Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB)
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $12.64, down 0.39% on the session, giving a market capitalisation of $337.6M. On trailing twelve-month figures it carries a trailing P/E of 10.81, a net margin of 109.8%. Its beta of 0.53 implies it has historically moved less than the broad market.
The Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed-end mutual fund focusing on fixed-income investments, originally launched by Guggenheim Partners, LLC. Its operations are jointly managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. The trust allocates capital within the United States' fixed income markets, primarily building a diversified portfolio composed of taxable municipal securities, particularly those designated as Build America Bonds. Established on October 26, 2010, this U.S.-domiciled entity was formerly known as Guggenheim Taxable Municipal Managed Duration Trust.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is most often compared with the following Financial Services names: