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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.1257 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 10.7%. The ex-dividend date is Monday, June 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Shares of NYSE GBAB opened at $14.17 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a one year low of $13.51 and a one year high of $15.94. The business has a 50-day moving average price of $14.25 and a two-hundred day moving average price of $14.79.

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.