THIFX : Thornburg Limited Term Income Fund Class A

Fund Summary

The investment seeks as high a level of current income as the adviser believes is consistent with safety of capital; reducing changes in its share prices compared to longer term portfolios is a secondary goal. The fund invests at least 65% of its net assets in (i) obligations of the U.S. government, its agencies and instrumentalities, (ii) debt obligations rated at the time of purchase in one of the three highest principal long term rating categories of S&P Global Ratings or Moody's Investors Services, Inc. or the equivalent three highest short term ratings, or, if no credit rating is available, judged to be of comparable quality as determined by Thornburg.