Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trustverified

GBAB

Price:

$18.0212

Market Cap:

$390.93M

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 PE Ratio as of September 2024 (TTM) for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) is 19.38

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 19.38. This represents a change of 535.15% compared to the average of 3.05 of the last 4 quarters.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) Historical PE Ratio (quarterly & annually)

How has GBAB PE Ratio performed in the past?

The mean historical PE Ratio of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust over the last ten years is 11.48. The current 19.38 PE Ratio has changed 16.78% 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.

Quarterly (TTM)
Annual

Average

11.48

Median

16.39

Minimum

-20.39

Maximum

30.34

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

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

Quarterly (TTM)
Annual
YearPE RatioChange
202417.47-185.68%
2023-20.39214.97%
2022-6.47-153.06%
202112.20-59.78%
202030.3498.33%
201915.30-35.60%
201823.7610.59%
201721.481.86%
201621.09Infinity%

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) Average PE Ratio

How has GBAB PE Ratio performed in the past?

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 (GBAB) PE Ratio vs. Peers

How is GBAB’s PE Ratio compared to its peers?

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust’s PE Ratio is less than BlackRock Taxable Municipal Bond Trust (28.18), greater than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (5.24), greater than Pioneer Municipal High Income Fund, Inc. (4.92), greater than The Gabelli Equity Trust Inc. (4.81), greater than Nuveen Taxable Municipal Income Fund (8.48), greater than BlackRock Core Bond Trust (9.62), less than Blackrock Municipal 2030 Target Term Trust (49.82), greater than Cohen & Steers REIT and Preferred Income Fund, Inc. (6.61), greater than BlackRock MuniHoldings Fund, Inc. (-1020.56), less than DTF Tax-Free Income 2028 Term Fund Inc. (258.90), less than John Hancock Income Securities Trust (22.16), less than MFS Investment Grade Municipal Trust (28.45), greater than Virtus Convertible & Income 2024 Target Term Fund (0), less than DWS Municipal Income Trust (35.77), greater than BlackRock MuniYield Quality Fund, Inc. (-3034.63), greater than BlackRock Municipal Income Fund, Inc. (-843.89), less than BlackRock MuniHoldings Quality Fund II, Inc. (23.29), greater than Eaton Vance Floating-Rate Income Trust (4.12), greater than NXG NextGen Infrastructure Income Fund (13.25), greater than GAMCO Natural Resources, Gold & Income Trust (10.42),

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