

—

28 Mar 2013

31 Mar 2013

0.05000

—

30 Apr 2013

0.05000

—

31 May 2013

0.05500

—

28 Jun 2013

30 Jun 2013

0.05250

—

31 Jul 2013

0.05750

—

30 Aug 2013

31 Aug 2013

0.05500

—

30 Sep 2013

0.05500

—

31 Oct 2013

0.05750

—

19 Nov 2013

0.26972

—

0.11575

0.15397

29 Nov 2013

30 Nov 2013

0.05500

—

31 Dec 2013

0.05000

—

31 Jan 2014

0.04250

—

28 Feb 2014

0.04250

—

31 Mar 2014

0.04500

—

30 Apr 2014

0.04250

—

30 May 2014

31 May 2014

0.03976

—

30 Jun 2014

0.04750

—

31 Jul 2014

0.04250

—

29 Aug 2014

31 Aug 2014

0.03750

—

30 Sep 2014

0.03750

—

31 Oct 2014

0.03500

—

19 Nov 2014

0.15012

—

0.05556

0.09456

28 Nov 2014

30 Nov 2014

0.03500

—

31 Dec 2014

0.03750

—

30 Jan 2015

31 Jan 2015

0.03750

—

27 Feb 2015

28 Feb 2015

0.04000

—

31 Mar 2015

0.04000

—

30 Apr 2015

0.04000

—

29 May 2015

31 May 2015

0.04000

—

30 Jun 2015

0.03750

—

31 Jul 2015

0.04000

—

31 Aug 2015

0.04000

—

30 Sep 2015

0.04000

—

30 Oct 2015

31 Oct 2015

0.02500

—

19 Nov 2015

0.02742

—

0.02742

0.00000

30 Nov 2015

0.02500

—

31 Dec 2015

0.02500

—

29 Jan 2016

31 Jan 2016

0.04125

—

29 Feb 2016

0.04125

—

31 Mar 2016

0.04125

—

29 Apr 2016

30 Apr 2016

0.03875

—

31 May 2016

0.02750

—

30 Jun 2016

0.02750

—

29 Jul 2016

31 Jul 2016

0.02500

—

31 Aug 2016

0.02500

—

30 Sep 2016

0.02250

—

31 Oct 2016

0.02250

—

30 Nov 2016

0.02125

—

30 Dec 2016

31 Dec 2016

0.02125

—

31 Jan 2017

0.02125

—

28 Feb 2017

0.04000

—

31 Mar 2017

0.03500

—

28 Apr 2017

30 Apr 2017

0.03250

—

31 May 2017

0.03250

—

30 Jun 2017

0.03250

—

31 Jul 2017

0.03250

—

31 Aug 2017

0.03250

—

29 Sep 2017

30 Sep 2017

0.03250

—

31 Oct 2017

0.03000

—

30 Nov 2017

0.02750

—

29 Dec 2017

31 Dec 2017

0.02500

—

31 Jan 2018

0.02500

—

28 Feb 2018

0.02500

—

29 Mar 2018

31 Mar 2018

0.02575

—

30 Apr 2018

0.02575

—

31 May 2018

0.02900

—

29 Jun 2018

30 Jun 2018

0.02900

—

31 Jul 2018

0.03000

—

31 Aug 2018

0.03000

—

28 Sep 2018

30 Sep 2018

0.03000

—

31 Oct 2018

0.03000

—

30 Nov 2018

0.03000

—

31 Dec 2018

0.03500

—

31 Jan 2019

0.03500

—

28 Feb 2019

0.03500

—

29 Mar 2019

31 Mar 2019

0.03500

—

30 Apr 2019

0.03500

—

31 May 2019

0.03550

—

28 Jun 2019

30 Jun 2019

0.03550

—

31 Jul 2019

0.03500

—

31 Aug 2019

0.03275

—

30 Sep 2019

0.03275

—

31 Oct 2019

0.03275

—

30 Nov 2019

0.03200

—

31 Dec 2019

0.03200

—

31 Jan 2020

0.03200

—

29 Feb 2020

0.03000

—

31 Mar 2020

0.02950

—

30 Apr 2020

0.02950

—

31 May 2020

0.02950

—

30 Jun 2020

0.03150

—

31 Jul 2020

0.03350

—

