This report details the Thornburg Investment Income Builder Fund's achievements during the second quarter of 2026, set against a backdrop of global geopolitical tensions and persistent inflationary pressures.
Navigating Global Headwinds, Delivering Strong Returns
Income Builder Fund's Strong Dividend and NAV Growth in Q2 2026
In the second quarter of 2026, the Thornburg Investment Income Builder Fund (TIBIX) distributed ordinary dividends of $0.288 per I share. This represented a notable 5.5% increase compared to the same period in the previous year, highlighting the fund's commitment to delivering consistent income to its investors.
Significant Net Asset Value Appreciation
The fund's net asset value (NAV) per I share experienced substantial growth. Over the trailing 12 months, the NAV increased by $7.69, rising from $30.26 to $37.95. More recently, during the June quarter alone, the NAV saw a healthy gain of $1.76 per share, climbing from $36.19 to $37.95, demonstrating robust short-term performance.
Outperforming the Blended Benchmark
For the 12-month period concluding on June 30, 2026, the Income Builder Fund's I shares generated an impressive return of 16.15%. This performance significantly surpassed its blended benchmark, which returned 7.48% over the same period. Such outperformance underscores the fund's effective investment strategy and its ability to generate superior returns for its shareholders.
