Bond mutual funds and exchange-traded funds are a different story. .... “The idea with most of them is to offer performance properties similar to bonds,” says Josh Charlson, director of manager research, alternative strategies at Morningstar . The big.
Santa Fe, N.M., fund shop Thornburg Investment Management (15th) is another addition, with 19 funds and $55 billion under management. Last year, the $16 billion Thornburg Investment Income Builder (TIBAX) was reclassified from mixed-asset to general .
The $16.1 billion Thornburg Investment Income Builder Fund (TIBAX ... a total return of 14.07% for the 12 months through October 9, per Morningstar Inc. This beats the average of peer funds by 2.38 percentage points and Morningstar's benchmark for the.
Ben Kirby, a co-manager of the Thornburg Investment Income Builder fund , which holds the stock, likens it to an inflation-protected bond. Although the Rome-based company is little known in the U.S., with a ... Additionally, “Bard's presence in oncology.
As a result, “yield-oriented investors have been driven out of traditional income investments like Treasuries or corporate debt, and pushed into debt-like equities,” says Ben Kirby, co-portfolio manager of the Thornburg Investment Income Builder fund.
An analysis by investment researcher Morningstar supports that conclusion. ... The same goes for Thornburg Investment Income Builder TIBAX, +0.14% and Fidelity Global Balanced FGBLX, +0.04% , which ranked fifth and seventh overall, respectively.
Out of 4,817 stock and bond funds in Morningstar's database, just 127 managed to hurdle that bar over the past five years. (All fund -performance data is to March 1.) Virtually all those funds focused either on foreign and emerging-markets stocks or on.
Read Thornburg Investment Income Builder 4Q Commentary for more insights. https://www.thornburg.com/products-performance/mutual-funds/commentary.aspx?id=FIB.
Investment products — presumably mutual funds and exchange-traded funds — are “overly complex,” according to 40% of investors polled in a recent survey by the MFS fund management company, with the proportion rising to 51% for younger investors.
If oil prices flatten out or even fall, that won't hurt Suncor (SU, -0.46%) , which can stay profitable as long as oil stays above $24 a barrel, says Ben Kirby, comanager of the $15.8 billion Thornburg Investment Income Builder Fund . Calgary-based.
The $16 billion Thornburg Investment Income Builder Fund's Ben Kirby scours the world for investments. He shared three of his favorites stocks — from China, Italy and here in the U.S. — in an interview. The mutual fund's income objective sets it.
The funds now serve as the building blocks of the Destinations fee-based mutual fund advisory portfolios, which launched in 1995 and currently have $9.3 billion in assets under management (as of March 31). With the funds ... Thornburg Investment.
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Over the past five years, the annualized return of stock funds has been more than 10 percent, while bond funds delivered just under 5 percent, according to Morningstar ... of the stock portion of Thornburg Investment Income Builder "A," a balanced fund.