Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Friday, September 13th will be paid a dividend of 0.126 per share by the investment management company on Monday, September 30th. This represents a $1.51 dividend on an annualized basis and a yield of 5.96%. The ex-dividend date is Thursday, September 12th.
Guggenheim Taxabl Mncpl Mngd Drtn Trst has decreased its dividend by an average of 0.2% per year over the last three years.
GBAB traded up $0.05 during trading on Thursday, reaching $25.36. The company’s stock had a trading volume of 603 shares, compared to its average volume of 46,715. The firm has a fifty day simple moving average of $24.52 and a two-hundred day simple moving average of $23.46. Guggenheim Taxabl Mncpl Mngd Drtn Trst has a 1 year low of $19.91 and a 1 year high of $25.58.
Guggenheim Taxable Municipal Managed Duration 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.
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