LTMFX vs. MWTIX
Compare and contrast key facts about Thornburg Limited Term Municipal Fund (LTMFX) and Metropolitan West Total Return Bond Fund Class I (MWTIX).
LTMFX is managed by Thornburg. It was launched on Sep 27, 1984. MWTIX is managed by Metropolitan West Funds.
Performance
LTMFX vs. MWTIX - Performance Comparison
Loading graphics...
LTMFX vs. MWTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LTMFX Thornburg Limited Term Municipal Fund | -0.28% | 5.74% | 1.84% | 3.83% | -5.27% | -0.18% | 2.97% | 3.81% | 1.00% | 2.29% |
MWTIX Metropolitan West Total Return Bond Fund Class I | -0.48% | 7.51% | 0.77% | 6.02% | -15.49% | -1.32% | 9.00% | 9.10% | 0.36% | 3.43% |
Returns By Period
In the year-to-date period, LTMFX achieves a -0.28% return, which is significantly higher than MWTIX's -0.48% return. Over the past 10 years, LTMFX has underperformed MWTIX with an annualized return of 1.37%, while MWTIX has yielded a comparatively higher 1.64% annualized return.
LTMFX
- 1D
- 0.07%
- 1M
- -1.89%
- YTD
- -0.28%
- 6M
- 0.38%
- 1Y
- 3.61%
- 3Y*
- 3.16%
- 5Y*
- 1.12%
- 10Y*
- 1.37%
MWTIX
- 1D
- 0.55%
- 1M
- -2.47%
- YTD
- -0.48%
- 6M
- 0.53%
- 1Y
- 3.79%
- 3Y*
- 3.48%
- 5Y*
- -0.32%
- 10Y*
- 1.64%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LTMFX vs. MWTIX - Expense Ratio Comparison
LTMFX has a 0.71% expense ratio, which is higher than MWTIX's 0.45% expense ratio.
Return for Risk
LTMFX vs. MWTIX — Risk / Return Rank
LTMFX
MWTIX
LTMFX vs. MWTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Limited Term Municipal Fund (LTMFX) and Metropolitan West Total Return Bond Fund Class I (MWTIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| LTMFX | MWTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 0.86 | +0.48 |
Sortino ratioReturn per unit of downside risk | 1.86 | 1.24 | +0.62 |
Omega ratioGain probability vs. loss probability | 1.51 | 1.15 | +0.36 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.57 | -0.08 |
Martin ratioReturn relative to average drawdown | 6.83 | 4.16 | +2.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| LTMFX | MWTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 0.86 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | -0.05 | +0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.31 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.92 | -0.09 |
Correlation
The correlation between LTMFX and MWTIX is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
LTMFX vs. MWTIX - Dividend Comparison
LTMFX's dividend yield for the trailing twelve months is around 3.25%, less than MWTIX's 3.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTMFX Thornburg Limited Term Municipal Fund | 3.25% | 4.28% | 3.60% | 2.11% | 1.62% | 1.27% | 1.54% | 1.78% | 1.83% | 1.64% | 1.57% | 1.56% |
MWTIX Metropolitan West Total Return Bond Fund Class I | 3.64% | 3.89% | 4.38% | 4.11% | 2.08% | 1.12% | 6.48% | 3.61% | 2.91% | 2.14% | 3.35% | 2.94% |
Drawdowns
LTMFX vs. MWTIX - Drawdown Comparison
The maximum LTMFX drawdown since its inception was -8.40%, smaller than the maximum MWTIX drawdown of -20.58%. Use the drawdown chart below to compare losses from any high point for LTMFX and MWTIX.
Loading graphics...
Drawdown Indicators
| LTMFX | MWTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.40% | -20.58% | +12.18% |
Max Drawdown (1Y)Largest decline over 1 year | -2.95% | -3.05% | +0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -8.40% | -20.51% | +12.11% |
Max Drawdown (10Y)Largest decline over 10 years | -8.40% | -20.58% | +12.18% |
Current DrawdownCurrent decline from peak | -1.89% | -4.67% | +2.78% |
Average DrawdownAverage peak-to-trough decline | -1.64% | -2.76% | +1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 1.15% | -0.51% |
Volatility
LTMFX vs. MWTIX - Volatility Comparison
The current volatility for Thornburg Limited Term Municipal Fund (LTMFX) is 0.58%, while Metropolitan West Total Return Bond Fund Class I (MWTIX) has a volatility of 1.80%. This indicates that LTMFX experiences smaller price fluctuations and is considered to be less risky than MWTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LTMFX | MWTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 1.80% | -1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 1.10% | 2.91% | -1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.29% | 4.89% | -1.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.32% | 6.61% | -4.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.26% | 5.30% | -3.04% |