Thornburg Ultra Short Income Fund

Fund Profile

Fund profile

Tickers

TLDAX, TLDIX

Fund manager

Thornburg Investment Income Builder Fund Class C

Total assets

$258.17 mm

Liabilities

$1.25 mm

Net assets

$256.92 mm

Number of holdings

282.00

Top 200 of 282 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Thornburg Capital Management Fund	11.84 mm	1.18 mm shares	4.61	Common equity	Long	USA
U.S. Treasury Notes	3.00 mm	3.00 mm principal	1.17	Debt	Long	USA
U.S. Treasury Bills	2.98 mm	3.00 mm principal	1.16	Short-term investment vehicle	Long	USA
U.S. Treasury Bills	2.96 mm	3.00 mm principal	1.15	Short-term investment vehicle	Long	USA
Mercury Financial Credit Card Master Trust	2.65 mm	2.65 mm principal	1.03	ABS-other	Long	USA
OneMain Financial Issuance Trust 2018-2	2.65 mm	2.65 mm principal	1.03	ABS-other	Long	USA
Upgrade Receivables Trust 2024-1	2.50 mm	2.50 mm principal	0.97	ABS-other	Long	USA
Ryder System Inc	2.50 mm	2.50 mm principal	0.97	Short-term investment vehicle	Long	USA
Intercontinental Exchange Inc	2.50 mm	2.50 mm principal	0.97	Short-term investment vehicle	Long	USA
PPL Capital Funding Inc	2.50 mm	2.50 mm principal	0.97	Short-term investment vehicle	Long	USA
Evergy Missouri West Inc	2.50 mm	2.50 mm principal	0.97	Short-term investment vehicle	Long	USA
U.S. Treasury Notes	2.48 mm	2.50 mm principal	0.97	Debt	Long	USA
WRKCo Inc.	2.46 mm	2.47 mm principal	0.96	Debt	Long	USA
FREED ABS Trust 2022-3FP	2.31 mm	2.29 mm principal	0.90	ABS-other	Long	USA
DT Auto Owner Trust 2021-3	2.27 mm	2.33 mm principal	0.88	ABS-other	Long	USA
EQIX Equinix, Inc.	2.21 mm	2.25 mm principal	0.86	Debt	Long	USA
SWN Southwestern Energy Company	2.09 mm	2.09 mm principal	0.81	Debt	Long	USA
GTP Acquisition Partners I LLC	2.08 mm	2.10 mm principal	0.81	Debt	Long	USA
U.S. Treasury Notes	2.03 mm	2.05 mm principal	0.79	Debt	Long	USA
U.S. Treasury Notes	2.01 mm	2.00 mm principal	0.78	Debt	Long	USA
National Securities Clearing Corp	2.00 mm	2.00 mm principal	0.78	Debt	Long	USA
Enbridge US Inc	2.00 mm	2.00 mm principal	0.78	Short-term investment vehicle	Long	USA
DENTSPLY SIRONA Inc	2.00 mm	2.00 mm principal	0.78	Short-term investment vehicle	Long	USA
HAR Harman International Industries Inc	1.99 mm	2.00 mm principal	0.77	Debt	Long	USA
PNW Pinnacle West Capital Corporation	1.99 mm	2.02 mm principal	0.77	Debt	Long	USA
HPQ HP Inc.	1.97 mm	2.00 mm principal	0.77	Debt	Long	USA
RenaissanceRe Finance Inc	1.96 mm	1.97 mm principal	0.76	Debt	Long	USA
Royalty Pharma PLC	1.95 mm	2.00 mm principal	0.76	Debt	Long	UK
Oportun Issuance Trust 2021-C	1.93 mm	1.98 mm principal	0.75	ABS-other	Long	USA
DTE Electric Co	1.90 mm	1.90 mm principal	0.74	Short-term investment vehicle	Long	USA
Florida Gas Transmission Co LLC	1.85 mm	1.86 mm principal	0.72	Debt	Long	USA
