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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) declared a monthly dividend on Monday, June 1st. Shareholders of record on Thursday, June 11th will be given a dividend of 0.1042 per share on Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Thursday, June 11th.

Thornburg Income Builder Opportunities Trust Price Performance

TBLD opened at $22.44 on Tuesday. The firm has a 50 day simple moving average of $21.88 and a 200 day simple moving average of $21.15. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $18.50 and a fifty-two week high of $23.02.

Institutional Trading of Thornburg Income Builder Opportunities Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in TBLD. Royal Bank of Canada raised its position in Thornburg Income Builder Opportunities Trust by 2.5% during the first quarter. Royal Bank of Canada now owns 340,717 shares of the company’s stock worth $6,112,000 after acquiring an additional 8,449 shares in the last quarter. NewEdge Advisors LLC increased its position in Thornburg Income Builder Opportunities Trust by 10.2% during the second quarter. NewEdge Advisors LLC now owns 16,253 shares of the company’s stock worth $319,000 after acquiring an additional 1,500 shares during the period. Raymond James Financial Inc. increased its position in Thornburg Income Builder Opportunities Trust by 8.6% during the second 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. Bank of America Corp DE acquired a new stake in Thornburg Income Builder Opportunities Trust during the second quarter worth about $120,000. Finally, Osaic Holdings Inc. grew its stake in Thornburg Income Builder Opportunities Trust by 4.1% during the second quarter. Osaic Holdings Inc. now owns 27,213 shares of the company’s stock worth $534,000 after buying an additional 1,072 shares in the last quarter.

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.