Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.1257 per share by the investment management company on Friday, January 31st. This represents a $1.51 annualized dividend and a yield of 9.73%. The ex-dividend date is Wednesday, January 15th.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has raised its dividend payment by an average of 3.9% per year over the last three years.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance
Shares of NYSE:GBAB traded up $0.22 during trading on Friday, hitting $15.50. 167,656 shares of the stock were exchanged, compared to its average volume of 120,028. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1-year low of $14.85 and a 1-year high of $18.52. The company’s fifty day simple moving average is $15.78 and its 200-day simple moving average is $16.58.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile
Guggenheim Taxable Municipal Bond & Investment Grade Debt 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.
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