Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) to Issue $0.13 Monthly Dividend

by · The Markets Daily

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be given a dividend of 0.1257 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 10.9%. The ex-dividend date of this dividend is Friday, August 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Up 0.5%

Shares of NYSE:GBAB opened at $13.86 on Tuesday. The business has a fifty day simple moving average of $14.09 and a 200-day simple moving average of $14.53. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $13.51 and a 52 week high of $15.94.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

(Get Free Report)

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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