Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB)
Company Info
| ISIN | US4016641072 |
|---|---|
| CUSIP | 401664107 |
| Sector | Financial Services |
| Industry | Asset Management |
| IPO Date | Oct 28, 2010 |
Highlights
| Market Cap | $394.10M |
|---|---|
| EPS (TTM) | $0.93 |
| PE Ratio | 17.09 |
| Total Revenue (TTM) | $12.50M |
| Gross Profit (TTM) | $9.16M |
| EBITDA (TTM) | $49.50M |
| Year Range | $14.08 - $18.28 |
| Short Ratio | 0.43 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: GBAB vs. BAB, GBAB vs. VGM, GBAB vs. FKUTX, GBAB vs. TEAF, GBAB vs. SPYI, GBAB vs. SGOV, GBAB vs. BOXX, GBAB vs. EOS-USD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust had a return of 6.45% year-to-date (YTD) and 13.07% in the last 12 months. Over the past 10 years, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust had an annualized return of 4.37%, while the S&P 500 had an annualized return of 11.31%, indicating that Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.45% | 24.72% |
| 1 month | -4.77% | 2.30% |
| 6 months | 3.26% | 12.31% |
| 1 year | 13.07% | 32.12% |
| 5 years (annualized) | 0.05% | 13.81% |
| 10 years (annualized) | 4.37% | 11.31% |
Monthly Returns
The table below presents the monthly returns of GBAB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.18% | -2.78% | 1.37% | -2.93% | 4.66% | -1.39% | 6.35% | 7.33% | -1.00% | -4.63% | 6.45% | ||
| 2023 | 7.12% | -0.54% | -0.07% | 1.39% | -4.13% | 0.66% | 3.01% | -6.34% | 1.20% | -4.50% | 7.22% | 4.25% | 8.57% |
| 2022 | -8.05% | -2.49% | -4.81% | -4.35% | 3.63% | -7.94% | 5.50% | -3.38% | -13.14% | 5.46% | 5.28% | -2.16% | -25.09% |
| 2021 | -0.48% | -3.44% | -2.98% | 2.04% | 2.51% | 2.43% | 0.59% | 1.12% | -0.99% | -2.31% | -0.36% | 1.18% | -0.92% |
| 2020 | 3.49% | -5.30% | -3.60% | 3.81% | 2.63% | 0.78% | 4.20% | 0.07% | -1.23% | 3.80% | 1.53% | 4.17% | 14.69% |
| 2019 | 2.96% | 0.92% | 1.01% | 2.01% | 2.39% | 3.16% | 0.57% | 4.62% | -3.83% | -0.13% | -0.47% | 1.26% | 15.16% |
| 2018 | -4.97% | -0.81% | 2.09% | 0.35% | 0.53% | 1.76% | -0.35% | 3.48% | -3.47% | -4.56% | 6.12% | 3.91% | 3.50% |
| 2017 | 2.69% | 2.50% | 0.45% | 3.64% | 1.87% | -1.53% | 1.72% | 1.37% | -1.19% | -2.04% | 1.92% | 1.54% | 13.55% |
| 2016 | 6.72% | -0.66% | 4.13% | 2.34% | -4.64% | 5.66% | 1.37% | 1.60% | -1.86% | -3.72% | -4.79% | 2.21% | 7.80% |
| 2015 | 7.20% | -1.48% | -2.56% | 0.43% | -2.63% | -4.39% | 6.27% | -0.07% | 0.14% | 4.82% | -1.11% | -2.18% | 3.75% |
| 2014 | 4.15% | 1.61% | 0.83% | 1.87% | 4.11% | 2.28% | -2.16% | 3.59% | -2.78% | 1.73% | 2.51% | 1.73% | 20.99% |
| 2013 | -0.17% | 0.94% | -0.33% | 3.54% | -1.91% | -2.92% | -6.92% | 1.40% | -0.96% | 3.71% | -6.50% | 4.03% | -6.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GBAB is 65, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust provided a 9.46% dividend yield over the last twelve months, with an annual payout of $1.51 per share. The company has been increasing its dividends for 6 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.61 | $1.66 | $1.66 | $1.65 |
Dividend yield | 9.46% | 9.34% | 9.24% | 6.37% | 5.93% | 6.39% | 6.89% | 6.65% | 7.51% | 7.77% | 7.47% | 8.31% |
Monthly Dividends
The table displays the monthly dividend distributions for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $1.39 | |
| 2023 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $1.51 |
| 2022 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $1.51 |
| 2021 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $1.51 |
| 2020 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $1.51 |
| 2019 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $1.51 |
| 2018 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $1.51 |
| 2017 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $1.51 |
| 2016 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.13 | $0.13 | $0.13 | $0.13 | $1.61 |
| 2015 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $1.66 |
| 2014 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $1.66 |
| 2013 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $1.65 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust was 35.81%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust drawdown is 17.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.81% | Sep 16, 2021 | 273 | Oct 14, 2022 | — | — | — |
| -29.97% | Feb 26, 2020 | 16 | Mar 18, 2020 | 109 | Aug 21, 2020 | 125 |
| -14.89% | May 14, 2013 | 141 | Dec 2, 2013 | 122 | May 29, 2014 | 263 |
| -14.51% | May 16, 2016 | 128 | Nov 14, 2016 | 132 | May 25, 2017 | 260 |
| -12.24% | Nov 5, 2010 | 36 | Dec 28, 2010 | 106 | May 31, 2011 | 142 |
Volatility
Volatility Chart
The current Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust volatility is 3.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust compared to its peers in the Asset Management industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for GBAB in comparison to other companies of the Asset Management industry. Currently, GBAB has a PE value of 17.1. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for GBAB in comparison to other companies of the Asset Management industry. Currently, GBAB has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust.
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Income Statement
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