Investment Income Builder Fund - Performance

Share Class

Average Annual Total Returns

A Shares (Incep. 12/24/2002) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION
TIBAX with sales charge-19.58%-16.90%-2.30%1.73%4.10%7.52%
TIBAX without sales charge-15.81%-12.98%-0.78%2.68%4.58%7.79%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend0.92%5.31%6.04%7.32%7.55%7.46%
A Shares (Incep. 12/24/2002) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION
TIBAX with sales charge-18.15%-13.82%-1.72%3.05%4.65%7.66%
TIBAX without sales charge-14.31%-9.78%-0.21%4.00%5.13%7.94%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend3.42%10.06%7.41%9.10%8.12%7.64%
A Shares without sales charge
(Incep. 12/24/2002)
Investment Income Builder Blend
2003 32.05% 25.41%
2004 16.87% 12.11%
2005 8.74% 7.76%
2006 24.30% 16.00%
2007 18.20% 8.62%
2008 -34.65% -31.05%
2009 36.59% 24.04%
2010 13.42% 10.90%
2011 0.49% -2.06%
2012 11.36% 13.01%
2013 16.50% 18.92%
2014 4.53% 5.25%
2015 -5.37% -0.33%
2016 9.50% 6.41%
2017 14.78% 17.42%
2018 -4.62% -6.42%
2019 17.66% 22.87%

Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class A Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 1.27%
Actual Annualized Operating Expenses (fiscal year to date, as of 9/30/2020) 1.15%

Morningstar Rating

Overall Morningstar Rating among 394 World Allocation funds, based on risk-adjusted returns for class A shares, using a weighted average of the fund's three-, five- and ten-year ratings: respectively, 2 stars, 2 stars and 3 stars among 394, 338 and 208 funds, as of 9/30/2020.

Yields as of — Class A Shares

30-day SEC Yield With Sales Charge 3.36%
Trailing 12-Month Yield 4.79%

Dividends and Capital Gains — Class A Shares

Dividend (paid Dec 27, 2019) $0.30000
Capital Gains (2018) None Paid

Dividend History — Class A Shares

Q1 Q2 Q3 Q4 ANNUAL
TOTAL
2020
(payable date)
$0.19000
(3/19/2020)
$0.19000
(6/18/2020)
$0.21000
(9/17/2020)

$0.59000
2019
(payable date)
$0.19000
(3/22/2019)
$0.21500
(6/21/2019)
$0.25000
(9/20/2019)
$0.30000
(12/27/2019)
$0.95500
2018
(payable date)
$0.18000
(3/23/2018)
$0.20000
(6/22/2018)
$0.24000
(9/21/2018)
$0.28000
(12/26/2018)
$0.90000
2017
(payable date)
$0.17000
(3/24/2017)
$0.20000
(6/23/2017)
$0.26000
(9/22/2017)
$0.29500
(12/27/2017)
$0.92500
2016
(payable date)
$0.17000
(3/24/2016)
$0.18500
(6/24/2016)
$0.19500
(9/26/2016)
$0.21500
(12/23/2016)
$0.76500
2015
(payable date)
$0.16500
(3/25/2015)
$0.20000
(6/24/2015)
$0.20000
(9/24/2015)
$0.25250
(12/24/2015)
$0.81750
2014
(payable date)
$0.22500
(3/25/2014)
$0.24000
(6/24/2014)
$0.27000
(9/24/2014)
$0.26000
(12/24/2014)
$0.99500
2013
(payable date)
$0.21500
(3/22/2013)
$0.25250
(6/24/2013)
$0.24999
(9/24/2013)
$0.24500
(12/24/2013)
$0.96249
2012
(payable date)
$0.21500
(3/26/2012)
$0.26000
(6/25/2012)
$0.28500
(9/24/2012)
$0.36000
(12/24/2012)
$1.12000
2011
(payable date)
$0.21000
(3/25/2011)
$0.26000
(6/24/2011)
$0.32000
(9/26/2011)
$0.37500
(12/23/2011)
$1.16500
2010
(payable date)
$0.19800
(3/26/2010)
$0.25000
(6/25/2010)
$0.32000
(9/24/2010)
$0.36000
(12/27/2010)
$1.12800
2009
(payable date)
$0.18000
(3/26/2009)
$0.24200
(6/26/2009)
$0.28000
(9/25/2009)
$0.34500
(12/24/2009)
$1.04700
2008
(payable date)
$0.17900
(3/26/2008)
$0.21750
(6/26/2008)
$0.26000
(9/26/2008)
$0.36800
(12/26/2008)
$1.02450
2007
(payable date)
$0.14200
(3/26/2007)
$0.18500
(6/26/2007)
$0.21500
(9/26/2007)
$0.36800
(12/26/2007)
$0.91000
2006
(payable date)
$0.12500
(3/31/2006)
$0.16000
(6/28/2006)
$0.19200
(9/27/2006)
$0.33000
(12/26/2006)
$0.80700
2005
(payable date)
$0.11000
(3/31/2005)
$0.13600
(6/30/2005)
$0.17400
(9/30/2005)
$0.29000
(12/31/2005)
$0.71000
2004
(payable date)
$0.10200
(3/31/2004)
$0.12500
(6/30/2004)
$0.15000
(9/30/2004)
$0.21800
(12/31/2004)
$0.59500
2003
(payable date)
$0.09200
(3/31/2003)
$0.11200
(6/30/2003)
$0.12400
(9/30/2003)
$0.17500
(12/31/2003)
$0.50300
Show All Years

