Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trustverified

GBAB

Price:

$18.415

Market Cap:

$399.47M

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of taxable municipal securities known as Build America Bonds. It was formerly known as Guggenheim Taxable Municipal Managed Duration Trust. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust was formed on October 26, 2010 and is domiciled in United States.[Read more]

Industry

Asset Management - Bonds

IPO Date

2010-10-28

Stock Exchange

NYSE

Ticker

GBAB

The Dividend Yield as of September 2024 (TTM) for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) is 8.19%

According to Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 8.19%. This represents a change of 146.57% compared to the average of 3.32% of the last 4 quarters.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) Historical Dividend Yield (quarterly & annually)

How has GBAB Dividend Yield performed in the past?

The mean historical Dividend Yield of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust over the last ten years is 5.87%. The current 8.19% Dividend Yield has changed 39.49% with respect to the historical average. Over the past ten years (40 quarters), GBAB's Dividend Yield was at its highest in in the November 2023 quarter at 4.59%. The Dividend Yield was at its lowest in in the November 2017 quarter at 0%.

Quarterly (TTM)
Annual

Average

5.87%

Median

6.19%

Minimum

0%

Maximum

9.05%

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Dividend Yield = 9.05%

Minimum Annual Increase = -8.85%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20249.05%4.71%
20238.64%21.25%
20227.13%28.40%
20215.55%-6.99%
20205.97%-6.94%
20196.41%-8.85%
20187.04%63.23%
20174.31%-6.77%
20164.62%Infinity%

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) Average Dividend Yield

How has GBAB Dividend Yield performed in the past?

The current Dividend Yield of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.27%

5-year avg

7.27%

10-year avg

5.87%

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) Dividend Yield vs. Peers

How is GBAB’s Dividend Yield compared to its peers?

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust’s Dividend Yield is less than BlackRock Taxable Municipal Bond Trust (6.17%), less than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (18.11%), less than Pioneer Municipal High Income Fund, Inc. (3.87%), less than The Gabelli Equity Trust Inc. (11.09%), less than Nuveen Taxable Municipal Income Fund (8.55%), less than BlackRock Core Bond Trust (7.61%), less than Blackrock Municipal 2030 Target Term Trust (2.58%), less than Cohen & Steers REIT and Preferred Income Fund, Inc. (6.91%), less than BlackRock MuniHoldings Fund, Inc. (4.68%), less than DTF Tax-Free Income 2028 Term Fund Inc. (3.46%), less than John Hancock Income Securities Trust (4.02%), less than MFS Investment Grade Municipal Trust (3.90%), less than Virtus Convertible & Income 2024 Target Term Fund (3.68%), less than DWS Municipal Income Trust (4.69%), less than BlackRock MuniYield Quality Fund, Inc. (3.57%), less than BlackRock Municipal Income Fund, Inc. (4.98%), less than BlackRock MuniHoldings Quality Fund II, Inc. (4.72%), less than Eaton Vance Floating-Rate Income Trust (11.24%), less than NXG NextGen Infrastructure Income Fund (15.79%), less than GAMCO Natural Resources, Gold & Income Trust (6.07%),

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