Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be paid 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 is Friday, May 15th.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Down 0.4%
Shares of NYSE GBAB traded down $0.05 during midday trading on Wednesday, reaching $14.14. 14,785 shares of the stock were exchanged, compared to its average volume of 95,072. The business has a 50-day simple moving average of $14.61 and a two-hundred day simple moving average of $15.03. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $13.93 and a 12 month high of $15.94.
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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