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.
Read More: Understanding each part of a balance sheet
Receive News & Ratings for Guggenheim Taxabl Mncpl Mngd Drtn Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guggenheim Taxabl Mncpl Mngd Drtn Trst and related companies with MarketBeat.com's FREE daily email newsletter.