0001752724-24-186508.txt : 20240822 0001752724-24-186508.hdr.sgml : 20240822 20240822141329 ACCESSION NUMBER: 0001752724-24-186508 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240822 DATE AS OF CHANGE: 20240822 PERIOD START: 20240930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: THORNBURG INVESTMENT TRUST CENTRAL INDEX KEY: 0000816153 ORGANIZATION NAME: IRS NUMBER: 061158764 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-05201 FILM NUMBER: 241231488 BUSINESS ADDRESS: STREET 1: 2300 NORTH RIDGETOP ROAD CITY: SANTA FE STATE: NM ZIP: 87506-8361 BUSINESS PHONE: 5059840200 MAIL ADDRESS: STREET 1: 2300 NORTH RIDGETOP ROAD CITY: SANTA FE STATE: NM ZIP: 87506-8361 FORMER COMPANY: FORMER CONFORMED NAME: THORNBURG INCOME TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LIMITED TERM TRUST DATE OF NAME CHANGE: 19870816 0000816153 S000011841 Thornburg California Limited Term Municipal Fund C000032344 Thornburg California Limited Term Municipal Fund - Class A LTCAX C000032345 Thornburg California Limited Term Municipal Fund - Class C LTCCX C000032346 Thornburg California Limited Term Municipal Fund - Class I LTCIX C000222322 Thornburg California Limited Term Municipal Fund - Class C2 LTCQX NPORT-P 1 primary_doc.xml NPORT-P false 0000816153 XXXXXXXX S000011841 C000032346 C000032345 C000032344 C000222322 THORNBURG INVESTMENT TRUST 811-05201 0000816153 5493001XM52H8S4WYY82 2300 NORTH RIDGETOP ROAD SANTA FE 87506-8361 505-984-0200 Thornburg California Limited Term Municipal Fund S000011841 549300AEWS0TMJJM0P77 2024-09-30 2024-06-30 N 271633002.59 987123.23 270645879.36 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 22527.37000000 USD N Guam Government Waterworks Authority N/A GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE 40065FCR3 850000.00000000 PA USD 860880.00000000 0.318083542241 Long DBT MUN US N 2 2025-07-01 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA ST STWD CMNTYS DEV AUTH HOSP REVENUE 13081KAM2 200000.00000000 PA USD 211531.80000000 0.078158145433 Long DBT MUN US N 2 2031-01-01 Fixed 5.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13032UJF6 1000000.00000000 PA USD 1029933.00000000 0.380546344335 Long DBT MUN US N 2 2033-08-15 Fixed 5.00000000 N N N N N N Los Angeles Unified School District/CA N/A LOS ANGELES CA UNIF SCH DIST 544647HR4 500000.00000000 PA USD 590639.00000000 0.218233139701 Long DBT MUN US N 2 2034-07-01 Fixed 5.00000000 N N N N N N California Community Choice Financing Authority 549300X8VKJ215S2R571 CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE 13013JAX4 2440000.00000000 PA USD 2444026.00000000 0.903034624350 Long DBT MUN US N 2 2052-10-01 Floating 4.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13032UUP1 460000.00000000 PA USD 475649.66000000 0.175746130376 Long DBT MUN US N 2 2039-10-01 Floating 5.00000000 N N N N N N Stockton Public Financing Authority N/A STOCKTON CA PUBLIC FING AUTH WTR REVENUE 861398BR5 575000.00000000 PA USD 596634.38000000 0.220448351702 Long DBT MUN US N 2 2026-10-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE 13048RAN7 1000000.00000000 PA USD 1003264.00000000 0.370692508739 Long DBT MUN US N 2 2041-11-01 Floating 4.80000000 N N N N N N Pittsburg Successor Agency Redevelopment Agency N/A PITTSBURG CA SUCCESSOR AGY REDEV AGY 86459LBN7 535000.00000000 PA USD 552543.19000000 0.204157252017 Long DBT MUN US N 2 2026-09-01 Fixed 5.00000000 N N N N N N California Educational Facilities Authority N/A CALIFORNIA ST EDUCTNL FACS AUTH REVENUE 130179UA0 375000.00000000 PA USD 404536.50000000 0.149470777444 Long DBT MUN US N 2 2033-12-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE 13049YEZ0 350000.00000000 PA USD 370159.30000000 0.136768865971 Long DBT MUN US N 2 2028-05-15 Fixed 5.00000000 N N N N N N Northern California Energy Authority 5493001ZIJGWU7HYLH34 NRTHRN CA ENERGY AUTH COMMODITY SPLY REVENUE 664840AL9 1000000.00000000 PA USD 1068585.00000000 0.394827736718 Long DBT MUN US N 2 2054-12-01 Floating 5.00000000 N N N N N N Los Angeles County Development Authority N/A LOS ANGELES CNTY CA DEV AUTH MF HSG REVENUE 54467WAE2 3855000.00000000 PA USD 3835817.52000000 1.417282808469 Long DBT MUN US N 2 2046-01-01 Floating 3.38000000 N N N N N N Jurupa Public Financing Authority N/A JURUPA CA PUBLIC FING AUTH SPL TAX REVENUE 482085FH5 725000.00000000 PA USD 805248.08000000 0.297528298566 Long DBT MUN US N 2 2030-09-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE 13049YFC0 400000.00000000 PA USD 440499.20000000 0.162758509769 Long DBT MUN US N 2 2031-05-15 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA STWD CMNTYS DEV AUTH REVENUE 13080SP24 1000000.00000000 PA USD 1094761.00000000 0.404499415468 Long DBT MUN US N 2 2033-04-01 Fixed 5.00000000 N N N N N N Los Angeles Unified School District/CA N/A LOS ANGELES CA UNIF SCH DIST COPS 544648WF1 3000000.00000000 PA USD 3468390.00000000 1.281523298341 Long DBT MUN US N 2 2033-10-01 Fixed 5.00000000 N N N N N N Indio Finance Authority N/A INDIO CA PUBLIC FING AUTH 45571LDD6 265000.00000000 PA USD 286013.97000000 0.105678302095 Long DBT MUN US N 2 2028-11-01 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA ST STWD CMNTYS DEVAUTH POLL CONTROL REVENUE 13078HAY8 2500000.00000000 PA USD 2152170.00000000 0.795197771009 Long DBT MUN US N 2 2029-09-01 Fixed 1.75000000 N N N N N N California State Public Works Board N/A CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE 13068XHH5 1500000.00000000 PA USD 1732629.00000000 0.640183033304 Long DBT MUN US N 2 2033-09-01 Fixed 5.00000000 N N N N N N Riverside County Public Financing Authority N/A RIVERSIDE CNTY CA PUBLIC FING AUTH LEASE REVENUE 76912KBT8 1000000.00000000 PA USD 1022398.00000000 0.377762263522 Long DBT MUN US N 2 2025-11-01 Fixed 5.00000000 N N N N N N California Pollution Control Financing Authority N/A CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE 130536QR9 2000000.00000000 PA USD 1986518.00000000 0.733991592518 Long DBT MUN US N 2 2025-07-01 Fixed 3.38000000 N N N N N N City of San Mateo CA N/A SAN MATEO CALIF SPL TAX 79901PCS5 1300000.00000000 PA USD 1466212.80000000 0.541745842747 Long DBT MUN US N 2 2032-09-01 Fixed 5.00000000 N N N N N N City of Fresno CA Airport Revenue N/A FRESNO CA ARPT REVENUE 358100FD2 750000.00000000 PA USD 808304.25000000 0.298657512137 Long DBT MUN US N 2 2033-07-01 Fixed 5.00000000 N N N N N N Chula Vista Redevelopment Agency Successor Agency N/A CHULA VISTA CA REDEV AGY SUCCESSOR AGENCY TAX ALLOCATION 17132FAR2 1070000.00000000 PA USD 1101976.95000000 0.407165611612 Long DBT MUN US N 2 2032-10-01 Fixed 5.00000000 N N N N N N Los Angeles County Development Authority N/A LOS ANGELES CNTY CA DEV AUTH MULTIFAMILY HSG MTG REV 54465JAC7 2605000.00000000 PA USD 2672406.98000000 0.987418314411 Long DBT MUN US N 2 2043-07-01 Floating 5.00000000 N N N N N N City of San Mateo CA N/A SAN MATEO CALIF SPL TAX 79901PCN6 300000.00000000 PA USD 320182.20000000 0.118303001973 Long DBT MUN US N 2 2028-09-01 Fixed 5.00000000 N N N N N N Pittsburg Successor Agency Redevelopment Agency N/A PITTSBURG CA SUCCESSOR AGY REDEV AGY 86459LBL1 2200000.00000000 PA USD 2205376.80000000 0.814856965572 Long DBT MUN US N 2 2024-09-01 Fixed 5.00000000 N N N N N N Lammersville Joint Unified School District N/A LAMMERSVILLE CA JT UNIF SCH DIST SPL TAX 513533GW3 1560000.00000000 PA USD 1774061.64000000 0.655491834642 Long DBT MUN US N 2 2032-09-01 Fixed 5.00000000 N N N N N N Colton Redevelopment Agency Successor Agency N/A COLTON CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION 19704CAK8 950000.00000000 PA USD 966861.55000000 0.357242294723 Long DBT MUN US N 2 2025-08-01 Fixed 5.00000000 N N N N N N Rosemead Community Development Commission Successor Agency N/A ROSEMEAD CA CMNTY DEV COMMISSION SUCCESSOR AGY TAX ALLOCATIO 77753PAJ0 405000.00000000 PA USD 412989.84000000 0.152594172494 Long DBT MUN US N 2 2025-10-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH REVENUE 13048VN61 100000.00000000 PA USD 109709.90000000 0.040536327491 Long DBT MUN US N 2 2034-05-15 Fixed 5.00000000 N N N N N N Santa Cruz County Capital Financing Authority N/A SANTA CRUZ CNTY CA CAPITAL FING AUTH LEASE REVENUE 80181PGP6 500000.00000000 PA USD 510113.00000000 0.188479869416 Long DBT MUN US N 2 2034-06-01 Fixed 4.