31 Aug 2020

0.03350

—

30 Sep 2020

0.04150

—

30 Oct 2020

31 Oct 2020

0.04150

—

30 Nov 2020

0.04150

—

31 Dec 2020

0.04500

—

29 Jan 2021

31 Jan 2021

0.04500

—

26 Feb 2021

28 Feb 2021

0.04350

—

31 Mar 2021

0.04250

—

30 Apr 2021

0.04100

—

28 May 2021

31 May 2021

0.03700

—

30 Jun 2021

0.03400

—

30 Jul 2021

31 Jul 2021

0.03350

—

31 Aug 2021

0.03300

—

30 Sep 2021

0.03300

—

29 Oct 2021

31 Oct 2021

0.03300

—

18 Nov 2021

0.02961

—

0.02906

0.00055

30 Nov 2021

0.03200

—

31 Dec 2021

0.03100

—

31 Jan 2022

0.03050

—

28 Feb 2022

0.03000

—

31 Mar 2022

0.02950

—

29 Apr 2022

30 Apr 2022

0.03000

—

31 May 2022

0.03025

—

30 Jun 2022

0.03025

—

29 Jul 2022

31 Jul 2022

0.03075

—

31 Aug 2022

0.03143

—

30 Sep 2022

0.03250

—

31 Oct 2022

0.03400

—

30 Nov 2022

0.03400

—

30 Dec 2022

31 Dec 2022

0.03750

—

31 Jan 2023

0.03750

—

28 Feb 2023

0.03750

—

31 Mar 2023

0.03725

—

28 Apr 2023

30 Apr 2023

0.03700

—

31 May 2023

0.03775

—

30 Jun 2023

0.03850

—

31 Jul 2023

0.03950

—

31 Aug 2023

0.03950

—

29 Sep 2023

30 Sep 2023

0.04025

—

31 Oct 2023

0.04100

—

30 Nov 2023

0.04100

—

29 Dec 2023

31 Dec 2023

0.04200

—

31 Jan 2024

0.04200

—

29 Feb 2024

0.04125

—

28 Mar 2024

31 Mar 2024

0.04075

—

30 Apr 2024

0.04075

—

31 May 2024

0.04125

—

28 Jun 2024

30 Jun 2024

0.04350

—

31 Jul 2024

0.04725

—

30 Aug 2024

31 Aug 2024

0.04725

—

30 Sep 2024

0.04800

—

31 Oct 2024

0.04850

—

29 Nov 2024

30 Nov 2024

0.04850

—

31 Dec 2024

0.04950

—

31 Jan 2025

0.04950

—

28 Feb 2025

0.04950

—

31 Mar 2025

0.04900

—

Fund Facts

(As of 31 Mar 2025)

Net Fund Assets

$9.6 B

Benchmark

Bloomberg U.S. Universal Index

Morningstar Category

Multisector Bond

Fund Symbol

TSIAX

Share Class

Share Class Inception Date

19 Dec 2007

Number of Holdings

1180

Portfolio Turnover

60%

Distribution Frequency

Monthly

30-Day SEC Yield (Subsidized)

4.30%

30-Day SEC Yield (Unsubsidized)

4.29%

Annualized Distribution Yield

4.73%

Characteristics

Portfolio

(As of 31 Mar 2025)

Portfolio

Benchmark

Effective Duration

4.2 Yrs

5.8 Yrs

Average Effective Maturity

5.5 Yrs

8.0 Yrs

Portfolio

Benchmark

Weighted Average Coupon

4.2%

3.8%

Yield to Worst

5.7%

4.8%

Risk & Return Profile

(As of 31 Mar 2025)

10y

Beta

0.58

0.61

0.63

R-Squared (%)

93.91

83.62

57.41

Standard Deviation (%)

4.46

4.18

4.07

Sharpe Ratio

-0.12

0.56

0.49

Information Ratio

0.88

1.58

0.64

Up Capture (%)

73.41

88.17

84.65

Down Capture (%)

43.37

33.23

42.76

Past performance does not guarantee future results.

