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 Blend
Investment objective
Growth and Income
Strategy inception date
1 Jan 2003
Net assets
$11.4 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 Blend
Investment objective
Growth
Strategy inception date
1 Apr 2019
Net assets
$75.9 M*
Available as:
Latest Insights
International Growth
Tread Carefully: Investment Opportunities in Artificial Intelligence
Portfolio Manager Sean Sun shares his thoughts about investment opportunities arising from AI models and the advantages of active management.
Markets & Economy
Can the Fed Bring Prices Down to Its 2% Target?
Co-Heads of Investments Jeff Klingelhofer and Ben Kirby look at what it will take for the Fed to consider cutting interest rates.
Markets & Economy
Global Market Observations: Is a Recession a Foregone Conclusion?
Co-Heads of Investments Jeff Klingelhofer and Ben Kirby discuss the possibility of a recession in the U.S. and the impact of higher capital costs.
Markets & Economy
Global Markets Observations: Risk Assets Ride Out the Banking Scare
Co-Heads of Investments Jeff Klingelhofer and Ben Kirby discuss market resiliency through the banking tremors and where valuations appear attractive.
Global Equity
Leveraging Automation to Fill China and Japan’s Workforce Gap
China and Japan’s working-age populations are significantly declining. Will robotics and automation fill this inevitable economic growth gap?
Emerging Markets
Emerging Markets Up Close: Opportunities in Saudi Arabia
Emerging Markets comprises more than 25 countries. We kick off a series looking at individual nations within the EM universe and begin with Saudi Arabia.