Hypothetical Growth of $10,000 as of (Thornburg Investment Income Builder Fund vs. Investment Income Builder Blend)

A Shares with sales charge
36472.12130000
Investment Income Builder Blend
36124.07540000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Additional Rating and Ranking Information

Average Annual Total Returns

C Shares (Incep. 12/24/2002) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION
TIBCX with sales charge-17.15%-14.50%-1.53%1.93%3.83%7.11%
TIBCX without sales charge-16.34%-13.67%-1.53%1.93%3.83%7.11%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend0.92%5.31%6.04%7.32%7.55%7.46%
C Shares (Incep. 12/24/2002) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION
TIBCX with sales charge-15.62%-11.30%-0.94%3.25%4.38%7.26%
TIBCX without sales charge-14.79%-10.44%-0.94%3.25%4.38%7.26%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend3.42%10.06%7.41%9.10%8.12%7.64%
C Shares without sales charge
(Incep. 12/24/2002)
Investment Income Builder Blend
2003 31.63% 25.41%
2004 16.39% 12.11%
2005 8.16% 7.76%
2006 23.62% 16.00%
2007 17.47% 8.62%
2008 -35.10% -31.05%
2009 35.91% 24.04%
2010 12.65% 10.90%
2011 -0.25% -2.06%
2012 10.68% 13.01%
2013 15.63% 18.92%
2014 3.80% 5.25%
2015 -6.05% -0.33%
2016 8.70% 6.41%
2017 14.00% 17.42%
2018 -5.39% -6.42%
2019 16.86% 22.87%

Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class C Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 2.01%
Actual Annualized Operating Expenses (fiscal year to date, as of 9/30/2020) 1.88%

Morningstar Rating

Overall Morningstar Rating among 394 World Allocation funds, based on risk-adjusted returns for class C shares, using a weighted average of the fund's three-, five- and ten-year ratings: respectively, 1 star, 2 stars and 2 stars among 394, 338 and 208 funds, as of 9/30/2020.

Yields as of — Class C Shares

30-day SEC Yield 2.78%
Trailing 12-Month Yield 4.01%

Dividends and Capital Gains — Class C Shares

Dividend (paid Dec 27, 2019) $0.25558
Capital Gains (2018) None Paid

Dividend History — Class C Shares

Q1 Q2 Q3 Q4 ANNUAL
TOTAL
2020
(payable date)
$0.15584
(3/19/2020)
$0.15721
(6/18/2020)
$0.17549
(9/17/2020)

