The investment seeks to obtain as high a level of current income exempt from federal and New Mexico state individual income taxes as is consistent with preservation of capital; the secondary goal of the fund is to reduce expected changes in its share price compared to long-term bond portfolios. The fund invests at least 80% of its assets in municipal obligations originating in New Mexico which are exempt from New Mexico and regular federal income taxes, and normally invests 100% of its assets in municipal obligations originating in New Mexico or issued by United States territories or possessions. It is non-diversified.
Fund filings (PDF) »
Josh Gonze (Started: Feb 1, 2007)
Christopher Ryon (Started: Feb 1, 2011)
# Contact ?>
Thornburg Investment Management, 2300 North Ridgetop Road