Why TMB Stands Out in Fixed Income

Core Portfolio Allocations - The current market volatility suggests that revisiting core portfolio allocations may be beneficial for investors [1][2] - The introduction of U.S. tariffs has heightened market uncertainty, impacting inflation, consumer demand, and the job market, complicating forecasts for the second half of the year [2] Thornburg Multi Sector Bond ETF (TMB) - TMB is positioned as an actively managed, dynamic, and diversifying fixed income ETF, aiming for long-term capital appreciation and income [3][4] - The fund combines diversification and adaptability, making it suitable for investors looking to enhance income portfolios [4] - Since its launch on February 4, 2025, TMB has shown notable performance compared to the Bloomberg U.S. Aggregate Bond Index [4] Investment Strategy - TMB invests across various sectors and geographies, seeking a diversified fixed income portfolio that includes debt obligations of any quality, type, and maturity [6] - The fund typically maintains about 35% of its portfolio in high yield "junk bonds," with the percentage varying based on market outlooks [7] - TMB generally maintains a dollar-weighted average effective duration of one to five years, considering interest rate expectations and market conditions [8] Expense and Performance - TMB has an expense ratio of 0.55%, and total returns are calculated quarterly based on the daily net asset value (NAV) [8]