Closed End Fund Advisors Inc. Makes New Investment in Thornburg Income Builder Opportunities Trust $TBLD

Closed End Fund Advisors Inc. purchased a new position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 39,027 shares of the company’s stock, valued at approximately $784,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TBLD. Wolverine Asset Management LLC purchased a new position in Thornburg Income Builder Opportunities Trust in the 4th quarter worth approximately $1,404,000. Raymond James Financial Inc. boosted its holdings in Thornburg Income Builder Opportunities Trust by 8.6% in the 2nd quarter. Raymond James Financial Inc. now owns 826,592 shares of the company’s stock worth $16,218,000 after acquiring an additional 65,755 shares during the period. Shaker Financial Services LLC purchased a new position in Thornburg Income Builder Opportunities Trust in the 4th quarter worth approximately $1,109,000. Dakota Wealth Management purchased a new position in Thornburg Income Builder Opportunities Trust in the 4th quarter worth approximately $1,000,000. Finally, PMG Family Office LLC purchased a new position in Thornburg Income Builder Opportunities Trust in the 3rd quarter worth approximately $946,000.

Thornburg Income Builder Opportunities Trust Stock Performance

NASDAQ TBLD opened at $21.78 on Friday. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $18.60 and a fifty-two week high of $23.02. The business has a 50 day moving average price of $21.96 and a two-hundred day moving average price of $21.19.

Thornburg Income Builder Opportunities Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.1042 per share. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Thursday, June 11th.

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.