$0.48854
2019
(payable date)
$0.15513
(3/22/2019)
$0.17672
(6/21/2019)
$0.21241
(9/20/2019)
$0.25558
(12/27/2019)
$0.79984
2018
(payable date)
$0.14267
(3/23/2018)
$0.15984
(6/22/2018)
$0.19893
(9/21/2018)
$0.23923
(12/26/2018)
$0.74068
2017
(payable date)
$0.13647
(3/24/2017)
$0.16250
(6/23/2017)
$0.22225
(9/22/2017)
$0.25492
(12/27/2017)
$0.77614
2016
(payable date)
$0.13946
(3/24/2016)
$0.15061
(6/24/2016)
$0.15901
(9/26/2016)
$0.18046
(12/23/2016)
$0.62955
2015
(payable date)
$0.12890
(3/25/2015)
$0.15973
(6/24/2015)
$0.16298
(9/24/2015)
$0.21759
(12/24/2015)
$0.66920
2014
(payable date)
$0.18957
(3/25/2014)
$0.20036
(6/24/2014)
$0.23195
(9/24/2014)
$0.22172
(12/24/2014)
$0.84360
2013
(payable date)
$0.18229
(3/22/2013)
$0.21561
(6/24/2013)
$0.21477
(9/24/2013)
$0.20739
(12/24/2013)
$0.82005
2012
(payable date)
$0.18446
(3/26/2012)
$0.22875
(6/25/2012)
$0.25327
(9/24/2012)
$0.32694
(12/24/2012)
$0.99342
2011
(payable date)
$0.17718
(3/25/2011)
$0.22540
(6/24/2011)
$0.28921
(9/26/2011)
$0.34532
(12/23/2011)
$1.03711
2010
(payable date)
$0.16906
(3/26/2010)
$0.22063
(6/25/2010)
$0.29281
(9/24/2010)
$0.33014
(12/27/2010)
$1.01264
2009
(payable date)
$0.16407
(3/26/2009)
$0.22087
(6/26/2009)
$0.25368
(9/25/2009)
$0.31774
(12/24/2009)
$0.95636
2008
(payable date)
$0.14461
(3/26/2008)
$0.18460
(6/26/2008)
$0.23070
(9/26/2008)
$0.34814
(12/26/2008)
$0.90805
2007
(payable date)
$0.11190
(3/26/2007)
$0.15105
(6/26/2007)
$0.18076
(9/26/2007)
$0.32985
(12/26/2007)
$0.77356
2006
(payable date)
$0.10230
(3/31/2006)
$0.13527
(6/28/2006)
$0.16530
(9/27/2006)
$0.30160
(12/26/2006)
$0.70447
2005
(payable date)
$0.09110
(3/31/2005)
$0.11690
(6/30/2005)
$0.15620
(9/30/2005)
$0.26841
(12/31/2005)
$0.63261
2004
(payable date)
$0.08400
(3/31/2004)
$0.10900
(6/30/2004)
$0.13600
(9/30/2004)
$0.20240
(12/31/2004)
$0.53140
2003
(payable date)
$0.08300
(3/31/2003)
$0.09500
(6/30/2003)
$0.10400
(9/30/2003)
$0.15900
(12/31/2003)
$0.44100
Show All Years

Hypothetical Growth of $10,000 as of (Thornburg Investment Income Builder Fund vs. Investment Income Builder Blend)

C Shares
34094.07940000
Investment Income Builder Blend
36124.07540000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Additional Rating and Ranking Information

Average Annual Total Returns

I Shares (Incep. 11/3/2003) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBIX-15.63%-12.78%-0.55%2.96%4.90%8.15%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend0.92%5.31%6.04%7.32%7.55%7.46%
I Shares (Incep. 11/3/2003) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBIX-14.11%-9.55%0.06%4.30%5.45%8.30%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend3.42%10.06%7.41%9.10%8.12%7.64%
I Shares* (Incep. 11/3/2003) Investment Income Builder Blend
2003 32.41% 25.41%
2004 17.53% 12.11%
2005 9.19% 7.76%
2006 24.75% 16.00%
2007 18.62% 8.62%
2008 -34.41% -31.05%
2009 37.05% 24.04%
2010 13.79% 10.90%
2011 0.82% -2.06%
2012 11.72% 13.01%
2013 16.85% 18.92%
2014 4.90% 5.25%
2015 -5.10% -0.33%
2016 9.86% 6.41%
2017 15.17% 17.42%
2018 -4.39% -6.42%
2019 17.95% 22.87%

* Since 12/24/2002.
Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.
Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class I Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 1.02%
Actual Annualized Operating Expenses (fiscal year to date, as of 9/30/2020) 0.91%

Morningstar Rating

Overall Morningstar Rating among 394 World Allocation funds, based on risk-adjusted returns for class I shares, using a weighted average of the fund's three-, five- and ten-year ratings: respectively, 2 stars, 2 stars and 3 stars among 394, 338 and 208 funds, as of 9/30/2020.

