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Thornburg Income Builder Opportunities Trust Announces Distribution
Prnewswireยท2025-08-01 20:01

Core Viewpoint - Thornburg Income Builder Opportunities Trust announced a monthly distribution of $0.10417 per share, payable on August 20, 2025, with a record date of August 11, 2025, indicating stability in its distribution policy [1][2]. Distribution Details - The current monthly distribution of $0.10417 per share remains unchanged from the previous declaration [1]. - The cumulative distributions for the fiscal year to date (FYTD) amount to $1.14587 per share, with net investment income contributing $0.94248 (82%) and net realized short-term capital gains contributing $0.13800 (12%) [2]. - The Trust's distribution includes a short-term capital gain and does not include a return of capital or long-term capital gain [1][2]. Investment Objective - The Trust aims to provide current income and additional total return by investing at least 80% of its managed assets in a diverse range of income-producing securities, including both equity and debt securities globally [3]. Tax Considerations - As a registered investment company, the Trust is subject to a 4% excise tax if it fails to distribute at least 98% of its ordinary income and 98.2% of its capital gains by the end of the calendar year [4]. - The specific tax characteristics of distributions will be reported to shareholders on Form 1099 after the end of the 2025 calendar year [1]. Company Overview - Thornburg Investment Management manages $49 billion in client assets as of June 30, 2025, and offers a variety of investment products including mutual funds, ETFs, and closed-end funds [6].