Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) announced a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.1257 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date of this dividend is Monday, June 15th.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Down 0.3%
NYSE GBAB opened at $14.08 on Tuesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $13.51 and a 52 week high of $15.94. The company has a 50-day moving average price of $14.29 and a 200-day moving average price of $14.87.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the third quarter worth approximately $35,000. Kestra Advisory Services LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the fourth quarter worth approximately $90,000. Invictus Private Wealth LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the third quarter worth approximately $170,000. Mosaic Family Wealth Partners LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the third quarter worth approximately $181,000. Finally, Jane Street Group LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter worth approximately $189,000.
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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