Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) to Issue Monthly Dividend of $0.13 on January 30th

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Friday, January 2nd. Shareholders 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 yield of 10.0%. The ex-dividend date of this dividend is Thursday, January 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

NYSE:GBAB traded up $0.09 on Tuesday, reaching $15.15. 17,274 shares of the company’s stock were exchanged, compared to its average volume of 87,488. The stock has a fifty day simple moving average of $15.20 and a 200-day simple moving average of $15.30. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $14.35 and a 52 week high of $15.96.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile

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.