Key stats
About Thornburg Core Plus Bond ETF
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Inception date
Feb 4, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Thornburg Investment Management, Inc.
Distributor
ALPS Distributors, Inc.
ISIN
US88521L1089
TPLS builds a diversified fixed-income portfolio focused on total return through both income and capital appreciation. Investments include corporate bonds, government securities, MBS, ABS, and bank loans. The fund is flexible, allowing investments in securities of any credit quality and maturity. While it primarily invests in domestic issuers, it may also hold foreign debt, including obligations denominated in non-U.S. currencies, with foreign currency exposure limited to 25%. Additionally, the fund may allocate up to 25% of its assets to high-yield bonds, and exposure to emerging markets is capped at 15%. Security selection relies on fundamental research, which involves proprietary and third-party analysis to evaluate credit quality, economic trends, and valuation. Derivatives may also be used to enhance the portfolio or hedge risks. Positions may be sold to adjust duration, mitigate risk, or take advantage of more attractive opportunities.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Securitized
Government
Bonds, Cash & Other100.00%
Corporate35.40%
Securitized34.45%
Government27.60%
Mutual fund2.48%
Cash0.06%
Stock breakdown by region
North America96.89%
Oceania1.41%
Europe1.07%
Latin America0.40%
Middle East0.23%
Asia0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TPLS invests in bonds. The fund's major sectors are Corporate, with 35.40% stocks, and Securitized, with 34.45% of the basket. The assets are mostly located in the North America region.
TPLS top holdings are United States Treasury Bond 3.0% 15-MAY-2045 and United States Treasury Bond 4.625% 15-NOV-2044, occupying 7.56% and 5.20% of the portfolio correspondingly.
TPLS last dividends amounted to 0.08 USD. The month before, the issuer paid 0.09 USD in dividends, which shows a 16.46% decrease.
TPLS assets under management is 19.16 M USD. It's risen 0.93% over the last month.
TPLS fund flows account for 8.86 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TPLS pays dividends to its holders with the dividend yield of 4.26%. The last dividend (Sep 30, 2025) amounted to 0.08 USD. The dividends are paid monthly.
TPLS shares are issued by Thornburg Investment Management, Inc. under the brand Thornburg. The ETF was launched on Feb 4, 2025, and its management style is Active.
TPLS expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
TPLS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TPLS invests in bonds.
TPLS trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.