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Thornburg Income Builder Opportunities Trust Announces Monthly Distribution

Thornburg Income Builder Opportunities Trust, trading under the NASDAQ ticker TBLD, has made headlines with its latest announcement regarding a monthly distribution payment for its shareholders. As of July 1, 2025, the Trust will distribute $0.10417 per common share, a move that underscores its commitment to delivering financial returns to investors. This distribution will be payable on July 21, 2025, to all common shareholders who are on record as of July 11, 2025.

Distribution Breakdown

The announced distribution of $0.10417 covers several components, aimed at providing clarity to the Trust's shareholders:

• - Net Investment Income: The primary source of the distribution is net investment income, which constitutes 94% of the current monthly payment. This is derived from regular interest and dividends.
• - Short-Term Capital Gains: Approximately 6% of the distribution comes from net realized short-term capital gains.
• - Long-Term Capital Gains: Notably, there is no allocation from long-term capital gains or return of capital in this payout. This ensures that shareholders receive a distribution rooted in income generation rather than capital recovery.

This distribution policy is representative of the Trust's overall strategy, which prioritizes current income while also aiming for long-term total returns through a diversified investment approach.

Cumulative Distributions of FYTD

The announcement of this monthly distribution adds to the cumulative distributions so far in the fiscal year (FYTD), which can be summarized as follows:

• - Current Distribution: $0.10417
• - Cumulative Distributions FYTD: $1.04170
• - Breakdown:

- Net Investment Income: $0.89926 (87%)
- Short-Term Capital Gains: $0.07705 (7%)
- Long-Term Capital Gains: $0.06539 (6%)

While this distribution is reflective of a strong income-driving strategy, Thornburg reminds investors that future distributions might include returns of capital. Such occurrences would not necessarily indicate poor performance but rather strategic financial management.

Investment Strategy and Goals

Thornburg's primary investment objective remains the provision of current income along with additional returns. In pursuit of this, the Trust specifically commits over 80% of its managed assets into a diverse array of income-generating securities. This includes investments in both equity and debt securities across various geographical locations, and notably, up to 20% in emerging markets.

However, as a registered investment company, the Trust is subjected to specific tax regulations, which may necessitate distributions to meet annual tax obligations. In scenarios where required distributions are not met, there may be potential excise tax implications.

While the Trust’s fiscal policies center on maintaining stable income distributions, Thornburg advises shareholders that not all payout amounts equate directly to net investment income. In some instances, portions of these distributions may represent a return of capital which effectively decreases an investor’s tax basis in their shares. Thus, shareholders are encouraged to monitor their investment implications closely.

About Thornburg Investment Management

Established in 1982, Thornburg Investment Management is an active manager specializing in a range of equity, fixed income, and multi-asset strategies. With an asset management value of approximately $48 billion as of May 31, 2025, Thornburg operates with a global client base encompassing institutions, financial advisors, and private investors. For more information on their offerings, visit www.thornburg.com.

In summary, Thornburg Income Builder Opportunities Trust’s announcement not only demonstrates its ongoing commitment to shareholder returns but also reflects the strategic capital management practices that guide its operational framework. As they continue to navigate market changes, investors remain encouraged to engage with the Trust’s distributed resources for clarifications on their investment positions.