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

National Muni Bond Funds - Taxable Municipal Bond Funds

Data as of Dec. 4, 2024
Current
Market Price $15.92 (- $0.02)
NAV (Dec. 4, 2024) $15.72 (+ $0.06)
Fund Listed NYSE
Premium / Discount 1.27% (-0.52%)
Fund Info
Inception Oct. 27, 2010
Sponsor Guggenheim Funds Investment Advisors
Website https://www.guggenheim...
Phone 800-345-7999
NAV Symbol XGBAX
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
Capital & Leverage
Outstanding Shares 26,519,937
Total Assets (Reported: May 31, 2024) $510M
Estimated Total Assets $527M
Net Assets $417M
Market Cap $422M
Portfolio Turnover 17.00%
Total Leverage 20.88%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 3.15%
Non Lev Exp Ratio 1.06%
Rel Lev Cost 7.51%
Discount Data
Average Discount (3 Yr) 2.72%
Discount Low(3 Yr) -6.67%
Discount High(3 Yr) 14.56%
Discount Rel Range (3 Yr) 37.42%
Comp Discount 3.52
Discount St Dev (1Yr) 3.01
Z-Stat
Z-Stat (6mo) -1.38
Z-Stat (1Yr) -1.34
Z-Stat (3Yr) -0.42
Comp Z-Stat (6mo) -1.23
Comp Z-Stat (3Yr) -0.40
Distribution Data
Market Yield 9.48%
Income Yield 5.31%
Lev Adj NAV Yield 7.94%
Distribution Frequency M
Current Distribution $0.126
Current Income $0.070
Ex-Date 12/13/24
Payable Date 12/31/24
Div Growth (3yr) 0.00%
Dividend Change -9.0% on 9/1/16
Expected Div 1/2/25
RoC (1yr) 44.47%
RoC (3yr) 37.14%
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) $1,835
Avg Volume 30 day 178,860
Avg Volume 90 day 115,286
Volume Trend 55.14%
Comp Volume Trend 49.86%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
-3.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
30.0%
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
49.0%
Most Correlated Peer (Mk Pr): BBN 65.0%
NAV - Price Correlation (30 d) 50.1%
NAV - Price Correlation (90 d) 93.4%
NAV - Price Correlation (1 Yr) 84.4%
Price St Dev (1Yr) 13.5%
NAV St Dev (1Yr) 7.1%
Earnings
Earnings / Share (5/31/24) $0.070
Earn Coverage 55.36%
Earnings Trend Up
UNII / Share (5/31/24) $0.026
Rel UNII 3.05
UNII Trend Up
Bond Specific Data
Maturity 15.49
Duration 7.40
Credit Rating (rbo) A
Investment Grade 82.93%
Non Investment Grade 15.85%
Unrated Bonds 1.22%
Average Bond Price 110.20
Discount vs Price 11.47
Coupon 6.03%
Zero Coupon 0.31%
AMT 0.00%
AMT Yield 9.48%
Bond Calls Risk 13.53%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.14
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.62
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index
0.76

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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.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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