Thornburg Multi Sector Bond ETF
TMB
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 2300 North Ridgetop Road Santa Fe NM United States of America 87506
- IPO Date
- Jan 4, 2000
- Website
- thornburg.com
- Similar Companies
- Business
- Thornburg Multi Sector Bond ETF (TMB) is an actively managed exchange-traded fund that seeks total return through income and capital appreciation by investing across the broad global fixed-income market. The fund employs flexible sector allocation strategies, including corporate bonds (46.9% of portfolio), domestic Treasuries (14.7%), asset-backed securities (12.8%), mortgage passthroughs (10.9%), collateralized mortgage obligations (10.2%), and commercial mortgage-backed securities (2.7%), with holdings spanning various credit qualities from U.S. government securities to below investment grade and maturities from short-term to over 10 years; it also incorporates derivatives such as credit default swap indices and currency forwards for risk management. TMB trades on NASDAQ with a total expense ratio of 0.55%, monthly distributions, and a benchmark of the Bloomberg U.S. Universal Index, maintaining approximately 404 holdings primarily concentrated in the United States (93.1%) with minor exposures to Canada, the United Kingdom, and other regions. Issued 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, Hong Kong, and Shanghai. The firm oversees multi-strategy solutions including mutual funds, ETFs, closed-end funds, separate accounts, and UCITS funds across equities, fixed income, multi-asset, and alternatives for institutional, financial advisor, and individual investors worldwide. Launched on February 4, 2025, TMB represents Thornburg's expansion into active fixed-income ETFs, alongside a companion product, as part of broadening its ETF lineup to meet demand for diversified bond exposure in varying market cycles. Recent major developments at Thornburg include the September 2024 announcement of a joint venture with Bow River Capital to launch Thornburg Bow River Advisers, focusing on private credit solutions for lower- and middle-market businesses in the Mountain states, Midwest, and Southwest, which closed in Q4 2024; and an October 2025 strategic distribution partnership with Capital Strategies Partners to expand access to Thornburg's UCITS funds, including equity income and multi-sector credit strategies, for institutional and wholesale investors in Italy and the Middle East. These initiatives underscore Thornburg's push into private markets and international growth amid $46-52 billion in client assets as of late 2025.