Thornburg Investment Income Builder Fund Class R5 (TIBMX)
Thornburg Investment Income Builder Fund Class R5 operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Santa Fe, NM, US. The stock last traded at $38.32, up 0.63% on the session, giving a market capitalisation of $22.24B. Its beta of 0.77 implies it has historically moved less than the broad market.
This fund is designed to generate a consistent stream of income that exceeds the typical yield from U.S. stocks, with long-term capital growth being a secondary objective. It achieves these goals by diversifying its investments across a wide range of income-generating securities, primarily corporate stocks and fixed-income instruments. Under normal market conditions, the fund commits a minimum of 80% of its portfolio to income-producing assets, and at least 50% of its holdings are allocated to common shares.
Thornburg Investment Income Builder Fund Class R5 is most often compared with the following Financial Services names: