Thornburg Capital Management Fund
THORNBURG INVESTMENT TRUST
Fund profile
This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Cash & short-term | 100.28% |
Latest quarter
What changed since the fund's previous filing
Largest new: State Street Bank & Trust Co., The Williams Cos Inc, Reckitt Benckiser Treasury Services PLC, HCA Inc, Imperial Brands Finance PLC, WEC Energy Group Inc, Oglethorpe Power Corp, The Mosaic Co
Largest exited: TRISTATE INSURED CASH SWEEP, McCormick & Co Inc, Equifax Inc, ORACLE CORP, Xcel Energy Inc, The J M Smucker Co, Agree LP, BAT International Finance PLC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 100% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.04 yr | 4% |
| 1 yr | 0.00 yr | 0% |
| 10 yr | 0.28 yr | 28% |
| 30 yr | 0.70 yr | 69% |
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.04 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.28 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.70 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | State Street Bank & Trust Co. | 5.23% | $144.50M | — |
| — | The Williams Cos Inc | 2.39% | $66.00M | — |
| — | Reckitt Benckiser Treasury Services PLC | 2.39% | $65.94M | — |
| — | HCA Inc | 2.32% | $64.00M | — |
| — | Imperial Brands Finance PLC | 2.24% | $62.00M | — |
| — | WEC Energy Group Inc | 2.10% | $57.88M | — |
| — | Oglethorpe Power Corp | 2.06% | $56.95M | — |
| — | The Mosaic Co | 1.99% | $54.92M | — |
| — | Equifax Inc | 1.99% | $54.87M | — |
| — | American Honda Finance Corp | 1.80% | $49.81M | — |
Top 10 positions are 24.50% of net assets, top 25 45.76%, across 61 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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