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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.1257 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date is Monday, June 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Down 0.3%

Shares of NYSE:GBAB opened at $14.08 on Tuesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $13.51 and a twelve month high of $15.94. The stock’s 50 day moving average is $14.29 and its 200-day moving average is $14.87.

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.