Yields as of — Class I Shares

30-day SEC Yield 3.73%
Trailing 12-Month Yield 5.04%

Dividends and Capital Gains — Class I Shares

Dividend (paid Dec 27, 2019) $0.31688
Capital Gains (2018) None Paid

Dividend History — Class I Shares

Q1 Q2 Q3 Q4 ANNUAL
TOTAL
2020
(payable date)
$0.20303
(3/19/2020)
$0.20124
(6/18/2020)
$0.22194
(9/17/2020)

$0.62621
2019
(payable date)
$0.20347
(3/22/2019)
$0.22974
(6/21/2019)
$0.26420
(9/20/2019)
$0.31688
(12/27/2019)
$1.01429
2018
(payable date)
$0.19613
(3/23/2018)
$0.21571
(6/22/2018)
$0.25558
(9/21/2018)
$0.29593
(12/26/2018)
$0.96334
2017
(payable date)
$0.18636
(3/24/2017)
$0.21816
(6/23/2017)
$0.27894
(9/22/2017)
$0.31589
(12/27/2017)
$0.99935
2016
(payable date)
$0.18533
(3/24/2016)
$0.20181
(6/24/2016)
$0.21226
(9/26/2016)
$0.23274
(12/23/2016)
$0.83213
2015
(payable date)
$0.18176
(3/25/2015)
$0.21845
(6/24/2015)
$0.21839
(9/24/2015)
$0.27008
(12/24/2015)
$0.88868
2014
(payable date)
$0.24253
(3/25/2014)
$0.25914
(6/24/2014)
$0.28921
(9/24/2014)
$0.27963
(12/24/2014)
$1.07052
2013
(payable date)
$0.23086
(3/22/2013)
$0.27152
(6/24/2013)
$0.26844
(9/24/2013)
$0.26418
(12/24/2013)
$1.03500
2012
(payable date)
$0.23093
(3/26/2012)
$0.27509
(6/25/2012)
$0.30097
(9/24/2012)
$0.37770
(12/24/2012)
$1.18469
2011
(payable date)
$0.22726
(3/25/2011)
$0.27880
(6/24/2011)
$0.33844
(9/26/2011)
$0.39262
(12/23/2011)
$1.23712
2010
(payable date)
$0.21267
(3/26/2010)
$0.26686
(6/25/2010)
$0.33574
(9/24/2010)
$0.37783
(12/27/2010)
$1.19310
2009
(payable date)
$0.19159
(3/26/2009)
$0.25623
(6/26/2009)
$0.29438
(9/25/2009)
$0.36189
(12/24/2009)
$1.10409
2008
(payable date)
$0.19754
(3/26/2008)
$0.23790
(6/26/2008)
$0.27987
(9/26/2008)
$0.38343
(12/26/2008)
$1.09874
2007
(payable date)
$0.16190
(3/26/2007)
$0.20630
(6/26/2007)
$0.23570
(9/26/2007)
$0.39029
(12/26/2007)
$0.99419
2006
(payable date)
$0.14446
(3/31/2006)
$0.17964
(6/28/2006)
$0.21220
(9/27/2006)
$0.35020
(12/26/2006)
$0.88650
2005
(payable date)
$0.11589
(3/31/2005)
$0.14193
(6/30/2005)
$0.18030
(9/30/2005)
$0.29711
(12/31/2005)
$0.73523
2004
(payable date)
$0.11700
(3/31/2004)
$0.13600
(6/30/2004)
$0.16000
(9/30/2004)
$0.22700
(12/31/2004)
$0.64000
2003
(payable date)



$0.14500
(12/31/2003)
$0.14500
Show All Years

Hypothetical Growth of $10,000 as of (Thornburg Investment Income Builder Fund vs. Investment Income Builder Blend)

I Shares
40520.40900000
Investment Income Builder Blend
36124.07540000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.

Additional Rating and Ranking Information

To determine a fund's Morningstar Rating™, funds and other managed products with at least a three-year history are ranked in their categories by their Morningstar Risk-Adjusted Return scores. The top 10% receive 5 stars; the next 22.5%, 4 stars; the middle 35%, 3 stars; the next 22.5%, 2 stars; and the bottom 10% receive 1 star. The Risk-Adjusted Return accounts for variation in a managed product's monthly excess performance (excluding sales charges), placing more emphasis on downward variations and rewarding consistent performance. Other share classes may have different performance characteristics. © 2020 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Lipper ratings for Total Return reflect funds’ historical total return performance (before sales charge) relative to peers.

Lipper ratings for Consistent Return reflect funds’ historical risk-adjusted returns (before sales charge), adjusted for volatility, relative to peers.

Lipper ratings for Preservation reflect the funds’ historical loss avoidance relative to other funds within the fixed income asset class.

The ratings are subject to change every month and are based on an equal-weighted average of percentile ranks for each metric over three-, five-, and ten-year periods (if applicable). The highest 20% of funds in each peer group are named Lipper Leader, or a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2, and the lowest 20% are scored 1. Lipper ratings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. More information is available at www.lipperweb.com. From Refinitiv Lipper Awards, © 2020 Refinitiv. All rights reserved.

