LTCIX : Thornburg California Limited Term Municipal Fund Class I

LTCIX is a Bond Market Municipal Bond with MODERATE fees.

LTCIX

Thornburg California Limited Term Municipal Fund Class I

FI Score

51 /100

Expense Ratio Rating

6 /10

Expense Rating

3 /10

Market Score

5 /10

Category Score

8 /10

Market Size

5 /10

51% FI Score
  • ltcix
  • Mutual Fund
  • Bond
  • Municipal Bond

Thornburg California Limited Term Municipal Fund Class I

Expenses: 0.67% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks to obtain as high a level of current income exempt from federal and California state individual income taxes as is consistent with preservation of capital; the secondary goal is to reduce expected changes in its share price compared to longer intermediate and long-term bond portfolios. The fund normally invests at least 80% of its assets in municipal obligations originating in California which are exempt from California and regular federal income taxes, and normally invests 100% of its assets in municipal obligations originating in California or issued by United States territories and possessions and exempt from regular federal income tax.

Largest Holdings

Amount Holding
3.72% LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 0.13%
1.79% CALIFORNIA MUN FIN AUTH SOLID WASTE REV 3%
1.61% LOS ANGELES CALIF DEPT ARPTS REV 5%
1.59% SANTA CLARA CNTY CALIF FING AUTH LEASE REV 5%
1.54% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
1.48% CONTRA COSTA CALIF TRANSN AUTH SALES TAX REV 0.94%
1.27% CALIFORNIA ST 5%
1.24% CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.05%
1.18% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
1.18% CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 0.85%
1.13% CALIFORNIA HEALTH FACS FING AUTH REV 5%
1.11% SAN DIEGO CALIF UNI SCH DIST 5%
1.09% CALIFORNIA HEALTH FACS FING AUTH REV 0.1%
1.06% POWAY CALIF REDEV AGY SUCCESSOR AGY TAX ALLOCATION 5%
1.05% LOS ANGELES CALIF UNI SCH DIST 5%
1.05% NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 4%
1.02% BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2.95%
1.00% CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV 1.95%
0.99% CALIFORNIA STATEWIDE CMNTYS DEV AUTH POLLUTION CTL REV 2.62%
0.98% CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 0.85%
0.91% LOS ANGELES CALIF DEPT ARPTS REV 5%
0.89% CALIFORNIA ST PUB WKS BRD LEASE REV 5%
0.89% EMERYVILLE CALIF REDEV AGY SUCCESSOR AGY TAX ALLOCATION 5%
0.88% CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5%
0.82% CALIFORNIA ST PUB WKS BRD LEASE REV 5%

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