Thornburg Investment Income Builder Fund Class R5
TIBMX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 2300 North Ridgetop Road Santa Fe NM United States of America 87506-8361
- IPO Date
- Feb 1, 2007
- CIK
- 0000816153
- Website
- thornburg.com
- Similar Companies
- Business
- Thornburg Investment Income Builder Fund Class R5 (TIBMX) is a multi-asset mutual fund that seeks to provide current income and long-term total return primarily through a globally diversified portfolio of dividend-paying equities, fixed income securities, and other income-producing instruments. The fund allocates across U.S. and international markets, including up to 20% in emerging market securities; it emphasizes large-cap value stocks, corporate bonds, and utilities with resilient businesses and strong capital structures, as reflected in top holdings such as Thornburg Capital Management, Orange SA, Taiwan Semiconductor Manufacturing, Broadcom, and Citigroup. Managed within the Global Moderately Aggressive Allocation category, it features an equity-heavy design for income generation and growth, with portfolio characteristics including a weighted average market cap, forward P/E ratio, effective duration, and active share versus its Investment Income Builder Blended Index benchmark. Offered by Thornburg Investment Management, Inc., a privately held global investment firm founded in 1982 and headquartered in Santa Fe, New Mexico, with additional offices in London and Hong Kong, the fund operates alongside multiple share classes including Class I (TIBIX), Class A (TIBAX), and Class R4 (TIBGX), targeting institutions, financial advisors, retirement plans, and individual investors seeking consistent income streams such as for retirement or foundation distributions. Portfolio management includes oversight by veteran Brian McMahon since December 2002, complemented by Matt Burdett leading equities since February 2019 and elevated post-Ben Kirby's mid-2024 departure, and Christian Hoffmann managing fixed income since September 2023 following Jason Brady's 2023 exit; these transitions reflect a shift to a flatter, consensus-driven structure under CEO Mark Zinkula amid equity research team rebuilding since 2020. Thornburg Investment Management recently formed a joint venture with Bow River Capital in September 2024 to offer private credit solutions for lower- and middle-market businesses, combining fixed income expertise with private equity capabilities, expected to close in Q4 2024; the firm also manages approximately $51 billion in client assets as of August 2025 across mutual funds, closed-end funds, ETFs, UCITS, and institutional accounts.