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News for Investors

Four Dividend-Focused Equity Funds to Add Income
Income-focused equity funds can be a powerful addition to investor's toolkits. by Lawrence Jones, Morningstar, May 14, 2009
"Making Money in Municipal Bonds" - Co-Portfolio Managers Josh Gonze and George Strickland discuss risks and opportunities in the current municipal bond market on Bloomberg's Taking Stock, April 22, 2009
Thornburg launches Strategic Municipal Income Fund
Investor Insight - interview with Thornburg Income Bond Portfolio Manager Jason Brady, reprinted from Value Investor Insight, March 31, 2009

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"Through CEFEX's independent assessment, which addresses the audit specifications defined in the new U.S. Pension Protection Act, the certification provides assurance to investors, both institutional and individual, that Thornburg Investment Management has demonstrated adherence to the industry's best fiduciary practices."

Carlos Panksep, General Manager of the Centre for Fiduciary Excellence

The Centre for Fiduciary Excellence (“CEFEX”) is an independent organization with a global initiative to promote fiduciary best practices among Investment Stewards, Investment Advisors, and Investment Managers. A CEFEX Fiduciary Certification is an independent recognition of an Investment Manager’s conformity to the Global Fiduciary Standards of Excellence developed by CEFEX. The Fiduciary Certification is performed by a qualified CEFEX Analyst and is reviewed by the CEFEX Certification Committee to ensure complete impartiality.

Important message for Canadian trade-matching parties.

Thornburg Investment Management^® 2300 North Ridgetop Road, Santa Fe, NM 87506, 1-800-847-0200, info@thornburg.com
Thornburg Funds are distributed by Thornburg Securities Corporation^®
© 2001-2009 Thornburg Investment Management, Inc. All rights reserved. webmaster@thornburg.com

Code of Business Conduct and Ethics

Proxy Voting Policy

USA Patriot Act

Business Continuity Plans

Thornburg Investment Management, Inc. mutual funds are sold through investment professionals including investment advisors, brokerage firms, bank trust departments, trust companies and certain other financial intermediaries. Thornburg Securities Corporation (TSC) does not act as broker of record for investors unless TSC is registered, or exempt from registration, as a broker dealer in the state in which the investor lives.

Not FDIC Insured, May Lose Value, No Bank Guarantee.