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Thornburg Investment Income Builder I TIBIX

Analyst rating as of
NAV / 1-Day Return
19.27  /  1.32 %
Total Assets
10.5 Bil
Adj. Expense Ratio
1.020%
Expense Ratio
1.020%
Fee Level
Above Average
Longest Manager Tenure
17.56 years
Category
US Fund World Allocation
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Low / Moderate
Status
Open
TTM Yield
5.22%
Turnover
44%
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Morningstar’s Analysis

Will TIBIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillar’s below.

Thornburg Investment Income Builder Struggles During Sell-Off but Retains Its Rating

Analyst Note

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Thornburg Investment Income Builder's flexible approach to multi-asset income, which delivers a riskier portfolio relative to peers and its Morningstar Category index, has amplified the fund's drawdown during the current market sell-off. From Feb. 20 through March 27, 2020, the fund's institutional share class lost 28.0% compared with a 15.9% loss for its Morningstar Global Allocation Index. This underperformance lands the fund in the bottom decile of the world-allocation category.

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