Thornburg Limited Term Municipal Fund, Institutional – Among 22 Short-Intermediate Municipal Debt Funds. Thornburg Limited Term Income Fund, Institutional – Among 82 Short-Intermediate Investment Grade Debt Funds.

Based on risk-adjusted returns for 10 years ending 12/31/10. Past performance does not guarantee future results.

Related Information:

Read Thornburg Municipal Bond Funds Portfolio Managers Quarterly Commentary

Read Thornburg Income Funds Portfolio Manager Quarterly Commentary

 

Financial Advisors: Visit our Advisor Web site for sales ideas, hypotheticals and talking points on these funds.

 

 

2011 Lipper Award Winners

Lipper has recognized two of our funds with 2011 Lipper Fund Awards. The Thornburg Limited Term Municipal Fund may suit those with a taste for tax-free income*. While Thornburg Limited Term Income Fund may be more appealing to an investor who is less concerned with taxes and seeking the opportunity for more income.

It's Your Choice, both are 2011 Lipper Award WinnersAn investor looking for income has a variety of choices. What is their appetite for risk? What flavor of income do they really need? At Thornburg, we understand investors have varying income needs. That's why we offer a range of income-seeking solutions that cater to every taste.

We strive to deliver consistent investment results through disciplined investing and managed risk. All of our funds are supported by the same diligent research, independent thinking, and integrity that are the hallmark of Thornburg Investment Management. Whatever your choice, we're committed to providing you with a comprehensive array of Strategies for Building Real Wealth – after inflation, taxes, and investment expenses.

Past performance does not guarantee future results.

 

Sept Issue of View from the Bond Desl June Issue of View from the Bond Desk
Important Information

Investments in the Funds carry risks, including possible loss of principal. Bond funds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds. The principal value of a bond will fluctuate relative to changes in interest rates, decreasing when interest rates rise. Unlike bonds, bond funds have ongoing fees and expenses. Funds invested in mortgage backed securities may bear additional risk. Investments in the Funds are not FDIC insured, nor are they deposits of or guaranteed by a bank or any other entity

Before investing, carefully consider the Fund’s investment goals, risks, charges, and expenses. For a prospectus containing this and other information, contact your financial advisor or visit our literature library. Read it carefully before investing

Class I shares may not be available to all investors and minimum investments may be higher.

* May be subject to AMT.

Lipper Fund Awards are granted annually to the fund in each Lipper classification that consistently delivered the strongest risk-adjusted performance as of 12/31/10 (calculated with dividends reinvested). Awards are given for three-year, five-year, and ten-year periods. The funds did not win the awards for other time periods.

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