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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBABGet 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

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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.

Further Reading

Dividend History for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

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