![Jeff-Klingelhofer-1x1](https://s40910.pcdn.co/wp-content/uploads/2021/12/Jeff-Klingelhofer-1x1-1-768x768.jpg.optimal.jpg)
Jeff Klingelhofer, CFA
Co-Head of Investments and Managing Director
Jeff Klingelhofer is co-head of investments for Thornburg Investment Management. He is responsible for driving the investment process at the firm level. Jeff is also a portfolio manager on multiple strategies. He joined the firm in 2010, then was promoted to associate portfolio manager in 2012. In 2015, Jeff was made portfolio manager and managing director.
Jeff earned a BA in economics with a minor in business from the University of California at Irvine, and an MBA from the University of Chicago Booth School of Business in 2010. He is also a CFA charterholder. Prior to joining Thornburg Investment Management, Jeff spent four years with PIMCO, where he was responsible for monitoring portfolio leverage and risk tolerances.
Investments Managed
Insights
![Woman calculates some financial decisions over her desk.](https://s40910.pcdn.co/wp-content/uploads/2024/04/GettyImages-1445991313-475x309.jpg.optimal.jpg)
Observations: The Value of Dividends and Munis to Stoke Income
![Woman sits at her desk analyzing financial forecasts](https://s40910.pcdn.co/wp-content/uploads/2024/04/GettyImages-1899278152-463x309.jpg.optimal.jpg)
Observations: Market Concentration and the Fed’s Policy Outlook
![Man sits at a table during a meeting and checks the news on his phone.](https://s40910.pcdn.co/wp-content/uploads/2024/04/GettyImages-748328127-464x309.jpg.optimal.jpg)
Observations: Are Investors Too Complacent?
![Webcasts image, fixed income portfolios as the fed ponders a pivot.](https://s40910.pcdn.co/wp-content/uploads/2022/04/TL0734-ponder-1920x1080-2-550x309.jpg.optimal.jpg)
How to Position Bond Portfolios as the Fed Ponders a Pivot
![Balanced approach for GDP vs. GDI](https://s40910.pcdn.co/wp-content/uploads/2024/02/TD0725-cover-550x309.jpg.optimal.jpg)
What Does the Gap between GDP and GDI Signal for Investors?
![Various bottles representing alchemy of Low Interest Rates: Corporate and Government Bonds](https://s40910.pcdn.co/wp-content/uploads/2022/04/TL0722-cover-550x309.jpg.optimal.jpg)
The End of Low-Interest Rate Alchemy: Corporates and Government
![2024 Global Fixed Income showing an unwinding view.](https://s40910.pcdn.co/wp-content/uploads/2022/04/TL0706-outlook-gfi-image-550x309.png)
2024 Outlook – Global Fixed Income: Year of the Bond?
![2024 Outlook Unwinding Mixed Signals in Financial Markets](https://s40910.pcdn.co/wp-content/uploads/2022/04/TL0706-outlook-homepage-550x309.png)
2024 Outlook: Unwinding Mixed Signals in the Financial Markets
![A collection of antique glass bottles in a dusty shop window in the Hudson River Valley of New York.](https://s40910.pcdn.co/wp-content/uploads/2022/04/TL0699-cover-550x309.jpg.optimal.jpg)
The End of Low-Interest Rate Alchemy: Impact on the Consumer
![Bright orange stairs lead up against a stark industrial grey wall](https://s40910.pcdn.co/wp-content/uploads/2022/04/TL0688-cover-550x309.jpg.optimal.jpg)