Thornburg Income Builder Opportunities Trust
TBLD
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jason Brady
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2300 North Ridgetop Road Santa Fe NM United States of America 87506
- IPO Date
- Jul 28, 2021
- CIK
- 0001820378
- Website
- thornburg.com
- Similar Companies
- Business
- Thornburg Income Builder Opportunities Trust (TBLD) is a closed-end management investment company sponsored by Thornburg Investment Management, Inc., that seeks to provide investors with high current income, with a secondary objective of capital appreciation. The Trust invests primarily in a diversified portfolio of income-producing securities, including floating- and fixed-rate senior loans, high-yield bonds, multi-sector fixed income instruments, and equities across global markets; it employs an opportunistic, multi-asset strategy that may also include mortgage-backed securities, emerging market debt, and other credit opportunities to maximize total return potential. Headquartered in Santa Fe, New Mexico, the Trust was launched in 2024 as part of Thornburg's closed-end fund offerings, which operate without geographic limitations and target institutional and retail investors seeking enhanced yield in varying interest rate environments. The Trust's core offerings encompass a flexible allocation approach, dynamically shifting between fixed income (such as corporate bonds, collateralized loan obligations, and U.S. Treasuries), floating-rate loans to reduce duration risk, and equity positions in sectors like financials, energy, and technology for growth; leverage is utilized through borrowings to amplify returns, subject to regulatory limits. Thornburg Investment Management provides active management leveraging proprietary research and macroeconomic analysis to navigate credit cycles and market volatility. The fund trades on the NYSE under ticker TBLD and is structured to offer weekly repurchases at net asset value for liquidity. In recent developments, the Trust successfully completed its initial public offering in October 2024, raising approximately $106.25 million, marking Thornburg's expansion into multi-asset closed-end funds amid rising demand for income solutions. No major acquisitions, partnerships, or strategic shifts have been announced as of late 2025, though the sponsor continues to emphasize portfolio adjustments in response to Federal Reserve rate policies and credit market dynamics. The Trust operates as a standalone entity under Thornburg Investment Management, with no subsidiaries or parent relationships beyond the sponsor's oversight.