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TNLIX

$--
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1d
1w
1m

Analysis and statistics

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About

TNLIX.US represents the Thornburg Investment Income Builder Fund Class I. It's a mutual fund managed by Thornburg Investment Management. The fund seeks to provide a high level of current income consistent with prudent risk by investing primarily in a portfolio of income-producing securities. These securities may include, but are not limited to, dividend-paying common stocks, REITs, preferred stocks, and corporate and government debt securities. The fund's investment strategy involves actively allocating assets across different income-producing sectors and geographies to potentially enhance returns and manage risk. As a Class I share class, it typically has lower expenses than other share classes within the same fund, potentially leading to higher returns for investors.
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Factors

Underlying Bond Performance: TNLIX's price heavily relies on the performance of the underlying bonds it holds. Higher bond prices push TNLIX's price up; lower bond prices decrease it.

Interest Rate Changes: Rising interest rates typically decrease bond values, hence TNLIX's price. Conversely, falling rates often boost its price.

Credit Quality: Changes in the creditworthiness of bond issuers impact TNLIX's price. Downgrades lower the price, while upgrades can increase it.

Market Sentiment: Overall investor sentiment towards bond markets influences demand and supply for TNLIX, affecting its price.

Inflation Expectations: Higher inflation expectations can erode bond values, leading to a decrease in TNLIX's price.

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