TMB Overview

Bond ETFs and Vanguard's Fee Cuts: This week's ETF Wrap focuses on the performance of bond ETFs and highlights recent fee reductions by Vanguard.

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Thornburg Investment Management Launches New ETFs: Thornburg has introduced two actively managed bond funds, the Thornburg Core Plus Bond ETF (TPLS) and the Thornburg Multi Sector Bond ETF (TMB), expanding its ETF offerings to meet growing investor demand for diversified bond market exposure.

Investment Strategy and Performance: Both ETFs aim to provide income and capital appreciation through strategic investments in a variety of fixed-income securities, with TPLS allowing up to 25% in high-yield bonds and TMB focusing on broader sector exposure.

Launch of New ETFs: Thornburg Investment Management has launched two active fixed income exchange-traded funds (ETFs), the Thornburg Core Plus Bond ETF and the Thornburg Multi Sector Bond ETF, which began trading on February 5, 2025. This follows their earlier launch of two equity ETFs that attracted over $80 million in investments.

Investment Strategy and Management: Both new ETFs are actively managed with a focus on total return through income and capital appreciation, utilizing high-quality investment-grade bonds and adapting to market changes to optimize returns, reflecting Thornburg's commitment to client-focused investment strategies.

Launch of New ETFs: Thornburg Investment Management has launched its first two exchange-traded funds (ETFs), the Thornburg International Equity ETF and Thornburg International Growth ETF, aimed at providing clients with active investment solutions focused on non-U.S. developed market equities.

Future Plans and Support: The firm plans to introduce two fixed income ETFs in the coming months and has partnered with Goldman Sachs ETF Accelerator for efficient management and launch of these funds, emphasizing their commitment to scalable and successful investment strategies.