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13032UUW6 4075000.00000000 PA USD 4410217.65000000 1.629515904852 Long DBT MUN US N 2 2041-06-01 Floating 5.00000000 N N N N N N Santa Margarita Water District N/A SANTA MARGARITA CA WTR DIST SPL TAX 802242FX0 350000.00000000 PA USD 367887.80000000 0.135929577376 Long DBT MUN US N 2 2027-09-01 Fixed 5.00000000 N N N N N N California Housing Finance Agency 549300BOPCVLBA552Z14 CALIFORNIA HSG FIN AGY AFFORDABLE HSG REVENUE 13032WBB9 2500000.00000000 PA USD 2499250.00000000 0.923439147091 Long DBT MUN US N 2 2063-08-01 Floating 3.60000000 N N N N N N California Community Choice Financing Authority 549300X8VKJ215S2R571 CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE 13013JBL9 500000.00000000 PA USD 523704.50000000 0.193501745246 Long DBT MUN US N 2 2053-12-01 Floating 5.00000000 N N N N N N Guam Power Authority 549300IPOV320QCKW060 GUAM PWR AUTH REVENUE 400653HY0 1230000.00000000 PA USD 1264731.51000000 0.467301225125 Long DBT MUN US N 2 2027-10-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH SENIOR LIVING REVENUE 13049RBT2 405000.00000000 PA USD 400642.61000000 0.148032037638 Long DBT MUN US N 2 2027-11-15 Fixed 2.75000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE 13049YFD8 600000.00000000 PA USD 616757.40000000 0.227883536028 Long DBT MUN US N 2 2032-05-15 Fixed 4.00000000 N N N N N N Burbank-Glendale-Pasadena Airport Authority Brick Campaign N/A BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE 120827DS6 1000000.00000000 PA USD 1106939.00000000 0.408999022123 Long DBT MUN US N 2 2034-07-01 Fixed 5.00000000 N N N N N N City of Fresno CA Airport Revenue N/A FRESNO CA ARPT REVENUE 358100FA8 1410000.00000000 PA USD 1488114.00000000 0.549838040586 Long DBT MUN US N 2 2030-07-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH REVENUE 13048VN53 100000.00000000 PA USD 109681.00000000 0.040525649331 Long DBT MUN US N 2 2033-05-15 Fixed 5.00000000 N N N N N N Peralta Community College District N/A PERALTA CA CMNTY CLG DIST 713575YN2 500000.00000000 PA USD 567044.50000000 0.209515290364 Long DBT MUN US N 2 2031-08-01 Fixed 5.00000000 N N N N N N City of Los Angeles Department of Airports N/A LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE 544445FC8 3500000.00000000 PA USD 3652603.50000000 1.349587700591 Long DBT MUN US N 2 2032-05-15 Fixed 5.00000000 N N N N N N Guam Government Waterworks Authority N/A GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE 40065FCS1 0.00000000 PA USD 0.00000000 0.000000 Long DBT MUN US N 2 2026-07-01 Fixed 5.00000000 N N N N N N California Pollution Control Financing Authority N/A CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE 130536RN7 3000000.00000000 PA USD 3001116.00000000 1.108871861303 Long DBT MUN US N 2 2043-07-01 Floating 4.13000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE 13049YEY3 400000.00000000 PA USD 416764.40000000 0.153988821476 Long DBT MUN US N 2 2027-05-15 Fixed 5.00000000 N N N N N N Los Angeles Unified School District/CA N/A LOS ANGELES CA UNIF SCH DIST 5446465L2 4600000.00000000 PA USD 4600644.00000000 1.699875871333 Long DBT MUN US N 2 2024-07-01 Fixed 5.00000000 N N N N N N Los Angeles County Development Authority N/A LOS ANGELES CNTY CA DEV AUTH MF HSG REVENUE 54467WAH5 2500000.00000000 PA USD 2466487.50000000 0.911333845478 Long DBT MUN US N 2 2046-12-01 Floating 3.75000000 N N N N N N Torrance Unified School District N/A TORRANCE CA UNIF SCH DIST 8913813E3 1320000.00000000 PA USD 1345476.00000000 0.497135224516 Long DBT MUN US N 2 2033-08-01 Fixed 4.25000000 N N N N N N Santa Cruz County Capital Financing Authority N/A SANTA CRUZ CNTY CA CAPITAL FING AUTH LEASE REVENUE 80181PGK7 500000.00000000 PA USD 512017.00000000 0.189183371722 Long DBT MUN US N 2 2030-06-01 Fixed 4.00000000 N N N N N N Peralta Community College District N/A PERALTA CA CMNTY CLG DIST 713575YQ5 520000.00000000 PA USD 600409.68000000 0.221843274104 Long DBT MUN US N 2 2033-08-01 Fixed 5.00000000 N N N N N N San Diego County Regional Airport Authority N/A SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE 79739GKA3 1030000.00000000 PA USD 1093285.26000000 0.403954149453 Long DBT MUN US N 2 2033-07-01 Fixed 5.00000000 N N N N N N Hacienda La Puente Unified School District/CA N/A HACIENDA LA PUENTE CA UNIF SCH DIST COPS 40450PAW5 1300000.00000000 PA USD 1321076.90000000 0.488120086337 Long DBT MUN US N 2 2025-06-01 Fixed 5.00000000 N N N N N N Rancho Santa Fe Community Services District N/A RANCHO SANTA FE CALIF CSD FING AUTH REV 75213RBS3 1745000.00000000 PA USD 1775860.33000000 0.656156426323 Long DBT MUN US N 2 2025-09-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE 13048RAP2 2000000.00000000 PA USD 1965080.00000000 0.726070540828 Long DBT MUN US N 2 2054-03-01 Floating 3.88000000 N N N N N N City of Victorville CA Electric Revenue N/A VICTORVILLE CALIF ELEC REV 92642CAH7 350000.00000000 PA USD 384837.95000000 0.142192429055 Long DBT MUN US N 2 2029-05-01 Fixed 5.00000000 N N N N N N Stockton Public Financing Authority N/A STOCKTON CA PUBLIC FING AUTH WTR REVENUE 861398BP9 395000.00000000 PA USD 396501.79000000 0.146502060529 Long DBT MUN US N 2 2024-10-01 Fixed 5.00000000 N N N N N N Lodi Public Financing Authority N/A LODI CA PUBLIC FING AUTH ELEC REVENUE 540258AN0 1405000.00000000 PA USD 1500695.96000000 0.554486905009 Long DBT MUN US N 2 2031-09-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE 13049YFB2 450000.00000000 PA USD 489339.45000000 0.180804323035 Long DBT MUN US N 2 2030-05-15 Fixed 5.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13033LX51 1000000.00000000 PA USD 1000078.00000000 0.369515324735 Long DBT MUN US N 2 2024-07-01 Fixed 5.00000000 N N N N N N Pittsburg Successor Agency Redevelopment Agency N/A PITTSBURG CA SUCCESSOR AGY REDEV AGY 86459LBR8 1000000.00000000 PA USD 1029194.00000000 0.380273293808 Long DBT MUN US N 2 2029-09-01 Fixed 5.00000000 N N N N N N Indio Finance Authority N/A INDIO CA PUBLIC FING AUTH 45571LDG9 375000.00000000 PA USD 421487.63000000 0.155733991220 Long DBT MUN US N 2 2031-11-01 Fixed 5.00000000 N N N N N N City of San Mateo CA N/A SAN MATEO CALIF SPL TAX 79901PCP1 400000.00000000 PA USD 433797.20000000 0.160282211214 Long DBT MUN US N 2 2029-09-01 Fixed 5.00000000 N N N N N N Los Angeles Department of Water & Power 549300S8NXV6YU61GG95 LOS ANGELES CA DEPT WTR & PWR REVENUE 544495M50 1000000.00000000 PA USD 1006063.00000000 0.371726701466 Long DBT MUN US N 2 2033-07-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE 13048RAM9 3000000.00000000 PA USD 3014865.00000000 1.113951931257 Long DBT MUN US N 2 2053-09-01 Floating 4.38000000 N N N N N N San Diego County Regional Airport Authority N/A SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE 79739GKX3 500000.00000000 PA USD 543794.50000000 0.200924729127 Long DBT MUN US N 2 2033-07-01 Fixed 5.00000000 N N N N N N City of Los Angeles Department of Airports N/A LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE 544445FT1 400000.00000000 PA USD 413363.20000000 0.152732123975 Long DBT MUN US N 2 2031-05-15 Fixed 5.00000000 N N N N N N Oakland Unified School District/Alameda County N/A OAKLAND CA UNIF SCH DIST ALAMEDA