Morningstar

Thornburg Ultra Short Income Fund Class A TLDAX

Medalist Rating as of Sep 30, 2026 See Thornburg Investment Hub

Strategy

The investment seeks current income, consistent with preservation of capital. The fund invests 80% of its net assets in (i) obligations of the U.S. government, its agencies and instrumentalities, and (ii) debt obligations rated at the time of purchase in one of the four highest ratings of S&P Global Ratings (AAA, AA, A, or BBB) or Moody's Investors Services, Inc. (Aaa, Aa, A, or Baa) or, if no credit rating is available, judged to be of comparable quality by Thornburg.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TLDIX	Thornburg Ultra Short Income Fund Class I	Institutional	Open			Dec 30, 2013	$225.24M	0.350%	Average	$3M	−$23.06M
TLDAX	Thornburg Ultra Short Income Fund Class A	Front Load	Open			Dec 30, 2013	$29.23M	0.600%	Average	$1,000	−$2.51M

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