The launch comes amid heightened market volatility and growing debate over whether the AI-driven rally can continue after years of outperformance from the Magnificent Seven. Thornburg, which manages $60 billion in assets, said THOR is designed to generate income while maintaining exposure to long-term capital appreciation. “THOR takes a valuation-sensitive approach that seeks to balance income generation, downside resilience, and long-term total return potential,” said Brian McMahon, Thornburg’s vice chairman, chief investment strategist, and portfolio manager.What THOR OffersThe actively managed ETF:

Invests in dividend-paying global equities

Employs a flexible options strategy to enhance income

Seeks long-term capital appreciation alongside current income

Expands Thornburg’s rapidly growing ETF platform, which now oversees approximately $700 million in ETF assets