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Thornburg Investment Income Builder A USD Acc

Ranked 5 out of 28 in - Aggressive USD over 12 months
All calculations are in GBP unless stated

Managed by

Jason Brady

Jason Brady is portfolio manager of the Thornburg Limited Term US Government Strategy, the Limited Term Income Strategy, the Investment Income Builder Strategy, the Multisector Opportunistic Strategy and the Low Duration Income Strategy. He joined Thornburg in 2006 as an associate portfolio manager and was promoted to portfolio manager in 2007. Jason is a CFA Charterholder and holds a BA with honours in environmental biology and English from Dartmouth College, and an MBA with concentrations in analytical finance and accounting from Northwestern’s Kellogg Graduate School of Management.

Matt Burdett

Ben Kirby

Ben Kirby is a equity portfolio manager at Thornburg Investment Management. He joined the group in 2008 as an equity research analyst, was promoted to associate portfolio manager in 2011, and was named portfolio manager in 2013. Ben holds a BA in computer science from Fort Lewis College and an MBA from Duke University’s Fuqua School of Business. Prior to graduate school, Ben was a software engineer at Pinnacle Business Systems in Oklahoma City, Oklahoma. He is a CFA charterholder.

Brian J. McMahon

Brian McMahon is chief executive officer and chief investment officer of Thornburg Investment Management and is responsible for the company’s overall investment activity. He is also portfolio manager of the Thornburg Investment Income Builder Strategy, the Global Opportunities Strategy and the Global Equity Income Strategy. Brian was named president of Thornburg Investment Management in 1997 and CEO in 2008. He was portfolio manager of Thornburg’s laddered municipal bond portfolios from their inception until 2000, and remains actively involved in securities analysis for other Thornburg portfolios. Brian holds an MBA from Dartmouth College’s Amos Tuck School and a BA in economics and Russian studies from the University of Virginia.

Objective

The investment objective of the Fund is to provide yield above a blended index comprised of 25% Barclays Aggregate Bond Index and 75% MSCI World Index. The secondary goal is long-term capital appreciation. The fund will invest at least 80% of its NAV in Equities and Debt Securities that are income producing, subject to at least 50% of its NAV being invested in common stocks. The Fund may invest in securities of issuers located anywhere in the world, including issuers in developing or emerging markets

Showing fund performance in United Kingdom View performance globally

Performance

Aggressive USD over : 31/03/2018 - 31/03/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 4.4%
2018 0.2% -5.6% 6.0% 5.7% -5.2%
2017 4.2% 2.0% -0.6% 0.5% 2.1%
2016 29.9% 2.8% 9.9% 6.6% 7.8%
2015 0.2% 7.3% -5.8% -5.4% 4.9%
2014 11.9% 2.5% 0.8% 4.5% 3.7%
2013 11.1% 15.0% -2.9% -2.7% 2.2%
2012 1.5% 1.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2018

Top 10 Holdings

Stock Size
Orange SA ORD 4.02%
Electricite de France SA ORD 3.99%
Walgreens Boots Alliance Inc ORD 3.95%
Merck & Co Inc ORD 3.29%
Qualcomm Inc ORD 3.08%
CME Group Inc ORD 2.92%
NN Group NV ORD 2.83%
Enel SpA ORD 2.77%
China Mobile Ltd ORD 2.59%
Taiwan Semiconductor Manufacturing Co Ltd DR 2.46%
31/12/2018

Registered For Sale In

  1. Ireland
  2. Switzerland
  3. United Kingdom

Fund Info

  • Launch date29/06/2012
  • Share Class size10Mn
  • Base currencyUSD
  • ISIN IE00B7FL4N74

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).