SANTA
FE, N.M., March 14, 2022 /PRNewswire/
-- Thornburg Investment Management ("Thornburg"), a global
investment firm that oversees $47
billion in assets1, today announced that
Thornburg Limited Term Income Fund ("the Fund"), Class I (ticker:
THIIX), is a Refinitiv Lipper Fund Awards United States 2022
winner. The Fund is the best Short-Intermediate Investment-Grade
Debt Fund over the ten-year period ending November 30, 2021, out of 30 funds, based on
consistently strong risk-adjusted performance. This is the second
year in a row the Fund has been recognized in this category.
"It is an honor to be recognized for this award in back-to-back
years as it reinforces the consistent, long-term investment results
we have delivered to our clients in this strategy for nearly three
decades," said Jason Brady,
president and CEO at Thornburg and co-portfolio manager of the
Fund. "In a rising rate environment, we believe Limited Term Income
provides a strong option for risk-adjusted fixed income returns for
investors. Our investment philosophy, collaborative team structure
and disciplined process, keeps our global fixed income platform on
strategy."
The Fund is a flexible, actively managed core portfolio of
high-quality U.S. dollar-denominated bonds. It is designed to
balance risk with reward and look for the best opportunities and
relative value available in a high-quality U.S. bond portfolio. The
Fund, which has a 29-year track record and $10 billion in assets under management, seeks to
deliver current income with lower relative volatility. In addition
to Mr. Brady, Lon Erickson, CFA, and
Jeff Klingelhofer, CFA, serve as
co-portfolio managers of the Fund and are supported immeasurably by
members of the global fixed income team, as well as the entire
Thornburg investment team.
About Refinitiv Lipper Fund Awards
For more than 30 years, the Refinitiv Lipper Fund Awards reflect
a truly independent and uncompromised assessment of performance in
over 17 countries worldwide. Their legacy is underpinned by
Refinitiv Lipper's acclaimed fund data and proprietary quantitative
methodology.
About Thornburg
Thornburg is a global investment firm delivering on strategy for
institutions, financial professionals and investors worldwide. The
privately held firm, founded in 1982, is an active, high-conviction
manager of fixed income, equities, multi-asset solutions and
sustainable investments. With $47
billion1 in client assets as of February 28, 2022, the firm offers mutual funds,
closed-end funds, institutional accounts, separate accounts for
high-net-worth investors and UCITS funds for non-U.S.
investors.
As an independent firm, Thornburg can take on a wide range of
opportunities, explore ideas thoroughly and work across strategies
to deliver consistent risk-adjusted outperformance over the long
term. The firm attracts free-thinking professionals who are eager
to pursue investment outcomes beyond the confines of popular
wisdom. From nimble operational capabilities to principles and
actions fitting of a global citizen, Thornburg's world-class
investment platform and team are aligned on strategy to serve
investors.
Thornburg's U.S. headquarters is in Santa Fe, New Mexico with offices in
London, Hong Kong and Shanghai. For more information, visit
www.thornburg.com or call (877) 215-1330.
Media Inquiries
Michael
Corrao
Director of Global Communications
Thornburg Investment Management
Tel: +1 (505) 467-5345
Email: mcorrao@thornburg.com
Past performance is no guarantee of future results.
Investments carry risks, including possible loss of principal.
Portfolios investing in bonds have the same interest rate,
inflation, and credit risks that are associated with the underlying
bonds. The value of bonds will fluctuate relative to changes in
interest rates, decreasing when interest rates rise. Unlike bonds,
bond funds have ongoing fees and expenses. Investments in
mortgage-backed securities (MBS) may bear additional risk.
Investments in the Fund are not FDIC insured, nor are they bank
deposits or guaranteed by a bank or any other entity.
Class I shares may not be available to all investors. Minimum
investments for the I share class may be higher than those for
other classes.
Before investing, carefully consider the Fund's investment
goals, risks, charges, and expenses. For a prospectus or summary
prospectus containing this and other information, contact your
financial advisor or visit thornburg.com. Read them carefully
before investing.
Thornburg mutual funds are distributed by Thornburg Securities
Corporation.
The Refinitiv Lipper Fund Awards, granted annually, highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader
for Consistent Return rating, which is a risk-adjusted performance
measure calculated over 36, 60 and 120 months. The fund with the
highest Lipper Leader for Consistent Return (Effective Return)
value in each eligible classification wins the Refinitiv Lipper
Fund Award. For more information, see lipperfundawards.com. The
fund did not win the award for other time periods. Past performance
does not guarantee future results.
Although Refinitiv Lipper makes reasonable efforts to ensure the
accuracy and reliability of the data contained herein, the accuracy
is not guaranteed by Refinitiv Lipper.
Refinitiv Lipper Fund Awards, ©2022 Refinitiv. All rights
reserved. Used under license.
1 Includes $45 billion
in assets under management and $2
billion in assets under advisement as of February 28, 2022.
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SOURCE Thornburg Investment Management