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THRRX

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Analysis and statistics

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About

THRRX.US represents the Thornburg Investment Income Builder Fund (Class R6) traded on the US market. This is a mutual fund seeking to provide a high level of current income consistent with prudent risk. The fund invests primarily in a mix of debt securities, including corporate bonds, mortgage-backed securities, and asset-backed securities, and also has the ability to invest in equities. As a Class R6 share class, it is generally available to institutional investors, retirement plans, and other qualified purchasers, often with lower expense ratios than other share classes of the same fund.
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Factors

Interest Rates: Rising rates can decrease bond values, impacting THRRX as it invests in bonds.

Credit Quality: Downgrades in issuer credit ratings lower bond prices within THRRX.

Inflation Expectations: Higher inflation erodes bond returns, reducing THRRX's net asset value.

Market Sentiment: General economic optimism or pessimism can influence fund flows and THRRX's price.

Fund Management: Decisions by THRRX's managers regarding security selection affect fund performance.

Liquidity: Difficulty selling underlying bond assets at fair prices can negatively affect THRRX.

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