Theorem Funding Trust 2022-2	1.83 mm	1.83 mm principal	0.71	ABS-other	Long	USA
American Credit Acceptance Receivables Trust 2022-1	1.81 mm	1.83 mm principal	0.71	ABS-other	Long	USA
Gray Oak Pipeline LLC	1.79 mm	1.82 mm principal	0.70	Debt	Long	USA
Marlette Funding Trust 2022-3	1.76 mm	1.75 mm principal	0.69	ABS-other	Long	USA
Charter Communications Operating LLC / Charter Communications Operating Capital	1.75 mm	1.75 mm principal	0.68	Debt	Long	USA
Berry Global Inc	1.74 mm	1.75 mm principal	0.68	Debt	Long	USA
GA Global Funding Trust	1.74 mm	1.75 mm principal	0.68	Debt	Long	USA
RTX Corp	1.74 mm	1.75 mm principal	0.68	Debt	Long	USA
ES Eversource Energy	1.71 mm	1.75 mm principal	0.66	Debt	Long	USA
AEP American Electric Power Company, Inc.	1.69 mm	1.74 mm principal	0.66	Debt	Long	USA
Puget Energy Inc	1.64 mm	1.65 mm principal	0.64	Debt	Long	USA
SPS Servicer Advance Receivables Trust	1.61 mm	1.66 mm principal	0.63	ABS-other	Long	USA
Leidos Inc	1.60 mm	1.61 mm principal	0.62	Debt	Long	USA
Foundation Finance Trust 2019-1	1.58 mm	1.59 mm principal	0.61	ABS-other	Long	USA
IFF International Flavors & Fragrances Inc.	1.56 mm	1.60 mm principal	0.61	Debt	Long	USA
Auxilior Term Funding 2024-1 LLC	1.51 mm	1.50 mm principal	0.59	ABS-other	Long	USA
Affirm Asset Securitization Trust 2024-X2	1.50 mm	1.50 mm principal	0.58	ABS-other	Long	USA
Warnermedia Holdings Inc	1.50 mm	1.50 mm principal	0.58	Debt	Long	USA
Williams Cos Inc/The	1.50 mm	1.50 mm principal	0.58	Short-term investment vehicle	Long	USA
Energy Transfer LP	1.50 mm	1.50 mm principal	0.58	Short-term investment vehicle	Long	USA
ITT Inc	1.50 mm	1.50 mm principal	0.58	Short-term investment vehicle	Long	USA
Atlantic City Electric Co	1.50 mm	1.50 mm principal	0.58	Short-term investment vehicle	Long	USA
Brixmor Operating Partnership LP	1.50 mm	1.50 mm principal	0.58	Debt	Long	USA
CPGX Columbia Pipeline Group Inc	1.50 mm	1.50 mm principal	0.58	Debt	Long	USA
CVS Health Corp	1.49 mm	1.50 mm principal	0.58	Short-term investment vehicle	Long	USA
HII Huntington Ingalls Industries, Inc.	1.49 mm	1.50 mm principal	0.58	Debt	Long	USA
Crown Castle Towers LLC	1.49 mm	1.50 mm principal	0.58	Debt	Long	USA
INTC Intel Corporation	1.49 mm	1.50 mm principal	0.58	Debt	Long	USA
ORCL Oracle Corporation	1.49 mm	1.50 mm principal	0.58	Debt	Long	USA
Avis Budget Rental Car Funding AESOP LLC	1.49 mm	1.50 mm principal	0.58	ABS-other	Long	USA
LII Lennox International Inc.	1.47 mm	1.50 mm principal	0.57	Debt	Long	USA
Electricite de France SA	1.46 mm	1.48 mm principal	0.57	Debt	Long	France
KMI Kinder Morgan, Inc.	1.45 mm	1.46 mm principal	0.56	Debt	Long	USA
BAT International Finance PLC	1.44 mm	1.50 mm principal	0.56	Debt	Long	UK
U.S. Treasury Notes	1.43 mm	1.50 mm principal	0.56	Debt	Long	USA
