GBAB

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Forecast

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RSI : 000

GBAB Stock Summary

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In the News

11:05 28 Mar 2024 GBAB

GBAB: A Few Reasons I Wouldn't Get Too Aggressive Here

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust offers exposure to taxable municipal bonds and has a primary objective of providing current income. GBAB has seen strong performance in the short term, but there are concerns about its ability to sustain this performance. I recommend looking for better value elsewhere and am downgrading my outlook to "hold" for this CEF.

08:33 28 Mar 2024 GBAB

GBAB: Raising Outlook As Bonds Have Merit Going Forward (Rating Upgrade)

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust offers exposure to taxable municipal bonds and other IG and high yield credit products. GBAB has struggled and experienced negative returns over the past six months, but I believe the next six months will offer gains. The fund's excessive premium no longer exists, although the extensive use of leverage and the potential for an income cut need to be weighed carefully.

12:55 28 Mar 2024 GBAB

GBAB: Look For Rallies To Switch Out

The Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a high-duration municipal bond fund that suffered heavy losses in 2022 as interest rates rose. Long-term interest rates are still rising, which may continue to negatively impact GBAB's net asset value in the short-to-medium term. The fund's distribution yield of 9.8% of NAV may not be sustainable, as the portfolio only yields 5.9%, potentially leading to a distribution shortfall.

09:04 28 Mar 2024 GBAB

GBAB: A Year Later, The Fund's Outlook Remains Challenging

I saw some value in GBAB a year ago, but that thesis did not pan out. With 2023 off to a rocky start, I think caution is warranted here. The fund's diversity is a plus, but it brings about risk with high yield exposure. This can amplify the yield but pose challenges if the economy deteriorates.

12:51 28 Mar 2024 GBAB

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

12:25 28 Mar 2024 GBAB

GBAB: Strong Yield Not Supported By Fundamentals

Average coupon or interest rate earned on investments of GBAB is 5.46 percent while it pays dividend with an average yield in excess of 7 percent. Historical price performance of GBAB has been extremely poor, both in the short and the long term.

08:37 28 Mar 2024 GBAB

GBAB: Buy Case Starting To Emerge

GBAB has been falling steadily, but a bottom could be at hand.

06:14 28 Mar 2024 GBAB

NBB: Mixed Outlook For The Year Ahead

NBB: Mixed Outlook For The Year Ahead

03:39 28 Mar 2024 GBAB

GBAB: Staying Patient Has Paid Off

GBAB traded at a fairly steep premium during my last review, and that made me cautious on the fund. After a sell-off, the fund has a more reasonable valuation, and I continue to find its diversified holding list attractive compared to its peers.

08:24 28 Mar 2024 GBAB

Taxable Munis Deserve Attention

The taxable municipal bond market is growing and mature. Taxable munis offer a range of benefits for certain investors, in particular insurance companies.

GBAB Financial details

Company Rating
Neutral
Market Cap
356.63M
Income
-18.97M
Revenue
39.83M
Book val./share
15.23
Cash/share
0.01
Dividend
1.51
Dividend %
8.94%
Employees
-
Optionable
No
Shortable
Yes
Earnings
-
P/E
-20.49
Forward P/E
-
PEG
2.91
P/S
-22.53
P/B
1.02
P/C
1630
P/FCF
7.1
Quick Ratio
50.43
Current Ratio
50.43
Debt / Equity
0.39
LT Debt / Equity
0
-
-
EPS (TTM)
-0.88
EPS next Y
-
EPS next Q
1.34
EPS this Y
-72.33%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
NAN%
Revenue last 5Y
NAN%
Revenue Q/Q
2.28%
EPS Q/Q
-105.44%
-
-
-
-
SMA20
-
SMA50
-
SMA100
6.67%
Inst Own
22.23%
Inst Trans
0.77%
ROA
-4%
ROE
-5%
ROC
-0.04%
Gross Margin
100%
Oper. Margin
107%
Profit Margin
107%
Payout
-176%
Shs Outstand
21.69M
Shs Float
21.61M
-
-
-
-
Target Price
-
52W Range
14.22-17.44
52W High
-4.12%
52W Low
+16.43%
RSI
44
Rel Volume
1.08
Avg Volume
70.51K
Volume
76.22K
Perf Week
-0.73%
Perf Month
-0.31%
Perf Quarter
8.52%
Perf Half Y
7.24%
-
-
-
-
Beta
0.450439
-
-
Volatility
0.05%, 0.27%
Prev Close
-0.61%
Price
16.3
Change
-1.09%

