Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) to Issue Monthly Dividend of $0.13

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.1257 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 9.9%. The ex-dividend date of this dividend is Friday, February 13th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Down 0.1%

Shares of GBAB stock traded down $0.02 during trading hours on Tuesday, hitting $15.22. The company had a trading volume of 16,442 shares, compared to its average volume of 91,394. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $14.35 and a 12 month high of $15.96. The firm’s fifty day moving average is $15.14 and its 200 day moving average is $15.31.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE: GBAB) is a closed-end management investment company organized as a statutory trust. The trust’s shares trade on the New York Stock Exchange, offering investors access to a diversified portfolio of taxable municipal securities and high-quality corporate debt instruments. As an externally managed vehicle, GBAB provides market participants with a convenient way to seek income and potential capital appreciation through a single exchange-listed security.

The fund’s primary investment strategy focuses on taxable municipal bonds issued by state and local governments across the United States.