SLGN Silgan Holdings Inc.	1.43 mm	1.50 mm principal	0.56	Debt	Long	USA
Blue Cross and Blue Shield of Minnesota	1.40 mm	1.42 mm principal	0.55	Debt	Long	USA
Foursight Capital Automobile Receivables Trust 2022-2	1.40 mm	1.40 mm principal	0.55	ABS-other	Long	USA
ClickLease Equipment Receivables 2024-1 Trust	1.36 mm	1.35 mm principal	0.53	ABS-other	Long	USA
Kinetic Advantage Master Owner Trust	1.35 mm	1.35 mm principal	0.53	ABS-other	Long	USA
Pagaya AI Debt Trust 2023-5	1.33 mm	1.30 mm principal	0.52	ABS-other	Long	USA
PCG+A Pacific Gas & Electric Co.	1.33 mm	1.33 mm principal	0.52	Debt	Long	USA
Dell Equipment Finance Trust 2023-1	1.31 mm	1.30 mm principal	0.51	ABS-other	Long	USA
Flagship Credit Auto Trust 2024-1	1.31 mm	1.30 mm principal	0.51	ABS-other	Long	USA
Republic Finance Issuance Trust 2021-A	1.30 mm	1.32 mm principal	0.51	ABS-other	Long	USA
Arivo Acceptance Auto Loan Receivables Trust 2024-1	1.29 mm	1.27 mm principal	0.50	ABS-other	Long	USA
RRX Regal Rexnord Corporation	1.26 mm	1.25 mm principal	0.49	Debt	Long	USA
FirstEnergy Pennsylvania Electric Co	1.25 mm	1.25 mm principal	0.49	Debt	Long	USA
TCP TC Pipelines LP	1.25 mm	1.25 mm principal	0.49	Debt	Long	USA
LNC Lincoln National Corporation	1.25 mm	1.25 mm principal	0.48	Debt	Long	USA
Amcor Flexibles North America Inc	1.24 mm	1.25 mm principal	0.48	Debt	Long	USA
XEL Xcel Energy Inc.	1.24 mm	1.25 mm principal	0.48	Debt	Long	USA
Blue Owl Technology Finance Corp	1.24 mm	1.25 mm principal	0.48	Debt	Long	USA
LL ABS Trust 2022-2	1.24 mm	1.23 mm principal	0.48	ABS-other	Long	USA
Westlake Automobile Receivables Trust 2022-2	1.23 mm	1.23 mm principal	0.48	ABS-other	Long	USA
Santander Drive Auto Receivables Trust 2024-4	1.21 mm	1.21 mm principal	0.47	ABS-other	Long	USA
CCI Crown Castle Inc.	1.19 mm	1.22 mm principal	0.47	Debt	Long	USA
Avid Automobile Receivables Trust 2021-1	1.15 mm	1.15 mm principal	0.45	ABS-other	Long	USA
EXC Exelon Corporation	1.14 mm	1.15 mm principal	0.45	Debt	Long	USA
ACC Auto Trust 2022-A	1.11 mm	1.11 mm principal	0.43	ABS-other	Long	USA
Research-Driven Pagaya Motor Asset Trust 2023-4	1.10 mm	1.09 mm principal	0.43	ABS-other	Long	USA
Penske Truck Leasing Co Lp / PTL Finance Corp	1.10 mm	1.10 mm principal	0.43	Debt	Long	USA
CPS Auto Receivables Trust 2022-A	1.08 mm	1.10 mm principal	0.42	ABS-other	Long	USA
ORCL Oracle Corporation	1.08 mm	1.08 mm principal	0.42	Debt	Long	USA
OneMain Direct Auto Receivables Trust 2019-1	1.06 mm	1.06 mm principal	0.41	ABS-other	Long	USA
CP EF Asset Securitization I LLC	1.02 mm	1.02 mm principal	0.40	ABS-other	Long	USA
Prudential Insurance Co of America/The	1.02 mm	1.00 mm principal	0.40	Debt	Long	USA
OneMain Direct Auto Receivables Trust 2021-1	1.02 mm	1.03 mm principal	0.40	ABS-other	Long	USA
Enel Finance International NV	1.02 mm	1.00 mm principal	0.40	Debt	Long	Netherlands
