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September 23, 2009 As previously stated, the businesses of Thornburg Investment Management are not related to the business of TMST, Inc., formerly known as Thornburg Mortgage, Inc. (THMR, TMA). Mutual funds and other client accounts managed by Thornburg Investment Management have no investments in any debt or equity issued by TMST. By policy of Thornburg Investment Management, portfolios managed by Thornburg Investments have never invested in debt or equity issued by TMST. Thornburg mutual funds and other client accounts managed by Thornburg Investment Management do not have any borrowed funds. Thornburg Securities acts as distributor for mutual funds managed by Thornburg Investment Management. Thornburg Securities also has no financial interaction with TMST. Thornburg Investment Management was founded by Garrett Thornburg in 1982. TMST, formerly known as Thornburg Mortgage, was founded by Garrett Thornburg in 1992 as a separate business operation.
Thornburg Investment Management® Thornburg Funds are distributed by Thornburg Securities Corporation® ©2009 Thornburg Investment Management, Inc. All rights reserved. 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.
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