GBAB
Price:
$15.64
Market Cap:
$339.28M
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
According to Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust’s latest financial reports and current stock price. The company's current PE Ratio is 16.82. This represents a change of 305.95% compared to the average of 4.14 of the last 4 quarters.
The mean historical PE Ratio of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust over the last ten years is 11.48. The current 16.82 PE Ratio has changed 14.55% with respect to the historical average. Over the past ten years (40 quarters), GBAB's PE Ratio was at its highest in in the May 2020 quarter at 43.69. The PE Ratio was at its lowest in in the May 2022 quarter at -1.19.
Average
11.48
Median
16.39
Minimum
-20.39
Maximum
30.34
Discovering the peaks and valleys of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust PE Ratio, 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 PE Ratio = 30.34
Minimum Annual Increase = -185.68%
Minimum Annual PE Ratio = -20.39
Year | PE Ratio | Change |
---|---|---|
2024 | 17.47 | -185.68% |
2023 | -20.39 | 214.97% |
2022 | -6.47 | -153.06% |
2021 | 12.20 | -59.78% |
2020 | 30.34 | 98.33% |
2019 | 15.30 | -35.60% |
2018 | 23.76 | 10.59% |
2017 | 21.48 | 1.86% |
2016 | 21.09 | Infinity% |
The current PE Ratio of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-3.13
5-year avg
6.63
10-year avg
11.48
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust’s PE Ratio is less than BlackRock Taxable Municipal Bond Trust (25.22), less than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (215.18), greater than Pioneer Municipal High Income Fund, Inc. (5.45), greater than The Gabelli Equity Trust Inc. (5.14), greater than Nuveen Taxable Municipal Income Fund (7.87), greater than BlackRock Core Bond Trust (15.09), less than Blackrock Municipal 2030 Target Term Trust (28.89), greater than Cohen & Steers REIT and Preferred Income Fund, Inc. (7.70), greater than BlackRock MuniHoldings Fund, Inc. (-52.08), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-69.07), greater than John Hancock Income Securities Trust (-26.02), less than MFS Investment Grade Municipal Trust (44.38), greater than Virtus Convertible & Income 2024 Target Term Fund (0), less than DWS Municipal Income Trust (27.36), greater than BlackRock MuniYield Quality Fund, Inc. (-102.55), less than BlackRock Municipal Income Fund, Inc. (349.22), greater than BlackRock MuniHoldings Quality Fund II, Inc. (16.54), greater than Eaton Vance Floating-Rate Income Trust (5.17), greater than NXG NextGen Infrastructure Income Fund (15.85), greater than GAMCO Natural Resources, Gold & Income Trust (10.40),
Company | PE Ratio | Market cap |
---|---|---|
25.22 | $1.01B | |
215.18 | $654.12M | |
5.45 | $214.28M | |
5.14 | $6.76B | |
7.87 | $462.67M | |
15.09 | $604.15M | |
28.89 | $1.38B | |
7.70 | $1.10B | |
-52.08 | $635.08M | |
-69.07 | $79.15M | |
-26.02 | $133.59M | |
44.38 | $66.38M | |
0 | $167.75M | |
27.36 | $386.24M | |
-102.55 | $882.83M | |
349.22 | $904.22M | |
16.54 | $232.77M | |
5.17 | $349.26M | |
15.85 | $131.55M | |
10.40 | $95.44M |
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