Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Declares $0.10 Monthly Dividend

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) declared a monthly dividend on Friday, December 19th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.1042 per share on Tuesday, January 20th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Tuesday, December 30th.

Thornburg Income Builder Opportunities Trust Stock Performance

TBLD stock opened at $19.97 on Friday. The firm’s 50-day moving average is $19.95 and its two-hundred day moving average is $19.82. Thornburg Income Builder Opportunities Trust has a 52 week low of $15.94 and a 52 week high of $20.73.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. PMG Family Office LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust in the 3rd quarter worth $946,000. NewEdge Advisors LLC grew its holdings in Thornburg Income Builder Opportunities Trust by 5.5% during the third quarter. NewEdge Advisors LLC now owns 17,153 shares of the company’s stock worth $341,000 after acquiring an additional 900 shares during the period. Bank of America Corp DE raised its position in Thornburg Income Builder Opportunities Trust by 120.2% in the third quarter. Bank of America Corp DE now owns 13,452 shares of the company’s stock worth $268,000 after acquiring an additional 7,343 shares in the last quarter. Raymond James Financial Inc. raised its position in Thornburg Income Builder Opportunities Trust by 0.5% in the third quarter. Raymond James Financial Inc. now owns 831,007 shares of the company’s stock worth $16,529,000 after acquiring an additional 4,415 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Thornburg Income Builder Opportunities Trust in the 3rd quarter valued at about $294,000.

About Thornburg Income Builder Opportunities Trust

Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) is a closed-end management investment company that seeks to provide a high level of total return, with an emphasis on current income and the potential for capital appreciation. Listed on the NASDAQ, the Trust offers investors access to a managed portfolio that combines income-generating securities with opportunistic equity and convertible instruments. By blending diverse asset types, the Trust aims to balance yield objectives with capital growth prospects over a full market cycle.

The Trust’s investment approach centers on assembling a diversified mix of high-yield bonds, preferred securities, convertible debt and common stocks across U.S.