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

National Muni Bond Funds - Taxable Municipal Bond Funds

Data as of June 14, 2024
Market Price $16.18 (- $0.19)
NAV (June 14, 2024) $15.67 (- $0.09)
Fund Listed NYSE
Premium / Discount 3.25% (-0.62%)
Fund Info
Inception Oct. 27, 2010
Sponsor Guggenheim Funds Investment Advisors
Website https://www.guggenheim...
Phone 800-345-7999
Location Illinois
Incorporated Delaware
Staggered Board Yes
Term Date N/A
Objective: Current income through investing primarily in a diversified portfolio of taxable municipal securities known as “Build America Bonds”.
Related Indexes
60/40 Balanced (w/ BDCs) Index
Investment Grade Bond Index
Premium CEF/BDC Index
Capital & Leverage
Outstanding Shares 24,849,337
Total Assets (Reported: Nov. 30, 2023) $504M
Estimated Total Assets $509M
Net Assets $389M
Market Cap $402M
Portfolio Turnover 3.00%
Total Leverage 23.47%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 3.41%
Non Lev Exp Ratio 1.22%
Rel Lev Cost 6.62%
Discount Data
Average Discount (3 Yr) 2.45%
Discount Low(3 Yr) -6.67%
Discount High(3 Yr) 8.34%
Discount Rel Range (3 Yr) 66.14%
Comp Discount 8.09
Discount St Dev (1Yr) 1.92
Z-Stat (6mo) -0.78
Z-Stat (1Yr) 0.06
Z-Stat (3Yr) 0.28
Comp Z-Stat (6mo) -0.09
Comp Z-Stat (3Yr) 1.06
Distribution Data
Market Yield 9.32%
Income Yield 5.13%
Lev Adj NAV Yield 7.80%
Distribution Frequency M
Current Distribution $0.126
Current Income $0.069
Ex-Date 6/14/24
Payable Date 6/28/24
Div Growth (3yr) 0.00%
Dividend Change -9.0% on 9/1/16
Expected Div 7/1/24
RoC (1yr) 44.22%
RoC (3yr) 31.02%
Tax Dividend Data 2023 2021 - 2023
Income 56.6% 75.8%
ST Gains 0% 0%
QDI 0.9% 1.2%
LT Gains 0% 0.7%
RoC 43.4% 23.5%
Volume & Liquidity
Average Daily $ (K) $880
Avg Volume 30 day 51,371
Avg Volume 90 day 54,362
Volume Trend -5.50%
Comp Volume Trend -8.69%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
Most Correlated Peer (Mk Pr): BBN 77.0%
NAV - Price Correlation (30 d) 86.0%
NAV - Price Correlation (90 d) 89.7%
NAV - Price Correlation (1 Yr) 86.6%
Price St Dev (1Yr) 16.2%
NAV St Dev (1Yr) 8.9%
Earnings / Share (11/30/23) $0.068
Earn Coverage 53.85%
Earnings Trend Down
UNII / Share (11/30/23) $-0.319
Rel UNII -38.41
UNII Trend Down
Bond Specific Data
Maturity 15.49
Duration 8.59
Credit Rating (rbo) A
Investment Grade 75.75%
Non Investment Grade 14.48%
Unrated Bonds 9.77%
Average Bond Price 114.15
Discount vs Price 17.40
Coupon 5.93%
Zero Coupon 0.61%
AMT 0.00%
AMT Yield 9.32%
Bond Calls Risk 13.10%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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