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.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a diversified and closed-end management investment company, which engages in the investment activities for long-term capital appreciation. The company was founded on June 30, 2010 and is headquartered in Chicago, IL.

Advent Convertible and Income Fund

Guggenheim Strategic Opportunities Fund

Guggenheim Active Allocation Fund

NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces November 2024 Closed-End Fund Distributions

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions*. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces October 2024 Closed-End Fund Distributions

NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces September 2024 Closed-End Fund Distributions

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces August 2024 Closed-End Fund Distributions

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces July 2024 Closed-End Fund Distributions

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces June 2024 Closed-End Fund Distributions

NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces May 2024 Closed-End Fund Distributions

GBAB is a diversified fund that primarily invests in taxable municipal bonds, bank loans, and high-yield credit securities. I previously gave GBAB a "hold" rating due to headwinds and better investment opportunities and that is an argument that holds up to this day. I see the premium to NAV and tight corporate bond spreads as reasons to stay cautious on new positions here.

GBAB: Caution Is The Name Of The Game

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces April 2024 Closed-End Fund Distributions

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces March 2024 Closed-End Fund Distributions

NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces February 2024 Closed-End Fund Distributions

BlackRock Science and Technology Trust II

Eaton Vance Enhanced Equity Income Fund II

Nuveen S&P 500 Dynamic Overwrite Fund

Today I want to go over what the economic data is telling us about the future of the financial markets in 2024.

These 8%+ Dividends Are The Key To Sailing Through A Recession In 2024

NEW YORK, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces January 2024 Closed-End Fund Distributions

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust offers exposure to taxable municipal bonds and has a primary objective of providing current income. GBAB has seen strong performance in the short term, but there are concerns about its ability to sustain this performance. I recommend looking for better value elsewhere and am downgrading my outlook to "hold" for this CEF.

GBAB: A Few Reasons I Wouldn't Get Too Aggressive Here

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces December 2023 Closed-End Fund Distributions

NEW YORK, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces November 2023 Closed-End Fund Distributions

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces October 2023 Closed-End Fund Distributions

NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces September 2023 Closed-End Fund Distributions

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust offers exposure to taxable municipal bonds and other IG and high yield credit products. GBAB has struggled and experienced negative returns over the past six months, but I believe the next six months will offer gains. The fund's excessive premium no longer exists, although the extensive use of leverage and the potential for an income cut need to be weighed carefully.

GBAB: Raising Outlook As Bonds Have Merit Going Forward (Rating Upgrade)

The Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a high-duration municipal bond fund that suffered heavy losses in 2022 as interest rates rose. Long-term interest rates are still rising, which may continue to negatively impact GBAB's net asset value in the short-to-medium term. The fund's distribution yield of 9.8% of NAV may not be sustainable, as the portfolio only yields 5.9%, potentially leading to a distribution shortfall.

GBAB: Look For Rallies To Switch Out

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces August 2023 Closed-End Fund Distributions

NEW YORK, July 03, 2023 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces July 2023 Closed-End Fund Distributions

NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces June 2023 Closed-End Fund Distributions

I saw some value in GBAB a year ago, but that thesis did not pan out. With 2023 off to a rocky start, I think caution is warranted here. The fund's diversity is a plus, but it brings about risk with high yield exposure. This can amplify the yield but pose challenges if the economy deteriorates.

GBAB: A Year Later, The Fund's Outlook Remains Challenging

Blackstone Strategic Credit Fund

Blackstone Long-Short Credit Income Fund

Blackstone/GSO Senior Floating Rate Term Fund

MFS High Yield Municipal Trust

Western Asset Mortgage Opportunity Fund

Angel Oak Financial Strategies Income Term Trust

PGIM Global High Yield Fund

We review closed-end fund market valuation and performance through the third week of December and highlight recent market action. CEFs were mixed this week; however, discounts have continued to widen, extending a recent trend.

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