Lipper has just recognized Thornburg Investment Management as the Best Fixed Income Funds Manager in the large family category for performance over the three-year period ending November 30, 2011. Thornburg received the top honor out of 41 eligible firms. Thornburg also received best fixed-income family award for 2008.*
The Thornburg International Value Fund, Institutional class, led the 113-fund international large-cap growth category to take the 2012 Lipper Fund Award. The Thornburg Limited Term Municipal Fund, Institutional class, also captured top honors for the five- and 10-year periods among 30 and 23 short-intermediate municipal debt funds, respectively.
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.
Investments in the Funds carry risks, including possible loss of principal. Special risks may be associated with investments outside the United States, especially in emerging markets, including currency fluctuations, illiquidity and volatility. Investments in small capitalization companies may increase the risk of greater price fluctuations. Funds investing in bonds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds. The principal value of bonds will fluctuate relative to changes in interest rates, decreasing when interest rates rise. 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.
Thornburg Investment Management ranked #1 out of 41 eligible firms in Lipper Inc.’s fixed income Large Company universe for the three-year period ended 11/30/11, based on risk-adjusted returns. Lipper’s Large Company universe is comprised of fund families with more than $40 billion in total net assets. Only fund families with at least five bond funds were eligible for the fixed income funds manager award. Asset Class Group Awards are given for the three-year period only. Lipper Classification Awards are granted annually to the fund in each Lipper classification that consistently delivered the strongest risk-adjusted performance (calculated with dividends reinvested). Fund Classification Awards are given for three-year, five-year, and ten-year periods. The funds did not win the awards for other time periods.
*Thornburg Investment Management ranked #1 out of 41 eligible firms in Lipper Inc.'s fixed income large firm universe for the three-year period ended 12/31/07, based on risk-adjusted returns. Thornburg was not the recipient of this award in the years between 2008 and 2012. For the 2008 award, Lipper’s large firm universe was comprised of fund families with more than $28 billion in total net assets. Only fund families with at least five bond funds were eligible. Risk-adjusted returns are calculated with dividends reinvested and without sales charges. Past performance does not guarantee future results. The individual funds may not have ranked number one in their categories.
