Thornburg Income Builder Opportunities Trust (TBLD) to Issue Monthly Dividend of $0.10 on April 20th

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) declared a monthly dividend on Wednesday, April 1st, NASDAQ Dividends reports. Shareholders of record on Monday, April 13th will be given a dividend of 0.1042 per share on Monday, April 20th. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Monday, April 13th.

Thornburg Income Builder Opportunities Trust Price Performance

NASDAQ:TBLD remained flat at $21.25 during trading hours on Friday. The company’s stock had a trading volume of 66,976 shares, compared to its average volume of 64,414. Thornburg Income Builder Opportunities Trust has a 12 month low of $15.94 and a 12 month high of $23.02. The business’s 50-day moving average price is $21.57 and its 200-day moving average price is $20.59.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Webster Bank N. A. purchased a new position in Thornburg Income Builder Opportunities Trust during the fourth quarter worth about $60,000. Bank of America Corp DE purchased a new stake in shares of Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at approximately $120,000. Envestnet Asset Management Inc. acquired a new stake in shares of Thornburg Income Builder Opportunities Trust during the 3rd quarter worth approximately $207,000. Hicks Capital Management LLC raised its position in shares of 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 raised its position in shares of 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.