Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB)

• Market cap: $375M
• 1 day: 0.67%
• 5 days: -3.32%
• 1 month: -3.32%
• 3 months: -15.20%
• 6 months: -5.79%
• Year to date: -6.84%
• 1 year: -8.92%
• 5 years: -35.41%
• 10 years: -30.99%

About: Guggenheim Taxable Municipal Managed Duration Trust is a diversified closed-end management investment company. Its investment objective is to provide current income with a secondary objective of long-term capital appreciation. Its products include Mutual funds, Unit investment trusts, Closed-end funds, Rydex funds, Credit income fund and others.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

121% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 14

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

5% more funds holding

Funds holding: 62 [Q2] → 65 (+3) [Q3]

7.35% less ownership

Funds ownership: 34.07% [Q2] → 26.71% (-7.35%) [Q3]

14% less capital invested

Capital invested by funds: $117M [Q2] → $101M (-$16.2M) [Q3]