Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Plans $0.13 Monthly Dividend

Posted by Kim Johansen on Jun 4th, 2025

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) declared a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.1257 per share by the investment management company on Monday, June 30th. This represents a $1.51 annualized dividend and a dividend yield of 10.19%. The ex-dividend date is Friday, June 13th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has decreased its dividend payment by an average of 1.2% annually over the last three years.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Down 0.7%

Shares of NYSE GBAB opened at $14.80 on Wednesday. The firm’s 50-day moving average price is $15.04 and its 200-day moving average price is $15.39. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1-year low of $14.35 and a 1-year high of $18.53.

Hedge Funds Weigh In On Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

A hedge fund recently raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock. Bison Wealth LLC grew its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Free Report) by 8.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 56,612 shares of the investment management company’s stock after purchasing an additional 4,237 shares during the period. Bison Wealth LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $861,000 as of its most recent filing with the Securities and Exchange Commission.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

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Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States.