Thornburg California Limited Term Municipal Fund Q1 2025 Commentary
Source: SeekingAlpha
2025-06-03 22:40:00 ET
Summary
- The first quarter of 2025 was characterized by significant volatility and complexity across global financial markets that was not driven by a singular trend but was a tug-of-war between multiple forces.
- The Thornburg Municipal portfolios posted mixed total returns during the quarter as muni yields unexpectedly rose, especially for bonds with longer maturities in March.
- The yield curve steepened during the quarter, driven by the greater rise in longer maturity bonds versus shorter maturity bonds.
Market Review
Read the full article on Seeking Alpha
For further details see:
Thornburg California Limited Term Municipal Fund Q1 2025 Commentary
Thornburg Income Builder Opportunities Trust
NASDAQ: TBLD
TBLD Trading
0.26% G/L:
$21.40 Last:
17,397 Volume:
$21.62 Open:
TBLD Latest News
February 25, 2026 04:01:00 pm
Thornburg Income Builder Opportunities Trust To Host Annual Shareholders Meeting on March 11, 2026
TBLD Stock Data
$701,951,600
23,066,873
0.3%
54
N/A
Asset Management Services
Finance
US
Santa Fe
