# Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB): Mutual Fund Facts & Distributions

> Markdown mirror of https://www.dividenddata.com/funds/gbab for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Issuer: Guggenheim · Asset class: Bond
- Strategy: Thematic · Inception: 2010-10-28

The Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed-end mutual fund focusing on fixed-income investments, originally launched by Guggenheim Partners, LLC. Its operations are jointly managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. The trust allocates capital within the United States' fixed income markets, primarily building a diversified portfolio composed of taxable municipal securities, particularly those designated as Build America Bonds. Established on October 26, 2010, this U.S.-domiciled entity was for...

## Key Facts

| Metric | Value |
|---|---|
| Price | $12.53 |
| Expense Ratio | 2.59% |
| Assets Under Management | $347.1M |
| NAV | — |
| Holdings Count | — |
| Distribution Yield (TTM) | 12.04% |
| Annual Distribution (TTM) | $1.51 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $12.31 – $15.80 |
| Beta | 0.55 |

## Latest Distribution

- Amount: $0.1257 /share
- Ex-date: 2026-10-15
- Pay date: 2026-10-30

## Frequently Asked Questions

### What does GBAB invest in?

The Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed-end mutual fund focusing on fixed-income investments, originally launched by Guggenheim Partners, LLC. Its operations are jointly managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. The trust allocates capital within the United States' fixed income markets, primarily building a diversified portfolio composed of taxable municipal securities, particularly those designated as Build America Bonds. Established on October 26, 2010, this U.S.-domiciled entity was formerly known as Guggenheim Taxable Municipal Managed Duration Trust.

### What is the expense ratio of GBAB?

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) charges an expense ratio of 2.59%. This is the annual fee deducted from fund assets to cover management and operations.

### What is GBAB's dividend yield?

GBAB's trailing-twelve-month yield is 12.04%, calculated from the sum of dividends over the past year divided by the current price.

### What is the duration of GBAB?

Effective duration measures GBAB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GBAB's current duration is published on the fund's factsheet on the issuer's website.

### What is the credit quality of GBAB?

GBAB's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

### What is the yield to maturity of GBAB?

Yield to maturity (YTM) is the total return you'd earn from GBAB if every bond in the portfolio is held to maturity at the current price. GBAB's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

### Does GBAB pay a dividend?

Yes, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) distributes dividends to shareholders. The trailing-twelve-month yield is 12.04%. Full dividend history is on this page.

### How often does GBAB pay dividends?

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is GBAB's next ex-dividend date?

The most recently announced ex-dividend date for GBAB was 2026-10-15. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### How much will GBAB's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 2.59% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does GBAB charge its expense ratio?

The expense ratio is deducted in tiny daily slices from GBAB's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does GBAB cost more than a fund like VOO?

GBAB's strategy (current expense ratio 2.59%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where GBAB sits within its own category, which is the comparison that actually matters.

### Are there cheaper alternatives to GBAB?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GBAB (2.59%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/gbab
- Distribution history: https://www.dividenddata.com/funds/gbab/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/gbab/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/gbab/expenses
- Peer comparison: https://www.dividenddata.com/funds/gbab/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.