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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.1257 per share by the investment management company on Friday, February 28th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 9.62%. The ex-dividend date of this dividend is Friday, February 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

GBAB stock traded up $0.01 during trading on Tuesday, reaching $15.68. 77,233 shares of the company were exchanged, compared to its average volume of 100,492. The company has a 50-day moving average of $15.52 and a two-hundred day moving average of $16.51. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $14.85 and a twelve month high of $18.52.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

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.