The Thornburg Investment Income Builder Fund Class A (TIBAX) is designed to generate a higher level of current income than the typical yield offered by U.S. equities. While its main objective is income, achieving long-term growth of capital is also a secondary consideration. To pursue these aims, the fund strategically invests in a diverse portfolio of assets that generate income, with a particular emphasis on stocks and bonds. Under normal market circumstances, the fund commits at least 80% of its total assets to income-producing securities, and at least half (50%) of its holdings will be allocated specifically to common stocks.