(TBLD) Thornburg Income Builder - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8852131080

Income, Fund, Portfolio, Diversified, Yield

Stock: Asset Management & Custody Banks
Age 4.5y
MCap 662m
Avg Vol 64.1K (1.32M USD)
Beta 0.337
Volatility 10.90%

EPS (Earnings per Share)

EPS (Earnings per Share) of TBLD over the last years for every Quarter: "2021-09": null, "2022-09": null, "2023-09": null, "2024-09": null, "2025-09": null,

Revenue

Revenue of TBLD over the last years for every Quarter: 2021-09: null, 2022-09: null, 2023-09: null, 2024-09: null, 2025-09: null,
Rev. CAGR: 0.00%
Qual. Beats: 0

Dividends

Dividend Yield 6.56%
Yield on Cost 5y 8.71%
Yield CAGR 5y 24.47%
Payout Consistency 98.7%
Payout Ratio -
Risk via 5d forecast
Volatility 10.9%
Value at Risk 5%th 18.2%
Relative Tail Risk 1.71%
Reward TTM
Sharpe Ratio 1.97
Alpha 25.30
CAGR/Max DD 1.99
Character TTM
Hurst Exponent 0.287
Beta 0.337
Beta Downside 0.379
Drawdowns 3y
Max DD 9.88%
Mean DD 2.04%
Median DD 1.58%

Description: TBLD Thornburg Income Builder December 27, 2025

Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) is a U.S.-based common stock that operates within the Asset Management & Custody Banks sub-industry of the GICS classification.

As of the latest filing, the trust manages roughly $1.2 billion in assets under management (AUM) and distributes a quarterly dividend yielding about 5.8%, positioning it as an attractive income-focused vehicle. Its performance is closely tied to interest-rate dynamics; a rising rate environment can boost the fund’s net interest income, while higher volatility in credit markets may pressure its underlying holdings. Additionally, the fund’s expense ratio sits near 0.85%, which is competitive relative to peers in the closed-end fund space.

If you’re looking for a data-rich, side-by-side comparison of TBLD’s valuation metrics and risk profile, ValueRay offers a free analytics dashboard that can help you assess whether the trust aligns with your income-generation objectives.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 97.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.0 > 0.02 and ΔFCF/TA 0.0 > 1.0
NWC/Revenue: 2.08% < 20% (prev 1.63%; Δ 0.44% < -1%)
CFO/TA 0.14 > 3% & CFO 97.7m > Net Income 97.7m
Net Debt (-569.2k) to EBITDA (97.7m): -0.01 < 3
Current Ratio: 1.68 > 1.5 & < 3
Outstanding Shares: last quarter (32.1m) vs 12m ago 0.0% < -2%
Gross Margin: 100.0% > 18% (prev 1.0%; Δ 9900 % > 0.5%)
Asset Turnover: 16.55% > 50% (prev 22.14%; Δ -5.59% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM)

Altman Z'' 10.00

A: 0.00 (Total Current Assets 5.24m - Total Current Liabilities 3.12m) / Total Assets 684.9m
B: 0.06 (Retained Earnings 38.9m / Total Assets 684.9m)
C: 0.16 (EBIT TTM 97.7m / Avg Total Assets 617.6m)
D: 155.5 (Book Value of Equity 680.5m / Total Liabilities 4.38m)
Altman-Z'' Score: 164.5 = AAA

Beneish M

DSRI: 0.96 (Receivables 4.68m/5.80m, Revenue 102.2m/121.8m)
GMI: 1.0 (GM 100.0% / 100.0%)
AQI: none (AQ_t none / AQ_t-1 none)
SGI: 0.84 (Revenue 102.2m / 121.8m)
TATA: 0.0 (NI 97.7m - CFO 97.7m) / TA 684.9m)
Beneish M-Score: cannot calculate (missing components)

ValueRay F-Score (Strict, 0-100) 62.77

1. Piotroski: 5.0pt
2. FCF Yield: 0.0%
3. FCF Margin: 0.0%
4. Debt/Equity: data missing
5. Debt/Ebitda: -0.01
6. ROIC - WACC: 7.18%
7. RoE: 15.52%
8. Revenue Trend: data missing
9. EPS Trend: data missing

What is the price of TBLD shares?

As of January 28, 2026, the stock is trading at USD 21.07 with a total of 98,894 shares traded.
Over the past week, the price has changed by +2.88%, over one month by +5.90%, over three months by +7.48% and over the past year by +33.32%.

Is TBLD a buy, sell or hold?

Thornburg Income Builder has no consensus analysts rating.

What are the forecasts/targets for the TBLD price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 26.1 24.1%

TBLD Fundamental Data Overview January 21, 2026

P/E Trailing = 6.7862
P/S = 6.4854
P/B = 0.9726
Revenue TTM = 102.2m USD
EBIT TTM = 97.7m USD
EBITDA TTM = 97.7m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = -569.2k USD (from netDebt column, last quarter)
Enterprise Value = 661.3m USD (661.8m + (null Debt) - CCE 569.2k)
Interest Coverage Ratio = unknown (Ebit TTM 97.7m / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 661.3m)
FCF Margin = 0.0% (FCF TTM 0.0 / Revenue TTM 102.2m)
Net Margin = 95.57% (Net Income TTM 97.7m / Revenue TTM 102.2m)
Gross Margin = 100.0% ((Revenue TTM 102.2m - Cost of Revenue TTM 0.0) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.97 (Enterprise Value 661.3m / Total Assets 684.9m)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 77.2m (EBIT 97.7m * (1 - 21.00%))
Current Ratio = 1.68 (Total Current Assets 5.24m / Total Current Liabilities 3.12m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = -0.01 (Net Debt -569.2k / EBITDA 97.7m)
Debt / FCF = unknown (Net Debt -569.2k / FCF TTM 0.0)
Total Stockholder Equity = 629.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.82% (Net Income 97.7m / Total Assets 684.9m)
RoE = 15.52% (Net Income TTM 97.7m / Total Stockholder Equity 629.4m)
RoCE = 14.33% (EBIT 97.7m / Capital Employed (Total Assets 684.9m - Current Liab 3.12m))
RoIC = 14.34% (EBIT 97.7m / (Assets 684.9m - Curr.Liab 3.12m - Cash 569.2k))
WACC = 7.16% (E(661.8m)/V(661.8m) * Re(7.16%) + (debt-free company))
Discount Rate = 7.16% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)
Revenue Correlation: N/A | Revenue CAGR: 0.0% | SUE: N/A | # QB: 0

Additional Sources for TBLD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle