Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
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About
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed-end fixed income fund managed by Guggenheim Investments. The trust's investment objective is to provide current income with a secondary focus on capital appreciation by investing primarily in taxable municipal securities and investment-grade corporate debt. The fund's portfolio includes taxable municipal bonds issued by state and local governments, as well as corporate bonds rated investment grade by major rating agencies. As a closed-end fund, GBAB trades on the stock exchange and may trade at a premium or discount to its net asset value. The trust uses leverage to enhance returns, which also amplifies risk.