Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GUG·NYSE·Unknown·CIK 0001864208
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a diversified, closed-end management investment company launched by Guggenheim Partners, LLC. The Trust's primary investment objective is to provide current income, with a secondary objective of long-term capital appreciation. It was formed on October 26, 2010, and is domiciled in the United States, with its headquarters in Chicago, IL.
The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in the fixed income markets of the United States, primarily focusing on a diversified portfolio of taxable municipal securities, specifically Build America Bonds (BABs), and other investment-grade, income-generating debt securities. These debt securities can include instruments issued by non-profit entities related to healthcare, higher education, and housing, as well as municipal conduits, project finance corporations, and tax-exempt municipal securities. The Trust invests at least 80% of its net assets, plus borrowings for investment purposes, in these types of securities, with at least 50% of its managed assets in taxable municipal securities. The fund holds investments across various sectors, such as communications, industrial, financial, technology, utilities, military housing, infrastructure, and transport.
Sources:
[1] https://www.investing.com/equities/guggenheim-build-america-bonds-man
[2] https://pitchbook.com/profiles/company/303073-12
[3] https://markets.ft.com/data/equities/tearsheet/summary?s=GBAB:NYQ
[4] https://www.guggenheiminvestments.com/GuggenheimInvestments/media/PDF/Closed-End-Funds/GBAB-Prospectus.pdf
[5] https://www.guggenheiminvestments.com/cef/fund/gbab
[6] https://www.guggenheiminvestments.com/cef/fund/gbab/factcard
[7] https://www.fool.com/quote/nyse/gbab/
[8] https://www.sofi.com/invest/stock/GBAB/