- ISIN
- US4016641072
- CUSIP
- 401664107
- Sector
- Financial Services
- Industry
- Asset Management
- IPO Date
- Oct 28, 2010
Highlights
- Market Cap
- $368.33M
- Enterprise Value
- $738.73M
- EPS (TTM)
- $2.68
- PE Ratio
- 5.15
- PEG Ratio
- 0.46
- Total Revenue (TTM)
- $39.21M
- Gross Profit (TTM)
- $20.27M
- EBITDA (TTM)
- $108.83M
- Year Range
- $13.51 - $15.94
- ROA (TTM)
- 11.95%
- ROE (TTM)
- 17.46%
- Avg. Volume (1M)
- 82K
- Avg. Volume Value (1M)
- $1.15M
Share Price Chart
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Performance
GBAB Performance Chart
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) is down 1.8% since the beginning of the year. At $14 per share, GBAB is trading 13.5% below its 52-week high of $16. Investors who bought $1,000 worth of GBAB shares 5 years ago would now be looking at an investment worth $877.
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Returns By Period
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) has returned -1.84% so far this year and -0.23% over the past 12 months. Over the last ten years, GBAB has returned 2.58% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
- 1D
- -0.14%
- 1M
- -2.91%
- 6M
- -4.94%
- YTD
- -1.84%
- 1Y
- -0.23%
- 3Y*
- 3.91%
- 5Y*
- -2.58%
- 10Y*
- 2.58%
- ALL TIME*
- 5.39%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
GBAB Monthly Returns History
Based on dividend-adjusted daily data since Oct 28, 2010, GBAB's average daily return is +0.02%, while the average monthly return is +0.49%. At this rate, an investment would double in approximately 11.8 years.
Historically, 58% of months were positive and 42% were negative. The best month was Aug 2024 with a return of +7.3%, while the worst month was Sep 2022 at -13.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, GBAB closed higher 52% of trading days. The best single day was Mar 13, 2020 with a return of +6.2%, while the worst single day was Mar 18, 2020 at -15.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.26% | 2.07% | -5.48% | 1.07% | -1.95% | 3.32% | -3.78% | -1.84% | |||||
| 2025 | 3.74% | 2.18% | -1.10% | -0.06% | -2.29% | 1.60% | 1.18% | 4.04% | 0.86% | 1.53% | -1.50% | -1.86% | 8.38% |
| 2024 | 4.18% | -2.78% | 1.37% | -2.93% | 4.66% | -1.40% | 6.35% | 7.32% | -1.00% | -4.63% | -3.69% | -3.64% | 2.86% |
| 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% | 5.26% | -2.16% | -25.10% |
| 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% |
Benchmark Metrics
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has an annualized alpha of 3.82%, beta of 0.19, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since October 28, 2010.
- This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (28.75%) than losses (26.37%) - typical of diversified or defensive assets.
- Beta of 0.19 may look defensive, but with R2 of 0.05 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R2 of 0.05 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.82%
- Beta
- 0.19
- R²
- 0.05
- Upside Capture
- 28.75%
- Downside Capture
- 26.37%
Return for Risk
Risk / Return Rank
GBAB ranks 44 for risk / return — above 44% of stocks peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GBAB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.25 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | 2.00 | -1.89 |
| Martin ratioReturn relative to average drawdown | 0.28 | 8.49 | -8.21 |
Dividends
Dividend History
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust provided a 10.94% dividend yield over the last twelve months, with an annual payout of $1.51 per share. The company has been increasing its dividends for 8 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.51 | $1.61 | $1.66 |
Dividend yield | 10.94% | 10.11% | 9.93% | 9.32% | 9.22% | 6.36% | 5.92% | 6.37% | 6.88% | 6.64% | 7.51% | 7.78% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.88 | |||||
| 2025 | $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 |
| 2024 | $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 |
| 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 |
Dividend Yield & Payout
Dividend Yield
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a dividend yield of 10.94%, which means its dividend payment is significantly above the market average.
Payout Ratio
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a payout ratio of 101.42%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.
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.
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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 15.02%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-35.81%Oct 2022 | 1y 28d | — | 4y 10moSep 2021 - now | Bear market2022 |
-29.97%Mar 2020 | 21d | 5mo 6d | 5mo 27dFeb 2020 - Aug 2020 | COVID crash2020 |
-14.89%Dec 2013 | 6mo 22d | 5mo 28d | 1y 15dMay 2013 - May 2014 | — |
-14.51%Nov 2016 | 6mo 2d | 6mo 12d | 1y 9dMay 2016 - May 2017 | — |
-12.24%Dec 2010 | 1mo 23d | 5mo 4d | 6mo 27dNov 2010 - May 2011 | — |
Drawdown Indicators
| GBAB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.81% | -56.78% | +20.97% |
Max Drawdown (1Y)Largest decline over 1 year | -9.98% | -9.10% | -0.88% |
Max Drawdown (3Y)Largest decline over 3 years | -17.29% | -18.90% | +1.61% |
Max Drawdown (5Y)Largest decline over 5 years | -35.81% | -25.43% | -10.38% |
Max Drawdown (10Y)Largest decline over 10 years | -35.81% | -33.92% | -1.89% |
Current DrawdownCurrent decline from peak | -15.02% | -1.58% | -13.44% |
Average DrawdownAverage peak-to-trough decline | -8.34% | -10.70% | +2.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 2.14% | +1.76% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for GBAB, comparing it with other companies in the Asset Management industry. Currently, GBAB has a P/E ratio of 5.1. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for GBAB compared to other companies in the Asset Management industry. GBAB currently has a PEG ratio of 0.5. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for GBAB relative to other companies in the Asset Management industry. Currently, GBAB has a P/S ratio of 9.6. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for GBAB in comparison with other companies in the Asset Management industry. Currently, GBAB has a P/B value of 0.9. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.
Income Statement
| TTM | |
|---|---|
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EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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