Skip to Content

Thornburg Investment Income Builder R5 TIBMX

Analyst rating as of
NAV / 1-Day Return
23.77  /  0.67 %
Total Assets
11.1 Bil
Adj. Expense Ratio
1.060%
Expense Ratio
1.060%
Fee Level
High
Longest Manager Tenure
18.81 years
Category
World Allocation
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Low / Limited
Status
Open
TTM Yield
4.92%
Turnover
48%
Premium

Morningstar’s Analysis

Will TIBMX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A risky approach to income.

Summary

| |

Thornburg Investment Income Builder has an experienced team and its high-octane approach produces an attractive yield for investors. However, its large overweight in value stocks combined with a bond sleeve that provides an insufficient ballast has exposed investors to more-volatile returns and larger drawdowns than peers and the index, warranting a downgrade of its Morningstar Analyst Rating to Neutral from Bronze for its cheapest share classes. Its more-expensive shares remain Neutral.

Unlock our full analysis with Morningstar Premium