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For Institutional / Wholesale / Professional Clients

The content on this website is intended for institutional and professional investors in the United States only and is not suitable for individual investors or non-U.S. entities. Institutional and professional investors include pension funds, investment companies registered under the Investment Company Act of 1940, financial intermediaries, consultants, endowments and foundations, and investment advisors registered under the Investment Advisors Act of 1940.

TERMS AND CONDITIONS OF USE

Please read the information below. By accessing this web site of Thornburg Investment Management, Inc. ("Thornburg" or "we"), you acknowledge that you understand and accept the following terms and conditions of use.

Disclaimers

Products or services mentioned on this site are subject to legal and regulatory requirements in applicable jurisdictions and may not be licensed or available in all jurisdictions and there may be restrictions or limitations to whom this information may be made available. Unless otherwise indicated, no regulator or government authority has reviewed the information or the merits of the products and services referenced herein. Past performance is not a reliable indicator of future performance. Investments carry risks, including possible loss of principal.

Reference to a fund or security anywhere on this website is not a recommendation to buy, sell or hold that or any other security. The information is not a complete analysis of every material fact concerning any market, industry, or investment, nor is it intended to predict the performance of any investment or market.

All opinions and estimates included on this website constitute judgements of Thornburg as at the date of this website and are subject to change without notice.

All information and contents of this website are furnished "as is." Data has been obtained from sources considered reliable, but Thornburg makes no representation as to the completeness or accuracy of such information and has no obligation to provide updates or changes. Thornburg disclaims, to the fullest extent of the law, any implied or express warranty of any kind, including without limitation the implied warranties of merchantability, fitness for a particular purpose and non-infringement.

If you live in a state that does not allow disclaimers of implied warranties, our disclaimer may not apply to you.

Although Thornburg intends the information contained in this website to be accurate and reliable, errors sometimes occur. Thornburg does not warrant that the information to be free of errors, that the functions contained in the site will be uninterrupted, that defects will be corrected or that the site and servers are free from viruses or other harmful components. You agree that you are responsible for the means you use to access this website and understand that your hardware, software, the Internet, your Internet service provider, and other third parties involved in connecting you to our website may not perform as intended or desired. We also disclaim responsibility for damages third parties may cause to you through the use of this website, whether intentional or unintentional. For example, you understand that hackers could breach our security procedures, and that we will not be responsible for any related damages.

Thornburg Investment Management, Inc. is regulated by the U.S. Securities and Exchange under U.S. laws which may differ materially from laws in other jurisdictions.

Online Privacy and Cookie Policy

Please review our Online Privacy and Cookie Policy, which is hereby incorporated by reference as part of these terms and conditions.

Third Party Content

Certain website's content has been obtained from sources that Thornburg believes to be reliable as of the date presented but Thornburg cannot guarantee the accuracy, timeliness, completeness, or suitability for use of such content. The content does not take into account individual investor's circumstances, objectives or needs. The content is not intended as an offer or solicitation with respect to the purchase or sale of any security or other financial instrument or any investment management services, nor does it constitute investment advice and should not be used as the basis for any investment decision.

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No determination has been made regarding the suitability of any securities, financial instruments or strategies for any investor. The website's content is provided on the basis and subject to the explanations, caveats and warnings set out in this notice and elsewhere herein. The website's content does not purport to provide any legal, tax or accounting advice. Any discussion of risk management is intended to describe Thornburg's efforts to monitor and manage risk but does not imply low risk.

Limited License and Restrictions on Use

Except as otherwise stated in these terms of use or as expressly authorized by Thornburg in writing, you may not:

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Press Release, On Strategy

Thornburg Wins Three 2023 Refinitiv Lipper Fund Awards

24 Mar 2023
5 min read

Thornburg announced three funds, Thornburg Limited Term Income, Better World International and Ultra Short Income, were named winners of Refinitiv Lipper Fund Awards United States 2023.

  • Limited Term Income wins for third straight year
  • Better World International and Ultra Short Income also recognized

SANTA FE, NM — March 24, 2022 — Thornburg Investment Management (“Thornburg”), a global investment firm that oversees $41 billion in assets1, today announced that Thornburg Limited Term Income Fund, Class I (ticker: THIIX), Thornburg Better World International Fund, Class I (ticker: TBWIX), and Thornburg Ultra Short Income Fund, Class I (ticker: TLDIX),  were named Refinitiv Lipper Fund Awards United States 2023 winners.

Thornburg Limited Term Income Fund (LTI) was named best Short-Intermediate Investment Grade Debt Fund over the ten-year period out of 32 funds. This is the third year in a row LTI has been recognized in this category. Thornburg Better World International Fund (BWI) was named best International Large-Cap Growth Fund over the three-year period out of 72 funds. Thornburg Ultra Short Income Fund (USI) was named best Ultra-Short Obligations Fund over the three-year period out of 49 funds. All periods ended November 30, 2022.

