# Portfolio overlap — TLDAX vs THCSX Comparing **Thornburg Ultra Short Income Fund** (2026-03-31) and **Thornburg Core Plus Bond Fund** (2026-03-31). - Shared positions: 35 - Thornburg Ultra Short Income Fund covered by Thornburg Core Plus Bond Fund: 0.06536583027358136263232510553 - Thornburg Core Plus Bond Fund covered by Thornburg Ultra Short Income Fund: 0.06536583027358136263232510553 ## Thornburg Ultra Short Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Thornburg Capital Management Fund | 0.046076 | ✓ | | U.S. Treasury Bills | 0.018724 | | | US TREASURY N/B | 0.011323 | | | US TREASURY N/B | 0.011131 | | | CDW LLC/CDW FIN | 0.009483 | | | US TREASURY N/B | 0.009474 | | | ENERGY TRANSFER | 0.009396 | | | Crown Castle Inc | 0.009393 | | | MFIT 2021-AA A | 0.009345 | | | ALCON FINANCE CO | 0.009334 | | | CRH America Finance Inc | 0.009333 | | | Bell Telephone Co of Canada or Bell Canada/The | 0.009333 | | | HIGHMARK INC SR UNSECURED 144A 05/26 1.45 | 0.009047 | ✓ | | Penske Truck Leasing Co. L.P./ PTL Finance Corp. | 0.008851 | | | KEYSPAN GAS EAST | 0.008417 | | | CARMX 2023-2 A3 | 0.008031 | | | US TREASURY N/B | 0.007713 | | | INTUIT INC | 0.007551 | | | OneMain Direct Auto Receivables Trust, Series 2023-1A, Class A | 0.007545 | ✓ | | AMCR ABS Trust 2026-A | 0.007535 | | | BROOKFIELD FIN | 0.007520 | | | Phillips 66 0% CP 04/05/2026 | 0.007498 | | | BACARDI LTD COMPANY GUAR 144A 07/26 2.75 | 0.007491 | | | ENEL FINANCE INTL NV STEP 07/12/2026 144A | 0.007461 | | | E.ON SE | 0.007446 | | | MTBAT 2024-1A A3 | 0.007412 | | | TELUS Corp | 0.007394 | | | VOYA FINANCIAL | 0.007058 | | | Hyundai Auto Receivables Trust 2022-C | 0.006994 | | | LFT 2021-1A A | 0.006818 | | | GMCAR 2023-4 A3 | 0.006655 | | | HYATT HOTELS | 0.006638 | | | BMWOT 2024-A A3 | 0.006626 | | | BERRY GLOBAL INC SR SECURED 144A 07/26 4.875 | 0.006586 | | | KEURIG DR PEPPER INC REGD V/R 4.63613700 | 0.006579 | | | UNDER ARMOUR INC SR UNSECURED 06/26 3.25 | 0.006561 | | | RELIANCE STAND LIFE II SECURED 144A 09/26 1.512 | 0.006491 | | | BofA Auto Trust, Series 2024-1A, Class A3 | 0.006477 | | | OCCU Auto Receivables Trust 2022-1 | 0.006470 | | | HCA INC | 0.006400 | | | Oracle Corp | 0.006265 | ✓ | | CITZN 2024-2 A3 | 0.006173 | | | Reach Abs Trust, Series 2026-1A, Class A | 0.006155 | ✓ | | PAWNEEE EQUIPMENT RECEIVABLES SERIES 2022-1 LLC PWNE 2022-1 C | 0.006097 | | | MTLRF 2023-1A A3 144A 5.74% 07-15-30 | 0.005884 | | | Pennsylvania-American Water Co | 0.005719 | | | SMB PRIVATE EDUCATION LOAN TRUST 2020-A SMB 2020-A A2A | 0.005696 | | | CONAGRA BRANDS | 0.005668 | | | LAD Auto Receivables Trust, Series 2024-1A, Class A4 | 0.005665 | | | Drive Auto Receivables Trust, Series 2024-2, Class B | 0.005656 | | ## Thornburg Core Plus Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.025441 | | | US TREASURY N/B | 0.022876 | | | U.S. Treasury STRIPS Coupon | 0.022864 | | | US TREASURY N/B | 0.021583 | | | US TREASURY N/B | 0.019555 | | | U.S. Treasury STRIPS Coupon | 0.018324 | | | U.S. Treasury STRIPS Coupon | 0.016521 | | | FN MA4578 | 0.016479 | | | FN MA4548 | 0.015088 | | | US TREASURY N/B | 0.015052 | | | U.S. Treasury Inflation-Protected Indexed Bonds | 0.013796 | | | FR SD8206 | 0.011974 | | | Thornburg Capital Management Fund | 0.011213 | ✓ | | Freddie Mac Pool | 0.009821 | | | FR SD8213 | 0.009378 | | | FNMA 30YR 2.5% 07/01/2052#FS7879 | 0.008450 | | | U.S. Treasury STRIPS Coupon | 0.007322 | | | U.S. Treasury STRIPS Coupon | 0.006459 | | | JBYCMX 2.5 10/14/31 144A | 0.005787 | | | US TREASURY N/B | 0.005779 | | | Federal Home Loan Banks | 0.005404 | | | FirstCash, Inc. | 0.005315 | | | COMM 2024-277P MORTGAGE TRUST SER 2024-277P CL A REGD 144A P/P 6.33800000 | 0.005265 | | | ANTHOL 3.95 07/15/26 | 0.005186 | ✓ | | G2 MA7368 | 0.005112 | | | FN BV4119 | 0.005106 | | | InStar Leasing III LLC | 0.005017 | | | CSMC 2021-RPL11 Trust | 0.004911 | | | BLOCK INC REGD ZCP CONVERTIBLE 0.00000000 | 0.004874 | ✓ | | Fannie Mae REMICS | 0.004812 | | | WHISTLER PIPELIN | 0.004703 | | | GREENSAIF PIPELI | 0.004595 | | | Fannie Mae Pool | 0.004588 | | | Ajax Mortgage Loan Trust, Series 2023-B, Class A | 0.004565 | | | BOOZ ALLEN HAMILTON INC REGD 144A P/P 3.87500000 | 0.004533 | | | HERCULES CAPITAL INC 3.375000% 01/20/2027 | 0.004496 | | | Fannie Mae Pool | 0.004484 | | | Eagle Funding LuxCo S.a.r.l. | 0.004442 | | | Sequoia Mortgage Trust 2025-10 | 0.004336 | | | FLOWERS FOODS INC REGD 5.75000000 | 0.004321 | | | MAIN STREET CAPI | 0.004267 | | | LEX Mortgage Trust, Series 2024-BBG, Class A | 0.004256 | | | Ajax Mortgage Loan Trust, Series 2021-G, Class A | 0.004200 | | | Government National Mortgage Association | 0.004169 | | | UMBS | 0.004138 | | | GS Mortgage-Backed Securities Trust, Series 2024-RPL4, Class A1 | 0.004070 | | | SCRT 2024-1 MT 3.0% 11-25-63 | 0.003967 | | | MFRA TRUST VAR 02/25/2066 144A | 0.003918 | | | MLANE 2024-A A1 144A 6.2% 08-15-29 | 0.003914 | | | FNMA POOL CB2301 FN 12/51 FIXED 3 | 0.003900 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-051171` (as of 2026-03-31) - N-PORT (fund B) — accession `0001410368-26-051164` (as of 2026-03-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _