Thornburg Income Builder Price, Forecast, Insider, Ratings, Fundamentals & Signals

Santa fe, n.m. , april 1, 2024 /prnewswire/ -- thornburg income builder opportunities trust (the "trust") (nasdaq: tbld) today announced a monthly distribution of $0.10417 per share on the trust's common shares, payable on april 19, 2024 to common shareholders of record as of april 11, 2024.

Santa fe, n.m. , march 5, 2024 /prnewswire/ -- thornburg income builder opportunities trust (the "trust") (nasdaq: tbld) today announced it will hold its annual meeting of shareholders as set forth in the proxy statement on thursday, march 14, 2024, beginning at 9:00 am mt at thornburg's corporate headquarters, located at 2300 n.

Santa fe, n.m. , march 1, 2024 /prnewswire/ -- thornburg income builder opportunities trust (the "trust") (nasdaq: tbld) today announced a monthly distribution of $0.10417 per share on the trust's common shares, payable on march 20, 2024 to common shareholders of record as of march 11, 2024.

Santa fe, n.m. , feb. 1, 2024 /prnewswire/ -- thornburg income builder opportunities trust (the "trust") (nasdaq: tbld) today announced a monthly distribution of $0.10417 per share on the trust's common shares, payable on february 20, 2024 to common shareholders of record as of february 12, 2024.

Santa fe, n.m. , jan. 2, 2024 /prnewswire/ -- thornburg income builder opportunities trust (the "trust") (nasdaq: tbld) today announced a monthly distribution of $0.10417 per share on the trust's common shares, payable on january 22, 2024 to common shareholders of record as of january 12, 2024.

CEF Insights: The Latest On TBLD's Global, Multi-Asset Strategy

Robust economic growth surprised investors this year, but significant geopolitical tensions and other factors bring uncertainty. Thornburg Investment Management's Ben Kirby discusses its global strategy for providing long-term investors with income. Current market challenges and views on the broader market as 2024 approaches.

Thornburg Income Builder Opportunities Trust has outperformed its peer group and several asset classes in 2023, with double-digit total returns year-to-date. TBLD offers an attractive investment opportunity for income-oriented investors looking for diversification, with nearly 70% of the stock allocated outside the U.S. and a distribution rate of nearly 8%. TBLD's performance has been positive on a relative basis, outpacing stock indexes and several asset classes, despite the challenging environment for allocation funds.

In 2021, a dozen closed-end funds, or CEFs, were launched, but none of them performed well, with all of them experiencing negative total returns since inception. The CEFs trade at wide discounts to NAV, with an average discount of -12.5%, and offer high yield income with annual yields as high as 12.9%. The hybrid funds with global allocations and higher yielding taxable fixed income funds have performed better than municipal fixed income funds and equity funds.

Thornburg Income Builder Opportunities Trust offers a high level of current income with an 8.98% yield. The TBLD fund's shares have declined 8.18% since August, but distributions offset some of the losses. The fund invests in a mix of equity and debt securities, with a focus on the financial sector.

The rapidly rising cost of living is a major problem for Americans, making it difficult to maintain their standard of living. The Thornburg Income Builder Opportunities Trust is a closed-end fund that offers a high level of current income with an 8.29% yield. The fund has a unique portfolio with a significant allocation to stocks and bonds, and it has outperformed major indices over the past year.

TBLD currently trades at a deep discount. The fund has the flexibility to invest just about anywhere.

TBLD is an interesting fund that continues to trade at an attractive discount that can provide an entry point for investors. The fund is flexible to invest where management believes are the most attractive opportunities, whether equities or fixed income, along with an options writing overlay.

Long-term, income-oriented investors have a unique opportunity to invest in 2 funds that offer a steady distribution with reasonable future total return potential. XFLT offers a 14% yield and may have just bottomed in early October as the NAV begins to rise from its recent 52-week low.

Thornburg Income Builder Opportunities Trust (TBLD) is a multi-asset closed end fund. The vehicle is new, having IPO-ed in July 2021.