Average Annual Total Returns

R3 Shares (Incep. 2/1/2005) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBRX-16.09%-13.35%-1.15%2.33%4.25%7.51%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend0.92%5.31%6.04%7.32%7.55%7.46%
R3 Shares (Incep. 2/1/2005) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBRX-14.52%-10.06%-0.54%3.66%4.80%7.66%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend3.42%10.06%7.41%9.10%8.12%7.64%
R3 Shares* (Incep. 2/1/2005) Investment Income Builder Blend
2003 32.01% 25.41%
2004 16.83% 12.11%
2005 8.20% 7.76%
2006 24.06% 16.00%
2007 17.85% 8.62%
2008 -34.76% -31.05%
2009 36.42% 24.04%
2010 13.14% 10.90%
2011 0.14% -2.06%
2012 11.11% 13.01%
2013 16.09% 18.92%
2014 4.28% 5.25%
2015 -5.72% -0.33%
2016 9.17% 6.41%
2017 14.49% 17.42%
2018 -5.01% -6.42%
2019 17.28% 22.87%

* Since 12/24/2002.
Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.
Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class R3 Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 1.72%
Net Annual Operating Expenses (as reported in the most recent Prospectus) 1.64%
Actual Annualized Operating Expenses (fiscal year to date, as of 9/30/2020) 1.49%

Morningstar Rating

Overall Morningstar Rating among 394 World Allocation funds, based on risk-adjusted returns for class R3 shares, using a weighted average of the fund's three-, five- and ten-year ratings: respectively, 2 stars, 2 stars and 2 stars among 394, 338 and 208 funds, as of 9/30/2020.

Yields as of — Class R3 Shares

30-day SEC Yield 3.19%
Trailing 12-Month Yield 4.42%
Without the fee waivers and expense reimbursements described above, the SEC yield would have been 3.19%.

Dividends and Capital Gains — Class R3 Shares

Dividend (paid Dec 27, 2019) $0.28228
Capital Gains (2018) None Paid

Dividend History — Class R3 Shares

Q1 Q2 Q3 Q4 ANNUAL
TOTAL
2020
(payable date)
$0.17583
(3/19/2020)
$0.16930
(6/18/2020)
$0.19381
(9/17/2020)

$0.53894
2019
(payable date)
$0.17287
(3/22/2019)
$0.19678
(6/21/2019)
$0.22973
(9/20/2019)
$0.28228
(12/27/2019)
$0.88166
2018
(payable date)
$0.16320
(3/23/2018)
$0.18066
(6/22/2018)
$0.21939
(9/21/2018)
$0.26034
(12/26/2018)
$0.82358
2017
(payable date)
$0.15516
(3/24/2017)
$0.18311
(6/23/2017)
$0.24341
(9/22/2017)
$0.27959
(12/27/2017)
$0.86127
2016
(payable date)
$0.15683
(3/24/2016)
$0.16977
(6/24/2016)
$0.17891
(9/26/2016)
$0.20005
(12/23/2016)
$0.70555
2015
(payable date)
$0.14849
(3/25/2015)
$0.18155
(6/24/2015)
$0.18392
(9/24/2015)
$0.23710
(12/24/2015)
$0.75106
2014
(payable date)
$0.20981
(3/25/2014)
$0.22188
(6/24/2014)
$0.25402
(9/24/2014)
$0.24300
(12/24/2014)
$0.92872
2013
(payable date)
$0.20028
(3/22/2013)
$0.23607
(6/24/2013)
$0.23506
(9/24/2013)
$0.22932
(12/24/2013)
$0.90073
2012
(payable date)
$0.20226
(3/26/2012)
$0.24667
(6/25/2012)
$0.27166
(9/24/2012)
$0.34561
(12/24/2012)
$1.06620
2011
(payable date)
$0.19536
(3/25/2011)
$0.24497
(6/24/2011)
$0.30778
(9/26/2011)
$0.36229
(12/23/2011)
$1.11040
2010
(payable date)
$0.18613
(3/26/2010)
$0.23836
(6/25/2010)
$0.31035
(9/24/2010)
$0.34746
(12/27/2010)
$1.08230
2009
(payable date)
$0.17498
(3/26/2009)
$0.23535
(6/26/2009)
$0.26980
(9/25/2009)
$0.33458
(12/24/2009)
$1.01471
2008
(payable date)
$0.16445
(3/26/2008)
$0.20520
(6/26/2008)
$0.24943
(9/26/2008)
$0.36142
(12/26/2008)
$0.98050
2007
(payable date)
$0.13231
(3/26/2007)
$0.17337
(6/26/2007)
$0.20372
(9/26/2007)
$0.35230
(12/26/2007)
$0.86170
2006
(payable date)
$0.12017
(3/31/2006)
$0.15397
(6/28/2006)
$0.18500
(9/27/2006)
$0.32050
(12/26/2006)
$0.77964
2005
(payable date)
$0.03800
(3/31/2005)
$0.13400
(6/30/2005)
$0.17300
(9/30/2005)
$0.28600
(12/31/2005)
$0.63100
Show All Years

Hypothetical Growth of $10,000 as of (Thornburg Investment Income Builder Fund vs. Investment Income Builder Blend)

R3 Shares
36419.46760000
Investment Income Builder Blend
36124.07540000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.

