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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) announced a monthly dividend on Monday, February 2nd. Stockholders of record on Thursday, February 12th will be paid a dividend of 0.1042 per share on Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Thursday, February 12th.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of Thornburg Income Builder Opportunities Trust stock remained flat at $21.19 during trading on Tuesday. 5,481 shares of the stock were exchanged, compared to its average volume of 67,771. Thornburg Income Builder Opportunities Trust has a 12 month low of $15.94 and a 12 month high of $21.45. The firm has a 50-day simple moving average of $20.19 and a 200-day simple moving average of $20.05.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Webster Bank N. A. bought a new stake in Thornburg Income Builder Opportunities Trust in the fourth quarter valued at approximately $60,000. Bank of America Corp DE purchased a new position in shares of Thornburg Income Builder Opportunities Trust in the second quarter worth $120,000. Envestnet Asset Management Inc. bought a new stake in Thornburg Income Builder Opportunities Trust during the 3rd quarter valued at $207,000. Hicks Capital Management LLC boosted its position in Thornburg Income Builder Opportunities Trust by 8.4% during the 3rd quarter. Hicks Capital Management LLC now owns 12,856 shares of the company’s stock valued at $256,000 after buying an additional 1,000 shares during the period. Finally, Calamos Advisors LLC boosted its position in Thornburg Income Builder Opportunities Trust by 21.7% during the 3rd quarter. Calamos Advisors LLC now owns 13,728 shares of the company’s stock valued at $273,000 after buying an additional 2,450 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.