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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.1257 per share by the investment management company on Wednesday, July 31st. This represents a $1.51 annualized dividend and a yield of 9.54%. The ex-dividend date is Monday, July 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has increased its dividend by an average of 3.9% annually over the last three years.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

NYSE GBAB traded up $0.10 during mid-day trading on Tuesday, reaching $15.81. The stock had a trading volume of 62,466 shares, compared to its average volume of 63,572. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.22 and a 1 year high of $17.14. The company has a fifty day moving average price of $16.00 and a 200 day moving average price of $16.26.

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.