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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Friday, October 1st, Zacks reports. Investors of record on Friday, October 15th will be given a dividend of 0.126 per share by the investment management company on Friday, October 29th. This represents a $1.51 annualized dividend and a dividend yield of 6.28%. The ex-dividend date is Thursday, October 14th.

Shares of NYSE:GBAB opened at $24.09 on Wednesday. The stock has a fifty day simple moving average of $24.69 and a two-hundred day simple moving average of $24.35. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12-month low of $22.50 and a 12-month high of $25.89.

A hedge fund recently raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock. Morgan Stanley raised its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 8.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 549,438 shares of the investment management company’s stock after buying an additional 44,987 shares during the quarter. Morgan Stanley’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $13,560,000 at the end of the most recent quarter.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a diversified and closed-end investment fund, which engages in the investment activities for long-term capital appreciation. The company was founded on October 26, 2010 and is headquartered in Chicago, IL.

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Dividend History for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

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