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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) announced a monthly dividend on Friday, May 1st. Investors of record on Monday, May 11th will be paid a dividend of 0.1042 per share on Wednesday, May 20th. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Monday, May 11th.

Thornburg Income Builder Opportunities Trust Stock Performance

NASDAQ TBLD opened at $22.05 on Friday. Thornburg Income Builder Opportunities Trust has a 52 week low of $18.00 and a 52 week high of $23.02. The stock’s 50 day moving average price is $21.68 and its two-hundred day moving average price is $20.90.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in shares of Thornburg Income Builder Opportunities Trust by 2.5% during the 1st quarter. Royal Bank of Canada now owns 340,717 shares of the company’s stock worth $6,112,000 after buying an additional 8,449 shares during the last quarter. NewEdge Advisors LLC raised its holdings 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 in the last quarter. Raymond James Financial Inc. boosted 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 valued at $16,218,000 after purchasing an additional 65,755 shares during the last quarter. Bank of America Corp DE bought a new position in Thornburg Income Builder Opportunities Trust in the second quarter valued at approximately $120,000. Finally, Osaic Holdings Inc. increased its position in shares of Thornburg Income Builder Opportunities Trust by 4.1% during the 2nd quarter. Osaic Holdings Inc. now owns 27,213 shares of the company’s stock worth $534,000 after purchasing an additional 1,072 shares during 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.