CNTY 672325XJ1 1300000.00000000 PA USD 1324453.00000000 0.489367509725 Long DBT MUN US N 2 2025-08-01 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA STWD CMNTYS DEV AUTH REVENUE 13080SYB4 2815000.00000000 PA USD 3045148.77000000 1.125141375586 Long DBT MUN US N 2 2038-04-01 Floating 5.00000000 N N N N N N Rancho Cucamonga Redevelopment Agency Successor Agency N/A RANCHO CUCAMONGA CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION 75212CAL3 2000000.00000000 PA USD 2005532.00000000 0.741017008920 Long DBT MUN US N 2 2024-09-01 Fixed 5.00000000 N N N N N N Santa Cruz County Capital Financing Authority N/A SANTA CRUZ CNTY CA CAPITAL FING AUTH LEASE REVENUE 80181PGM3 400000.00000000 PA USD 408394.00000000 0.150896071636 Long DBT MUN US N 2 2032-06-01 Fixed 4.00000000 N N N N N N State of California N/A CALIFORNIA ST 13063DDX3 2000000.00000000 PA USD 2100438.00000000 0.776083495143 Long DBT MUN US N 2 2033-08-01 Fixed 5.00000000 N N N N N N County of Sacramento CA Airport System Revenue N/A SACRAMENTO CNTY CA ARPT SYS REVENUE 786107RL8 1925000.00000000 PA USD 2000088.48000000 0.739005701741 Long DBT MUN US N 2 2027-07-01 Fixed 5.00000000 N N N N N N Los Angeles Community College District/CA N/A LOS ANGELES CA CMNTY CLG DIST 54438CC34 3000000.00000000 PA USD 3118827.00000000 1.152364487268 Long DBT MUN US N 2 2026-08-01 Fixed 5.00000000 N N N N N N Jurupa Public Financing Authority N/A JURUPA CA PUBLIC FING AUTH SPL TAX REVENUE 482085FL6 500000.00000000 PA USD 579232.50000000 0.214018591884 Long DBT MUN US N 2 2033-09-01 Fixed 5.00000000 N N N N N N Apple Valley Public Financing Authority N/A APPLE VLY CA PUBLIC FING AUTH TAX ALLOCATION REVENUE 03787QAD7 460000.00000000 PA USD 472898.86000000 0.174729746899 Long DBT MUN US N 2 2028-06-01 Fixed 4.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH COPS 130493CD9 100000.00000000 PA USD 111534.60000000 0.041210529516 Long DBT MUN US N 2 2030-11-01 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA STWD CMNTYS DEV AUTH REVENUE 13080SN75 495000.00000000 PA USD 541779.48000000 0.200180206431 Long DBT MUN US N 2 2030-04-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE 13048RAL1 750000.00000000 PA USD 748460.25000000 0.276545961745 Long DBT MUN US N 2 2041-10-01 Floating 4.13000000 N N N N N N Jurupa Public Financing Authority N/A JURUPA CA PUBLIC FING AUTH SPL TAX REVENUE 482085GD3 2260000.00000000 PA USD 2577622.66000000 0.952396787305 Long DBT MUN US N 2 2032-09-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH COPS 130493CF4 200000.00000000 PA USD 228221.80000000 0.084324875198 Long DBT MUN US N 2 2032-11-01 Fixed 5.00000000 N N N N N N Stockton Public Financing Authority N/A STOCKTON CA PUBLIC FING AUTH WTR REVENUE 861398BS3 745000.00000000 PA USD 787096.97000000 0.290821708374 Long DBT MUN US N 2 2027-10-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH REVENUE 13048TV83 430000.00000000 PA USD 443057.38000000 0.163703722756 Long DBT MUN US N 2 2027-10-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH COPS 130493CA5 100000.00000000 PA USD 107066.60000000 0.039559663813 Long DBT MUN US N 2 2027-11-01 Fixed 5.00000000 N N N N N N San Francisco City & County Airport Comm-San Francisco International Airport 54930055TIDYHNDP4F84 SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV 79766DTM1 3000000.00000000 PA USD 3227868.00000000 1.192653665237 Long DBT MUN US N 2 2032-05-01 Fixed 5.00000000 N N N N N N California Community Choice Financing Authority 549300X8VKJ215S2R571 CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE 13013JDB9 7000000.00000000 PA USD 7392910.00000000 2.731580476112 Long DBT MUN US N 2 2054-02-01 Floating 5.00000000 N N N N N N Indian Wells Redevelopment Agency Successor Agency N/A INDIAN WELLS CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION 45454RBA3 500000.00000000 PA USD 515236.00000000 0.190372748780 Long DBT MUN US N 2 2029-09-01 Fixed 5.00000000 N N N N N N Santa Cruz County Capital Financing Authority N/A SANTA CRUZ CNTY CA CAPITAL FING AUTH LEASE REVENUE 80181PGL5 410000.00000000 PA USD 419420.57000000 0.154970240445 Long DBT MUN US N 2 2031-06-01 Fixed 4.00000000 N N N N N N Bay Area Toll Authority 5493001FUZGUQMIP5D78 BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE 072024UJ9 5465000.00000000 PA USD 5376062.59000000 1.986382575900 Long DBT MUN US N 2 2047-04-01 Floating 2.95000000 N N N N N N City of Fresno CA Airport Revenue N/A FRESNO CA ARPT REVENUE 358100FB6 595000.00000000 PA USD 634017.72000000 0.234260991336 Long DBT MUN US N 2 2031-07-01 Fixed 5.00000000 N N N N N N Rialto Redevelopment Agency N/A RIALTO CA REDEV AGY SUCCESSORAGY TAX ALLOCATION 76246PAK4 500000.00000000 PA USD 501383.00000000 0.185254252230 Long DBT MUN US N 2 2024-09-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE 13048RAJ6 2000000.00000000 PA USD 2000000.00000000 0.738973009575 Long DBT MUN US N 2 2041-07-01 Floating 4.00000000 N N N N N N Rosemead Community Development Commission Successor Agency N/A ROSEMEAD CA CMNTY DEV COMMISSION SUCCESSOR AGY TAX ALLOCATIO 77753PAK7 745000.00000000 PA USD 771829.69000000 0.285180654449 Long DBT MUN US N 2 2026-10-01 Fixed 5.00000000 N N N N N N TRISTATE INSURED CASH SWEEP N/A TRISTATE INSURED CASH SWEEP 000000000 12.16000000 PA USD 12.16000000 0.000004492955 Long STIV CORP US N 2 2050-10-01 Variable 5.63000000 N N N N N N City of San Mateo CA N/A SAN MATEO CALIF SPL TAX 79901PCR7 1150000.00000000 PA USD 1280830.90000000 0.473249732465 Long DBT MUN US N 2 2031-09-01 Fixed 5.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13032UH68 1500000.00000000 PA USD 1742670.00000000 0.643893047298 Long DBT MUN US N 2 2033-08-15 Fixed 5.00000000 N N N N N N Sacramento City Schools Joint Powers Financing Authority N/A SACRAMENTO CA CITY SCHS JT PWRS FING AUTH LEASE REVENUE 785862AL7 2175000.00000000 PA USD 2176057.05000000 0.804023713623 Long DBT MUN US N 2 2025-03-01 Fixed 5.00000000 N N N N N N San Diego County Regional Airport Authority N/A SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE 79739GQY5 3000000.00000000 PA USD 3275664.00000000 1.210313642219 Long DBT MUN US N 2 2033-07-01 Fixed 5.00000000 N N N N N N Regents of the University of California Medical Center Pooled Revenue N/A UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE 913366AW0 1500000.00000000 PA USD 1500000.00000000 0.554229757181 Long DBT MUN US N 2 2032-05-15 Floating 4.65000000 N N N N N N Lammersville Joint Unified School District N/A LAMMERSVILLE CA JT UNIF SCH DIST SPL TAX 513533GS2 1160000.00000000 PA USD 1248897.76000000 0.461450868179 Long DBT MUN US N 2 2028-09-01 Fixed 5.00000000 N N N N N N California State Public Works Board N/A CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE 13068LMW2 3580000.00000000 PA USD 3589630.20000000 1.326319916079 Long DBT MUN US N 2 2024-09-01 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA STWD CMNTYS DEV AUTH REVENUE 13080SN34 250000.00000000 PA USD 256823.25000000 0.094892724990 Long DBT MUN US N 2 2026-04-01 Fixed 5.00000000 N N N N N N State of California N/A CALIFORNIA ST 13063CD98 1000000.00000000 PA USD 1008044.00000000 0.372458654232 Long DBT MUN US N 2 2034-09-01 Fixed 4.00000000 N N N N N N Bay Area Toll Authority 5493001FUZGUQMIP5D78 BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE 072024XU1 1000000.00000000 PA USD 977549.00000000 0.361191163269 Long DBT MUN US N 2 2056-04-01 Floating 4.29000000 N N N N N N City of Chula Vista CA N/A CHULA VISTA CA COPS 171294HJ3 1700000.00000000 PA USD 1707041.40000000 0.630728760414 Long DBT MUN US N 2 2024-10-01 Fixed 5.00000000 N N N N N N California Community Choice Financing Authority 549300X8VKJ215S2R571 CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE 13013JDG8 