GBAB

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

15.46 USD
+0.04
0.26%
Updated Jan 27, 2:04 PM EST
1 day
0.26%
5 days
-1.02%
1 month
2.38%
3 months
-6.02%
6 months
-5.56%
Year to date
1.18%
1 year
-6.30%
5 years
-36.35%
10 years
-33.56%
 

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.

0
Funds holding %
of 6,831 funds
Analysts bullish %

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

Neutral
GlobeNewsWire
3 weeks ago
Guggenheim Investments Announces January 2025 Closed-End Fund Distributions
NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).
Guggenheim Investments Announces January 2025 Closed-End Fund Distributions
Positive
Seeking Alpha
3 weeks ago
GBAB: I Have A Brighter Take On This Diversified Fund In 2025 (Rating Upgrade)
I evaluate Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust for its potential to provide current income and long-term capital appreciation. GBAB offers diversified exposure to taxable municipal bonds, bank loans, and high-yield credit securities. Initially cautious about GBAB in early 2024 due to high pricing and an expected hawkish Fed, which proved accurate. I now see a stronger investment case for it in 2025.
GBAB: I Have A Brighter Take On This Diversified Fund In 2025 (Rating Upgrade)
Positive
Seeking Alpha
4 weeks ago
5 Best CEFs This Month For 9% Yield (December 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
5 Best CEFs This Month For 9% Yield (December 2024)
Positive
Seeking Alpha
1 month ago
GBAB: High Yield Income And Diversification With Interesting Bond Mix
GBAB's recent price pullback offers a good opportunity to lock in a high yield of 9.6%, supported by rate-cut tailwinds and leverage benefits. The mix of municipal and investment-grade corporate bonds in the Fund's portfolio is promising, especially with historically strong performance. It offers a good bond alternative for diversification and portfolio reallocation. Despite a high expense ratio of 1.20%, GBAB maintains a consistent NAV premium, indicating market strength, but inflation remains a risk for leveraged funds.
GBAB: High Yield Income And Diversification With Interesting Bond Mix
Neutral
GlobeNewsWire
1 month ago
Guggenheim Investments Announces December 2024 Closed-End Fund Distributions
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).
Guggenheim Investments Announces December 2024 Closed-End Fund Distributions
Neutral
GlobeNewsWire
2 months ago
Guggenheim Investments Announces November 2024 Closed-End Fund Distributions
NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).
Guggenheim Investments Announces November 2024 Closed-End Fund Distributions
Neutral
GlobeNewsWire
3 months ago
Guggenheim Investments Announces October 2024 Closed-End Fund Distributions
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions*. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).
Guggenheim Investments Announces October 2024 Closed-End Fund Distributions
Neutral
GlobeNewsWire
4 months ago
Guggenheim Investments Announces September 2024 Closed-End Fund Distributions
NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).
Guggenheim Investments Announces September 2024 Closed-End Fund Distributions
Neutral
GlobeNewsWire
5 months ago
Guggenheim Investments Announces August 2024 Closed-End Fund Distributions
NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).
Guggenheim Investments Announces August 2024 Closed-End Fund Distributions
Neutral
GlobeNewsWire
6 months ago
Guggenheim Investments Announces July 2024 Closed-End Fund Distributions
NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).
Guggenheim Investments Announces July 2024 Closed-End Fund Distributions
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