POWER OF ATTORNEY

 Know all by these presents, that the undersigned hereby constitutes and
 appoints each of Joshua B. Deringer, Jonathan Zimmerman, David Williams,
 Kellilyn Greco, Catherin A. DiValentino and Kiara Covarrubias, or either
 of them signing singly, and with full power of substitution,
 the undersigned's true and lawful attorney-in-fact to:

	1. prepare, execute in the undersigned's name and on the
 undersigned's behalf, and submit to the U.S. Securities and Exchange
 Commission (the "SEC") a Form ID, including amendments thereto,
and any  other documents necessary or appropriate to obtain codes
and passwords enabling the undersigned to make  electronic filings
with the SEC of reports required by Section 16(a) of the Securities
Exchange Act of 1934 or any rule or regulation of the SEC;

	2. execute for and on behalf of the undersigned, in the
 undersigned's capacity as an officer, Board member, investment
 adviser and/or affiliate of an investment adviser of the
 Thornburg Income Builder  Opportunities Trust (the "Trust"),
 Forms 3, 4, and 5 in accordance with Section 16(a) of the
 Securities Exchange Act of 1934 and the rules thereunder;

	3. do and perform any and all acts for and on behalf
 of the undersigned which may be necessary or desirable to
 complete and execute any such Form 3, 4,  or 5, complete
 and execute any amendment or amendments thereto, and timely file
 such form with the SEC and any stock exchange or similar authority; and

	4. take any other action of any type whatsoever in
 connection with the foregoing which, in the opinion of such
 attorney-in-fact, may be of benefit to, in the best interest
 of, or legally required by, the undersigned, it being understood
 that the documents executed by such attorney-in-fact on behalf of
 the undersigned pursuant to this Power of Attorney shall be in such form
 and shall contain such terms and conditions as such
 attorney-in-fact's discretion.

 The undersigned hereby grants to each such attorney-in-fact
 full power and authority to do and perform any and every act and
 thing whatsoever requisite, necessary, or proper to be done in the
 exercise of any of the rights and powers herein granted, as fully
 to all intents and purposes as the undersigned might or could do
 if personally present, with full power of substitution or revocation,
 hereby ratifying and confirming all that such attorney-in-fact, or such
 attorney-in-fact's substitute or substitutes, shall lawfully do or cause
 to be done by virtue of this power of attorney and the rights and powers
 herein granted.

 The undersigned acknowledges that the foregoing attorneys-in-fact,
 in serving in such capacity at the request of the undersigned,
 are not assuming, nor is the Trust assuming, any of the
 undersigned's responsibilities to comply with Section 16
 of the Securities Exchange Act of 1934.

 This Power of Attorney shall remain in full force and effect until the
 undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
 undersigned's holdings of and transactions in securities issued by the Trust,
 unless earlier revoked by the undersigned in a signed writing delivered to the
 foregoing attorneys-in-fact.

 IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
 to be executed as of this
 13th day of September, 2021.

/s/ Natasha Rippel