# Thornburg Core Plus Bond ETF (TPLS): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tpls for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Thornburg · Asset class: Fixed Income - Strategy: Thematic · Inception: 2025-02-04 The Thornburg Core Plus Bond ETF (TPLS) seeks to generate comprehensive returns, combining both current income and capital growth, through a diverse fixed-income portfolio. Its investments encompass a broad range of assets, including corporate debt, government obligations, mortgage-backed securities, asset-backed securities, and bank loans. The fund offers significant flexibility, permitting investments in securities of any credit quality and maturity. Although primarily focused on domestic issuers, it has the ability to invest in international debt, including those denominated in foreign c... ## Key Facts | Metric | Value | |---|---| | Price | $24.45 | | Expense Ratio | 0.45% | | Assets Under Management | $20.1M | | NAV | $24.46 | | Holdings Count | 0 | | Distribution Yield (TTM) | 4.97% | | Annual Distribution (TTM) | $1.21 /share | | Distribution Frequency | Monthly | | 52-Week Range | $23.85 – $26.00 | | Beta | 0.07 | ## Latest Distribution - Amount: $0.0883 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does TPLS invest in? The Thornburg Core Plus Bond ETF (TPLS) seeks to generate comprehensive returns, combining both current income and capital growth, through a diverse fixed-income portfolio. Its investments encompass a broad range of assets, including corporate debt, government obligations, mortgage-backed securities, asset-backed securities, and bank loans. The fund offers significant flexibility, permitting investments in securities of any credit quality and maturity. Although primarily focused on domestic issuers, it has the ability to invest in international debt, including those denominated in foreign currencies, with an explicit limit of 25% on foreign currency exposure. Furthermore, the fund can allocate up to 25% of its assets to high-yield bonds, and its exposure to emerging markets is capped at 15%. Investment selections are driven by rigorous fundamental research, utilizing both internal expertise and external analysis to thoroughly evaluate credit profiles, prevailing economic conditions, and intrinsic valuations. Derivatives may also be employed to enhance portfolio performance or manage potential risks. Holdings can be adjusted or sold to modify duration, reduce overall risk, or capitalize on more attractive investment opportunities. ### What is the expense ratio of TPLS? Thornburg Core Plus Bond ETF (TPLS) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations. ### What is TPLS's dividend yield? TPLS's trailing-twelve-month yield is 4.97%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of TPLS? Effective duration measures TPLS's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TPLS's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of TPLS? TPLS's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of TPLS? Yield to maturity (YTM) is the total return you'd earn from TPLS if every bond in the portfolio is held to maturity at the current price. TPLS's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does TPLS pay a dividend? Yes, Thornburg Core Plus Bond ETF (TPLS) distributes dividends to shareholders. The trailing-twelve-month yield is 4.97%. Full dividend history is on this page. ### How often does TPLS pay dividends? Thornburg Core Plus Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is TPLS's next ex-dividend date? The most recently announced ex-dividend date for TPLS was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will TPLS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.45% 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 TPLS charge its expense ratio? The expense ratio is deducted in tiny daily slices from TPLS'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 TPLS cost more than a fund like VOO? TPLS's strategy (current expense ratio 0.45%) 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 TPLS sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to TPLS? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as TPLS (0.45%) 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/tpls - Distribution history: https://www.dividenddata.com/funds/tpls/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tpls/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tpls/expenses - Peer comparison: https://www.dividenddata.com/funds/tpls/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.