Thornburg Strategic Income Fund
The Thornburg Strategic Income Fund commenced operations on December 19, 2007.
The Fund did not declare capital gain distributions during 2007.
For the period from commencement of operations, December 19, 2007, through December 31, 2007, 0.00% of the dividends paid from tax basis net ordinary income (box 1b of Form 1099-DIV) qualify as qualified dividend income for the reduced tax rate under the Jobs and Growth Relief Reconciliation Act of 2003.
0.00% of the ordinary income distributions paid by the Fund for the short period in 2007 qualified for the corporate dividends received deduction.
Tax rules are complex. Please consult your tax advisor.
Investments in the Fund carry risks including possible loss of principal. As with direct bond ownership, funds that invest in bonds are subject to certain risks including interest-rate risk, credit risk, and inflation risk. The principal value of bond funds will fluctuate relative to changes in interest rates; decreasing when interest rates rise. Unlike bonds, bond funds have ongoing fees and expenses. Investments in structured finance arrangements and other types of derivatives are subject to the risks associated with the securities or other assets underlying the pool of securities including illiquidity and difficulty in valuation. Investing outside the United States involves additional risks, such as currency fluctuations. Additionally, the Fund may invest a portion of the assets in small capitalization companies and in emerging markets which may increase the risk of greater price fluctuations. Investments in the Fund are not FDIC insured, nor are they deposits of or guaranteed by a bank or any other entity.
Carefully consider the Fund’s investment objectives, risks, sales charges, and expenses; these are found in the prospectus, which is available from your financial advisor or from our download library. Read it carefully before you invest or send money.
