---
ticker: "TPLS"
name: "Thornburg Core Plus Bond ETF"
url: "https://etf.net/etf/TPLS"
grade: "C"
score: 52
graded_at: "2026-10-12"
category: "US Aggregate Bond"
category_rank: "78 of 117"
methodology: "https://etf.net/methodology"
---

# TPLS: Thornburg Core Plus Bond ETF

Grade **C**, Score 52 of 100. Rank 78 of 117 in US Aggregate Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 26 | 83 of 117 |
| Mission | 95 | 67 of 101 |
| Risk | 63 | 26 of 116 |
| Tradability | 25 | 100 of 117 |
| Holdings | 56 | 60 of 116 |
| Durability | 31 | 97 of 117 |

## Top holdings

The fund holds 366 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | United States Treasury Strip Coupon | 6.10% |
| 2 | — | United States Treasury Strip Principal | 3.20% |
| 3 | — | United States Treasury Note/Bond | 2.67% |
| 4 | — | United States Treasury Note/Bond | 2.63% |
| 5 | — | Fannie Mae Pool | 2.58% |
| 6 | — | Freddie Mac Pool | 2.09% |
| 7 | — | United States Treasury Note/Bond | 2.02% |
| 8 | TYZ6 | CBOT 10 Year US Treasury Note | 1.60% |
| 9 | Cash & Cash Equivalents | Cash & Cash Equivalents | 1.60% |
| 10 | — | United States Treasury Note/Bond | 1.53% |
| 11 | — | United States Treasury Note/Bond | 1.52% |
| 12 | — | Freddie Mac Pool | 1.46% |
| 13 | — | PRKCM 2023-AFC1 Trust | 1.19% |
| 14 | — | United States Treasury Inflation Indexed Bonds | 0.85% |
| 15 | — | Freddie Mac Pool | 0.83% |
| 16 | — | United States Treasury Strip Coupon | 0.81% |
| 17 | — | Fannie Mae Pool | 0.75% |
| 18 | — | Freddie Mac Pool | 0.67% |
| 19 | — | United States Treasury Note/Bond | 0.66% |
| 20 | — | PRET 2024-RPL1 Trust | 0.57% |
| 21 | — | Fannie Mae Pool | 0.53% |
| 22 | — | Ajax Mortgage Loan Trust 2020-B | 0.52% |
| 23 | — | New Residential Mortgage Loan Trust 2024-RTL1 | 0.51% |
| 24 | — | M&T Equipment 2023-LEAF1 Notes | 0.51% |
| 25 | — | DailyPay Securitization Trust 2025-1 | 0.51% |
| 26 | — | Fannie Mae Pool | 0.51% |
| 27 | — | Santander Drive Auto Receivables Trust 2026-1 | 0.50% |
| 28 | — | CNA Financial Corp. | 0.48% |
| 29 | — | Wells Fargo Commercial Mortgage Trust 2018-1745 | 0.48% |
| 30 | — | New Residential Mortgage Loan Trust 2026-RPL1 | 0.47% |

Source: etf.net, https://etf.net/etf/TPLS. Please cite the page URL.