Question 1

What is TMB?

Accepted Answer

TMB — Thornburg Multi Sector Bond ETF — is a Canadian-listed ETF trading on the NASDAQ. The fund pursues its investment objective by investing in a broad range of income-producing investments, primarily including debt obligations. The fund manager may invest in debt obligations of any kind, of any quality, and of any maturity. The fund is non-diversified.

Question 2

What is the TMB ETF price today?

Accepted Answer

TMB last traded at $24.59 CAD on the NASDAQ. See the price chart above for recent performance.

Question 3

What is the TMB MER (management expense ratio)?

Accepted Answer

TMB has a management expense ratio (MER) of 55% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time.

Question 4

What are TMB annualised returns?

Accepted Answer

TMB historical returns: YTD: -2.29%, 1-year: -0.20%. Past performance is not a guarantee of future results.

Question 5

Does TMB pay dividends or distributions?

Accepted Answer

Yes, TMB distributes income to unitholders. The current distribution yield is approximately 4.43%. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does TMB invest in?

Accepted Answer

TMB's top holdings include BK 3.75 (US064058AL44, 0.4%), 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC, 0.3%). See the full Top 10 Holdings table above for a complete breakdown.

Question 7

What sectors does TMB invest in?

Accepted Answer

TMB's largest sector exposures are Energy (0.0%), Utilities (0.0%), Healthcare (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is TMB? (Assets under management)

Accepted Answer

TMB has approximately $264M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was TMB launched?

Accepted Answer

TMB was launched on February 4, 2025, giving it a 1-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy TMB in Canada?

Accepted Answer

TMB trades on the NASDAQ under the ticker TMB. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is TMB?

Accepted Answer

TMB has a 1-year volatility of 2.95% and a beta of 0.00 (less volatile than the broad market). As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-06	$24.59	$24.62	$24.57	$24.59	$24.59	70,739
2026-10-05	$24.58	$24.61	$24.52	$24.57	$24.57	197,110
2026-10-02	$24.66	$24.67	$24.57	$24.58	$24.58	29,000
2026-10-01	$24.54	$24.64	$24.48	$24.63	$24.63	280,323
2026-09-30	$24.61	$24.63	$24.55	$24.57	$24.57	52,169
2026-09-29	$24.60	$24.61	$24.54	$24.59	$24.59	53,591
2026-09-28	$24.72	$24.72	$24.67	$24.70	$24.70	16,809
2026-09-25	$24.76	$24.80	$24.72	$24.80	$24.80	124,300
2026-09-24	$24.83	$24.86	$24.74	$24.76	$24.76	50,068
2026-09-23	$24.95	$25.02	$24.82	$24.85	$24.85	69,058

Sector	Weight
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Industrials	0.00%
Real Estate	0.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	0.00%

Ticker	Name	Price	1D
CCOU		$17.59	+11.61%
CCHI	Ninepoint Cameco HighShares ETF	$10.09	+6.21%
CCOE	Harvest Cameco Enhanced High Income Shares ETF	$12.21	+6.08%
AMDU		$29.55	+5.54%
ABXU		$26.45	+5.09%
SHPU		$13.21	+4.76%
PLTU		$37.16	+4.09%
HURA	Global X Uranium Index ETF	$48.51	+3.88%

CIBC Investor's Edge

Thornburg Multi Sector Bond ETF (TMB : NASDAQ)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Thornburg Multi Sector Bond ETF

ETF Details

7 stocks to buy and hold forever

Compare TMB

Explore More

Compare TMB vs Similar ETFs

Frequently Asked Questions — TMB