<p><span style="font-size: 8pt;font-family: Arial;">The Fund seeks to provide investors as high a level of current income as is consistent with safety of capital. The fund also seeks to reduce changes in its share price compared to longer term portfolios.</span></p>


Thornburg Investment Management Inc

USD Corporate Bond - Short Term

Bloomberg US Corp 1-3 Yr TR USD

Fixed Income

Bloomberg US Govt/Credit Interm TR USD

Thornburg Limited Term Inc I $ Acc UnH

Thornburg Limited Term Inc I $ Dis UnH

2024

2023

2022

2021

2020

FixedIncome

United States

Canada

Mexico

Germany

United Arab Emirates

Saudi Arabia

Other countries

Unclassified

Bond - Corporate Bond

Bond - Gov't Agency Pass-Thru

Bond - Asset Backed

Bond - U.S. Agency Credit Risk CMO

Bond - Global Non-Agency CMO

Bond - Gov't/Treasury

Bond - Gov't Inflation Protected

Bond - Short-term Government Bills

Bond - Capital Contingent Debt

Bond - Gov't Agency ARM

Bond - Gov't Agency CMO

Bond - Undefined

Bond - Gov't Agency Debt

Muni Bond - Revenue

Federal Home Loan Mortgage Corp. 3% (2052-05-01 Maturity)

Federal Home Loan Mortgage Corp. 2.5% (2052-04-01 Maturity)

United States Treasury Bills 0% (2025-07-10 Maturity)

Federal National Mortgage Association 2% (2037-03-01 Maturity)

Federal National Mortgage Association 2% (2035-12-01 Maturity)

United States Treasury Notes 1.75% (2034-01-15 Maturity)

NEW RESIDENTIAL MORTGAGE LOAN TRUST 2022-NQM3 3.9% (2062-04-25 Maturity)

United States Treasury Notes 4.25% (2035-05-15 Maturity)

United States Treasury Bonds 2.5% (2029-01-15 Maturity)

Bayer US Finance II LLC 4.25% (2025-12-15 Maturity)