Thornburg Investment Management which oversees $43 billion in assets said to have launched Thornburg Core Plus Bond Fund to a strong line-up of proven global taxable fixed-income solutions, on Wednesday.
The investment firm said the fund seeks to maximize total return, consistent with the long-term preservation of capital.
Jeff Klingelhofer, Co-Head of Investments at Thornburg said, “Our unique team structure and active, fundamental investment process seek to add value across the credit and duration spectrum.”
“The Thornburg Core Plus Bond Fund offers clients a much-needed solution for what is typically a large allocation within an investor’s bond portfolio and it fits seamlessly within our investing framework and platform,” Klingelhofer added.
The investment firm said the fund will invest in United States investment-grade fixed-income bonds with the flexibility to invest in below-grade securities and bonds from non-U.S. issuers to achieve its total return objective while having Jeff Klingelhofer, Lon Erickson, and Christian Hoffmann as co-portfolio managers.
The New Mexico Santa Fe-based company is an investment firm that delivers on strategy for institutions, financial professionals, and investors worldwide, with $43 billion in its client assets. The company offers mutual funds, closed-end funds, institutional accounts, separate accounts and UCITS funds for non-U.S. investors.
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