Additional Rating and Ranking Information

Average Annual Total Returns

R4 Shares (Incep. 2/1/2008) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBGX-15.98%-13.20%-1.05%2.43%4.36%7.60%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend0.92%5.31%6.04%7.32%7.55%7.46%
R4 Shares (Incep. 2/1/2008) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBGX-14.46%-10.01%-0.46%3.75%4.90%7.74%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend3.42%10.06%7.41%9.10%8.12%7.64%
R4 Shares* (Incep. 2/1/2008) Investment Income Builder Blend
2003 31.86% 25.41%
2004 16.69% 12.11%
2005 8.58% 7.76%
2006 24.12% 16.00%
2007 18.02% 8.62%
2008 -34.58% -31.05%
2009 36.10% 24.04%
2010 13.30% 10.90%
2011 0.27% -2.06%
2012 11.21% 13.01%
2013 16.21% 18.92%
2014 4.42% 5.25%
2015 -5.65% -0.33%
2016 9.28% 6.41%
2017 14.58% 17.42%
2018 -4.91% -6.42%
2019 17.35% 22.87%

* Since 12/24/2002.
Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.
Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class R4 Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 1.64%
Net Annual Operating Expenses (as reported in the most recent Prospectus) 1.54%
Actual Annualized Operating Expenses (fiscal year to date, as of 9/30/2020) 1.40%

Morningstar Rating

Overall Morningstar Rating among 394 World Allocation funds, based on risk-adjusted returns for class R4 shares, using a weighted average of the fund's three-, five- and ten-year ratings: respectively, 2 stars, 2 stars and 3 stars among 394, 338 and 208 funds, as of 9/30/2020.

Yields as of — Class R4 Shares

30-day SEC Yield 3.29%
Trailing 12-Month Yield 4.52%
Without the fee waivers and expense reimbursements described above, the SEC yield would have been 3.29%.

Dividends and Capital Gains — Class R4 Shares

Dividend (paid Dec 27, 2019) $0.28320
Capital Gains (2018) None Paid

Dividend History — Class R4 Shares

Q1 Q2 Q3 Q4 ANNUAL
TOTAL
2020
(payable date)
$0.17658
(3/19/2020)
$0.18083
(6/18/2020)
$0.19897
(9/17/2020)

$0.55639
2019
(payable date)
$0.17798
(3/22/2019)
$0.20207
(6/21/2019)
$0.23533
(9/20/2019)
$0.28320
(12/27/2019)
$0.89859
2018
(payable date)
$0.17101
(3/23/2018)
$0.18628
(6/22/2018)
$0.22513
(9/21/2018)
$0.26601
(12/26/2018)
$0.84843
2017
(payable date)
$0.16018
(3/24/2017)
$0.18879
(6/23/2017)
$0.24924
(9/22/2017)
$0.28329
(12/27/2017)
$0.88150
2016
(payable date)
$0.16168
(3/24/2016)
$0.17492
(6/24/2016)
$0.18453
(9/26/2016)
$0.20666
(12/23/2016)
$0.72779
2015
(payable date)
$0.15564
(3/25/2015)
$0.18803
(6/24/2015)
$0.18989
(9/24/2015)
$0.24239
(12/24/2015)
$0.77595
2014
(payable date)
$0.21814
(3/25/2014)
$0.22947
(6/24/2014)
$0.26185
(9/24/2014)
$0.25084
(12/24/2014)
$0.96030
2013
(payable date)
$0.20643
(3/22/2013)
$0.24235
(6/24/2013)
$0.24101
(9/24/2013)
$0.23768
(12/24/2013)
$0.92747
2012
(payable date)
$0.20653
(3/26/2012)
$0.25164
(6/25/2012)
$0.27684
(9/24/2012)
$0.35323
(12/24/2012)
$1.08824
2011
(payable date)
$0.20032
(3/25/2011)
$0.25062
(6/24/2011)
$0.31416
(9/26/2011)
$0.36797
(12/23/2011)
$1.13307
2010
(payable date)
$0.19067
(3/26/2010)
$0.24320
(6/25/2010)
$0.31534
(9/24/2010)
$0.35276
(12/27/2010)
$1.10197
2009
(payable date)
$0.17889
(3/26/2009)
$0.24019
(6/26/2009)
$0.27521
(9/25/2009)
$0.33959
(12/24/2009)
$1.03388
2008
(payable date)
$0.06801
(3/26/2008)
$0.22020
(6/26/2008)
$0.25534
(9/26/2008)
$0.36674
(12/26/2008)
$0.91029
Show All Years

