# Thornburg Investment Income Builder Fund Class C (TIBCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tibcx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Thornburg · Asset class: Equity - Strategy: Thematic · Inception: 2002-12-24 The fund's primary aim is to generate a substantial stream of current income, specifically targeting a yield higher than the typical return from U.S. equities; achieving long-term capital appreciation is a secondary objective. To accomplish these goals, it strategically allocates capital across a diverse portfolio of assets designed to produce income, predominantly comprising equities and fixed-income instruments. Under normal circumstances, at least 80% of its total assets will be deployed into income-generating investments, with common stocks making up no less than half of the portfolio. ## Key Facts | Metric | Value | |---|---| | Price | $36.90 | | Expense Ratio | 1.90% | | Assets Under Management | $22.64B | | NAV | $36.90 | | Holdings Count | — | | Distribution Yield (TTM) | 2.81% | | Annual Distribution (TTM) | $1.04 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $31.14 – $38.80 | | Beta | 0.77 | ## Latest Distribution - Amount: $0.2524 /share - Ex-date: 2026-09-17 - Pay date: 2026-09-17 ## Frequently Asked Questions ### What does TIBCX invest in? The fund's primary aim is to generate a substantial stream of current income, specifically targeting a yield higher than the typical return from U.S. equities; achieving long-term capital appreciation is a secondary objective. To accomplish these goals, it strategically allocates capital across a diverse portfolio of assets designed to produce income, predominantly comprising equities and fixed-income instruments. Under normal circumstances, at least 80% of its total assets will be deployed into income-generating investments, with common stocks making up no less than half of the portfolio. ### What is the expense ratio of TIBCX? Thornburg Investment Income Builder Fund Class C (TIBCX) charges an expense ratio of 1.90%. This is the annual fee deducted from fund assets to cover management and operations. ### What is TIBCX's dividend yield? TIBCX's trailing-twelve-month yield is 2.81%, calculated from the sum of dividends over the past year divided by the current price. ### How big is TIBCX? Thornburg Investment Income Builder Fund Class C (TIBCX) manages $22.64B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is TIBCX actively managed or an index fund? TIBCX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was TIBCX launched? Thornburg Investment Income Builder Fund Class C (TIBCX) launched in December 2002 and is managed by Thornburg. ### Does TIBCX pay a dividend? Yes, Thornburg Investment Income Builder Fund Class C (TIBCX) distributes dividends to shareholders. The trailing-twelve-month yield is 2.81%. Full dividend history is on this page. ### How often does TIBCX pay dividends? Thornburg Investment Income Builder Fund Class C pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is TIBCX's next ex-dividend date? The most recently announced ex-dividend date for TIBCX was 2026-09-17. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will TIBCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.90% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TIBCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TIBCX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TIBCX cost more than a fund like VOO? TIBCX's strategy (current expense ratio 1.90%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where TIBCX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to TIBCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TIBCX (1.90%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tibcx - Distribution history: https://www.dividenddata.com/funds/tibcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tibcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tibcx/expenses - Peer comparison: https://www.dividenddata.com/funds/tibcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.