Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.1257 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date is Tuesday, September 15th.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 1.2%
NYSE GBAB traded up $0.16 during trading hours on Wednesday, hitting $13.73. 10,988 shares of the stock were exchanged, compared to its average volume of 95,939. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12-month low of $13.51 and a 12-month high of $15.94. The stock has a 50-day moving average of $14.02 and a 200 day moving average of $14.35.
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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