Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) declared a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.1257 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date is Friday, May 15th.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Down 0.3%
Shares of GBAB stock traded down $0.05 on Wednesday, hitting $14.14. The company had a trading volume of 16,717 shares, compared to its average volume of 95,081. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $13.93 and a twelve month high of $15.94. The stock’s 50-day moving average is $14.61 and its two-hundred day moving average is $15.03.
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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