
Thornburg Income Builder Trust Announces Quarterly Distribution
Thornburg Income Builder Opportunities Trust Announces Distribution
Albany, NY - Thornburg Income Builder Opportunities Trust (the "Trust") announced today that it will distribute a total of $0.15 per share to its shareholders. The distribution is payable on May 13, 2023, to shareholders of record as of May 10, 2023.
The distribution represents a yield of approximately 5.6% based on the Trust's current market price. The Trust's distribution is designed to provide investors with a regular income stream, while also offering the potential for long-term capital appreciation.
"We are pleased to announce this distribution, which reflects the Trust's ability to generate income from its diversified portfolio of mortgage-backed securities and other income-generating assets," said Brian Andrews, President of the Trust. "We believe that our distribution provides a compelling yield in today's market environment, and we are committed to continuing to deliver value to our shareholders."
The Thornburg Income Builder Opportunities Trust is a closed-end investment company that seeks to provide a high level of current income and long-term capital appreciation by investing in a diversified portfolio of mortgage-backed securities, corporate bonds, and other income-generating assets. The Trust is managed by Thornburg Investment Management, a leading investment management firm with a long history of success in the fixed income space.
For more information about the Thornburg Income Builder Opportunities Trust, please visit our website at www.thornburg.com.