CPS Auto Receivables Trust 2023-D	1.01 mm	1.00 mm principal	0.39	ABS-other	Long	USA
Service Experts Issuer 2021-1 LLC	1.01 mm	1.04 mm principal	0.39	ABS-other	Long	USA
SR Spire Inc.	1.01 mm	1.00 mm principal	0.39	Debt	Long	USA
NuStar Logistics LP	1.00 mm	1.00 mm principal	0.39	Debt	Long	USA
F&G Global Funding	1.00 mm	1.00 mm principal	0.39	Debt	Long	USA
Lendbuzz Securitization Trust 2024-3	1.00 mm	1.00 mm principal	0.39	ABS-other	Long	USA
CVS Health Corp	999.86 k	1.00 mm principal	0.39	Short-term investment vehicle	Long	USA
Vistra Operations Co LLC	999.73 k	1.00 mm principal	0.39	Debt	Long	USA
Spire Inc	999.08 k	1.00 mm principal	0.39	Short-term investment vehicle	Long	USA
SBA Tower Trust	998.97 k	1.00 mm principal	0.39	Debt	Long	USA
U.S. Treasury Notes	997.38 k	1.00 mm principal	0.39	Debt	Long	USA
SON Sonoco Products Company	997.13 k	1.00 mm principal	0.39	Debt	Long	USA
Essex Portfolio LP	996.18 k	1.00 mm principal	0.39	Debt	Long	USA
FICO Fair Isaac Corporation	996.14 k	1.00 mm principal	0.39	Debt	Long	USA
GATX GATX Corporation	994.81 k	1.00 mm principal	0.39	Debt	Long	USA
AMT American Tower Corporation	994.44 k	1.00 mm principal	0.39	Debt	Long	USA
SON Sonoco Products Company	992.89 k	1.00 mm principal	0.39	Debt	Long	USA
Enel Finance International NV	990.41 k	1.00 mm principal	0.39	Debt	Long	Netherlands
ARCC Ares Capital Corporation	990.04 k	1.00 mm principal	0.39	Debt	Long	USA
Brooklyn Union Gas Co/The	980.56 k	1.00 mm principal	0.38	Debt	Long	USA
Westlake Automobile Receivables Trust 2021-2	970.26 k	979.84 k principal	0.38	ABS-other	Long	USA
Octane Receivables Trust 2023-3	964.75 k	954.91 k principal	0.38	ABS-other	Long	USA
Prosper Marketplace Issuance Trust Series 2024-1	958.08 k	955.17 k principal	0.37	ABS-other	Long	USA
7-Eleven Inc	956.67 k	1.00 mm principal	0.37	Debt	Long	USA
Equitable Financial Life Global Funding	949.91 k	1.00 mm principal	0.37	Debt	Long	USA
AMCR ABS TRUST 2024-A	943.18 k	938.72 k principal	0.37	ABS-other	Long	USA
SEE Sealed Air Corporation	940.97 k	1.00 mm principal	0.37	Debt	Long	USA
Theorem Funding Trust 2022-3	923.60 k	916.45 k principal	0.36	ABS-other	Long	USA
Upstart Securitization Trust 2023-3	918.41 k	909.00 k principal	0.36	ABS-other	Long	USA
American Credit Acceptance Receivables Trust 2023-1	916.80 k	914.23 k principal	0.36	ABS-other	Long	USA
Reach ABS Trust 2024-2	905.07 k	899.41 k principal	0.35	ABS-other	Long	USA
Veros Auto Receivables Trust 2024-1	904.16 k	896.92 k principal	0.35	ABS-other	Long	USA
Tricolor Auto Securitization Trust 2024-2	893.46 k	887.58 k principal	0.35	ABS-other	Long	USA
Carvana Auto Receivables Trust 2023-N4	888.48 k	882.06 k principal	0.35	ABS-other	Long	USA
Reliance Standard Life Global Funding II	850.45 k	850.00 k principal	0.33	Debt	Long	USA
