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

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

Thornburg Income Builder Opportunities Trust Price Performance

Shares of TBLD stock remained flat at $21.25 on Friday. The stock had a trading volume of 66,976 shares, compared to its average volume of 64,414. The stock’s 50 day simple moving average is $21.57 and its 200-day simple moving average is $20.59. Thornburg Income Builder Opportunities Trust has a one year low of $15.94 and a one year high of $23.02.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

Several hedge funds have recently bought and sold shares of the company. Invesco Ltd. grew its holdings in shares of Thornburg Income Builder Opportunities Trust by 0.8% in the 4th quarter. Invesco Ltd. now owns 67,054 shares of the company’s stock valued at $1,348,000 after buying an additional 552 shares during the period. Kestra Advisory Services LLC raised its stake in Thornburg Income Builder Opportunities Trust by 0.7% during the 4th quarter. Kestra Advisory Services LLC now owns 91,398 shares of the company’s stock worth $1,837,000 after buying an additional 599 shares during the period. Comerica Bank lifted its holdings in Thornburg Income Builder Opportunities Trust by 2.5% during the fourth quarter. Comerica Bank now owns 24,200 shares of the company’s stock worth $486,000 after acquiring an additional 600 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Thornburg Income Builder Opportunities Trust by 3.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 22,250 shares of the company’s stock worth $447,000 after acquiring an additional 790 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in Thornburg Income Builder Opportunities Trust by 5.5% in the third quarter. NewEdge Advisors LLC now owns 17,153 shares of the company’s stock valued at $341,000 after acquiring an additional 900 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.