Despite a recent manager change, Thornburg Investment Income Builder remains in experienced hands and follows the same income-focused approach. However, management of the fund’s risks continues to give pause amidst additional changes to the oversight approach.
Thornburg Investment Income Builder A TIBAX
- NAV / 1-Day Return 24.67 / −0.03 %
- Total Assets 12.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.170%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Global Allocation
- Investment Style Large Value
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 4.52%
- Turnover 25%
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:22 PM GMT+0
Morningstar’s Analysis TIBAX
Will TIBAX 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 34.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Orange SA | 4.90 | 601.8 Mil | Communication Services |
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NN Group NV | 3.40 | 417.1 Mil | Financial Services |
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BNP Paribas Act. Cat.A | 3.26 | 399.7 Mil | Financial Services |
Enel SpA | 2.81 | 344.6 Mil | Utilities |
Vodafone Group PLC | 2.72 | 334.1 Mil | Communication Services |
Citigroup Inc | 2.69 | 330.4 Mil | Financial Services |
AT&T Inc | 2.52 | 309.9 Mil | Communication Services |