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TSSAX
Mutual Fund ticker: NASDAQ
AS OF
Jan 10 closing price
Price
$13.94
Change
-$0.04 (-0.29%)
Net Assets
359.18M

TSSAX Thornburg Strategic Municipal Income A Forecast, Technical & Fundamental Analysis

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A.I.Advisor
published Highlights

Industry description

The investment seeks a high level of current income exempt from federal individual income tax. The fund invests principally in a portfolio of municipal obligations issued by states and state agencies, local governments and their agencies, and by United States territories and possessions. It invests in obligations and participations in obligations of any credit quality. The fund may invest in municipal obligations of any maturity, but seeks to maintain a portfolio of investments having a dollar-weighted average effective duration of normally one to ten years.
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A.I. Advisor
published General Information

General Information

Category MuniNationalInterm

Profile
Fundamentals
Details
Category
Muni National Interm
Address
Thornburg Investment Trust2300 North Ridgetop RoadSanta Fe
Phone
5059840200
Web
www.thornburg.com
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TSSAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, TSSAX has been closely correlated with MDNLX. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if TSSAX jumps, then MDNLX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TSSAX
1D Price
Change %
TSSAX100%
-0.29%
MDNLX - TSSAX
94%
Closely correlated
-0.30%
FLTMX - TSSAX
90%
Closely correlated
-0.20%
NMBAX - TSSAX
89%
Closely correlated
-0.34%
AFTFX - TSSAX
87%
Closely correlated
-0.32%
RTEAX - TSSAX
87%
Closely correlated
-0.18%
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