TPLS

Thornburg Core Plus Bond ETF

$25.58

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Thornburg Core Plus Bond ETF seeks to provide current income and capital appreciation by investing in a diversified portfolio of fixed-income securities.

Overview

ETF tracking Thornburg Core Plus Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2025-02-05

Market Cap $19.2M

Average Volume N/A

Dividend Yield 3.23%

52-Week Range $24.79 - $25.95

VWAP $25.61

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Thornburg Core Plus Bond ETF seeks to provide current income and capital appreciation by investing in a diversified portfolio of fixed-income securities.

🎯 Investment Strategy

The fund invests primarily in investment-grade bonds and other debt instruments, including U.S. government securities, corporate bonds, and mortgage-backed securities. The portfolio managers may also tactically allocate a portion of the fund's assets to high-yield bonds and other non-investment-grade debt to enhance income and total return potential.

✨ Key Features

Actively managed fixed-income ETF with a core-plus strategy
Invests in a diversified portfolio of investment-grade and non-investment-grade bonds
Aims to provide current income and capital appreciation
Utilizes tactical allocation to high-yield bonds to enhance return potential

⚠️ Primary Risks

Interest rate risk: The fund's performance may be negatively impacted by rising interest rates
Credit risk: The fund is exposed to the risk of default or downgrade of the underlying bonds
Liquidity risk: Some of the fund's holdings may have limited liquidity, which could impact the fund's ability to sell positions
Sector concentration risk: The fund may have significant exposure to certain sectors, which could increase volatility

👤 Best For

The Thornburg Core Plus Bond ETF may be suitable for investors seeking a diversified fixed-income investment with the potential for higher income and total return than a traditional core bond fund. Investors should have a moderate risk tolerance and a medium-term investment horizon.