Thornburg Investment Income Builder Fund Class R4 (TIBGX)
Thornburg Investment Income Builder Fund Class R4 operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Santa Fe, NM, US. The stock last traded at $38.07, up 0.61% on the session, giving a market capitalisation of $22.20B. Its beta of 0.77 implies it has historically moved less than the broad market.
The Thornburg Investment Income Builder Fund Class R4's primary objective is to generate a current income stream that exceeds the average yield found in U.S. equities. A supplementary aim is to achieve long-term capital growth. To fulfill these investment goals, the fund builds its portfolio using a diverse array of income-generating securities, with a strong emphasis on common stocks and bonds. As a standard practice, at least 80% of its assets will be dedicated to income-producing investments, and typically, a minimum of 50% of its total holdings will be allocated to common stocks.
Thornburg Investment Income Builder Fund Class R4 is most often compared with the following Financial Services names: