Guggenheim Taxabl Mncpl Mngd Drtn Trst (GBAB) Declares Monthly Dividend of $0.13

Guggenheim Taxabl Mncpl Mngd Drtn Trst (GBAB) Declares Monthly Dividend of $0.13

Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) announced a monthly dividend on Tuesday, May 2nd. Shareholders of record on Monday, May 15th will be paid a dividend of 0.1257 per share by the investment management company on Wednesday, May 31st. This represents a $1.51 annualized dividend and a yield of 6.68%. The ex-dividend date is Thursday, May 11th.

Guggenheim Taxabl Mncpl Mngd Drtn Trst has decreased its dividend by an average of 0.8% annually over the last three years.

Shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) traded down 0.44% during mid-day trading on Friday, reaching $22.58. The company’s stock had a trading volume of 22,894 shares. The stock has a 50 day moving average of $22.39 and a 200-day moving average of $21.83. Guggenheim Taxabl Mncpl Mngd Drtn Trst has a one year low of $18.84 and a one year high of $24.75.

About Guggenheim Taxabl Mncpl Mngd Drtn Trst

Guggenheim Taxable Municipal Managed Duration Trust, formerly Guggenheim Build America Bonds Managed Duration Trust, is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income with a secondary objective of long-term capital appreciation. Under normal market conditions, the Trust will invest approximately 80% of its managed assets in taxable municipal securities, including Build America Bonds (BABs).

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