Thornburg Strategic Income I

The investment seeks a high level of current income, while long-term capital appreciation is a secondary consideration.
The fund pursues its investment goals by investing in a broad range of income-producing investments from throughout the world, primarily including debt obligations and income-producing stocks. The managers expect, under normal conditions, to invest a majority of its assets in the debt obligations described in the prospectus, but the relative proportions of the fund's investments in debt obligations and in income producing stocks can be expected to vary over time.

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