3000000.00000000 PA USD 3194988.00000000 1.180504948959 Long DBT MUN US N 2 2054-11-01 Floating 5.25000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH COPS 130493CB3 100000.00000000 PA USD 108749.90000000 0.040181620447 Long DBT MUN US N 2 2028-11-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE 13049YCQ2 2100000.00000000 PA USD 2200867.20000000 0.813190729230 Long DBT MUN US N 2 2028-05-15 Fixed 5.00000000 N N N N N N Municipal Improvement Corp of Los Angeles 549300ZJ0YLTZNSR8F57 LOS ANGELES CA MUNI IMPT CORPLEASE REVENUE 544587H35 1225000.00000000 PA USD 1252377.53000000 0.462736596234 Long DBT MUN US N 2 2033-11-01 Fixed 4.00000000 N N N N N N Los Angeles Housing Authority N/A LOS ANGELES CA HSG AUTH MF HSG REVENUE 544562CP4 3000000.00000000 PA USD 3007275.00000000 1.111147528686 Long DBT MUN US N 2 2034-04-01 Fixed 3.75000000 N N N N N N City of Fresno CA Airport Revenue N/A FRESNO CA ARPT REVENUE 358100FC4 500000.00000000 PA USD 535605.50000000 0.197899004140 Long DBT MUN US N 2 2032-07-01 Fixed 5.00000000 N N N N N N Richmond County Redevelopment Agency Successor Agency N/A SUCCESSOR AGY TO THE RICHMONDCA CMNTY REDEV AGY 86460EBC4 450000.00000000 PA USD 451099.80000000 0.166675288412 Long DBT MUN US N 2 2024-09-01 Fixed 5.00000000 N N N N N N Jurupa Public Financing Authority N/A JURUPA CA PUBLIC FING AUTH SPL TAX REVENUE 482085FJ1 300000.00000000 PA USD 337832.70000000 0.124824623526 Long DBT MUN US N 2 2031-09-01 Fixed 5.00000000 N N N N N N Commerce Community Development Commission Successor Agency N/A COMMERCE CA CMNTY DEV COMMISSION SUCCESSOR AGY TAX ALLOCATN 20056UAC8 1760000.00000000 PA USD 1811152.64000000 0.669196458591 Long DBT MUN US N 2 2027-08-01 Fixed 5.00000000 N N N N N N Los Angeles Department of Water & Power 549300S8NXV6YU61GG95 LOS ANGELES CA DEPT WTR & PWR REVENUE 544495DH4 3300000.00000000 PA USD 3300000.00000000 1.219305465800 Long DBT MUN US N 2 2034-07-01 Floating 4.55000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA STWD CMNTYS DEV AUTH REVENUE 13080SN83 600000.00000000 PA USD 656722.20000000 0.242649990294 Long DBT MUN US N 2 2031-04-01 Fixed 5.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13032UGN2 930000.00000000 PA USD 929294.13000000 0.343361640013 Long DBT MUN US N 2 2036-10-01 Floating 4.00000000 N N N N N N Santa Cruz County Capital Financing Authority N/A SANTA CRUZ CNTY CA CAPITAL FING AUTH LEASE REVENUE 80181PGJ0 475000.00000000 PA USD 491640.68000000 0.181654596464 Long DBT MUN US N 2 2029-06-01 Fixed 4.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE 13049YFA4 345000.00000000 PA USD 369951.44000000 0.136692064506 Long DBT MUN US N 2 2029-05-15 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA ST STWD CMNTYS DEVAUTH STUDENT HSG REVENUE 13078RFZ8 500000.00000000 PA USD 508410.00000000 0.187850633899 Long DBT MUN US N 2 2027-05-15 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA ST STWD CMNTYS DEVAUTH STUDENT HSG REVENUE 13078RHS2 2420000.00000000 PA USD 2668509.80000000 0.985978358994 Long DBT MUN US N 2 2032-05-15 Fixed 5.00000000 N N N N N N Rosemead Community Development Commission Successor Agency N/A ROSEMEAD CA CMNTY DEV COMMISSION SUCCESSOR AGY TAX ALLOCATIO 77753PAH4 620000.00000000 PA USD 622290.90000000 0.229928089602 Long DBT MUN US N 2 2024-10-01 Fixed 5.00000000 N N N N N N San Diego County Regional Airport Authority N/A SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE 79739GQV1 2380000.00000000 PA USD 2539862.22000000 0.938444814310 Long DBT MUN US N 2 2030-07-01 Fixed 5.00000000 N N N N N N Riverside County Redevelopment Successor Agency N/A RIVERSIDE CNTY CA REDEV SUCCESSOR AGY TAX ALLOCATION 76913ADJ9 500000.00000000 PA USD 507756.00000000 0.187608989725 Long DBT MUN US N 2 2030-10-01 Fixed 5.00000000 N N N N N N California Infrastructure & Economic Development Bank 549300C1OG9RDIM8ET06 CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE 13034A3Z1 1000000.00000000 PA USD 1000040.00000000 0.369501284248 Long DBT MUN US N 2 2050-01-01 Floating 3.95000000 N N N N N N City of Victorville CA Electric Revenue N/A VICTORVILLE CALIF ELEC REV 92642CAG9 115000.00000000 PA USD 124213.00000000 0.045895027219 Long DBT MUN US N 2 2028-05-01 Fixed 5.00000000 N N N N N N Indio Finance Authority N/A INDIO CA PUBLIC FING AUTH 45571LDF1 400000.00000000 PA USD 444171.60000000 0.164115412010 Long DBT MUN US N 2 2030-11-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE 13048RAK3 3000000.00000000 PA USD 2999967.00000000 1.108447321309 Long DBT MUN US N 2 2051-07-01 Floating 4.00000000 N N N N N N Santa Clara County Financing Authority 549300A73O1Q5POHAT69 SANTA CLARA CNTY CA FING AUTH 801577KB2 2255000.00000000 PA USD 2291251.38000000 0.846586463986 Long DBT MUN US N 2 2025-05-15 Fixed 5.00000000 N N N N N N Los Angeles Department of Water & Power 549300S8NXV6YU61GG95 LOS ANGELES CA DEPT WTR & PWR REVENUE 5444952J2 1050000.00000000 PA USD 1092957.60000000 0.403833083505 Long DBT MUN US N 2 2033-07-01 Fixed 5.00000000 N N N N N N Peralta Community College District N/A PERALTA CA CMNTY CLG DIST 713575YP7 1045000.00000000 PA USD 1204059.45000000 0.444883717737 Long DBT MUN US N 2 2032-08-01 Fixed 5.00000000 N N N N N N California State University N/A CALIFORNIA ST UNIV REVENUE 13077DSZ6 4200000.00000000 PA USD 4152288.00000000 1.534214379993 Long DBT MUN US N 2 2051-11-01 Floating 3.13000000 N N N N N N California Infrastructure & Economic Development Bank 549300C1OG9RDIM8ET06 CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE 13034AV49 1340000.00000000 PA USD 1332934.18000000 0.492501191280 Long DBT MUN US N 2 2047-10-01 Floating 3.00000000 N N N N N N Lammersville Joint Unified School District N/A LAMMERSVILLE CA JT UNIF SCH DIST SPL TAX 513533GV5 1335000.00000000 PA USD 1499060.82000000 0.553882742846 Long DBT MUN US N 2 2031-09-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE 13049YEW7 350000.00000000 PA USD 354067.35000000 0.130823107611 Long DBT MUN US N 2 2025-05-15 Fixed 5.00000000 N N N N N N San Francisco Community College District N/A SAN FRANCISCO CA CMNTY CLG DIST 797683JX8 400000.00000000 PA USD 466314.40000000 0.172296877788 Long DBT MUN US N 2 2034-06-15 Fixed 5.00000000 N N N N N N Sacramento Municipal Utility District E3GSVR6ZOU1MX2V7HF33 SACRAMENTO CA MUNI UTILITY DIST ELEC REVENUE 786005ZW1 1255000.00000000 PA USD 1268070.83000000 0.468535058800 Long DBT MUN US N 2 2049-08-15 Floating 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH REVENUE 13048VL71 595000.00000000 PA USD 595461.13000000 0.220014851660 Long DBT MUN US N 2 2028-11-15 Fixed 4.00000000 N N N N N N State of California N/A CALIFORNIA ST 13063DDR6 640000.00000000 PA USD 676933.76000000 0.250117888955 Long DBT MUN US N 2 2027-08-01 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA ST STWD CMNTYS DEVAUTH POLL CONTROL REVENUE 13078HBA9 3500000.00000000 PA USD 3707375.00000000 1.369825030688 Long DBT MUN US N 2 2033-11-01 Fixed 4.50000000 N N N N N N City of Los Angeles Department of Airports N/A LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE 544445R84 5435000.00000000 PA USD 5905801.44000000 2.182113932037 Long DBT MUN US N 2 2033-05-15 Fixed 5.00000000 N N N N N N Chino Basin Regional Financing Authority N/A CHINO BASIN CA REGL FING AUTH 169498FR8 650000.00000000 PA USD 654532.45000000 0.241840907220 Long DBT MUN US N 2 2025-11-01 Fixed 4.00000000 N N N N N N Indio Finance Authority N/A INDIO CA PUBLIC FING AUTH 45571LDE4 425000.00000000 PA USD 465516.53000000 0.172002075590 Long DBT MUN US N 2 2029-11-01 Fixed 5.00000000 N N N N N N California Housing Finance Agency 549300BOPCVLBA552Z14 CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE 13034DAC8 3875000.00000000 PA USD 3998666.75000000 1.477453401269 Long DBT MUN US N 2 2054-05-01 Floating 5.00000000 N N N N N N San Francisco City & County Airport Comm-San Francisco International Airport 54930055TIDYHNDP4F84 SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV 79766DWL9 2000000.00000000 PA USD 2222330.00000000 0.821120944185 Long DBT MUN US N 2 2034-05-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH REVENUE 13048VL89 2990000.00000000 PA USD 2995776.68000000 1.106899054618 Long DBT MUN US N 2 2028-11-15 Fixed 3.75000000 N N N N N N City of San Jose CA 549300QHIHSH68W22O38 SAN JOSE CA MF HSG REVENUE 798165LF1 2000000.00000000 PA USD 2056386.00000000 0.759806875634 Long DBT MUN US N 2 2027-06-01 Floating 5.00000000 N N N N N N Moreno Valley Public Financing Authority N/A MORENO VLY CA PUBLIC FING AUTH 61685PCP1 1455000.00000000 PA USD 1463127.63000000 0.540605914067 Long DBT MUN US N 2 2024-11-01 Fixed 5.00000000 N N N N N N City of Victorville CA Electric Revenue N/A VICTORVILLE CALIF ELEC REV 92642CAJ3 325000.00000000 PA USD 363491.38000000 0.134305159516 Long DBT MUN US N 2 2030-05-01 Fixed 5.00000000 N N N N N N Calipatria Unified School District N/A CALIPATRIA CA UNIF SCH DIST 130861BX4 665000.00000000 PA USD 630625.49000000 0.233007608130 Long DBT MUN US N 2 2025-08-01 None 0.00000000 N N N N N N City of San Mateo CA N/A SAN MATEO CALIF SPL TAX 79901PCQ9 500000.00000000 PA USD 549673.00000000 0.203096755546 Long DBT MUN US N 2 2030-09-01 Fixed 5.00000000 N N N N N N Santa Clara County Financing Authority 549300A73O1Q5POHAT69 SANTA CLARA CNTY CA FING AUTH 801577KY2 1040000.00000000 PA USD 1043475.68000000 0.385550181834 Long DBT MUN US N 2 2032-05-15 Fixed 4.00000000 N N N N N N Vallejo City Unified School District N/A VALLEJO CA CITY UNIF SCH DIST 919261GT8 460000.00000000 PA USD 520608.68000000 0.192357881535 Long DBT MUN US N 2 2032-08-01 Fixed 5.00000000 N N N N N N Santa Cruz County Capital Financing Authority N/A SANTA CRUZ CNTY CA CAPITAL FING AUTH LEASE REVENUE 80181PGN1 400000.00000000 PA USD 408293.60000000 0.150858975191 Long DBT MUN US N 2 2033-06-01 Fixed 4.00000000 N N N N N N Poway Redevelopment Agency Successor Agency N/A POWAY CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION 738798AN7 4665000.00000000 PA USD 4740619.65000000 1.751594985007 Long DBT MUN US N 2 2025-06-15 Fixed 5.00000000 N N N N N N City of Los Angeles Department of Airports N/A LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE 544445BU2 1100000.00000000 PA USD 1119074.00000000 0.413482740859 Long DBT MUN US N 2 2030-05-15 Fixed 5.00000000 N N N N N N Northern California Energy Authority 5493001ZIJGWU7HYLH34 NRTHRN CA ENERGY AUTH COMMODITY SPLY REVENUE 664840AD7 2000000.00000000 PA USD 2000000.00000000 0.738973009575 Long DBT MUN US N 2 2049-07-01 Floating 4.00000000 N N N N N N Elk Grove Finance Authority N/A ELK GROVE CA FIN AUTH SPL TAX REVENUE 287254CS3 750000.00000000 PA USD 763263.75000000 0.282015655218 Long DBT MUN US N 2 2025-09-01 Fixed 5.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13032UMZ8 770000.00000000 PA USD 791556.15000000 0.292469315206 Long DBT MUN US N 2 2033-08-15 Fixed 5.00000000 N N N N N N Guam Government Waterworks Authority N/A GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE 40065FCT9 375000.00000000 PA USD 390003.75000000 0.144101122441 Long DBT MUN US N 2 2027-07-01 Fixed 5.00000000 N N N N N N City of San Mateo CA N/A SAN MATEO CALIF SPL TAX 79901PCM8 265000.00000000 PA USD 278431.00000000 0.102876497014 Long DBT MUN US N 2 2027-09-01 Fixed 5.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13032UJ82 1500000.00000000 PA USD 1493604.00000000 0.551866521497 Long DBT MUN US N 2 2027-11-15 Fixed 3.85000000 N N N N N N Norman Y Mineta San Jose International Airport SJC N/A SAN JOSE CA ARPT REVENUE 798136VD6 1575000.00000000 PA USD 1588031.55000000 0.586756226902 Long DBT MUN US N 2 2025-03-01 Fixed 5.00000000 N N N N N N San Francisco Community College District N/A SAN FRANCISCO CA CMNTY CLG DIST 797683JW0 750000.00000000 PA USD 863327.25000000 0.318987768090 Long DBT MUN US N 2 2033-06-15 Fixed 5.00000000 N N N N N N San Diego Unified School District/CA N/A SAN DIEGO CA UNIF SCH DIST 797355X82 3000000.00000000 PA USD 3000420.00000000 1.108614698695 Long DBT MUN US N 2 2024-07-01 Fixed 5.00000000 N N N N N N Stockton Redevelopment Agency Successor Agency N/A STOCKTON CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION 861403AB9 1155000.00000000 PA USD 1176264.71000000 0.434613936403 Long DBT MUN US N 2 2025-09-01 Fixed 5.00000000 N N N N N N San Marcos Redevelopment Agency Successor Agency N/A SAN MARCOS CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION 79876CAT5 1000000.00000000 PA USD 1015738.00000000 0.375301483400 Long DBT MUN US N 2 2033-10-01 Fixed 5.00000000 N N N N N N Los Angeles Department of Water & Power 549300S8NXV6YU61GG95 LOS ANGELES CA DEPT WTR & PWR REVENUE 544495M68 1500000.00000000 PA USD 1508568.00000000 0.557395517555 Long DBT MUN US N 2 2034-07-01 Fixed 5.00000000 N N N N N N Riverside County Redevelopment Successor Agency N/A RIVERSIDE CNTY CA REDEV SUCCESSOR AGY TAX ALLOCATION 76913AGS6 750000.00000000 PA USD 761649.00000000 0.281419026885 Long DBT MUN US N 2 2030-10-01 Fixed 5.00000000 N N N N N N Norman Y Mineta San Jose International Airport SJC N/A SAN JOSE CA ARPT REVENUE 798136VG9 1000000.00000000 PA USD 1028148.00000000 0.379886810924 Long DBT MUN US N 2 2028-03-01 Fixed 5.00000000 N N N N N N California Community Choice Financing Authority 549300X8VKJ215S2R571 CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE 13013JAP1 4500000.00000000 PA USD 4480699.50000000 1.655557997260 Long DBT MUN US N 2 2052-02-01 Floating 4.00000000 N N N N N N California Community Choice Financing Authority 549300X8VKJ215S2R571 CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE 13013JCM6 5000000.00000000 PA USD 5262330.00000000 1.944359918741 Long DBT MUN US N 2 2054-01-01 Floating 5.25000000 N N N N N N Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue 54930051IHTXE1N9RB42 LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX REVENUE 54466HAT3 1200000.00000000 PA USD 1200140.40000000 0.443435681650 Long DBT MUN US N 2 2033-07-01 Fixed 4.00000000 N N N N N N Indio Finance Authority N/A INDIO CA PUBLIC FING AUTH 45571LDH7 350000.00000000 PA USD 398225.80000000 0.147139058958 Long DBT MUN US N 2 2032-11-01 Fixed 5.00000000 N N N N N N Ventura County Public Financing Authority N/A VENTURA CNTY CA PUBLIC FING AUTH LEASE REVENUE 923078BQ1 1060000.00000000 PA USD 1060797.12000000 0.391950220157 Long DBT MUN US N 2 2024-11-01 Fixed 5.00000000 N N N N N N California Municipal Finance Authority 5493000UQOV6R4ZWS346 CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE 130483GR5 1000000.00000000 PA USD 1000965.00000000 0.369843059265 Long DBT MUN US N 2 2028-06-01 Floating 3.75000000 N N N N N N Stockton Public Financing Authority N/A STOCKTON CA PUBLIC FING AUTH WTR REVENUE 861398BQ7 415000.00000000 PA USD 423461.85000000 0.156463438867 Long DBT MUN US N 2 2025-10-01 Fixed 5.00000000 N N N N N N Los Angeles Community College District/CA N/A LOS ANGELES CA CMNTY CLG DIST 54438CD33 3000000.00000000 PA USD 3560748.00000000 1.315648332950 Long DBT MUN US N 2 2034-08-01 Fixed 5.