Thornburg Investment Income Builder lost another portfolio manager this year, following a slew of team turnover since 2020. The result is a team that is still well-suited to the task at hand, but stability is needed to increase confidence in this aggressive income strategy.
Thornburg Investment Income Builder R6 TIBOX
- NAV / 1-Day Return 26.58 / +0.22 %
- Total Assets 13.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.840%
- Distribution Fee Level Average
- Share Class Type Retirement, Large
- Category Global Allocation
- Investment Style Large Value
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 4.55%
- Turnover 25%
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis TIBOX
Will TIBOX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 38.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Orange SA | 5.24 | 732.4 Mil | Communication Services |
Thornburg Capital Management | 5.09 | 711.5 Mil | — |
Broadcom Inc | 4.16 | 580.8 Mil | Technology |
TotalEnergies SE | 4.07 | 568.3 Mil | Energy |
Taiwan Semiconductor Manufacturing Co Ltd | 3.83 | 535.5 Mil | Technology |
AT&T Inc | 3.33 | 465.9 Mil | Communication Services |
NN Group NV | 3.27 | 456.8 Mil | Financial Services |
BNP Paribas Act. Cat.A | 3.26 | 455.0 Mil | Financial Services |
Enel SpA | 3.09 | 432.2 Mil | Utilities |
Tesco PLC | 2.76 | 385.7 Mil | Consumer Defensive |