Thornburg Multi Sector Bond ETF
Thornburg Multi Sector Bond ETF (NASDAQ: TMB) is an exchange-traded fund listed on NASDAQ, trading at $24.80 (about ₹2,378 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.55%. Indian residents can buy TMB through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.72
Today's high
$24.80
52 week low
$24.72
52 week high
$26.52
TMB opened at $24.78, closed previously at $24.76, and has traded between $24.72 and $26.52 over the past 52 weeks.
About
The Thornburg Multi Sector Bond Exchange Traded Fund (ETF) seeks to achieve an overall investment return for its holders, derived from both the income it generates and the growth in its capital value. It's important to be aware that the fund's main investment goal can be altered without needing shareholder approval.
Key statistics
Expense ratio
0.55%
Assets (AUM)
$261.7M
Holdings
—
NAV
$24.81
Avg. volume
—
1-year price change
-3.48%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 21.0% of the fund.
How to buy TMB from India
Indian residents can buy TMB units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search TMB and buy
Find the fund by its ticker, TMB, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in TMB from India
Trading and taxes when buying TMB from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the TMB price today?
Thornburg Multi Sector Bond ETF (TMB) last traded at $24.80 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹2,378 a unit at the 25 Sep 2026 USD/INR rate.
When does TMB trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is TMB, and what does it cost to hold?
Thornburg Multi Sector Bond ETF manages about $261.7M. Its expense ratio is 0.55% a year, deducted inside the fund. It launched in 2025.
What are TMB's largest holdings?
The top three are United States Treasury Note/Bond (9.9%), United States Treasury Note/Bond (2.4%) and United States Treasury Note/Bond (1.6%). TMB's 10 largest positions make up 21.0% of the fund.
Does TMB pay dividends?
Yes. TMB is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on TMB taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of TMB?
Yes. You can buy TMB by amount rather than by whole unit, and there is no minimum trade size.
How has TMB performed?
TMB's price is down 3.5% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.