Thornburg Income Builder Oppor – GuruFocus.com

SANTA FE, New Mexico, June 1, 2022 /PRNewswire/ — Thornburg Income Builder Opportunities Trust (the “Trust”) (NASDAQ: TBLD) today announced a monthly distribution of $0.10417 per share on the common shares of the Trust, payable on June 21, 2022 to ordinary shareholders registered on the June 13, 2022.

The Trust’s monthly distributions are shown below:

Rising

Payment date

Ex-dividend date

Registration Date

Change precedent
Statement

$0.10417

June 21, 2022

June 10, 2022

June 13, 2022

No change

Distribution rates do not constitute performance and are calculated by adding the monthly distribution per share of the Trust over four quarters and dividing by the net asset value or market price per share, as applicable, on the date of the announcement. of distribution. Distributions on common shares are generally paid out of net investment income (regular interest and dividends) and may also include capital gains and/or return of capital. The distribution of the Trust payable on June 21, 2022does not include return of capital, but does include short-term capital gains in the amount of $0.08329. The specific tax characteristics of the distributions will be communicated to common shareholders of the Trust on Form 1099 after the end of calendar year 2022. The final determination for all distributions paid in 2022 will be made in early 2023 and communicated to you on the form 1099-DIV. You should not use this notice as a substitute for your 1099-DIV.

Shareholders should not assume that the source of a distribution from the Trust is net income or profit. A distribution consisting in whole or in part of a return of capital does not necessarily reflect the performance of the Trust’s investments and should not be confused with “yield” or “income”. Future distributions may consist of a return of capital. For more information regarding the Trust’s distributions, please visit www.thornburg.com/tbld-distributions.

The investment objective of the Trust is to provide current income and additional total return. The Trust seeks to achieve its objective by investing, directly or indirectly, at least 80% of its assets under management in a wide range of income-producing securities. The Trust invests in equity and debt securities of companies located in United States and around the world. The Trust may invest in non-US domiciled companies, including up to 20% of its assets under management at the time of investment in stocks and debt securities of emerging market companies.

As a registered investment company, the Trust is subject to a 4% excise tax which is imposed if the Trust does not distribute to common shareholders by the end of a calendar year at least the sum of ( i) 98% of his ordinary income (excluding any capital gain or loss) for the calendar year and (ii) 98.2% of his capital gain in excess of his capital loss (adjusted for certain ordinary losses) for a period of one year generally ending on October 31 calendar year (unless an election is made to use the Trust’s fiscal year). In certain circumstances, the Trust may elect to retain income or capital gain to the extent that the Board of Trustees, in consultation with management of the Trust, determines that it is in the interests of shareholders to do so.

Distributions on Common Shares paid by the Trust for a given period may exceed the amount of net investment income for that period. Therefore, all or part of a distribution may be a return of capital, which is in effect a partial return of the amount that a common shareholder has invested in the Trust, up to the amount of the tax base. of the ordinary shareholder in his ordinary shares. , which would reduce this tax base. Although a return of capital may not be taxable, it will generally increase the common shareholder’s potential gain or reduce their potential loss on any subsequent sale or other disposition of common stock.

About Thornburg

Thornburg is a global investment firm providing strategies for institutions, finance professionals and investors worldwide. The private company, founded in 1982, is an active, high-conviction manager of fixed income, equities, multi-asset solutions and sustainable investments. With $44 billion1 in customer assets at April 30, 2022the company offers mutual funds, closed-end funds, institutional accounts, segregated accounts for high net worth investors, and UCITS funds for non-US investors.

As an independent firm, Thornburg can seize a wide range of opportunities, explore ideas in depth and work across multiple strategies to deliver consistent risk-adjusted outperformance over the long term. The firm attracts free-spirited professionals eager to pursue investment results beyond the bounds of popular wisdom. From agile operational capabilities to principles and actions fit for a global citizen, Thornburg’s world-class investment platform and team are aligned with strategy to serve investors.

Thornburg’s US headquarters is located in Santa Fe, New Mexico with offices at London, hong kong and Shanghai. For more information, visit www.thornburg.com or call 877 215 1330.

This press release does not constitute an offer to sell or a solicitation of an offer to buy, and there will be no offer, solicitation or sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. A registration statement relating to these securities has been filed with and declared effective by the United States Securities and Exchange Commission.

Before investing, carefully consider the Trust’s investment objectives, risks, charges and expenses. To obtain a prospectus or simplified prospectus containing this and other information, contact your financial advisor, visit www.thornburg.com/tbld or call 877 215 1330. Read them carefully before investing.

Certain statements in this press release constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements of Trust, or industry results, may differ materially from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Accordingly, no assurance can be given as to future results, levels of activity, performance or achievements, and neither the Trust nor any other person assumes responsibility for the accuracy and completeness of such statements. ‘coming.

Risk is inherent in any investment. There is no assurance that the Trust will achieve its investment objective and you could lose some or all of your investment.

NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE

Thornburg Securities Corporation, Distributor

Media inquiries
Michael Corrao
Director of Global Communications
Thornburg Investment Management
Tel: +1 505 467 5345
E-mail: [email protected]

1 Understand $42 billion of assets under management and $2 billion in assets under advisement at April 30, 2022.

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SOURCE Thornburg Investment Management

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