Thornburg Investment Income Fund Quote
| TIBMX Fund | USD 24.36 0.07 0.29% |
Performance7 of 100
| Odds Of DistressLess than 20
|
Thornburg Investment is trading at 24.36 as of the 18th of April 2024; that is 0.29 percent increase since the beginning of the trading day. The fund's open price was 24.29. Thornburg Investment has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Thornburg Investment Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
The fund pursues its investment goals by investing in a broad range of income producing securities, primarily including stocks and bonds. It will under normal conditions invest at least 80 percent of its net assets in income-producing securities, and at least 50 percent of its net assets in common stocks.. More on Thornburg Investment Income
Moving together with Thornburg Mutual Fund
| 0.85 | TVRRX | Thornburg Value | PairCorr |
| 0.84 | TVRFX | Thornburg Value | PairCorr |
| 0.89 | TGIRX | Thornburg International | PairCorr |
| 0.89 | TGVAX | Thornburg International | PairCorr |
| 0.89 | TGVIX | Thornburg International | PairCorr |
| 0.89 | TGVRX | Thornburg International | PairCorr |
| 0.77 | THCGX | Thornburg E Growth | PairCorr |
Thornburg Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Thornburg Investment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thornburg Investment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Thornburg Funds, Large Value Funds, World Allocation Funds, World Allocation, Thornburg, Large Value, World Allocation (View all Sectors) |
| Update Date | 31st of March 2024 |
Thornburg Investment Income [TIBMX] is traded in USA and was established 18th of April 2024. Thornburg Investment is listed under Thornburg category by Fama And French industry classification. The fund is listed under World Allocation category and is part of Thornburg family. This fund at this time has accumulated 15.07 B in assets with no minimum investment requirementsThornburg Investment is currently producing year-to-date (YTD) return of 3.23% with the current yeild of 0.05%, while the total return for the last 3 years was 6.85%.
Check Thornburg Investment Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Thornburg Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Thornburg Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Thornburg Investment Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Thornburg Investment Income Mutual Fund Constituents
| ABBV | AbbVie Inc | Stock | Health Care |
| AVGO | Broadcom | Stock | Information Technology |
| CME | CME Group | Stock | Financials |
| HD | Home Depot | Stock | Consumer Discretionary |
| JPM | JPMorgan Chase Co | Stock | Financials |
| MRK | Merck Company | Stock | Health Care |
| NNGPF | NN Group NV | Pink Sheet | Insurance—Diversified |
Thornburg Investment Target Price Odds Analysis
Based on a normal probability distribution, the odds of Thornburg Investment jumping above the current price in 90 days from now is about 35.13%. The Thornburg Investment Income probability density function shows the probability of Thornburg Investment mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Thornburg Investment has a beta of 0.5595. This usually implies as returns on the market go up, Thornburg Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thornburg Investment Income will be expected to be much smaller as well. Additionally, thornburg Investment Income has an alpha of 0.0047, implying that it can generate a 0.004684 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Thornburg Investment to move above the current price in 90 days from now is about 35.13 (This Thornburg Investment Income probability density function shows the probability of Thornburg Mutual Fund to fall within a particular range of prices over 90 days) .
Thornburg Investment Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Thornburg Investment market risk premium is the additional return an investor will receive from holding Thornburg Investment long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Thornburg Investment. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Thornburg Investment's alpha and beta are two of the key measurements used to evaluate Thornburg Investment's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.348 | |||
| Semi Deviation | 0.4343 | |||
| Standard Deviation | 0.4646 | |||
| Variance | 0.2159 |
Thornburg Investment Against Markets
Picking the right benchmark for Thornburg Investment mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Thornburg Investment mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Thornburg Investment is critical whether you are bullish or bearish towards Thornburg Investment Income at a given time. Please also check how Thornburg Investment's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Thornburg Investment without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Thornburg Mutual Fund?
Before investing in Thornburg Investment, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Thornburg Investment. To buy Thornburg Investment fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Thornburg Investment. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Thornburg Investment fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Thornburg Investment Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Thornburg Investment Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Thornburg Investment Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Thornburg Investment Income?
The danger of trading Thornburg Investment Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Thornburg Investment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Thornburg Investment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Thornburg Investment is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thornburg Investment Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.