THNIX : Thornburg New Mexico Intermediate Municipal Fund Class I

THNIX is a Bond Market Municipal Bond with MODERATE fees.

THNIX

Thornburg New Mexico Intermediate Municipal Fund Class I

FI Score

43 /100

Expense Ratio Rating

6 /10

Expense Rating

3 /10

Market Score

2 /10

Category Score

8 /10

Market Size

2 /10

43% FI Score
  • thnix
  • Mutual Fund
  • Bond
  • Municipal Bond

Thornburg New Mexico Intermediate Municipal Fund Class I

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

This is a bad 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 New Mexico 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 long-term bond portfolios. The fund invests at least 80% of its assets in municipal obligations originating in New Mexico which are exempt from New Mexico and regular federal income taxes, and normally invests 100% of its assets in municipal obligations originating in New Mexico or issued by United States territories or possessions and exempt from regular federal income tax. It is non-diversified.

Largest Holdings

Amount Holding
3.26% LAS CRUCES N MEX ST SHARED GROSS RCPTS TAX REV 5%
3.03% BERNALILLO CNTY N MEX GROSS RCPTS TAX REV 5.25%
2.64% NEW MEXICO FIN AUTH REV 5%
2.64% FARMINGTON N MEX POLLUTN CTL REV 4.7%
2.33% BERNALILLO CNTY N MEX GROSS RCPTS TAX REV 5.7%
2.27% BERNALILLO CNTY N MEX GROSS RCPTS TAX REV 5.25%
2.06% SANTA FE NEW MEXICO RETIREMENT FAC REV 4.5%
1.99% NEW MEXICO EDL ASSISTANCE FNDTN 5%
1.97% LOS RANCHOS DE ALBUQUERQUE NEW MEXICO EDL FACS REV 4.5%
1.67% NEW MEXICO ST 5%
1.63% ALBUQUERQUE N MEX 4%
1.56% NEW MEXICO ST SEVERANCE TAX 5%
1.54% ALBUQUERQUE N MEX GROSS RCPTS LODGERS TAX REV 4%
1.50% ALBUQUERQUE BERNALILLO CNTY WTR UTIL AUTH N MEX JT WTR & SWR SYS REV 5%
1.47% NEW MEXICO ST UNIV REVS 5%
1.41% NEW MEXICO ST UNIV REVS 5%
1.36% GUAM PWR AUTH REV 5%
1.34% NEW MEXICO ST UNIV REVS 5%
1.30% LAS CRUCES N MEX ST SHARED GROSS RCPTS TAX REV 5%
1.29% CENTRAL NEW MEXICO CMNTY COLLEGE 4%
1.14% NEW MEXICO ST UNIV REVS 5%
1.11% UNIVERSITY N MEX UNIV REVS 4.5%
1.11% UNIVERSITY N MEX UNIV REVS 4.5%
1.11% ZUNI N MEX PUB SCH DIST TEACHER HSG REV 5%
1.11% UNIVERSITY N MEX UNIV REVS 4.5%

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