Guggenheim Taxabl Mncpl Mngd Drtn Trst to Issue Monthly Dividend of $0.13 (NYSE:GBAB)

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Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.1257 per share by the investment management company on Tuesday, December 31st. This represents a $1.51 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date of this dividend is Thursday, December 12th.

Shares of GBAB stock traded up $0.06 during trading on Wednesday, reaching $23.56. The company had a trading volume of 55,726 shares, compared to its average volume of 48,242. The firm’s 50 day simple moving average is $23.73 and its two-hundred day simple moving average is $24.02. Guggenheim Taxabl Mncpl Mngd Drtn Trst has a one year low of $21.01 and a one year high of $25.58.

About Guggenheim Taxabl Mncpl Mngd Drtn Trst

Guggenheim Taxable Municipal Managed Duration 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.

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Dividend History for Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB)

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