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13032UYT9 3000000.00000000 PA USD 2969505.00000000 1.097192023400 Long DBT MUN US N 2 2054-08-15 Floating 3.00000000 N N N N N N Deutsche Bank Spears/Lifers Trust N/A DEUTSCHE BK SPEARS/LIFERS TR VAR STS 25156SDQ7 2600000.00000000 PA USD 2600000.00000000 0.960664912448 Long DBT MUN US N 2 2060-04-01 Floating 5.10000000 N N N N N N Tustin Unified School District N/A TUSTIN CA UNIF SCH DIST 901073GJ9 450000.00000000 PA USD 452603.70000000 0.167230959167 Long DBT MUN US N 2 2031-09-01 Fixed 5.00000000 N N N N N N City of Victorville CA Electric Revenue N/A VICTORVILLE CALIF ELEC REV 92642CAL8 300000.00000000 PA USD 345493.50000000 0.127655185741 Long DBT MUN US N 2 2032-05-01 Fixed 5.00000000 N N N N N N Hesperia Community Redevelopment Agency Successor Agency N/A HESPERIA CA CMNTY REDEV AGY SUCCESSOR AGY TAX ALLOCATION 42806KAE3 500000.00000000 PA USD 532665.50000000 0.196812713816 Long DBT MUN US N 2 2030-09-01 Fixed 5.00000000 N N N N N N San Diego County Regional Airport Authority N/A SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE 79739GJY3 1530000.00000000 PA USD 1630621.98000000 0.602492816020 Long DBT MUN US N 2 2031-07-01 Fixed 5.00000000 N N N N N N Fremont Union High School District N/A FREMONT CA UNION HIGH SCH DIST SANTA CLARA CNTY 357172K53 500000.00000000 PA USD 510547.50000000 0.188640411303 Long DBT MUN US N 2 2025-08-01 Fixed 5.00000000 N N N N N N San Mateo County Transit District 549300U6SCSE62UXKI22 SAN MATEO CNTY CA TRANSIT DIST 799054HB0 1000000.00000000 PA USD 1014163.00000000 0.374719542155 Long DBT MUN US N 2 2029-06-01 Fixed 5.00000000 N N N N N N 2024-07-26 THORNBURG INVESTMENT TRUST Christopher Luckham Christopher Luckham Manager - Fund Admin XXXX NPORT-EX 2 NPORT_9P01_14124578_0624.htm
SCHEDULE OF INVESTMENTS
Thornburg California Limited Term Municipal Fund June 30, 2024 (Unaudited)
ISSUER-DESCRIPTION PRINCIPAL
AMOUNT 		VALUE
  LONG-TERM MUNICIPAL BONDS — 98.1%    
  Apple Valley Public Financing Authority (BAM), Series A, 4.00% due 6/1/2028 $  460,000 $    472,899
  Bay Area Toll Authority (San Francisco Bay Area Toll Bridge),    
a Series A, 2.95% due 4/1/2047 (put 4/1/2026) 5,465,000    5,376,063
a Series E, 4.29% (MUNIPSA + 0.41%) due 4/1/2056 (put 4/1/2028) 1,000,000      977,549
  Burbank-Glendale-Pasadena Airport Authority Brick Campaign AMT, Series B, 5.00% due 7/1/2034 1,000,000    1,106,939
  California (Cedars-Sinai Medical Center Obligated Group) HFFA, Series A, 5.00% due 8/15/2033 1,000,000    1,029,933
  California (Children’s Hospital Los Angeles) HFFA, Series A, 5.00% due 8/15/2033    770,000      791,556
  California (Episcopal Communities & Services for Seniors Obligated Group) HFFA, Series A, 3.85% due 11/15/2027 1,500,000    1,493,604
a California (Kaiser Foundation Hospitals) HFFA, Series C, 5.00% due 6/1/2041 (put 11/1/2029) 4,075,000    4,410,218
  California (Providence St. Joseph Health Obligated Group) HFFA,    
a Series B, 5.00% due 10/1/2039 (put 10/1/2027)    460,000      475,650
a Series B-2, 4.00% due 10/1/2036 (put 10/1/2024)    930,000      929,294
  California (St. Joseph Health System) HFFA, Series A, 5.00% due 7/1/2024 1,000,000    1,000,078
  California (Stanford Health Care Obligated Group) HFFA,    
  Series A,                      
a 3.00% due 8/15/2054 (put 8/15/2025) 3,000,000    2,969,505
  5.00% due 8/15/2033 1,500,000    1,742,670
a California Community Choice Financing Authority (Guaranty: Deutsche Bank AG) (Green Bond), Series C, 5.25% due 1/1/2054 (put 10/1/2031) 5,000,000    5,262,330
  California Community Choice Financing Authority (Guaranty: Goldman Sachs Group, Inc.) (Green Bond),    
a Series A, 4.00% due 10/1/2052 (put 12/1/2027) 2,440,000    2,444,026
a Series A-1, 5.00% due 12/1/2053 (put 8/1/2029)    500,000      523,704
a Series G, 5.25% due 11/1/2054 (put 4/1/2030) 3,000,000    3,194,988
  California Community Choice Financing Authority (Guaranty: Morgan Stanley Group) (Green Bond),    
a Series B-1, 4.00% due 2/1/2052 (put 8/1/2031) 4,500,000    4,480,699
a Series E-1, 5.00% due 2/1/2054 (put 3/1/2031) 7,000,000    7,392,910
  California Educational Facilities Authority (Art Center College of Design), Series A, 5.00% due 12/1/2033    375,000      404,536
a California Housing Finance Agency (Del Sur Family Housing LP), Series V, 5.00% due 5/1/2054 (put 11/1/2026) 3,875,000    3,998,667
a California Housing Finance Agency (FHA), Series A-2, 3.60% due 8/1/2063 (put 8/1/2026) 2,500,000    2,499,250
a,b California Infrastructure & Economic Development Bank (DesertXpress Enterprises LLC) AMT, Series A, 3.95% due 1/1/2050 (put 1/30/2025) 1,000,000    1,000,040
a California Infrastructure & Economic Development Bank (J Paul Getty Trust), Series B-2, 3.00% due 10/1/2047 (put 10/1/2026) 1,390,000    1,382,671
  California Municipal Finance Authority (Aldersly) (California Mtg Insurance),    
  Series B,                      
  3.75% due 11/15/2028 2,990,000    2,995,777
  4.00% due 11/15/2028    595,000      595,461
  California Municipal Finance Authority (Ararat Home of Los Angeles, Inc.) (California Mtg Insurance), 5.00% due 5/15/2033 - 5/15/2034    200,000      219,391
  California Municipal Finance Authority (Biola University), 5.00% due 10/1/2027    430,000      443,057
  California Municipal Finance Authority (CHF-Davis II LLC) (BAM), 5.00% due 5/15/2028 2,100,000    2,200,867
  California Municipal Finance Authority (CHF-Davis II LLC) (BAM) (Green Bond),    
  4.00% due 5/15/2032    600,000      616,757
  5.00% due 5/15/2025 - 5/15/2031 2,295,000    2,440,779
  California Municipal Finance Authority (Congregational Homes, Inc. Obligated Group), Series B-1, 2.75% due 11/15/2027    405,000      400,643
  California Municipal Finance Authority (Palomar Health Obligated Group) (AGM) COP, Series A, 5.00% due 11/1/2027 - 11/1/2032    500,000      555,574
  California Municipal Finance Authority (Republic Services, Inc.) AMT,    
  Series A,                      
a 3.875% due 3/1/2054 (put 3/1/2034) 2,000,000    1,965,080
a 4.00% due 7/1/2041 (put 10/1/2024) 2,000,000    2,000,000
a 4.375% due 9/1/2053 (put 9/1/2033) 3,000,000    3,014,865
a Series B, 4.00% due 7/1/2051 (put 7/15/2024) 3,000,000    2,999,967
a California Municipal Finance Authority (Roseville Affordable LP), Series B, 3.75% due 6/1/2028 (put 6/1/2027) 1,000,000    1,000,965
  California Municipal Finance Authority (Waste Management, Inc.; Guaranty: Waste Management Holdings) AMT,    
a Series A, 4.125% due 10/1/2041 (put 10/1/2025)    750,000      748,460
a Series B, 4.80% due 11/1/2041 (put 6/2/2025) 1,000,000    1,003,264
  California Pollution Control Financing Authority (Guaranty: Waste Management, Inc.) AMT, Series A1, 3.375% due 7/1/2025 2,000,000    1,986,518
a,b California Pollution Control Financing Authority (Republic Services, Inc.) AMT, 4.125% due 7/1/2043 (put 8/15/2024) 3,000,000    3,001,116
a California Pollution Control Financing Authority (Waste Management, Inc.) AMT, Series A, 4.25% due 11/1/2038 (put 7/2/2029) 3,000,000    2,994,214
  California State Public Works Board, Series C, 5.00% due 9/1/2033 1,500,000    1,732,629
  California State Public Works Board (Correctional & Rehabilitation Facilities), Series A, 5.00% due 9/1/2024 3,580,000    3,589,630
a California State University, Series B-3, 3.125% due 11/1/2051 (put 11/1/2026) 4,200,000    4,152,288
  California Statewide Communities Development Authority (CHF-Irvine LLC), 5.00% due 5/15/2027    500,000      508,410
  California Statewide Communities Development Authority (CHF-Irvine LLC) (BAM), 5.00% due 5/15/2032 2,420,000    2,668,510
a California Statewide Communities Development Authority (Kaiser Foundation Hospitals), Series 2004-M-R, 5.00% due 4/1/2038 (put 11/1/2029) 2,815,000    3,045,149
  California Statewide Communities Development Authority (Methodist Hospital of Southern California Obligated Group), 5.00% due 1/1/2031    200,000      211,532
  California Statewide Communities Development Authority (Odd Fellows Home of California) (California Mtg Insurance), Series A, 5.00% due 4/1/2026 - 4/1/2033 2,345,000   2,550,085
SCHEDULE OF INVESTMENTS, Continued
Thornburg California Limited Term Municipal Fund June 30, 2024 (Unaudited)
ISSUER-DESCRIPTION PRINCIPAL
AMOUNT 		VALUE
  California Statewide Communities Development Authority (Southern California Edison Co.),    
  Series A, 1.75% due 9/1/2029 $2,500,000 $  2,152,170
  Series D, 4.50% due 11/1/2033 3,500,000    3,707,375
  Calipatria (Educational Facilities) (BAM) USD GO, Series B, Zero Coupon due 8/1/2025    665,000      630,625
  Chino Basin Regional Financing Authority, Series B, 4.00% due 11/1/2025    650,000      654,532
  City of Chula Vista (Police Facility Project) COP, 5.00% due 10/1/2024 1,700,000    1,707,041
  City of Chula Vista Redevelopment Successor Agency (AGM), 5.00% due 10/1/2032 1,070,000    1,101,977
  City of Colton Redevelopment Successor Agency (Multiple Redevelopment Project Areas) (BAM), 5.00% due 8/1/2025    950,000      966,862
  City of Fresno (Fresno Airport Revenue) (BAM) AMT, Series A, 5.00% due 7/1/2030 - 7/1/2033 3,255,000    3,466,041
  City of Los Angeles Department of Airports AMT,    
  Series B, 5.00% due 5/15/2030 - 5/15/2032 4,600,000    4,771,677
  Series C, 5.00% due 5/15/2031    400,000      413,363
  Series D, 5.00% due 5/15/2033 5,435,000    5,905,801
  City of Rialto Redevelopment Agency (Merged Project Area) (BAM), Series A, 5.00% due 9/1/2024    500,000      501,383
a City of San Jose (Allied 1510 Parkmoor LP) (HUD), Series F-2, 5.00% due 6/1/2027 (put 6/1/2026) 2,000,000    2,056,386
  City of San Mateo (San Mateo Community Facilities District No. 2008-1) (BAM), 5.00% due 9/1/2027 - 9/1/2032 3,915,000    4,329,127
  City of Stockton Redevelopment Successor Agency (Redevelopment of Midtown, North & South Stockton & Waterfront Areas) (AGM), Series A, 5.00% due 9/1/2025 1,155,000    1,176,265
  City of Victorville Electric Revenue, Series A, 5.00% due 5/1/2028 - 5/1/2032 1,090,000    1,218,036
  Commerce CDC Successor Agency (Multiple Redevelopment Project Areas) (AGM), Series A, 5.00% due 8/1/2027 1,760,000    1,811,153
  County of Sacramento CA Airport System Revenue AMT, Series C, 5.00% due 7/1/2027 1,925,000    2,000,088
a,b Deutsche Bank Spears/Lifers Trust (LOC Deutsche Bank AG), Series 2024-8135, 5.10% due 4/1/2060 (put 7/1/2024) 2,600,000    2,600,000
  Elk Grove Finance Authority (Poppy Ridge CFD No. 2003-1 & East Franklin CFD No. 2002-1), 5.00% due 9/1/2025    750,000      763,264
  Fremont Union High School District GO, 5.00% due 8/1/2025    500,000      510,547
  Guam Power Authority (Electric Power System), Series A, 5.00% due 10/1/2027 1,230,000    1,264,732
  Guam Waterworks Authority (Water & Wastewater System), 5.00% due 7/1/2025 - 7/1/2027 1,225,000    1,250,884
  Hacienda La Puente (Educational Facilities) (AGM) USD COP, Series C, 5.00% due 6/1/2025 1,300,000    1,321,077
  Hesperia Community Redevelopment Successor Agency (AGM), Series A, 5.00% due 9/1/2030    500,000      532,665
  Indian Wells Redevelopment Successor Agency (NPFG), Series A, 5.00% due 9/1/2029    500,000      515,236
  Indio Finance Authority (BAM), Series A, 5.00% due 11/1/2028 - 11/1/2032 1,815,000    2,015,417
  Jurupa Public Financing Authority (AGM), 5.00% due 9/1/2030 - 9/1/2033 3,785,000    4,299,936
  Lammersville Joint (BAM) USD, 5.00% due 9/1/2028 - 9/1/2032 4,055,000    4,522,021
  Lodi Public Financing Authority (Lodi Electric System Revenue) (AGM), 5.00% due 9/1/2031 1,405,000    1,500,696
  Los Angeles Community College District GO, 5.00% due 8/1/2026 - 8/1/2034 6,000,000    6,679,575
a Los Angeles County Development Authority (2111 Firestone LP) (HUD), Series E, 5.00% due 7/1/2043 (put 7/1/2026) 2,605,000    2,672,407
a Los Angeles County Development Authority (Century Wlava 2 LP) (HUD), Series C, 3.75% due 12/1/2046 (put 12/1/2026) 2,500,000    2,466,487
a Los Angeles County Development Authority (VA Building 402 LP) (HUD), Series F, 3.375% due 1/1/2046 (put 7/1/2026) 3,855,000    3,835,818
  Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue, Series A, 4.00% due 7/1/2033 1,200,000    1,200,140
  Los Angeles Department of Water & Power,    
  Series A, 5.00% due 7/1/2033 - 7/1/2034 2,500,000    2,514,631
  Series B, 5.00% due 7/1/2033 1,050,000    1,092,958
  Los Angeles Housing Authority (FNMA), Series A, 3.75% due 4/1/2034 3,000,000    3,007,275
  Los Angeles USD COP, Series A, 5.00% due 10/1/2033 3,000,000    3,468,390
  Los Angeles USD GO, Series A, 5.00% due 7/1/2024 - 7/1/2034 5,100,000    5,191,283
  Moreno Valley Public Financing Authority (Public Improvements), 5.00% due 11/1/2024 1,455,000    1,463,128
  Municipal Improvement Corp. (Los Angeles), Series B, 4.00% due 11/1/2033 1,225,000    1,252,378
  Norman Y Mineta San Jose International Airport SJC AMT, Series A, 5.00% due 3/1/2025 - 3/1/2028 2,575,000    2,616,180
a Northern California Energy Authority (Commodity Supply Revenue; Guaranty: Goldman Sachs Group, Inc.), Series A, 4.00% due 7/1/2049 (put 7/1/2024) 2,000,000    2,000,000
a Northern California Energy Authority (Guaranty: Paclife Life Insurance Co.), Series A-1, 5.00% due 12/1/2054 (put 8/1/2030) 1,000,000    1,068,585
  Oakland (County of Alameda Educational Facilities) USD GO, Series A, 5.00% due 8/1/2025 1,300,000    1,324,453
  Peralta Community College District GO, 5.00% due 8/1/2031 - 8/1/2033 2,065,000    2,371,513
  Pittsburg Redevelopment Successor Agency (AGM), Series A, 5.00% due 9/1/2024 - 9/1/2029 3,735,000    3,787,114
  Poway Redevelopment Successor Agency (Paguay Redevelopment Project), Series A, 5.00% due 6/15/2025 4,665,000    4,740,620
  Rancho Cucamonga Redevelopment Project Successor Agency (Rancho Redevelopment Project Area) (AGM), 5.00% due 9/1/2024 2,000,000    2,005,532
  Rancho Santa Fe Community Services District Financing Authority, Series A, 5.00% due 9/1/2025 1,745,000    1,775,860
  Richmond County Redevelopment Successor Agency (Joint Powers Financing Authority & Harbour Redevelopment Project) (BAM), Series A, 5.00% due 9/1/2024    450,000      451,100
  Riverside County Public Financing Authority (Capital Facilities Project) ETM, 5.00% due 11/1/2025 1,000,000    1,022,398
  Riverside County Redevelopment Successor Agency (AGM), Series B, 5.00% due 10/1/2030    500,000      507,756
  Riverside County Redevelopment Successor Agency (BAM), Series B, 5.00% due 10/1/2030    750,000      761,649
  Rosemead CDC Successor Agency (Rosemead Merged Project Area) (BAM), 5.00% due 10/1/2024 - 10/1/2026 1,770,000    1,807,111
  Sacramento City Schools Joint Power Financing Authority (Sacramento City USD Educational Facility Sublease) (BAM), Series A, 5.00% due 3/1/2025 2,175,000    2,176,057
a Sacramento Municipal Utility District, Series B, 5.00% due 8/15/2049 (put 10/15/2025) 1,255,000    1,268,071
  San Diego (Educational System Capital Projects) USD GO, Series R-3, 5.00% due 7/1/2024 3,000,000    3,000,420
  San Diego County Regional Airport Authority, Series A, 5.00% due 7/1/2033   500,000      543,794
SCHEDULE OF INVESTMENTS, Continued
Thornburg California Limited Term Municipal Fund June 30, 2024 (Unaudited)
ISSUER-DESCRIPTION PRINCIPAL
AMOUNT 		VALUE
  San Diego County Regional Airport Authority AMT,    
  Series B, 5.00% due 7/1/2030 - 7/1/2033 $5,380,000 $  5,815,526
  Series C, 5.00% due 7/1/2031 - 7/1/2033 2,560,000    2,723,907
  San Francisco City & County Airport Comm-San Francisco International Airport AMT, Series A, 5.00% due 5/1/2032 - 5/1/2034 5,000,000    5,450,198
  San Francisco Community College District (BAM) GO, Series B, 5.00% due 6/15/2033 - 6/15/2034 1,150,000    1,329,641
  San Marcos Redevelopment Successor Agency, Series A, 5.00% due 10/1/2033 1,000,000    1,015,738
  San Mateo County Transit District Sales Tax Revenue, Series A, 5.00% due 6/1/2029 1,000,000    1,014,163
  Santa Clara County Financing Authority, Series Q, 4.00% due 5/15/2032 1,040,000    1,043,476
