Thornburg Launches Global Income ETF with Options Strategy
Event summary
- Thornburg launched the Thornburg Premium Income Builder ETF (THOR) on June 23, 2026, combining global dividend equities with an options strategy.
- The fund is managed by Brian McMahon and Matt Burdett, who oversee Thornburg's flagship Income Builder strategy.
- Thornburg's ETF platform has grown to $700 million in assets under management in just 18 months.
- The firm manages $60 billion in total client assets as of May 31, 2026.
The big picture
Thornburg is expanding its ETF platform with a product designed for investors seeking both income and long-term growth in volatile markets. The launch comes as asset managers increasingly turn to actively managed ETFs to meet evolving client needs, particularly in the wake of rising interest rates and market uncertainty.
What we're watching
- Product Differentiation
- How THOR's combination of global equities and options strategy will compete in a crowded income-focused ETF market.
- Scale Challenges
- Whether Thornburg can sustain rapid growth of its ETF platform while maintaining performance across strategies.
- Market Volatility
- The pace at which changing market conditions will test THOR's downside resilience and income generation capabilities.