Research-Driven Pagaya Motor Asset Trust 2023-3	849.11 k	840.46 k principal	0.33	ABS-other	Long	USA
ILMN Illumina, Inc.	847.56 k	850.00 k principal	0.33	Debt	Long	USA
ACM Auto Trust 2023-2	841.10 k	837.18 k principal	0.33	ABS-other	Long	USA
CFMT 2021-GRN1 Issuer Trust	803.07 k	819.08 k principal	0.31	ABS-other	Long	USA
GreenSky Home Improvement Trust 2024-1	791.56 k	786.64 k principal	0.31	ABS-other	Long	USA
Gulfstream Natural Gas System LLC	754.54 k	750.00 k principal	0.29	Debt	Long	USA
FHF Issuer Trust 2024-1	754.32 k	747.24 k principal	0.29	ABS-other	Long	USA
MMC Marsh & McLennan Companies, Inc.	753.91 k	751.00 k principal	0.29	Debt	Long	USA
Antares Holdings LP	753.56 k	750.00 k principal	0.29	Debt	Long	USA
Exeter Automobile Receivables Trust 2022-4	752.39 k	745.00 k principal	0.29	ABS-other	Long	USA
WFC Wells Fargo & Company	748.56 k	750.00 k principal	0.29	Debt	Long	USA
Houston Galleria Mall Trust 2015-HGLR	746.39 k	750.00 k principal	0.29	ABS-mortgage backed security	Long	USA
AES The AES Corporation	741.56 k	750.00 k principal	0.29	Debt	Long	USA
GLS Auto Receivables Issuer Trust 2024-3	737.90 k	735.78 k principal	0.29	ABS-other	Long	USA
New York State Electric & Gas Corp	727.45 k	750.00 k principal	0.28	Debt	Long	USA
CCG Receivables Trust 2021-2	726.10 k	729.54 k principal	0.28	ABS-other	Long	USA
Berry Global Inc	723.81 k	750.00 k principal	0.28	Debt	Long	USA
Flagship Credit Auto Trust 2021-4	718.39 k	721.64 k principal	0.28	ABS-other	Long	USA
STZ Constellation Brands, Inc.	699.18 k	700.00 k principal	0.27	Debt	Long	USA
NetCredit Combined Receivables 2024 LLC	690.91 k	685.96 k principal	0.27	ABS-other	Long	USA
CarMax Auto Owner Trust 2021-3	680.80 k	686.48 k principal	0.26	ABS-other	Long	USA
Prestige Auto Receivables Trust 2022-1	657.27 k	656.39 k principal	0.26	ABS-other	Long	USA
Exeter Automobile Receivables Trust 2022-3	654.34 k	653.43 k principal	0.25	ABS-other	Long	USA
Cox Communications Inc	649.33 k	650.00 k principal	0.25	Debt	Long	USA
BOF VII AL Funding Trust I	638.76 k	628.65 k principal	0.25	ABS-other	Long	USA
Redwood Funding Trust 2024-1	619.94 k	620.49 k principal	0.24	ABS-mortgage backed security	Long	USA
FHF Issuer Trust 2024-3	599.08 k	600.00 k principal	0.23	ABS-other	Long	USA
GLS Auto Receivables Issuer Trust 2021-4	592.22 k	595.00 k principal	0.23	ABS-other	Long	USA
JPMBB Commercial Mortgage Securities Trust 2015-C31	583.49 k	588.74 k principal	0.23	ABS-mortgage backed security	Long	USA
Foundation Finance Trust 2020-1	553.06 k	557.72 k principal	0.22	ABS-other	Long	USA
GreenSky Home Improvement Issuer Trust 2024-2	551.23 k	550.00 k principal	0.21	ABS-other	Long	USA
Tricolor Auto Securitization Trust 2021-1	534.54 k	534.76 k principal	0.21	ABS-other	Long	USA
AGR Avangrid, Inc.	512.27 k	515.00 k principal	0.20	Debt	Long	USA
