Morningstar

Thornburg Investment Income Builder Fund Class R3 TIBRX

Morningstar Medalist Rating
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Medalist Rating as of See Thornburg Investment Hub
  • NAV / 1-Day Return $37.20  /  −0.21 %
  • Fund Size $22.6B
  • Adjusted Expense Ratio 1.520%
  • Net Expense Ratio 1.500%
  • Fee Level: Distribution High
  • Share Class Type Retirement, Medium
  • Morningstar Category Global Moderately Aggressive Allocation
  • Equity Style Box (Funds) Large Value
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 2.89%
  • Turnover Ratio 28%
NAV and 1-Day Return as of

Morningstar’s Analysis TIBRX

Will TIBRX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TIBRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TIBRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TIBRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A seasoned, well-aligned team anchors this global equity and income strategy.

Analyst Zach Houston-Read

Zach Houston-Read

Analyst

Summary

Thornburg Investment Income Builder’s experienced investment team aims to deliver an attractive income stream via a fundamentals-driven global equity portfolio paired with a smaller sleeve of primarily corporate bonds.

by Zach Houston-Read
Rated on Published on

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Portfolio Holdings TIBRX

More TIBRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thornburg Capital Management

7.95 2B
—

Taiwan Semiconductor Manufacturing Co Ltd

5.70 1B
Technology

Orange SA

5.49 1B
Communication Services

BNP Paribas Act. Cat.A

4.39 1B
Financial Services

Samsung Electronics Co Ltd

3.79 891M
Technology

NN Group NV

3.69 866M
Financial Services

Citigroup Inc

3.66 860M
Financial Services

AT&T Inc

3.42 803M
Communication Services

TotalEnergies SE

2.93 688M
Energy

Broadcom Inc

2.72 639M
Technology

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