About Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB)
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). Under normal market conditions, the Trust may invest approximately 20% of its managed assets in securities other than taxable municipal securities, including tax-exempt municipal securities, asset backed securities, senior loans and other income producing securities. It invests in a range of sectors, including power, school, university, transportation, water and sewer, hospital, investment grade corporates, city, county and preferred securities. Guggenheim Funds Investment Advisors, LLC serves as the advisor of the Trust.
Industry, Sector and Symbol
Industry Closed End Funds
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) Frequently Asked Questions
What is Guggenheim Taxabl Mncpl Mngd Drtn Trst's stock symbol?
Guggenheim Taxabl Mncpl Mngd Drtn Trst trades on the New York Stock Exchange (NYSE) under the ticker symbol "GBAB."
How often does Guggenheim Taxabl Mncpl Mngd Drtn Trst pay dividends? What is the dividend yield for Guggenheim Taxabl Mncpl Mngd Drtn Trst?
Guggenheim Taxabl Mncpl Mngd Drtn Trst declared a monthly dividend on Friday, March 2nd. Investors of record on Thursday, March 15th will be given a dividend of $0.1257 per share on Thursday, March 29th. This represents a $1.51 annualized dividend and a dividend yield of 7.09%. The ex-dividend date is Wednesday, March 14th. View Guggenheim Taxabl Mncpl Mngd Drtn Trst's Dividend History.
Who are some of Guggenheim Taxabl Mncpl Mngd Drtn Trst's key competitors?
Some companies that are related to Guggenheim Taxabl Mncpl Mngd Drtn Trst include Eaton Vance Floating-Rate Income Trust (EFT), Clearbridge Energy MLP Total Return Fund (CTR), MFS Charter Income Trust (MCR), Goldman Sachs MLP Inc Opp (GMZ), Carador Income Fund (CIFU), Oxford Lane Capital (OXLC), Center Coast Brookfield MLP&Enrg Inf Fnd (CEN), Kayne Anderson Energy Development (KED), BlackRock LT Municipal Advantage Trust (BTA), Voya Asia Pacific High (IAE), Malaysia Fund (MAY), Full Circle Capital (FULL), GLI Finance (GLIF), Andalas Energy and Power (ADL), Helios Advantage Income Fund (HAV), MCG Capital (MCGC) and Warehouse REIT (WHR).
Who are Guggenheim Taxabl Mncpl Mngd Drtn Trst's key executives?
Guggenheim Taxabl Mncpl Mngd Drtn Trst's management team includes the folowing people:
- Ronald E. Toupin Jr., Independent Chairperson of the Board (Age 59)
- Donald C. Cacciapaglia, President, Chief Executive Officer, Trustee (Age 66)
- John L. Sullivan, Chief Financial Officer, Chief Accounting Officer, Treasurer (Age 62)
- Joanna Catalucci, Chief Compliance Officer (Age 51)
- Joseph M. Arruda, Assistant Treasurer (Age 51)
- Mark J. Furjanic, Assistant Treasurer (Age 58)
- James Howley, Assistant Treasurer (Age 45)
- Kimberly J. Scott, Assistant Treasurer (Age 43)
- Amy J. Lee, Chief Legal Officer (Age 56)
- Mark E. Mathiasen, Secretary (Age 39)
Has Guggenheim Taxabl Mncpl Mngd Drtn Trst been receiving favorable news coverage?
News articles about GBAB stock have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Guggenheim Taxabl Mncpl Mngd Drtn Trst earned a news sentiment score of 0.09 on Accern's scale. They also assigned press coverage about the investment management company an impact score of 45.11 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Guggenheim Taxabl Mncpl Mngd Drtn Trst's major shareholders?
Guggenheim Taxabl Mncpl Mngd Drtn Trst's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Sit Investment Associates Inc. (2.19%), Wells Fargo & Company MN (0.68%), Raymond James & Associates (0.67%), Doliver Capital Advisors LP (0.27%), Raymond James Financial Services Advisors Inc. (0.13%) and Northwestern Mutual Wealth Management Co. (0.08%). Company insiders that own Guggenheim Taxabl Mncpl Mngd Drtn Trst stock include Anne Bookwalter Walsh, Donald A Jr Chubb and Ronald E Toupin Jr. View Institutional Ownership Trends for Guggenheim Taxabl Mncpl Mngd Drtn Trst.
Which institutional investors are selling Guggenheim Taxabl Mncpl Mngd Drtn Trst stock?
Which institutional investors are buying Guggenheim Taxabl Mncpl Mngd Drtn Trst stock?
GBAB stock was bought by a variety of institutional investors in the last quarter, including SeaCrest Wealth Management LLC, Northwestern Mutual Wealth Management Co., Raymond James Financial Services Advisors Inc. and LPL Financial LLC. Company insiders that have bought Guggenheim Taxabl Mncpl Mngd Drtn Trst stock in the last two years include Anne Bookwalter Walsh, Donald A Jr Chubb and Ronald E Toupin Jr. View Insider Buying and Selling for Guggenheim Taxabl Mncpl Mngd Drtn Trst.
How do I buy shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst?
Shares of GBAB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Guggenheim Taxabl Mncpl Mngd Drtn Trst's stock price today?
One share of GBAB stock can currently be purchased for approximately $21.28.
How big of a company is Guggenheim Taxabl Mncpl Mngd Drtn Trst?
Guggenheim Taxabl Mncpl Mngd Drtn Trst has a market capitalization of $373.06 million.
How can I contact Guggenheim Taxabl Mncpl Mngd Drtn Trst?
Guggenheim Taxabl Mncpl Mngd Drtn Trst's mailing address is 227 W Monroe St, CHICAGO, IL 60606-5055, United States. The investment management company can be reached via phone at +1-312-8270100.
MarketBeat Community Rating for Guggenheim Taxabl Mncpl Mngd Drtn Trst (GBAB)MarketBeat's community ratings are surveys of what our community members think about Guggenheim Taxabl Mncpl Mngd Drtn Trst and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Earnings History for Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB)
No earnings announcements for this company have been tracked by MarketBeat.com
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) Dividend Information
|Dividend Growth:||-3.10% (3 Year Average)|
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE GBAB) Insider Trading and Institutional Ownership History
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE GBAB) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|9/28/2017||Ronald E Toupin Jr||Insider||Buy||225||$22.71||$5,109.75||1,287|| |
|9/18/2017||Anne Bookwalter Walsh||Insider||Buy||3,000||$23.00||$69,000.00||11,000|| |
|6/29/2017||Ronald E Toupin Jr||Insider||Buy||174||$22.71||$3,951.54||1,046|| |
|12/20/2016||Donald A Jr. Chubb||Insider||Buy||800||$21.08||$16,864.00||1,000|| |
|9/30/2016||Ronald E Toupin Jr||Insider||Buy||125||$23.21||$2,901.25||833|| |
|3/31/2016||Ronald E Toupin Jr||Insider||Buy||100||$23.11||$2,311.00||684|| |
|3/28/2014||Allen Li||Director||Sell||2,900||$20.81||$60,349.00|| |
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE GBAB) News Headlines
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) SEC Filings
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Financials are not available for this stock.
Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE GBAB) Stock Chart for Friday, March, 23, 2018