Hypothetical Growth of $10,000 as of (Thornburg Investment Income Builder Fund vs. Investment Income Builder Blend)

R4 Shares
36956.01470000
Investment Income Builder Blend
36124.07540000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.

Additional Rating and Ranking Information

Average Annual Total Returns

R5 Shares (Incep. 2/1/2007) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBMX-15.70%-12.86%-0.63%2.85%4.77%8.05%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend0.92%5.31%6.04%7.32%7.55%7.46%
R5 Shares (Incep. 2/1/2007) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBMX-14.17%-9.58%-0.04%4.18%5.33%8.19%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend3.42%10.06%7.41%9.10%8.12%7.64%
R5 Shares* (Incep. 2/1/2007) Investment Income Builder Blend
2003 32.46% 25.41%
2004 17.23% 12.11%
2005 9.07% 7.76%
2006 24.68% 16.00%
2007 18.54% 8.62%
2008 -34.47% -31.05%
2009 37.01% 24.04%
2010 13.76% 10.90%
2011 0.64% -2.06%
2012 11.61% 13.01%
2013 16.70% 18.92%
2014 4.80% 5.25%
2015 -5.22% -0.33%
2016 9.73% 6.41%
2017 14.98% 17.42%
2018 -4.49% -6.42%
2019 17.85% 22.87%

* Since 12/24/2002.
Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.
Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class R5 Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 1.22%
Net Annual Operating Expenses (as reported in the most recent Prospectus) 1.13%
Actual Annualized Operating Expenses (fiscal year to date, as of 9/30/2020) 0.99%

Morningstar Rating

Overall Morningstar Rating among 394 World Allocation funds, based on risk-adjusted returns for class R5 shares, using a weighted average of the fund's three-, five- and ten-year ratings: respectively, 2 stars, 2 stars and 3 stars among 394, 338 and 208 funds, as of 9/30/2020.

Yields as of — Class R5 Shares

30-day SEC Yield 3.70%
Trailing 12-Month Yield 4.96%
Without the fee waivers and expense reimbursements described above, the SEC yield would have been 3.59%.

Dividends and Capital Gains — Class R5 Shares

Dividend (paid Dec 27, 2019) $0.31171
Capital Gains (2018) None Paid

Dividend History — Class R5 Shares

Q1 Q2 Q3 Q4 ANNUAL
TOTAL
2020
(payable date)
$0.19826
(3/19/2020)
$0.19699
(6/18/2020)
$0.21980
(9/17/2020)

$0.61505
2019
(payable date)
$0.19803
(3/22/2019)
$0.22431
(6/21/2019)
$0.25834
(9/20/2019)
$0.31171
(12/27/2019)
$0.99239
2018
(payable date)
$0.19060
(3/23/2018)
$0.20959
(6/22/2018)
$0.24855
(9/21/2018)
$0.28944
(12/26/2018)
$0.93819
2017
(payable date)
$0.18041
(3/24/2017)
$0.21109
(6/23/2017)
$0.27209
(9/22/2017)
$0.30781
(12/27/2017)
$0.97139
2016
(payable date)
$0.18014
(3/24/2016)
$0.19546
(6/24/2016)
$0.20549
(9/26/2016)
$0.22665
(12/23/2016)
$0.80774
2015
(payable date)
$0.17557
(3/25/2015)
$0.21084
(6/24/2015)
$0.21200
(9/24/2015)
$0.26368
(12/24/2015)
$0.86210
2014
(payable date)
$0.23491
(3/25/2014)
$0.25090
(6/24/2014)
$0.28415
(9/24/2014)
$0.27265
(12/24/2014)
$1.04262
2013
(payable date)
$0.22434
(3/22/2013)
$0.26391
(6/24/2013)
$0.26261
(9/24/2013)
$0.25587
(12/24/2013)
$1.00673
2012
(payable date)
$0.22540
(3/26/2012)
$0.27131
(6/25/2012)
$0.29708
(9/24/2012)
$0.37187
(12/24/2012)
$1.16566
2011
(payable date)
$0.22009
(3/25/2011)
$0.27163
(6/24/2011)
$0.33391
(9/26/2011)
$0.38647
(12/23/2011)
$1.21210
2010
(payable date)
$0.20924
(3/26/2010)
$0.26274
(6/25/2010)
$0.34316
(9/24/2010)
$0.37393
(12/27/2010)
$1.18907
2009
(payable date)
$0.19153
(3/26/2009)
$0.25563
(6/26/2009)
$0.29244
(9/25/2009)
$0.35856
(12/24/2009)
$1.09816
2008
(payable date)
$0.19164
(3/26/2008)
$0.23370
(6/26/2008)
$0.27591
(9/26/2008)
$0.38166
(12/26/2008)
$1.08291
2007
(payable date)
$0.10998
(3/26/2007)
$0.20409
(6/26/2007)
$0.23354
(9/26/2007)
$0.38442
(12/26/2007)
$0.93203
Show All Years