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

Portfolio

Top Holdings

(As of 28 Feb 2025)

Name

Ticker/Symbol

Weight %

United States Treasury Note/Bond

91282CLW9

2.3

United States Treasury Note/Bond

91282CEP2

1.8

United States Treasury Note/Bond

91282CFF3

1.7

United States Treasury Inflation Indexed Bonds

91282CJY8

1.7

Fannie Mae Pool

3140XMY42

1.3

United States Treasury Inflation Indexed Bonds

912810PV4

1.2

Fannie Mae Pool

3140XMZX7

1.1

Freddie Mac Pool

3132E0T93

1.0

United States Treasury Note/Bond

91282CJJ1

1.0

Freddie Mac Pool

3132E0T85

0.9

Download Holdings

Portfolio holdings are subject to change daily.

Exposure Breakdown

(As of 31 Mar 2025)

Sector Allocation

Fund (%)

Benchmark (%)

Fund

Benchmark

10%

20%

30%

40%

50%

Corporate

41.2

29.9

Collateralized Mortgage Obligation

13.8

—

Treasury-Domestic

13.7

38.2

Mortgage Passthrough

10.4

21.4

Asset Backed Securities

9.7

0.4

Cash & Cash Equivalents

3.3

—

Commercial Mortgage Backed Security

3.2

1.3

Treasury-Foreign

2.1

4.5

Bank Loan

1.7

—

Preferred Stock

0.8

—

Municipals

0.0

0.8

Currency Forward

0.0

—

Sector Allocation

Fund (%)

Corporate

41.2

Collateralized Mortgage Obligation

13.8

Treasury-Domestic

13.7

Mortgage Passthrough

10.4

Asset Backed Securities

9.7

Cash & Cash Equivalents

3.3

Commercial Mortgage Backed Security

3.2

Treasury-Foreign

2.1

Bank Loan

1.7

Preferred Stock

0.8

Municipals

0.0

Currency Forward

0.0

Top 10 Countries

Fund (%)

Benchmark (%)

Region

Portfolio

Benchmark

10%

20%

30%

40%

50%

60%

70%

80%

90%

United States

85.8

86.0

North America

Canada

1.9

1.5

North America

Mexico

1.1

0.5

Latin America

United Kingdom

1.0

1.3

Brazil

0.8

0.1

Latin America

DOM

0.7

0.1

Other

TUR

0.7

0.3

Europe ex UK

0.7

0.3

Other

France

0.6

0.7

Europe ex UK

United Arab Emirates

0.6

0.4

Other

Top 10 Countries

Fund (%)

United States

85.8

Canada

1.9

Mexico

1.1

United Kingdom

1.0

Brazil

0.8

DOM

0.7

TUR

0.7

France

0.6

United Arab Emirates

0.6

Credit Quality

Fund (%)

Benchmark (%)

Fund

Benchmark

10%

20%

30%

40%

50%

60%

70%

U.S. Government

27.2

60.6

AAA

11.0

2.9

3.4

5.5

10.9

12.2

BBB

22.3

12.9

13.5

3.1

3.7

2.0

CCC

0.1

0.7

0.0

Not Rated

4.7

0.1

Cash & Cash Equivalents

3.2

—

Credit Quality

Fund (%)

U.S. Government

27.2

AAA

11.0

3.4

10.9

BBB

22.3

13.5

3.7

CCC

0.1

0.0

Not Rated

4.7

Cash & Cash Equivalents

3.2

Maturity

Fund (%)

Benchmark (%)

Fund

Benchmark

10%

15%

20%

25%

30%

Year 1

8.9

1.4

Year 2

9.7

12.5

Year 3

11.4

11.1

Year 4

11.7

9.9

Year 5

11.9

10.8

Year 6

4.6

6.2

Year 7

6.7

7.5

Year 8

6.9

5.5

Year 9

6.0

6.3

Year 10+

18.9

28.6

Cash

3.2

—

Maturity

Fund (%)

