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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) announced a monthly dividend on Tuesday, September 2nd. Shareholders of record on Friday, September 12th will be given a dividend of 0.1042 per share on Friday, September 19th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Friday, September 12th.

Thornburg Income Builder Opportunities Trust Trading Up 0.1%

Thornburg Income Builder Opportunities Trust stock opened at $19.91 on Wednesday. The stock has a 50-day moving average of $19.77 and a two-hundred day moving average of $18.63. Thornburg Income Builder Opportunities Trust has a one year low of $15.80 and a one year high of $20.55.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. raised its stake in Thornburg Income Builder Opportunities Trust by 8.6% in the second quarter. Raymond James Financial Inc. now owns 826,592 shares of the company’s stock valued at $16,218,000 after buying an additional 65,755 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Thornburg Income Builder Opportunities Trust by 13.3% in the second quarter. Advisors Asset Management Inc. now owns 566,631 shares of the company’s stock valued at $11,117,000 after purchasing an additional 66,559 shares during the period. Royal Bank of Canada increased its holdings in shares of Thornburg Income Builder Opportunities Trust by 2.5% in the first quarter. Royal Bank of Canada now owns 340,717 shares of the company’s stock valued at $6,112,000 after purchasing an additional 8,449 shares during the period. Thomas J. Herzfeld Advisors Inc. increased its holdings in shares of Thornburg Income Builder Opportunities Trust by 17.0% in the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 214,693 shares of the company’s stock valued at $4,212,000 after purchasing an additional 31,132 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of Thornburg Income Builder Opportunities Trust by 12.3% in the first quarter. LPL Financial LLC now owns 175,169 shares of the company’s stock valued at $3,143,000 after purchasing an additional 19,143 shares during the period.

Thornburg Income Builder Opportunities Trust Company Profile

The Trust is a global, multi-asset, actively managed portfolio that seeks to generate an attractive income stream by providing investors differentiated access to a dynamic blend of income generating investments. Thornburg believes that markets are inefficient with respect to the assessment of risk and reward due to the siloed nature of multi-asset analysis.