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Thornburg Income Builder Opportunities Trust Announces Distribution - Thornburg Inc Builder (NASDAQ:TBLD)
Benzingaยท2025-11-03 21:01

Core Points - Thornburg Income Builder Opportunities Trust announced a monthly distribution of $0.10417 per share, payable on November 20, 2025, to shareholders of record as of November 13, 2025 [1] - The Trust's cumulative distributions for the fiscal year to date (FYTD) amount to $0.20834 per share, with all distributions coming from net investment income [2] - The Trust aims to provide current income and total return by investing at least 80% of its managed assets in income-producing securities, including both equity and debt securities globally [3] Distribution Details - The monthly distribution of $0.10417 per share represents no change from previous declarations [1] - Cumulative distributions for the fiscal year include $0.10417 from net investment income, with no short-term or long-term capital gains or return of capital reported [2] - The Trust's distributions are calculated based on net asset value or market price per share as of the distribution announcement date [1][2] Investment Strategy - The Trust's investment strategy focuses on a broad range of income-producing securities, with the flexibility to invest up to 20% of its managed assets in emerging market companies [3] - 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] Company Overview - Thornburg Investment Management manages approximately $52 billion in client assets as of September 30, 2025, serving institutions and investors globally [7] - The firm offers a variety of investment products, including mutual funds, ETFs, and closed-end funds, and has been in operation since 1982 [7]