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Thornburg Intermediate Municipal C (THMCX) Fund Ranking and Research

Ranking, Research and Recommendation of Thornburg Intermediate Municipal C (THMCX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Thornburg Intermediate Municipal C Fund (THMCX) ManagerFund Manager - Christopher M. Ryon

Fund Manager Information

Fund Manager Tenure: 9.0 years
Similar Funds: THMIX 
Fund Family: Thornburg
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.66)     (What does this score mean?)

 

Graph of Thornburg Intermediate Municipal C Fund (THMCX) ProfileThornburg Intermediate Municipal C Fund (THMCX) Profile

Fund Profile and Description

Thornburg Intermediate Municipal C Fund seeks high current income exempt from federal individual income tax consistent with preservation of capital. Thornburg Intermediate Municipal C Fund normally invests 100% of its assets in municipal obligations, and up to 20% in taxable securities which would produce income not exempt from federal income tax. 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.

 

Thornburg Intermediate Municipal C (THMCX) Fund Strength What we like about Thornburg Intermediate Municipal C (THMCX) Fund

Data for Thornburg Intermediate Municipal C Fund (THMCX) as of May 30, 2016

  • Thornburg Intermediate Municipal C Fund (THMCX) management has been with Thornburg Intermediate Municipal C Fund for 9.0 years
  • Thornburg Intermediate Municipal C Fund (THMCX) ratio of up-years vs down years is greater than 2
  • Asset base in Thornburg Intermediate Municipal C Fund (THMCX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Thornburg Intermediate Municipal C Fund (THMCX) has an annual stock turnover rate of 13.49% vs Muni National Interm average of 22.40%. It is good that Thornburg Intermediate Municipal C management does not trade extensively for its return.
  • Thornburg Intermediate Municipal C Fund (THMCX) is less volatile than its peers as it has a 3-year Standard Deviation of 2.5, lower than category average of 3.29

Thornburg Intermediate Municipal C Fund (THMCX) Weakness What we are cautious about Thornburg Intermediate Municipal C (THMCX) Fund

Data for Thornburg Intermediate Municipal C Fund (THMCX) as of May 30, 2016

  • Thornburg Intermediate Municipal C Fund (THMCX) has a less-than-ideal short-term performance (1-year return 4.03% vs 4.71% Muni National Interm category median performance)
  • Thornburg Intermediate Municipal C Fund (THMCX) has a less-than-ideal mid-term performance (3-year return 2.65% vs 3.10% Muni National Interm category median performance)
  • Thornburg Intermediate Municipal C Fund (THMCX) has a less-than-ideal Long-term performance (5-year return 3.85% vs 4.14% Muni National Interm category median performance)
  • Thornburg Intermediate Municipal C Fund (THMCX) has a Morningstar rating of 3 and below
  • Thornburg Intermediate Municipal C Fund (THMCX) is less safe compared to its Muni National Interm peers
  • Thornburg Intermediate Municipal C Fund (THMCX) has a higher expense ratio of 1.24% than its Muni National Interm average of 0.80%
  • Thornburg Intermediate Municipal C Fund (THMCX) carries a 0.6% load
See Thornburg Intermediate Municipal C Fund (THMCX) performance details as of May 30, 2016

 

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Compare Thornburg Intermediate Municipal C Fund (THMCX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Thornburg Intermediate Municipal C1.804.032.653.85
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
BlackRock Strategic Muni Opps Inv A1 (MDMTX)3.297.784.275.68Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare

See top fund managers for Muni National Interm Category Funds

 

Compare Thornburg Intermediate Municipal C Fund (THMCX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of Thornburg Intermediate Municipal C Fund (THMCX) Net Asset TrackingThornburg Intermediate Municipal C (THMCX) Fund Net Asset

Track net asset change of Thornburg Intermediate Municipal C fund (THMCX)

DateNet Asset
05/2016$1.51B
03/2016$1.47B
02/2016$1.45B
More historic net asset information on Thornburg Intermediate Municipal C Fund (THMCX)

  

Graph of Thornburg Intermediate Municipal C Fund (THMCX) Portfolio TrackingThornburg Intermediate Municipal C (THMCX) Fund Portfolio Allocation

Track portfolio allocation change of Thornburg Intermediate Municipal C fund (THMCX)

DateCashStockBondOther
04/20167.25%0%92.75%0%
02/20165.97%0%94.03%0%
01/20169.49%0%90.51%0%
Click here to see more historic asset allocation information on Thornburg Intermediate Municipal C Fund (THMCX)

 

graph of Thornburg Intermediate Municipal C Fund (THMCX) Top 10 Position TrackingTop 10 Holdings in Thornburg Intermediate Municipal C (THMCX) Fund

Discover what Thornburg Intermediate Municipal C Fund (THMCX) manager is buying

Apr 29, 2016
Southern Calif Pub Pwr Auth 0.38% [1.96%]
New York N Y City Transitional Adj 0.39% [1.64%]
New York N Y City Mun Wtr Fin Rev 0.37% [1.19%]
Massachusetts Bay Transn Auth 0.39% [0.98%]
Charlotte-Mecklenberg Hosp Aut Var 0.4% [0.97%]
Pennsylvania St Go Bds 5% [0.97%]
Guam Govt Busn Privilege T Ref Bds 5% [0.92%]
Michigan Fin Auth 5% [0.92%]
New Jersey Econ Dev Auth 5% [0.92%]

Feb 28, 2016
New York N Y City Transitional Adj 0.38% [1.73%]
Conn St Hsg Fin Auth 0.35% [1.5%]
New York N Y City Mun Wtr Fin Rev 0.36% [1.2%]
Harris Cnty Tex Cultural Ed Fa Var 0.35% [1.17%]
Athens-Clarke Cnty Ga Uni Govt Rev 0.35% [1.07%]
Pennsylvania St Go Bds 5% [1.03%]
Michigan Fin Auth 5% [0.96%]
New Jersey Econ Dev Auth 5% [0.96%]
Guam Govt Busn Privilege T Ref Bds 5% [0.95%]

Jan 30, 2016
New York N Y City Transitional Adj 0.01% [1.71%]
Conn St Hsg Fin Auth 0.01% [1.48%]
New York N Y City Mun Wtr Fin Rev 0.01% [1.19%]
Harris Cnty Tex Cultural Ed Fa Var 0.01% [1.16%]
Athens-Clarke Cnty Ga Uni Govt Rev 0.01% [1.06%]
Pennsylvania St Go Bds 5% [1.03%]
New Jersey Econ Dev Auth 5% [0.97%]
Guam Govt Busn Privilege T Ref Bds 5% [0.95%]
Michigan Fin Auth 5% [0.95%]
Click here for Stock Holding Change Map in Thornburg Intermediate Municipal C Fund (THMCX)

  

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