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TMB:NASDAQThornburg Multi Sector Bond ETF Analysis

Data as of 2026-09-01 - not real-time

$25.15

Latest Price

2/10Risk

Risk Level: Low

Executive Summary

At $25.15, Thornburg Multi Sector Bond ETF shows a bearish moving-average alignment, with shorter averages beneath longer ones. With RSI at 39.1 the momentum picture is approaching oversold, alongside a bearish MACD signal. Recent trading has carved out support near $25.07 and resistance around $25.42.
The 0.55% expense ratio is middling for its category, and the fund manages $235.8M in assets.
On a 1-10 scale the risk profile lands at 2 — low. With 30-day volatility of 3.3% and a beta of 0.09, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 4 out of 10.

Top Market Events

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Market Outlook

Short Term

< 1 year
Cautious
Model confidence: 7/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 25.53
  • MACD momentum is negative

Medium Term

1–3 years
Cautious
Model confidence: 5/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 25.53
  • MACD momentum is negative

Long Term

> 3 years
Neutral
Model confidence: 4/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • 30-day volatility of 3.3%
  • Beta of 0.09 versus the benchmark

Key Metrics & Analysis

Fund Metrics

Expense Ratio0.55%
AUM$235.8M
Inception Date2025-02-04
Avg Daily Volume63,780
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield4.31%

Technical Analysis

TrendBearish
RSI39.1
Support$25.07
Resistance$25.42
MA 20$25.26
MA 50$25.31
MA 200$25.53
MACDBearish
VolumeDecreasing
Fear & Greed Index93.29

Risk Assessment

Beta0.09
Volatility3.32%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.