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    Thornburg Intermediate Municipal A (THIMX)

    14.24 0.00(0.00%) Apr 24

    Profile as of Mar 30, 2015Get Profile for:
    Thornburg Intermediate Municipal A
    Thornburg Investment Trust2300 North Ridgetop RoadSanta Fe, NM 87506-8361
    Phone: 800-847-0200
    Fund Overview 
    Category:Muni National Interm
    Fund Family:Thornburg
    Net Assets:1.31B
    Year-to-Date Return:0.52%
    Morningstar Rating:3 stars
    Fund Inception Date:Jul 23, 1991
    Morningstar Style Box 
    Muni National Interm
    [View Category Definition]
    View Top Muni National Interm Funds
    About the Morningstar Style Box
    Management Information 
    George Strickland
    Lead Manager since Jul 23, 1991
    George Strickland Co-Portfolio Manager and Managing Director BA, Davidson College MBA, University of Maryland George Strickland is a managing director and co-portfolio manager of the Thornburg Municipal Bond Strategies and Thornburg Strategic Income Fund. He is responsible for overseeing the research, trading, and strategic positioning of municipal bond portfolios. Thornburg Municipal Bond Strategies have won a number of awards from independent rating services. They include two national funds, three single state funds, and numerous separate accounts. George joined Thornburg Investment Management as an associate portfolio manager in 1991, and was elected managing director in 1996. Prior to joining Thornburg, George began his financial career with the Calvert Group and has his BA in Economics from Davidson College and his MBA in Finance from the University of Maryland
    Investment Information 
    Min Initial Investment:5,000
    Min Initial Investment, IRA:2,000
    Min Initial Investment, AIP:5,000
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:100
    THIMX can be purchased from 92 brokerages.

    Fund Summary 
    The investment seeks to obtain as high a level of current income exempt from federal individual income tax as is consistent, in the view of the fund's investment advisor, with preservation of capital; the secondary goal of the fund is to reduce expected changes in its share price compared to long-term bond portfolios. The fund normally invests 100% of its assets in municipal obligations. It invests principally in a laddered maturity portfolio of municipal obligations issued by states and state agencies, local governments and their agencies, and by certain United States territories and possessions.

    Fund Operations 
    Last Dividend (Mar 30, 2015) : 0.02
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Apr 22, 2015) : N/A
    Average for Category:27.36%
    Fees & Expenses 
    ExpenseTHIMXCategory Avg
    Annual Report Expense Ratio (net):0.92%0.82%
    Prospectus Net Expense Ratio:0.92%N/A
    Prospectus Gross Expense Ratio:0.92%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:2.00%3.38%
    Max Deferred Sales Load: N/A1.94%
    3 Yr Expense Projection*:487398
    5 Yr Expense Projection*:699617
    10 Yr Expense Projection*:1,3091,241
    * Per $10,000 invested