Thornburg Income Builder Opportunities Trust (TBLD) to Issue Monthly Dividend of $0.10 on September 21st

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) declared a monthly dividend on Tuesday, September 1st. Investors of record on Friday, September 11th will be given a dividend of 0.1042 per share on Monday, September 21st. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Friday, September 11th.

Thornburg Income Builder Opportunities Trust Price Performance

NASDAQ:TBLD opened at $21.86 on Wednesday. Thornburg Income Builder Opportunities Trust has a 12-month low of $19.48 and a 12-month high of $23.02. The firm has a 50-day moving average price of $22.09 and a 200 day moving average price of $21.94.

Insider Buying and Selling at Thornburg Income Builder Opportunities Trust

In related news, insider Anne W. Kritzmire acquired 3,440 shares of the stock in a transaction dated Wednesday, August 5th. The shares were bought at an average cost of $22.20 per share, for a total transaction of $76,368.00. Following the purchase, the insider owned 4,840 shares in the company, valued at approximately $107,448. This trade represents a 245.71% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

Several hedge funds and other institutional investors have recently modified their holdings of TBLD. Raymond James Financial Inc. boosted its stake in Thornburg Income Builder Opportunities Trust by 0.5% in the 3rd quarter. Raymond James Financial Inc. now owns 831,007 shares of the company’s stock valued at $16,529,000 after buying an additional 4,415 shares in the last quarter. Stifel Financial Corp grew its position in Thornburg Income Builder Opportunities Trust by 2.4% in the fourth quarter. Stifel Financial Corp now owns 721,378 shares of the company’s stock valued at $14,500,000 after acquiring an additional 16,682 shares during the period. Advisors Asset Management Inc. raised its stake in Thornburg Income Builder Opportunities Trust by 11.3% during the fourth quarter. Advisors Asset Management Inc. now owns 675,405 shares of the company’s stock worth $13,576,000 after acquiring an additional 68,635 shares in the last quarter. Royal Bank of Canada raised its stake in Thornburg Income Builder Opportunities Trust by 10.2% during the fourth quarter. Royal Bank of Canada now owns 491,279 shares of the company’s stock worth $9,875,000 after acquiring an additional 45,271 shares in the last quarter. Finally, Kera Capital Partners Inc. lifted its holdings in shares of Thornburg Income Builder Opportunities Trust by 4.2% during the first quarter. Kera Capital Partners Inc. now owns 453,342 shares of the company’s stock valued at $9,586,000 after acquiring an additional 18,441 shares during the period.

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.