Hypothetical Growth of $10,000 as of (Thornburg Investment Income Builder Fund vs. Investment Income Builder Blend)

R5 Shares
39808.09920000
Investment Income Builder Blend
36124.07540000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.

Additional Rating and Ranking Information

Average Annual Total Returns

R6 Shares (Incep. 4/10/2017) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBOX-15.55%-12.69%-0.44%3.01%4.96%8.19%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend0.92%5.31%6.04%7.32%7.55%7.46%
R6 Shares (Incep. 4/10/2017) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION*
TIBOX-14.04%-9.44%0.15%4.35%5.51%8.34%
Benchmark (Since 12/24/2002)
Investment Income Builder Blend3.42%10.06%7.41%9.10%8.12%7.64%
R6 Shares* (Incep. 4/10/2017) Investment Income Builder Blend
2003 32.57% 25.41%
2004 17.32% 12.11%
2005 9.16% 7.76%
2006 24.78% 16.00%
2007 18.65% 8.62%
2008 -34.39% -31.05%
2009 37.12% 24.04%
2010 13.86% 10.90%
2011 0.88% -2.06%
2012 11.79% 13.01%
2013 16.95% 18.92%
2014 4.93% 5.25%
2015 -5.00% -0.33%
2016 9.93% 6.41%
2017 14.97% 17.42%
2018 -4.31% -6.42%
2019 18.08% 22.87%

* Since 12/24/2002.
Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.
Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class R6 Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 0.96%
Net Annual Operating Expenses (as reported in the most recent Prospectus) 0.94%
Actual Annualized Operating Expenses (fiscal year to date, as of 9/30/2020) 0.80%

Morningstar Rating

Overall Morningstar Rating among 394 World Allocation funds, based on risk-adjusted returns for class R6 shares, using a weighted average of the fund's three-, five- and ten-year ratings: respectively, 2 stars, 2 stars and 3 stars among 394, 338 and 208 funds, as of 9/30/2020.

Yields as of — Class R6 Shares

30-day SEC Yield 3.88%
Trailing 12-Month Yield 5.61%
Without the fee waivers and expense reimbursements described above, the SEC yield would have been 3.81%.

Dividends and Capital Gains — Class R6 Shares

Dividend (paid Dec 27, 2019) $0.31966
Capital Gains (2018) None Paid

Dividend History — Class R6 Shares

Q1 Q2 Q3 Q4 ANNUAL
TOTAL
2020
(payable date)
$0.20509
(3/19/2020)
$0.20811
(6/18/2020)
$0.22832
(9/17/2020)

$0.64152
2019
(payable date)
$0.20632
(3/22/2019)
$0.23359
(6/21/2019)
$0.26767
(9/20/2019)
$0.31966
(12/27/2019)
$1.02724
2018
(payable date)
$0.19908
(3/23/2018)
$0.21881
(6/22/2018)
$0.25829
(9/21/2018)
$0.29891
(12/26/2018)
$0.97509
2017
(payable date)

$0.22121
(6/23/2017)
$0.29198
(9/22/2017)
$0.31763
(12/27/2017)
$0.83082
Show All Years

Hypothetical Growth of $10,000 as of (Thornburg Investment Income Builder Fund vs. Investment Income Builder Blend)

R6 Shares
40786.20650000
Investment Income Builder Blend
36124.07540000
The Hypothetical Growth of $10,000 graph compares a hypothetical $10,000 investment in the Fund to the performance of the Index for the stated time period. Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.

Additional Rating and Ranking Information
Important Information