Marlette Funding Trust 2024-1	509.52 k	507.35 k principal	0.20	ABS-other	Long	USA
Mission Lane Credit Card Master Trust	504.45 k	500.00 k principal	0.20	ABS-other	Long	USA
Hyundai Capital America	503.50 k	500.00 k principal	0.20	Debt	Long	USA
Hyundai Capital America	501.84 k	500.00 k principal	0.20	Debt	Long	USA
Cigna Holding Co	499.63 k	500.00 k principal	0.19	Debt	Long	USA
DENTSPLY SIRONA Inc	497.50 k	500.00 k principal	0.19	Short-term investment vehicle	Long	USA
Reliance Standard Life Global Funding II	495.78 k	500.00 k principal	0.19	Debt	Long	USA
Oportun Issuance Trust 2021-B	491.71 k	506.09 k principal	0.19	ABS-other	Long	USA
PRA Health Sciences Inc	481.10 k	500.00 k principal	0.19	Debt	Long	USA
SAFCO Auto Receivables Trust 2024-1	479.76 k	475.79 k principal	0.19	ABS-other	Long	USA
Exeter Automobile Receivables Trust 2021-2	460.72 k	465.48 k principal	0.18	ABS-other	Long	USA
Octane Receivables Trust 2022-1	456.91 k	457.35 k principal	0.18	ABS-other	Long	USA
Oscar US Funding XV LLC	454.46 k	452.91 k principal	0.18	ABS-other	Long	Japan
Santander Drive Auto Receivables Trust 2023-5	445.62 k	444.63 k principal	0.17	ABS-other	Long	USA
Pagaya AI Debt Trust 2023-5	439.61 k	437.95 k principal	0.17	ABS-other	Long	USA
Tricolor Auto Securitization Trust 2024-3	435.89 k	434.56 k principal	0.17	ABS-other	Long	USA
MFA 2022-CHM1 Trust	434.96 k	448.93 k principal	0.17	ABS-mortgage backed security	Long	USA
United Auto Credit Securitization Trust 2024-1	430.61 k	429.67 k principal	0.17	ABS-other	Long	USA
Towd Point Mortgage Trust 2018-6	423.96 k	428.64 k principal	0.17	ABS-mortgage backed security	Long	USA
Prosper Marketplace Issuance Trust Series 2023-1	418.46 k	417.62 k principal	0.16	ABS-other	Long	USA
Flagship Credit Auto Trust 2020-1	408.40 k	410.08 k principal	0.16	ABS-other	Long	USA
GLS Auto Receivables Issuer Trust 2021-4	390.68 k	400.00 k principal	0.15	ABS-other	Long	USA
FHF Trust 2022-2	388.10 k	386.43 k principal	0.15	ABS-other	Long	USA
Dext ABS 2023-2 LLC	378.21 k	373.96 k principal	0.15	ABS-other	Long	USA
Enterprise Fleet Financing 2022-2 LLC	368.33 k	368.41 k principal	0.14	ABS-other	Long	USA
BOF URSA VI Funding Trust I	354.84 k	352.35 k principal	0.14	ABS-other	Long	USA
Aqua Finance Trust 2020-A	341.72 k	382.60 k principal	0.13	ABS-other	Long	USA
Crossroads Asset Trust 2022-A	341.37 k	339.49 k principal	0.13	ABS-other	Long	USA
Pagaya AI Debt Trust 2024-1	334.75 k	331.28 k principal	0.13	ABS-other	Long	USA
GLS Auto Receivables Issuer Trust 2021-1	324.58 k	327.18 k principal	0.13	ABS-other	Long	USA
Arivo Acceptance Auto Loan Receivables Trust 2022-1	317.68 k	318.78 k principal	0.12	ABS-other	Long	USA
Westlake Automobile Receivables Trust 2021-3	316.16 k	316.84 k principal	0.12	ABS-other	Long	USA