#United States #Investment Management #Thornburg Trust #Santa Fe #Monthly Distribution

Thornburg Income Builder Opportunities Trust Declares Distribution

On February 3, 2025, the Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) made an important announcement regarding its monthly distribution. The Trust will distribute $0.10417 per common share, scheduled for payment on February 21, 2025, to shareholders recorded by February 13, 2025. This announcement is a continuation of the Trust's commitment to providing value to its shareholders through regular distributions.

Details of the Distribution

The Trust's new monthly distribution rate marks no changes from the previous declaration, as announced in the following table:


It’s essential for shareholders to understand that these distributions are derived primarily from the net investment income. This encompasses revenues collected as interest and dividends, with the potential inclusion of capital gains or returns of capital. Notably, the upcoming distribution on February 21 will not include any return of capital or capital gains.

Cumulative Distributions

For the current fiscal year, which runs from October 1, 2024, through September 30, 2025, the Trust has provided impressive cumulative distributions:

• - Current Distribution: $0.10417 (100%)
• - Cumulative Distributions FYTD:

- Net Investment Income: $0.44049 (84%)
- Net Realized Short-term Capital Gain: $0.00000 (0%)
- Net Realized Long-term Capital Gain: $0.06539 (13%)
- Return of Capital: $0.00000 (0%)
- Total per Share: $0.52085 (100%)

It is crucial for shareholders to avoid assuming that the source of any distribution solely stems from profits or regular income. Distributions may include returns of capital owing to various circumstances, which can impact future gains or losses if shares are sold at a later date.

Understanding Investment Objectives

Thornburg’s investment objective is rooted in generating current income alongside a comprehensive return on investment. The Trust aims to achieve these goals by investing, directly or indirectly, at least 80% of its managed assets in a diverse array of income-generating securities globally. This investment strategy includes equitably balancing equity and debt securities, also tapping into opportunities with companies outside the United States, including emerging market investments.

The Trust, as a registered investment company, must navigate through a 4% excise tax regulation if it doesn’t distribute a minimum required threshold to its shareholders by year-end, emphasizing its active distribution process.

Conclusion

Investors are encouraged to keep abreast of significant updates and changes associated with their shares. To enhance understanding, the Trust offers resources on its website. For more insightful details regarding these distributions, visit www.thornburg.com/tbld-distributions. Thornburg Investment Management has operated since 1982, managing approximately $45 billion in assets and continues providing services to financial professionals globally.

These distributions reflect Thornburg's commitment to delivering value, but it’s essential for investors to grasp that changes in these distributions can reflect market conditions and the Trust’s performance. Risk is inherent in investment pursuits, and there is no guarantee that set objectives will be met.