Guggenheim Taxable Municipal Bond & Investment Grade Debt TrustGBAB
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] → $102M (-$15.9M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for GBAB.
Financial journalist opinion
Based on 3 articles about GBAB published over the past 30 days