“It is an honor to be recognized by Lipper in both fixed income and equity categories,” said Jason Brady, president and CEO at Thornburg. “In volatile environments, we believe that the application of our investment philosophy to breaking down silos within financial markets is especially effective. Combining that approach with our collaborative team structure and disciplined process continues to yield excellent risk-adjusted fixed income and equity results for investors.”

Thornburg Limited Term Income is a flexible, actively managed core portfolio of high-quality U.S. dollar-denominated bonds. It is designed to balance risk with reward and look for the best opportunities and relative value available in a high-quality U.S. bond portfolio. It has a 30-year track record and $7 billion in assets under management, seeks to deliver durable income with lower relative volatility. Click here to learn more about Thornburg Limited Term Income.

Thornburg Better World International Fund is a focused, diversified equity portfolio that includes sustainable companies primarily in developed markets outside the U.S. BWI actively integrates ESG criteria into a fundamental bottom-up approach, allowing investors to reflect their ESG values through their investment without sacrificing the potential for attractive risk-adjusted returns. The three-basket portfolio construction process seeks to provide style diversification and reduce volatility and deliver superior risk-adjusted performance over time. BWI currently has $480 million in assets. Click here to learn more about Thornburg Better World International Fund.

Thornburg Ultra Short Income Fund actively managed short-term portfolio of high-quality taxable bonds with low interest-rate exposure. USI currently has $250 million in assets, seeks to provide income low interest-rate exposure with high-quality fixed income while minimizing volatility. Click here to learn more about Thornburg Ultra Short Income Fund.

About Refinitiv Lipper Fund Awards

For more than 30 years, the Refinitiv Lipper Fund Awards reflect a truly independent and uncompromised assessment of performance in over 17 countries worldwide. Their legacy is underpinned by Refinitiv Lipper’s acclaimed fund data and proprietary quantitative methodology.

About Thornburg

Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, multi-asset solutions and sustainable investments. With $41 billion1 in client assets as of February 28, 2023, the firm offers mutual funds, closed-end funds, institutional accounts, separate accounts for high-net-worth investors and UCITS funds for non-U.S. investors.

As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to deliver consistent risk-adjusted outperformance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s world-class investment platform and team are aligned on strategy to serve investors.

Thornburg’s U.S. headquarters is in Santa Fe, New Mexico with offices in Hong Kong and Shanghai. For more information, visit qa.thornburg.com or call (877) 215-1330.

Media Inquiries
Michael Corrao
Director of Global Communications
Thornburg Investment Management
Tel: +1 (505) 467-5345
Email: mcorrao@thornburg.com

All fund assets are as of February 28, 2023.

Past performance is no guarantee of future results.

Investments carry risks, including possible loss of principal. Additional risks may be associated with investments outside the United States, especially in emerging markets, including currency fluctuations, illiquidity, volatility, and political and economic risks. Investments in small- and mid-capitalization companies may increase the risk of greater price fluctuations. Portfolios investing in bonds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds. The value of bonds will fluctuate relative to changes in interest rates, decreasing when interest rates rise. Investments in the Fund are not FDIC insured, nor are they bank deposits or guaranteed by a bank or any other entity.Class I shares may not be available to all investors. Minimum investments for the I share class may be higher than those for other classes.

The Better World International Fund/Strategy’s adherence to its ESG ratings process may affect the Fund/Strategy’s exposure to certain companies, sectors, regions, and countries and may affect the Fund/Strategy’s performance depending on whether such investments are in or out of favor. This process may result in the Fund/Strategy foregoing opportunities to buy certain securities when it might otherwise be advantageous to do so, or selling securities for ESG reasons when it might be otherwise disadvantageous for it to do so. Additionally, the process may result in incorrectly evaluating a company’s commitment to positive ESG practices and may result in investment in companies with practices that are not consistent with the Fund/Strategy’s aspirations.

Before investing, carefully consider the Fund’s investment goals, risks, charges, and expenses. For a prospectus or summary prospectus containing this and other information, contact your financial advisor or visit thornburg.com. Read them carefully before investing.

Thornburg mutual funds are distributed by Thornburg Securities Corporation.

Click here for a glossary of terms.

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.

The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. The fund did not win the award for other time periods. Past performance does not guarantee future results.

Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.

Refinitiv Lipper Fund Awards, ©2023 Refinitiv. All rights reserved. Used under license.

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1 Includes $40 billion in assets under management and $1 billion in assets under advisement as of February 28, 2023.

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