Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) To Go Ex-Dividend on May 15th

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.1257 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date of this dividend is Friday, May 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Shares of GBAB traded down $0.05 during mid-day trading on Wednesday, reaching $14.15. The company’s stock had a trading volume of 23,160 shares, compared to its average volume of 95,098. The business has a fifty day moving average of $14.61 and a 200 day moving average of $15.03. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $13.93 and a 1 year high of $15.94.

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.