#USA #Santa Fe #Thornburg Investment Management #Core Plus Bond ETF #Multi Sector Bond ETF

Thornburg Expands Its ETF Offerings

Thornburg Investment Management, a prominent player in the global investment landscape, has announced the launch of two new active fixed income exchange-traded funds (ETFs). With an impressive portfolio of assets totaling $46 billion, the firm aims to broaden its offerings to meet the evolving needs of investors. The new ETFs, named the Thornburg Core Plus Bond ETF (NASDAQ: TPLS) and Thornburg Multi Sector Bond ETF (NASDAQ: TMB), will officially commence trading today.

This launch follows the successful unveiling of Thornburg's first two active ETFs last month, the Thornburg International Equity ETF (NASDAQ: TXUE) and Thornburg International Growth ETF (NASDAQ: TXUG), which have already attracted over $80 million in investments. According to Thornburg’s CEO, Mark Zinkula, the investor interest signals strong confidence in the firm’s decades of expertise and commitment to prudent risk management.

"With over $80 million in client inflows, it's clear that investors look to Thornburg's four decades of investing excellence and prudent risk management to achieve their long-term financial goals," Zinkula stated. The goal of expanding their ETF lineup with these two new fixed income options reflects the firm's dedication to catering to long-term client demand.

Insights into the New ETFs

Thornburg Core Plus Bond ETF aims for total return, which includes both capital appreciation and income generation. The fund is actively managed by seasoned professionals Lon Erickson, CFA, and Christian Hoffmann, CFA. They focus on a diversified portfolio primarily comprised of high-quality investment-grade bonds, with the flexibility to allocate up to 25% toward below-investment-grade securities.

On the other hand, the Thornburg Multi Sector Bond ETF is also managed by Erickson, Hoffmann, and Ali Hassan, CFA. This fund shares similar objectives of achieving total return with a focus on active management that adapts to fluctuating market conditions. The ETF is designed to invest across various fixed-income sectors, leveraging the team's insights into relative value across high-yield and international securities to enhance potential income and returns.

Strategic Positioning in the ETF Market

In a statement reflecting on the firm’s strategy, Jesse Brownell, Thornburg’s Global Head of Distribution, emphasized their commitment to being an active manager. He noted, "At its core, Thornburg is an active manager. We always put our clients first, so we took a deliberate and strategic approach to entering the competitive active ETF market. The positive response to our ETFs is exciting and demonstrates that Thornburg's approach to product development resonates with investors."

The new funds are expected to perform well and align with Thornburg's reputation for delivering value to clients. Brownell's insights highlight the firm’s mission to maintain a customer-driven approach amid a competitive landscape.

For more information about Thornburg's ETF offerings, investors can visit www.thornburg.com/etfs.

About Thornburg Investment Management

Founded in 1982, Thornburg Investment Management operates as an active, high-conviction manager specializing in equities, fixed income, multi-asset, and alternative investment solutions. With a strong commitment to both institutions and individual investors, Thornburg aims to meet diverse investment needs through a range of products, including mutual funds, ETFs, and closed-end funds. Headquartered in Santa Fe, New Mexico, the firm continues to innovate within the investment space, ensuring that it remains at the forefront of market developments.

Important Considerations

Before investing in any of Thornburg's ETFs, potential investors should carefully consider each fund's investment goals, risks, charges, and expenses. More detailed information can be accessed through the firm's prospectuses, available via financial advisors or directly on their website. Additionally, while ETFs offer liquidity and flexibility, they also come with certain risks like market volatility, interest rate risks, and credit risks, which investors must acknowledge before making investment decisions.