Flexible and dynamic global investing
High-conviction, actively-managed multi-asset solutions for an evolving market.
We identify opportunities across fixed income and equity, adhering to a disciplined research-driven approach tailored to each asset class and focused on the potential for risk-adjusted outperformance in concentrated, diversified strategies.
We incorporate equity by taking a comprehensive view of value that spans wide-ranging metrics we use to determine whether or not a security is priced appropriately, relative to other prospects. We assess fixed income through intensive credit research, investing only when the risk/reward tradeoff appears tilted decidedly in the shareholder’s favor.
Investment Income Builder
A highly active and flexible approach allows us to go anywhere in the world to seek income. The portfolio is global, diversified, and multi-asset built with income-producing stocks and bonds that seeks to deliver an attractive and growing income stream.   We apply a rigorous, bottom-up fundamental research process to identify dividend-paying companies with strong cash flows that have both the ability and willingness to pay and grow their dividends over time.
$11B
Global flexible income
client assets
Thornburg Investment Income Builder Strategy
The Investment Income Builder Strategy employs bottom-up fundamental analysis to identify dividend-paying companies with strong cash flows that have both the ability and willingness to pay and grow their dividends over time. Highly active and benchmark agnostic, the strategy’s flexible approach allows it to invest in both stocks and bonds anywhere in the world when searching for compelling income opportunities. Under normal conditions, the portfolio invests at least 80% of assets in income-producing securities, including at least 50% of assets in common stock.
Benchmark
Investment Income Builder Blended Index
Investment objective
Growth and Income
Strategy inception date
1 Jan 2003
Net assets
$17.2 B
Available as:
A Different Approach to Asset Allocation
Most strategic and tactical asset allocations have their foundations in decades of capital market expectations for return and risk. Those strategies seek to forecast changing market/economic conditions from macroeconomic perspective. When put into practice, this can often result in client portfolios with allocations to dozens of asset categories and small over/under weighting positions with little effect to the return and risk profile for the investor. We think there is a better way. Our bottom-up fundamental research, a macroeconomic perspective and factor insights inform our global, multi-asset perspective. Using broad categories of equity, fixed income and commodities, we build portfolios to deliver attractive real returns across various market environments and with lower overall volatility.
Summit Fund
Many investors are looking to grow assets over time through a mix of capital appreciation and current income intended to exceed the rate of inflation. Bottom-up fundamental research, a macroeconomic perspective and factor insights inform the construction of a global, multi-asset portfolio – using equity, fixed income and commodities – designed to deliver attractive real returns across various market environments and with lower overall volatility.
Thornburg Multi-Asset Strategy
The Multi-Asset Strategy is a global, diversified multi-asset strategy that seeks to grow assets over time through a mix of capital appreciation and current income that is intended to exceed the rate of inflation. The strategy applies a dynamic asset allocation, bottom-up fundamental research, a macroeconomic perspective and factor insights to construct a global, multi-asset portfolio designed to deliver attractive real returns across various market environments with lower volatility.
Benchmark
Multi-Asset - Summit Fund Blended Index
Investment objective
Growth
Strategy inception date
1 Apr 2019
Net assets
$97.2 M
Available as:
Latest Insights
Markets & Economy
Investment Landscape: Surveying Potential Risks and Opportunities
Investors continued to monitor the tenuous relationship between the U.S. and China, while keeping an eye on where Fed leadership and the dependability of macroeconomic data are headed.
Markets & Economy
Investment Perspectives from the Road: Hong Kong and China
Our investment professionals travel the world to evaluate global markets and unearth the most optimal ideas. Nicole Lim recently visited Hong Kong and China, and here are her perspectives.
Advising Clients
Retirement Resources: The Endowment Spending Policy
A best practice for retirees is to establish a spending policy that balances lifestyle maintenance with asset preservation.
Investment Tactics
The Enduring Role of Active Investment Management
Active investment management can help investors achieve their long-term financial goals while navigating market volatility, asset dislocations, and managing risk.
Fixed Income
Solving the Hunt for Yield Amid Rate Volatility and Compressed Spreads
As traditional bond strategies face renewed pressure, explore how shifts in credit markets and investor behavior are reshaping income opportunities.
Income
The Essential Role of Dividends in Retirement
Income-hungry investors should not overlook the importance of dividends, which have accounted for nearly half of the S&P 500's total return since 1900.