Thornburg Income Builder Opportunities Trust (TBLD) is a diversified, actively managed closed-end fund (CEF) whose primary investment objective is to provide a high level of current income, with a secondary objective of capital appreciation. The fund invests in a broad range of income-producing securities, which may include dividend-paying common stocks, preferred stocks, convertible securities, and various types of fixed-income instruments such as corporate bonds, government bonds, and mortgage-backed securities. TBLD employs a flexible investment approach, allowing its portfolio managers to dynamically allocate across asset classes and geographies in pursuit of attractive risk-adjusted returns and income generation, aiming to capitalize on opportunities across global markets.