Thornburg's New Bond ETF Launches: A Peek Into TPLS And TMB

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Zinger Key Points
  • Just last month, the firm had introduced its first two actively managed ETFs, which have already attracted more than $80 million.
  • The new bond ETFs aim to provide investors with diversified bond market exposure through strategic, active management.
  • Brand New Membership Level: Benzinga Trade Alerts

Thornburg Investment Management is spreading its roots in the ETF space with the launch of two actively managed bond funds.

The Thornburg Core Plus Bond ETF TPLS and the Thornburg Multi Sector Bond ETF TMB aim to provide investors with diversified bond market exposure through strategic, active management.

The latest launches build on Thornburg's growing ETF footprint. Just last month, the firm introduced its first two actively managed ETFs, the Thornburg International Equity ETF TXUE and the Thornburg International Growth ETF TXUG. These funds have already attracted more than $80 million in investments.

Also Read: Cohen & Steers Expands Active ETF Offerings With Three New Funds

"With over $80 million in client inflows, it's clear that investors look to Thornburg's four decades of investing excellence and prudent risk management to achieve their long-term financial goals," said Mark Zinkula, CEO of Thornburg Investment Management. "Expanding our ETF lineup with two fixed-income ETFs reflects our commitment to meeting long-term client demand."

Disciplined Investment With TPLS

The Thornburg Core Plus Bond ETF is designed to provide income and capital appreciation with flexibility to invest in a broad range of bonds and related instruments. The net expense ratio of 45 basis points.

Up to 25% of the ETF’s net assets can be allocated to high-yield bonds, offering the potential for higher income and diversification.

Expanding Sector Exposure With TMB

The Thornburg Multi Sector Bond ETF is ideal for investors seeking broader exposure to fixed-income markets. With a net expense ratio of 0.55%, TMB invests in various fixed-income securities, including mortgage-backed securities, structured notes, bank loans, and zero-coupon bonds.

Like TPLS, it seeks to generate both income and capital appreciation. It does so through a more extensive selection of fixed-income assets.

As demand for actively managed bond funds grows, Thornburg's latest ETFs provide additional tools for portfolio diversification and income generation.

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