Thornburg Limited Term Municipal Fund (LTMFX) Alternatives
Thornburg Limited Term Municipal Fund (LTMFX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LTMFX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to LTMFX
LTMFX charges 0.71% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among LTMFX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | LTMFX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | May 30, 2007 | LTMFX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | Feb 2, 2021 | LTMFX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | Jun 24, 2021 | LTMFX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | Jul 11, 2019 | LTMFX vs FMBIX |
Best Risk-Adjusted Alternatives to LTMFX
Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | Dec 4, 2002 | LTMFX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | LTMFX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | LTMFX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | LTMFX vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | LTMFX vs USMTX |
Top Performing LTMFX Alternatives (YTD)
LTMFX alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 6.43% | Apr 20, 1998 | LTMFX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 4.12% | Mar 18, 1993 | LTMFX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 3.25% | Nov 21, 2002 | LTMFX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 2.55% | Oct 30, 1992 | LTMFX vs MIY | |
| Nuveen Pennsylvania Quality Municipal Income | 2.31% | Feb 21, 1991 | LTMFX vs NQP |
Lowest Volatility Alternatives to LTMFX
LTMFX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.68% | Aug 19, 2002 | LTMFX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | LTMFX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | LTMFX vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | LTMFX vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | LTMFX vs BATVX |
Lowest Drawdown Alternatives to LTMFX
LTMFX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | May 20, 2021 | LTMFX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | LTMFX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | LTMFX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | LTMFX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | LTMFX vs FHMIX |
Other Mutual Funds from Thornburg
Most popular Thornburg mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | Global Allocation | 98 | 7.98% | Dec 23, 2002 | LTMFX vs TIBAX | |
| Thornburg Investment Income Builder Fund Class I | Diversified Portfolio | 98 | 8.00% | Dec 24, 2002 | LTMFX vs TIBIX | |
| Thornburg International Equity Fund | Foreign Large Cap Equities | 79 | 0.56% | May 28, 1998 | LTMFX vs TGVAX | |
| Thornburg Strategic Income Fund | Multisector Bonds | 85 | -0.55% | Dec 18, 2007 | LTMFX vs TSIIX | |
| Thornburg Better World International Fund | Foreign Large Cap Equities | 31 | -5.82% | Sep 30, 2015 | LTMFX vs TBWIX | |
| Thornburg Global Opportunities Fund | Foreign Large Cap Equities | 94 | 1.01% | Jul 28, 2006 | LTMFX vs THOIX | |
| Thornburg Strategic Municipal Income Fund | Municipal Bonds | 47 | -0.52% | Mar 31, 2009 | LTMFX vs TSSIX | |
| Thornburg Intermediate Municipal Fund | Municipal Bonds | 59 | -0.45% | Jul 21, 1991 | LTMFX vs THIMX | |
| Thornburg International Growth Fund | Foreign Large Cap Equities | 9 | -6.59% | Jan 31, 2007 | LTMFX vs TINGX | |
| Thornburg Small/Mid Cap Core Fund | Large Cap Blend Equities | 22 | 0.18% | Oct 2, 1995 | LTMFX vs TVAFX |
Often Compared With LTMFX
What investors most often compare with LTMFX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares Short Maturity Municipal Bond ETF | Municipal Bonds, Actively Managed | 97 | 0.47% | Mar 3, 2015 | LTMFX vs MEAR | |
| Metropolitan West Total Return Bond Fund Class I | Total Bond Market | 45 | -0.48% | — | LTMFX vs MWTIX | |
| Fidelity Conservative Income Municipal Bond Fund I... | Municipal Bonds | 99 | 0.30% | Oct 15, 2013 | LTMFX vs FMNDX | |
| Thornburg Developing World Fund | Emerging Markets Diversified | 81 | 0.07% | Dec 15, 2009 | LTMFX vs THDIX | |
| Thornburg International Equity I | Foreign Large Cap Equities | 78 | 0.62% | Mar 30, 2001 | LTMFX vs TGVIX | |
| Blackrock 2037 Municipal Target Term Trust | Municipal Bonds | 27 | 0.14% | Oct 28, 2022 | LTMFX vs BMN | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 48 | -0.10% | Dec 27, 2017 | LTMFX vs FGNSX | |
| DFA Municipal Real Return Portfolio | Municipal Bonds | 94 | 1.10% | Nov 3, 2014 | LTMFX vs DMREX | |
| DFA California Municipal Real Return Portfolio | Municipal Bonds | 94 | 1.09% | Oct 31, 2017 | LTMFX vs DCARX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 28 | -0.72% | Jun 24, 2012 | LTMFX vs FXIEX |
Compare LTMFX with Any Fund or Stock
Compare LTMFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.