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THOIX

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Analysis and statistics

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About

THOIX.US represents the Thornburg Investment Income Builder Fund Class I shares. It's a mutual fund managed by Thornburg Investment Management that aims to provide a high level of current income and, secondarily, long-term capital appreciation. The fund typically invests in a globally diversified portfolio of income-producing securities, including corporate bonds, high-yield bonds, mortgage-backed securities, and dividend-paying stocks. Investors should carefully consider the fund's investment objectives, risks, charges, and expenses before investing.
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Factors

Market Interest Rates: Rising rates typically decrease bond values, lowering THOIX's NAV, as older, lower-yielding bonds become less attractive.

Credit Quality: Downgrades to the credit ratings of bonds held in THOIX's portfolio can negatively impact its price due to increased default risk.

Inflation Expectations: Higher anticipated inflation erodes the real value of fixed-income investments, pushing bond prices, and thus THOIX's NAV, down.

Economic Growth: Strong economic growth can lead to higher interest rates, negatively impacting bond prices within THOIX. Conversely, slower growth may boost bond prices.

Fund Management Strategy: Active management decisions, such as security selection and duration positioning, influence THOIX's performance and price.

Investor Sentiment: Shifts in investor risk appetite and overall market sentiment can affect demand for bond funds like THOIX, influencing its price.

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