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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 11th will be paid a dividend of 0.1042 per share on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Friday, September 11th.

Thornburg Income Builder Opportunities Trust Price Performance

Thornburg Income Builder Opportunities Trust stock opened at $22.36 on Wednesday. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $19.48 and a fifty-two week high of $23.02. The stock has a 50-day simple moving average of $22.07 and a 200-day simple moving average of $21.94.

Insiders Place Their Bets

In other news, insider Anne W. Kritzmire acquired 3,440 shares of Thornburg Income Builder Opportunities Trust stock in a transaction on Wednesday, August 5th. The stock was bought at an average price of $22.20 per share, for a total transaction of $76,368.00. Following the completion of the purchase, the insider owned 4,840 shares in the company, valued at $107,448. This represents a 245.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

Institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. raised its position 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 purchasing an additional 4,415 shares during the last quarter. Stifel Financial Corp grew its position in Thornburg Income Builder Opportunities Trust by 2.4% during the 4th quarter. Stifel Financial Corp now owns 721,378 shares of the company’s stock worth $14,500,000 after purchasing an additional 16,682 shares during the last quarter. Advisors Asset Management Inc. grew its position in Thornburg Income Builder Opportunities Trust by 11.3% during the 4th quarter. Advisors Asset Management Inc. now owns 675,405 shares of the company’s stock worth $13,576,000 after purchasing an additional 68,635 shares during the last quarter. Royal Bank of Canada increased its stake in Thornburg Income Builder Opportunities Trust by 10.2% in the fourth quarter. Royal Bank of Canada now owns 491,279 shares of the company’s stock valued at $9,875,000 after purchasing an additional 45,271 shares during the period. Finally, Kera Capital Partners Inc. increased its stake in Thornburg Income Builder Opportunities Trust by 4.2% in the first quarter. Kera Capital Partners Inc. now owns 453,342 shares of the company’s stock valued at $9,586,000 after purchasing 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.