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 24.90 / +0.74 %
- Total Assets 12.9 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 4.68%
- Turnover 25%
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:23 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 34.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Orange SA | 5.09 | 624.0 Mil | Communication Services |
TotalEnergies SE | 4.38 | 536.9 Mil | Energy |
Broadcom Inc | 3.73 | 457.1 Mil | Technology |
BNP Paribas Act. Cat.A | 3.69 | 451.4 Mil | Financial Services |
NN Group NV | 3.19 | 390.7 Mil | Financial Services |
Taiwan Semiconductor Manufacturing Co Ltd | 3.04 | 372.5 Mil | Technology |
Enel SpA | 3.03 | 371.4 Mil | Utilities |
Citigroup Inc | 2.73 | 334.5 Mil | Financial Services |
Vodafone Group PLC | 2.67 | 326.7 Mil | Communication Services |
AT&T Inc | 2.64 | 323.8 Mil | Communication Services |