GBAB
Price:
$15.22
Market Cap:
$330.16M
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 ROE is 12.34%. This represents a change of 100.74% compared to the average of 6.15% of the last 4 quarters.
The mean historical ROE of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust over the last ten years is 2.17%. The current 12.34% ROE has changed 468.56% with respect to the historical average. Over the past ten years (40 quarters), GBAB's ROE was at its highest in in the November 2020 quarter at 7.24%. The ROE was at its lowest in in the May 2022 quarter at -22.29%.
Average
2.17%
Median
4.81%
Minimum
-16.37%
Maximum
8.77%
Discovering the peaks and valleys of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust ROE, 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 ROE = 8.77%
Minimum Annual Increase = -286.80%
Minimum Annual ROE = -16.37%
Year | ROE | Change |
---|---|---|
2024 | 5.65% | -212.96% |
2023 | -5.00% | -69.48% |
2022 | -16.37% | -286.80% |
2021 | 8.77% | 149.97% |
2020 | 3.51% | -47.88% |
2019 | 6.73% | 69.18% |
2018 | 3.98% | -44.50% |
2017 | 7.17% | -1.58% |
2016 | 7.28% | Infinity% |
The current ROE of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-5.24%
5-year avg
-0.69%
10-year avg
2.17%
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust’s ROE is less than BlackRock Taxable Municipal Bond Trust (3.65%), less than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (4.67%), less than Pioneer Municipal High Income Fund, Inc. (18.03%), less than The Gabelli Equity Trust Inc. (17.75%), less than Nuveen Taxable Municipal Income Fund (12.19%), less than BlackRock Core Bond Trust (6.89%), less than Blackrock Municipal 2030 Target Term Trust (2.94%), less than Cohen & Steers REIT and Preferred Income Fund, Inc. (14.46%), greater than BlackRock MuniHoldings Fund, Inc. (-1.67%), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-1.34%), greater than John Hancock Income Securities Trust (-3.94%), less than MFS Investment Grade Municipal Trust (2.17%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than DWS Municipal Income Trust (3.59%), greater than BlackRock MuniYield Quality Fund, Inc. (-0.89%), less than BlackRock Municipal Income Fund, Inc. (0.27%), less than BlackRock MuniHoldings Quality Fund II, Inc. (5.53%), less than Eaton Vance Floating-Rate Income Trust (19.51%), less than NXG NextGen Infrastructure Income Fund (7.57%), less than GAMCO Natural Resources, Gold & Income Trust (6.79%),
Company | ROE | Market cap |
---|---|---|
3.65% | $984.97M | |
4.67% | $645.10M | |
18.03% | $210.86M | |
17.75% | $6.17B | |
12.19% | $449.45M | |
6.89% | $572.27M | |
2.94% | $1.34B | |
14.46% | $1.01B | |
-1.67% | $608.49M | |
-1.34% | $76.97M | |
-3.94% | $131.14M | |
2.17% | $64.51M | |
21.86% | $167.75M | |
3.59% | $370.57M | |
-0.89% | $839.02M | |
0.27% | $877.58M | |
5.53% | $219.40M | |
19.51% | $351.35M | |
7.57% | $116.95M | |
6.79% | $88.72M |
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What is the 3-year average ROE for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB)?
What is the 5-year average ROE for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB)?
How does the current ROE for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) compare to its historical average?