Fixed Income Intern- Summer 2026

Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, and multi-asset solutions.

As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to deliver consistent risk-adjusted outperformance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s world-class investment platform and team are aligned on strategy to serve investors.

About the Role: 

The successful candidate will collaborate with Thornburg's global fixed income team to support research and analysis of bonds and other fixed income securities used in Thornburg portfolios. The intern will gain hands-on experience in market monitoring, issuer analysis, and relative-value decision making. 

• Target Internship Duration: 06/08/2026-08/14/2026

Duties and Responsibilities: 

• Conduct in-depth research and analysis on individual fixed income securities for potential inclusion in Thornburg portfolios. 
• Write concise research notes with supporting financial models, applying skills in accounting, finance, and economics. 
• Monitoring and analyzing security and portfolio movements and interpreting macroeconomic news and company-specific developments to make relative value-based recommendations to the team.
• Gain knowledge and experience across global markets, industries, and fixed income sectors, building generalist capabilities while developing a point of view on risk/return trade-offs. 
• Support ad-hoc research projects and tasks as needed. 

• Progress toward a bachelor’s degree required.
• Coursework in investments, fixed income, statistics/economics preferred.  
• Knowledge in Excel (functions, charts, basic modeling). 
• Exposure to Bloomberg/FactSet, Python, or Power BI a plus. 
• Must be authorized to work in the U.S.

Your Traits:

• Excellent written and verbal communication skills; ability to distill complex topics into clear takeaways for the team.
• Ability to work collaboratively in a fast-paced, team-oriented environment.

 Why Santa Fe?

Located in stunning Santa Fe, New Mexico - our state's capital and one of the oldest cities in the U.S., founded in 1610 - this role offers a unique cultural experience. Known as "The City Different," Santa Fe captures hearts and minds with its museums, renowned restaurants, theater, opera, and signature adobe-style architecture. With over 300 sunny days per year, it's a paradise for outdoor enthusiasts. Surrounded by a picturesque landscape, Santa Fe offers skilling, hiking, and endless opportunities for exploration in "The Land of Enchantment," attracting visitors from around the world.

Join us in Santa Fe this summer and see how Thornburg’s global perspective can elevate your understanding of equity investments!

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, disability, gender, gender identity or protected veteran status.