The Challenge for Markets Now is Repricing Risks

Before investing, carefully consider the Fund’s investment goals, risks, charges, and expenses. For a prospectus or summary prospectus containing this and other information, contact your financial advisor or visit thornburg.com. Read them carefully before investing.
The views expressed are subject to change and do not necessarily reflect the views of Thornburg Investment Management, Inc. This information should not be relied upon as a recommendation or investment advice and is not intended to predict the performance of any investment or market.
Thornburg mutual funds are distributed by Thornburg Securities Corporation.
Please see our glossaryglossary (www.thornburg.com/glossary) for a definition of terms.