LTCAX Mutual Fund

NAV$12.84

Fund Essentials - as of Mar 31, 2026

Net Assets
$45M
Expense Ratio
0.74%
Dividend Yield (Current)
2.73%
Holdings
195
Inception Date
Feb 19, 1987
Fund Family
Thornburg Investment Management
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+0.85%
1 Year+4.21%
3 Year+3.29%
5 Year+1.23%
10 Year+1.08%

Asset Allocation

Bonds: 100.00%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
-University of California Regents, Medical Center Pooled Revenue Bonds, Variable Rate Demand Series 2013k3.88%
CA CCEDEV 01/01/2054California Cmnty Choice Fing A 5.25 01/01/20542.51%
CA CCEDEV 02/01/2054California Community Choice Fi Ccedev 02/54 Adjustable Var 5 02-01-20542.50%
-Los Angeles Ca Dept Of Arpts Arpt Revenue2.01%
CA CCEDEV 02/01/2055Ca Cmnyy Choice-F 5 2/1/20551.96%
Top 10 Concentration: 20.93%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
2.73%
Frequency
Monthly
Latest Distribution
$0.01
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
See how LTCAX ranks against its peers
Category rank, peer-average returns and outperformance, updated daily.
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LTCAX Mutual Fund Overview

LTCAX Mutual Fund (Thornburg California Limited Term Municipal Fund Class A) is managed by Thornburg Investment Management with $45.1M in net assets. LTCAX expense ratio is 0.74%, holding 195 positions across sectors including Other, Financials, Utilities. Inception date: 1987-02-19.

LTCAX performance shows a YTD return of 0.85%. The 1-year return is 4.21% and the 5-year return is 1.23%. LTCAX dividend yield stands at 2.73%, paid monthly.

LTCAX top holdings include University of California Regents, Medical Center Pooled Revenue Bonds, Variable Rate Demand Series 2013k (3.9%), California Cmnty Choice Fing A 5.25 01/01/2054 (2.5%), California Community Choice Fi Ccedev 02/54 Adjustable Var 5 02-01-2054 (2.5%), Los Angeles Ca Dept Of Arpts Arpt Revenue (2.0%), Ca Cmnyy Choice-F 5 2/1/2055 (2.0%). View all LTCAX holdings, sector breakdown, or dividend history.

LTCAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. LTCAX alternatives are available via the screener, along with tax-loss harvesting opportunities.