Thornburg Core Plus Bond ETF (TPLS)Intermediate Core-Plus Bond | Exchange Traded Fund | NasdaqGM
24.26 USD
+0.04
(0.161%)
⇧
(Oct. 16, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:32 a.m. EDT
The Thornburg Core Plus Bond ETF presents a classic defensive income profile currently under pressure from rising rates. The most immediate signal is the technical weakness: the price is trading well below both its 50-day and 200-day moving averages, indicating a downtrend that has pushed the asset near its 52-week lows. This lack of upward momentum suggests the short-term outlook remains muted, offering no clear catalyst for a bounce in the coming weeks. However, the investment case rests entirely on the income stream. With a dividend yield exceeding 5%, this fund offers a significant buffer against capital losses, making it attractive for investors seeking yield in a volatile environment. The recent dividend history shows consistency, though with some variability in the quarterly amounts, which is typical for active bond strategies adjusting to changing interest rate curves. While the yield is robust, it is not yet at the 'high and reliable' tier of top-tier utility or REIT stocks, as the payout ratio and sustainability depend on the manager's ability to navigate the current rate hike cycle without eroding principal. Long-term, the asset is neutral. The price history provided covers only a single data point from late 2025, meaning there is insufficient multi-year trajectory data to assess whether the business model or the bond portfolio has structurally improved or deteriorated. Without a track record of sustained growth or a proven ability to generate alpha over a full economic cycle, the long-term rating cannot be upgraded beyond neutral. The current low price reflects market anxiety about the Fed's course and the potential for further rate increases, which caps the valuation multiple for fixed-income ETFs regardless of their underlying credit quality. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.013399 |
| AutoETS | 0.014833 |
| AutoARIMA | 0.014833 |
| MSTL | 0.014835 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 70% |
| H-stat | 8.41 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 1.29 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.37% | 4.82% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-29 | 0.088 | 0.365676 |
| 2026-08-28 | 0.094 | 0.379109 |
| 2026-07-30 | 0.128 | 0.517946 |
| 2026-06-29 | 0.104 | 0.411800 |
| 2026-05-28 | 0.099 | 0.394187 |
| 2026-04-29 | 0.107 | 0.426550 |
| 2026-03-30 | 0.129 | 0.513229 |
| 2026-02-26 | 0.088 | 0.340887 |
| 2026-01-29 | 0.013 | 0.050940 |
| 2025-12-30 | 0.179 | 0.701548 |
| 2025-11-26 | 0.083 | 0.322518 |
| 2025-10-30 | 0.101 | 0.393609 |
| 2025-09-29 | 0.078 | 0.304985 |
| 2025-08-28 | 0.090 | 0.354974 |
| 2025-07-30 | 0.101 | 0.401686 |
| 2025-06-27 | 0.088 | 0.348639 |
| 2025-05-29 | 0.088 | 0.352635 |
| 2025-04-29 | 0.094 | 0.371835 |
| 2025-03-28 | 0.111 | 0.439239 |
| 2025-02-27 | 0.075 | 0.296209 |
| Attribute | Value |
|---|---|
| All Time High | 26.0 |
| All Time Low | 23.85 |
| Ask | 25.27 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 67,590 |
| Average Daily Volume3 Month | 12,509 |
| Average Volume | 12,509 |
| Average Volume10Days | 67,590 |
| Beta3 Year | 0.0 |
| Bid | 25.25 |
| Bid Size | 1 |
| Category | Intermediate Core-Plus Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 24.28 |
| Day Low | 24.26 |
| Dividend Yield | 5.07 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.45884 |
| Fifty Day Average Change | -0.19883919 |
| Fifty Day Average Change Percent | -0.008129543 |
| Fifty Two Week Change Percent | -6.190479 |
| Fifty Two Week High | 26.0 |
| Fifty Two Week High Change | -1.7399998 |
| Fifty Two Week High Change Percent | -0.06692307 |
| Fifty Two Week Low | 23.85 |
| Fifty Two Week Low Change | 0.40999985 |
| Fifty Two Week Low Change Percent | 0.01719077 |
| Fifty Two Week Range | 23.85 - 26.0 |
| First Trade Date Milliseconds | 1,738,765,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.038999557 |
| Fullday Change Percent | 0.16088262 |
| Fullday Price | 24.26 |
| Fund Family | Thornburg |
| Fund Inception Date | 1,738,627,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-02-05 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in debt obligations or investments that provide exposure to such debt obligations. The fund may invest up to 25% of its net assets in debt obligations which, at the time of purchase, are rated by a nationally recognized statistical rating organization as below investment grade (sometimes called “junk” bonds or “high yield” bonds). The fund is non-diversified. |
| Long Name | Thornburg Core Plus Bond ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1900837358 |
| Nav Price | 24.2513 |
| Net Assets | 14,371,214.0 |
| Net Expense Ratio | 0.45 |
| Open | 24.28 |
| Previous Close | 24.221 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.038999557 |
| Regular Market Change Percent | 0.16101547 |
| Regular Market Day High | 24.28 |
| Regular Market Day Low | 24.26 |
| Regular Market Day Range | 24.26 - 24.28 |
| Regular Market Open | 24.28 |
| Regular Market Previous Close | 24.221 |
| Regular Market Price | 24.26 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 1,327 |
| Short Name | Thornburg Core Plus Bond ETF |
| Source Interval | 15 |
| Symbol | TPLS |
| Total Assets | 14,371,214 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -3.45716 |
| Trailing Three Month Returns | -3.45716 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.081394 |
| Two Hundred Day Average Change | -0.82139397 |
| Two Hundred Day Average Change Percent | -0.032749135 |
| Type Disp | ETF |
| Volume | 1,327 |
| Yield | 0.0507 |
| Ytd Return | -2.499 |