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TRTZX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    32.2834$
  • Previous Close
    32.2834$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

TRTZX.US represents the Thornburg Investment Income Builder Fund, a mutual fund. This fund seeks to provide a high level of current income while maintaining the opportunity for capital appreciation. It invests in a diversified portfolio of income-producing securities, including corporate bonds, government securities, mortgage-backed securities, and dividend-paying stocks, both domestic and international.
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Factors

Market Interest Rates: Rising interest rates typically decrease bond prices, lowering TRTZX's value. Falling rates have the opposite effect.

Credit Quality: Downgrades in the credit ratings of bonds held by TRTZX can reduce its price, reflecting higher default risk.

Economic Conditions: Economic growth often leads to inflation and higher rates, impacting TRTZX negatively. Recessions can boost demand for safer assets like bonds.

Inflation Expectations: Higher inflation erodes bond values as future payments are worth less, decreasing TRTZX's price.

Fund Management: Decisions by TRTZX's managers to buy/sell bonds impact supply and demand, affecting price.

Investor Sentiment: Overall market optimism or pessimism towards fixed income can drive buying or selling pressure on TRTZX.

Bond Maturities: Longer-term bonds are more sensitive to interest rate changes, affecting TRTZX if it holds many long-term bonds.

Fund Expenses: TRTZX's expense ratio and other fees reduce returns, indirectly influencing its market price.

Supply and Demand: Increased demand for TRTZX generally increases its price, while greater selling pressure lowers it.

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