LTCIX — Thornburg California Limited Term Municipal Fund
Data updated: 2026-05-26
LTCIX — Thornburg California Limited Term Municipal Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $293.65M AUM · 0.49% expense ratio · 3.8% 1-yr return. From SEC regulatory filings.
LTCIX Fund Overview
LTCIX — Thornburg California Limited Term Municipal Fund is a US mutual fund managed by Thornburg Investment Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Thornburg Investment Trust
- Category: Long Municipal - National Bond
- Assets under management: $293.65M
- 1-year return: 3.8%
- Ticker: LTCIX
- SEC CIK: 0000816153
- SEC series ID: S000011841
- Share class ID: C000032346
LTCIX Holdings
Top 10 holdings of Thornburg California Limited Term Municipal Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Regents of the University of California Medical Center Pooled Revenue | 3.88% |
| California Community Choice Financing Authority | 2.84% |
| California Community Choice Financing Authority | 2.51% |
| California Community Choice Financing Authority | 2.50% |
| City of Los Angeles Department of Airports | 2.01% |
| California Community Choice Financing Authority | 1.96% |
| San Joaquin Valley Clean Energy Authority | 1.78% |
| Los Angeles Housing Authority | 1.69% |
| California Health Facilities Financing Authority | 1.62% |
| California Community Choice Financing Authority | 1.55% |
LTCIX Portfolio Allocation
Asset-class allocation of Thornburg California Limited Term Municipal Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.5% |
| Cash & Equivalents | 0.5% |
| Securitized | 0.5% |
LTCIX Performance
Total returns for LTCIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.3% |
| 1 year | 3.8% |
| 3 years (annualised) | 3.1% |
| 5 years (annualised) | 1.3% |
LTCIX Risk Information
Risk metrics for LTCIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.9%
LTCIX Costs and Fees
LTCIX costs about $49 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.49%
- Gross expense ratio: 0.71%
- Portfolio turnover: 44%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
LTCIX Cashflows
Over the 12 months to 2026-03, Thornburg California Limited Term Municipal Fund had net inflows of $34.46M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $2.33M |
| 2026-02 | −$2.32M |
| 2026-01 | $5.11M |
| 2025-12 | $4.63M |
| 2025-11 | $1.01M |
| 2025-10 | −$889.78K |
LTCIX Debt Constituents
Largest debt holdings of Thornburg California Limited Term Municipal Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Regents of the University of California Medical Center Pooled Revenue | 3.88% |
| California Community Choice Financing Authority | 2.84% |
| California Community Choice Financing Authority | 2.51% |
| California Community Choice Financing Authority | 2.50% |
| City of Los Angeles Department of Airports | 2.01% |
| California Community Choice Financing Authority | 1.96% |
| San Joaquin Valley Clean Energy Authority | 1.78% |
| Los Angeles Housing Authority | 1.69% |
| California Health Facilities Financing Authority | 1.62% |
| California Community Choice Financing Authority | 1.55% |
LTCIX Prospectus and SEC Filings
Official Thornburg California Limited Term Municipal Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.