Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.1257 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date is Thursday, January 15th.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Up 0.3%
NYSE GBAB opened at $15.11 on Tuesday. The firm’s fifty day moving average price is $15.20 and its 200 day moving average price is $15.30. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $14.35 and a 12 month high of $15.96.
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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