Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be given a dividend of 0.1257 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date of this dividend is Friday, August 14th.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Up 1.0%
GBAB stock opened at $13.94 on Wednesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $13.51 and a 1 year high of $15.94. The company has a fifty day simple moving average of $14.09 and a 200 day simple moving average of $14.52.
About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
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.
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