Welcome to our dedicated page for Thornburg Income Builder Opportunities Trust news (Ticker: TBLD), a resource for investors and traders seeking the latest updates and insights on Thornburg Income Builder Opportunities Trust stock.
Thornburg Income Builder Opportunities Trust Common Stock (TBLD) is a diversified, closed-end management investment company aimed primarily at providing current income for its shareholders. Established and managed by Thornburg Investment Management, the Trust seeks to meet its investment goals by investing at least 80% of its Managed Assets directly or indirectly, thereby ensuring a robust and diversified asset base.
Founded in 1982 by Garrett Thornburg, Thornburg Investment Management is headquartered in Santa Fe, New Mexico. The firm has grown to be a global investment entity with over $42 billion in client assets as of August 31, 2023. Recognized for its active portfolio management strategies, Thornburg offers a range of investment solutions including mutual funds, closed-end funds, institutional accounts, and separate accounts.
Recent Achievements:
- On September 29, 2023, Thornburg appointed Mark Zinkula as its new President & Chief Executive Officer, bringing his extensive experience from Legal & General Investment Management, where he managed $1.4 trillion in assets.
- Consistently delivering competitive investment performance through a collaborative approach between its equity and bond teams.
Core Business: Thornburg's investment philosophy is centered on adding value for investors via comprehensive and active portfolio management. The firm prides itself on its long-term investment horizon, flexibility, and a keen eye for value across different asset classes.
Current Projects and Partnerships: Thornburg continues to expand its portfolio solutions, aiming to meet the diverse needs and objectives of its investors. With offices in Hong Kong and Shanghai, the firm extends its reach globally, ensuring diversified investment opportunities.
Thornburg's commitment to client service is underpinned by the principle that robust investment performance is key to client satisfaction. The firm brings together a blend of innovative products and a talented team dedicated to delivering consistent investment results over the long term.
For more detailed information, visit Thornburg Investment Management or contact their Global Communications Director, Michael Corrao at +1 (505) 467-5345 or via email at mcorrao@thornburg.com.
Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) has announced its monthly distribution of $0.10417 per share, payable on January 21, 2025, to shareholders of record as of December 30, 2024. This distribution maintains the previous declaration rate and consists entirely of net investment income.
The Trust's fiscal year-to-date cumulative distributions include 80% from net investment income, 4% from short-term capital gains, and 16% from long-term capital gains, with no return of capital. The Trust, managing $46 billion in client assets as of November 30, 2024, invests at least 80% of its managed assets in income-producing securities, including both equity and debt securities globally, with up to 20% allocation to emerging market companies.
Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) has announced its monthly distribution of $0.10417 per share, payable on December 20, 2024, to shareholders of record as of December 12, 2024. The distribution includes $0.08920 (86%) from net investment income and $0.01497 (14%) from short-term capital gains. For the fiscal year to date, cumulative distributions total $0.31251, comprising 74% from net investment income, 5% from short-term capital gains, and 21% from long-term capital gains. The Trust invests in both equity and debt securities globally, with at least 80% of managed assets in income-producing securities.
Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) has announced its monthly distribution of $0.10417 per share, payable on November 20, 2024, to shareholders of record as of November 12, 2024. The distribution includes $0.03878 (37%) from net investment income and $0.06539 (63%) from long-term capital gains.
The Trust invests at least 80% of its managed assets in income-producing securities, including both equity and debt securities of U.S. and global companies. With $47 billion in client assets as of September 30, 2024, Thornburg operates as an active, high-conviction manager of equities, fixed income, and multi-asset solutions.
Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) has announced a monthly distribution of $0.10417 per share on its common shares, payable on October 21, 2024 to shareholders of record as of October 11, 2024. This distribution remains unchanged from the previous declaration.
The Trust's fiscal year 2024-2025 cumulative distributions are entirely sourced from net investment income. The distribution does not include any return of capital, long-term capital gain, or short-term capital gain. Shareholders are advised that the source of distributions may not necessarily reflect the Trust's investment performance.
Thornburg Income Builder Opportunities Trust aims to provide current income and additional total return by investing at least 80% of its managed assets in a broad range of income-producing securities, including both equity and debt securities of U.S. and global companies.
Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) has announced its monthly distribution of $0.10417 per share, payable on September 20, 2024, to shareholders of record as of September 13, 2024. This distribution includes a short-term capital gain of $0.04366 but no return of capital or long-term capital gain.
The Trust's fiscal year-to-date cumulative distributions show 59% from net investment income, 18% from net realized short-term capital gain, 7% from net realized long-term capital gain, and 16% from return of capital or other capital sources. The Trust aims to provide current income and additional total return by investing at least 80% of its managed assets in income-producing securities globally.
As of July 31, 2024, Thornburg Investment Management, the Trust's parent company, manages $46 billion in client assets. The firm offers various investment products and strategies for institutions and individual investors worldwide.
Thornburg Investment Management, overseeing $46 billion in client assets, has announced key leadership changes. Matt Burdett has been named Head of Equities and Christian Hoffmann as Head of Fixed Income, both reporting to CEO Mark Zinkula. They replace Co-Heads of Investments Ben Kirby and Jeff Klingelhofer, who will step down from their roles and leave the company by September 30, 2024.
Additionally, Neal BasuMullick will be promoted to Portfolio Manager and Managing Director, joining Lon Erickson as co-portfolio managers of the Thornburg Summit Fund. These changes aim to propel the next phase of growth at Thornburg and deepen the team's alignment with clients.
Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) has announced a monthly distribution of $0.10417 per share on its common shares, payable on August 20, 2024 to shareholders of record as of August 12, 2024. This distribution includes:
- Net Investment Income: $0.08972 (86%)
- Net Realized Short-term Capital Gain: $0.01445 (14%)
- No return of capital or long-term capital gain
The Trust's fiscal year-to-date cumulative distributions total $1.14587 per share. TBLD's investment objective is to provide current income and additional total return by investing in a broad range of income-producing securities, including both equity and debt, in the U.S. and globally.
Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) announced a monthly distribution of $0.10417 per share, payable on July 19, 2024, to shareholders of record as of July 11, 2024. This distribution, derived entirely from net investment income, shows no change from previous declarations. The Trust's fiscal year distributions include net investment income, short-term capital gains, long-term capital gains, and returns of capital. The Trust's investment objective is to provide current income and additional total return by investing in a mix of U.S. and international equity and debt securities. Thornburg Investment Management, the Trust's manager, is a global investment firm with $45 billion in client assets as of May 31, 2024.
Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) has announced a monthly distribution of $0.10417 per share, payable on June 21, 2024, to shareholders of record as of June 13, 2024. The ex-dividend date is June 12, 2024. The Trust's distributions are generally paid from net investment income and may include capital gains or a return of capital. However, the June 2024 distribution will not include any capital gains or return of capital.
The Trust's fiscal year distributions to date total $0.93753 per share, comprising 51% net investment income, 18% short-term capital gains, 10% long-term capital gains, and 21% return of capital. Thornburg aims to provide current income and additional total returns by investing primarily in income-producing securities across global markets.
Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) announced a monthly distribution of $0.10417 per share, payable on June 21, 2024, to shareholders of record as of June 13, 2024. This distribution is sourced entirely from net investment income. For the fiscal year, cumulative distributions total $0.93753 per share. The Trust aims to provide current income and additional total return by investing at least 80% of its assets in income-producing securities globally. The Trust is subject to a 4% excise tax if it does not distribute a significant portion of its income and gains annually. The corrected ex-dividend date for this distribution is June 13, 2024, revised from June 12, 2024.
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