Year 1

8.9

Year 2

9.7

Year 3

11.4

Year 4

11.7

Year 5

11.9

Year 6

4.6

Year 7

6.7

Year 8

6.9

Year 9

6.0

Year 10+

18.9

Cash

3.2

Credit quality ratings use the highest rating available from either S&P Global Ratings or Moody's Investors Service. Unrated securities are evaluated by the firm using available data and their own analysis that may be similar to that of a nationally recognized rating agency; however, such determination is not equivalent to a national agency credit rating. "NR" = Not Rated.

Holdings within the Geography breakdown are classified by country of risk as determined by MSCI and Bloomberg.

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

Lon Erickson, CFA

Portfolio Manager and Managing Director

Lon Erickson is 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 business…

Learn More

Christian Hoffmann, CFA

Head of Fixed Income 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…

Learn More

Ali Hassan, CFA, FRM

Portfolio Manager and Managing Director

Ali Hassan is 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 worked…

Learn More

Literature

Fact Sheet

Commentary

Summary Prospectus

Annual Financial Statements

Semi-annual report

Prospectus

Statement of Additional Information (SAI)

Annual TSR

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. This effect is more pronounced for longer-term bonds. Unlike bonds, bond funds have ongoing fees and expenses. Investments in lower rated and unrated bonds may be more sensitive to default, downgrades, and market volatility; these investments may also be less liquid than higher rated bonds. Investments in derivatives are subject to the risks associated with the securities or other assets underlying the pool of securities, including illiquidity and difficulty in valuation. Investments in equity securities are subject to additional risks, such as greater market fluctuations. Additional risks may be associated with investments outside the United States, especially in emerging markets, including currency fluctuations, illiquidity, volatility, and political and economic risks. 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.

The performance of any index is not indicative of the performance of any particular investment. Unless otherwise noted, index returns reflect the reinvestment of income dividends and capital gains, if any, but do not reflect fees, brokerage commissions or other expenses of investing. Investors may not make direct investments into any index.

Class R shares are limited to retirement platforms only.

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.

© 2025 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.

“Bloomberg®” and the Bloomberg index(es) mentioned in this piece are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Thornburg Investment Management. Bloomberg is not affiliated with Thornburg, and Bloomberg does not approve, endorse, review, or recommend Thornburg. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Thornburg.

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Thornburg Strategic Income Fund

Portfolio Managers

Seeking to Deliver on the Promise of Income + Growth

Overview

Why Invest in This Strategy?

Investment Objective

Investment Approach

Related Content

Performance

Returns

Fund Fees

Hypothetical Growth of $10,000

Distributions

Fund Facts

Characteristics

Portfolio

Risk & Return Profile

Portfolio

Top Holdings

Exposure Breakdown

Portfolio Managers

Lon Erickson, CFA

Christian Hoffmann, CFA

Ali Hassan, CFA, FRM

Literature

Important Information

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Thornburg Strategic Income Fund

Portfolio Managers

Seeking to Deliver on the Promise of Income + Growth

Overview

Why Invest in This Strategy?

Investment Objective

Investment Approach

Related Content

Performance

Returns

Fund Fees

Hypothetical Growth of $10,000

Distributions

Fund Facts

Characteristics

Portfolio

Risk & Return Profile

Portfolio

Top Holdings

Exposure Breakdown

Portfolio Managers

Lon Erickson, CFA

Christian Hoffmann, CFA

Ali Hassan, CFA, FRM

Literature

Important Information

More Insights

Advisors, Are You Delivering the Services Your Clients Want?

Will Your Clients Embrace Artificial Intelligence?

Bridge the Gap, Deliver Services That Meet Client Expectations

The ABCs of Personal Finance

Creating a Winning NCAA Basketball Tournament Bracket is More Challenging Than Successfully Selecting Stocks

March Is Women’s History Month. It’s Time to Celebrate the Ladies.