  Santa Clara County Financing Authority (Multiple Facilities Projects), Series P, 5.00% due 5/15/2025 2,255,000    2,291,251
  Santa Cruz County Capital Financing Authority, Series A-1, 4.00% due 6/1/2029 - 6/1/2034 2,685,000    2,749,880
  Santa Margarita Water District (Talega Community Facilities), Series A, 5.00% due 9/1/2027    350,000      367,888
  State of California GO,    
  4.00% due 9/1/2034 1,000,000    1,008,044
  5.00% due 8/1/2027 - 8/1/2033 2,640,000    2,777,372
  Stockton Public Financing Authority (Stockton Water Revenue) (BAM) (Green Bond), Series A, 5.00% due 10/1/2024 - 10/1/2027 2,130,000    2,203,695
  Torrance USD GO, 4.25% due 8/1/2033 1,320,000    1,345,476
  Tustin (Community Facilities District No. 97-1) USD, Series A, 5.00% due 9/1/2031    450,000      452,604
  Vallejo City (BAM) USD GO, 5.00% due 8/1/2032    460,000      520,609
  Ventura County Public Financing Authority (Office Building Purchase & Improvements), Series B, 5.00% due 11/1/2024 1,060,000   1,060,797
  TOTAL LONG-TERM MUNICIPAL BONDS — 98.1% (Cost $264,325,287)           $265,910,092
  SHORT-TERM MUNICIPAL BONDS — 1.8%    
a Los Angeles Department of Water & Power (SPA Barclays Bank plc), Series B-3, 4.55% due 7/1/2034 (put 7/1/2024) 3,300,000   3,300,000
a Regents of the University of California Medical Center Pooled Revenue, Series B-1, 4.65% due 5/15/2032 (put 7/1/2024) 1,500,000   1,500,000
  TOTAL SHORT-TERM MUNICIPAL BONDS — 1.8% (Cost $4,800,000)             $4,800,000
  Total Investments — 99.9% (Cost $269,125,287)   $270,710,092
  Other Assets Less Liabilities — 0.1%   222,294
  Net Assets — 100.0%   $270,932,386
    
Footnote Legend
a Variable, floating, step, or fixed to floating rate securities are securities for which interest rate changes are based on changes in a designated base rate or on a predetermined schedule. The rates shown are those in effect on June 30, 2024.
b Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are restricted but liquid and may only be resold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. As of June 30, 2024, the aggregate value of these securities in the Fund’s portfolio was $6,601,156, representing 2.44% of the Fund’s net assets.
Portfolio Abbreviations
To simplify the listings of securities, abbreviations are used per the table below:
AGM Insured by Assured Guaranty Municipal Corp.
AMT Alternative Minimum Tax
BAM Insured by Build America Mutual Insurance Co.
CDC Community Development Commission
COP Certificates of Participation
ETM Escrowed to Maturity
FHA Insured by Federal Housing Administration
FNMA Collateralized by Federal National Mortgage Association
GO General Obligation
HFFA Health Facilities Financing Authority
HUD Insured by Housing and Urban Development
LOC Letter of Credit
Mtg Mortgage
MUNIPSA Securities Industry and Financial Markets Association (SIFMA) Municipal Swap Index
NPFG Insured by National Public Finance Guarantee Corp.
SPA Stand-by Purchase Agreement
USD Unified School District
VA Veterans Affairs
NOTES TO SCHEDULE OF INVESTMENTS
Thornburg California Limited Term Municipal Fund June 30, 2024 (Unaudited)
NOTE 1 – ORGANIZATION
Thornburg California Limited Term Municipal Fund (the “Fund”) is a diversified series of Thornburg Investment Trust (the “Trust”). The Trust is organized as a Massachusetts business trust under a Declaration of Trust dated June 3, 1987 and is registered as a diversified, open-end management investment company under the Investment Company Act of 1940, as amended (the "1940 Act"). The Fund is currently one of twenty-four separate series of the Trust. Each series is considered to be a separate entity for financial reporting and tax purposes. The Fund currently offers four classes of shares of beneficial interest: Class A, Class C, Class C2 and Institutional Class (“Class I”).
NOTE 2 – SECURITY VALUATION
Valuation of the Fund’s portfolio investment securities is performed by Thornburg Investment Management, Inc., the Trust’s investment advisor (the "Advisor"), which has been designated by the Trustees of the Trust (the "Trustees") as the Fund’s "valuation designee," as that term is defined in rule 2a-5 under the 1940 Act. The Advisor performs this valuation function under the supervision of the Trustees and in accordance with policies and procedures that have been adopted by the Advisor and approved by the Trustees (the “Valuation Policy and Procedures”).
In its capacity as the Fund’s valuation designee, the Advisor makes good faith determinations of the fair value of portfolio securities for which market quotations are not readily available, and otherwise complies with and administers the Valuation Policy and Procedures. The Advisor performs those functions in significant measure through its Valuation and Pricing Committee (the “Committee”), though the Advisor may also obtain the assistance of others, including professional pricing service providers selected and approved by the Committee. In accordance with the Valuation Policy and Procedures, the Committee: assesses and manages the material risks associated with determining the fair value of those Fund investments for which market quotations are not readily available; selects and applies methodologies for determining and calculating such fair values; periodically reviews and tests the appropriateness and accuracy of those methodologies; monitors for circumstances that may necessitate the use of fair value; and approves, monitors, and evaluates pricing services engaged to provide evaluated prices for the Fund’s investments. The Committee provides reports on its activities to the Trustees’ Audit Committee, which is responsible for overseeing the Committee’s and the Advisor’s work in discharging the functions under the Valuation Policy and Procedures.
In those instances when the Committee assists in calculating a fair value for a portfolio investment, the Committee seeks to determine the price that the Fund would reasonably expect to receive upon a sale of the investment in an orderly transaction between market participants on the valuation date. The Committee customarily utilizes quotations from securities broker dealers in calculating valuations, but also may utilize prices obtained from pricing service providers or other methods selected by the Committee. Because fair values calculated by the Committee are estimates, the calculation of a fair value for an investment may differ from the price that would be realized by the Fund upon a sale of the investment, and the difference could be material to the Fund’s financial statements. The Committee’s calculation of a fair value for an investment may also differ from the prices obtained by other persons (including other mutual funds) for the investment.
Valuation of Securities: Debt obligations held by the Fund which are not listed or traded on exchanges or for which no reported market exists are ordinarily valued at the valuation obtained from a pricing service provider approved by the Committee.
In any case when a pricing service provider fails to provide a valuation for a debt obligation held by the Fund, the Committee may calculate a fair value for the obligation using alternative methods selected and approved by the Committee. Additionally, in cases when the Committee believes that a valuation obtained from a pricing service provider is stale, does not reflect material factors affecting the valuation of the investment, is significantly different than the value the Fund is likely to obtain if it sought a bid for the investment, or is otherwise unreliable, the Committee may calculate a fair value for the obligation using an alternative method selected and approved by the Committee.