LTUIX : Thornburg Limited Term U.S. Government Fund Class I

Fund Summary

The investment seeks as high a level of current income as is consistent with safety of capital; reducing changes in its share price compared to longer term portfolios is a secondary goal. The fund invests at least 80% of its assets in U.S. government securities. "U.S. government securities" means: securities backed by the full faith and credit of the U.S. government, including direct obligations of the U.S. Treasury and obligations of U.S. government agencies and instrumentalities which are guaranteed by the U.S. Treasury. It maintains a portfolio of investments with a dollar-weighted average maturity or expected life of normally less than five years.