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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.1257 per share by the investment management company on Wednesday, July 31st. This represents a $1.51 annualized dividend and a yield of 9.55%. The ex-dividend date is Monday, July 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has raised its dividend by an average of 3.9% per year over the last three years.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 0.6 %

GBAB traded up $0.09 during trading on Tuesday, hitting $15.80. 59,997 shares of the stock were exchanged, compared to its average volume of 63,552. The firm has a 50 day simple moving average of $16.00 and a 200 day simple moving average of $16.26. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.22 and a 1 year high of $17.14.

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.