GBAB Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-05-31

Metric History 2019-05-312020-05-312021-05-312022-05-31 2023-05-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
1.580.942.28-2.96-0.78
Net income per share
1.530.892.22-3-0.83
Operating cash flow per share
1.150.3-6.421.552.46
Free cash flow per share
1.150.3-6.421.552.46
Cash per share
00.010.030.010.01
Book value per share
22.7425.3825.3318.3516.61
Tangible book value per share
22.7425.3825.3318.3516.61
Share holders equity per share
22.7425.3825.3318.3516.61
Interest debt per share
9.1810.9115.8115.4211.72
Market cap
406.85M383.48M455.21M425.26M361.59M
Enterprise value
507.56M476.27M650.35M592.95M488.52M
P/E ratio
15.2826.410.99-6.47-19.66
Price to sales ratio
14.825.0710.71-6.57-21.01
POCF ratio
20.2777.08-3.812.576.62
PFCF ratio
20.2777.08-3.812.576.62
P/B Ratio
1.030.930.961.060.98
PTB ratio
1.030.930.961.060.98
EV to sales
18.4731.1315.31-9.17-28.39
Enterprise value over EBITDA
17.2327.4915.26-9.23-26.57
EV to operating cash flow
25.2995.73-5.4317.538.95
EV to free cash flow
25.2995.73-5.4317.538.95
Earnings yield
0.070.040.09-0.15-0.05
Free cash flow yield
0.050.01-0.260.080.15
Debt to equity
0.40.420.620.840.69
Debt to assets
0.310.340.390.590.51
Net debt to EBITDA
3.425.364.58-2.61-6.9
Current ratio
1.713.311.4517.3650.43
Interest coverage
10.426.1836.27-44.4-3.31
Income quality
0.750.34-2.89-0.52-2.97
Dividend Yield
0.060.070.060.070.09
Payout ratio
0.981.810.68-0.46-1.76
Sales general and administrative to revenue
0.020.040.02-0.02-0.07
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
27.9822.5435.5735.2117.61
ROIC
0.050.030.06-0.09-0.03
Return on tangible assets
0.050.030.05-0.12-0.04
Graham Net
-5.5-5.4-10.09-7.2-5.42
Working capital
3.45M7.19M23.79M8.98M6.06M
Tangible asset value
395.72M414.17M472.69M401.12M367.97M
Net current asset value
-97.82M-86.18M-207.74M-160.01M-121.63M
Invested capital
0.40.420.620.840.69
Average receivables
8.59M7.99M41.56M42.36M7.62M
Average payables
2.6M2.74M26.44M26.43M335.63K
Average inventory
4.16M4.16M38.26M43.16M8.04M
Days sales outstanding
110.22183.04648.23-52.25-126.64
Days payables outstanding
556.2160.844.84K46.2213.07
Days of inventory on hand
944.2207.09K825.69670.04
Receivables turnover
3.311.990.56-6.99-2.88
Payables turnover
0.6660.087.927.94
Inventory turnover
0.3900.050.440.54
ROE
0.070.040.09-0.16-0.05
Capex per share
00000

Quarterly Fundamentals Overview

Last date of statement is 2023-11-30 for Q2

Metric History 2021-11-302022-05-312022-11-302023-05-31 2023-11-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
000.610.570.57
Net income per share
00-1.310.45-0.02
Operating cash flow per share
000.550.450.57
Free cash flow per share
000.550.450.57
Cash per share
000.010.010.01
Book value per share
0016.7416.0115.23
Tangible book value per share
0016.7416.0115.23
Share holders equity per share
0016.7416.0115.23
Interest debt per share
0012.0111.216.15
Market cap
00370.44M375.02M367.92M
Enterprise value
177.62M167.69M497.38M501.96M508.38M
P/E ratio
00-3.229.01-159.8
Price to sales ratio
0027.6928.6827.51
POCF ratio
0030.4336.0327.27
PFCF ratio
0030.4336.0327.27
P/B Ratio
001.011.021.03
PTB ratio
001.011.021.03
EV to sales
0037.1838.3938.01
Enterprise value over EBITDA
00-18.7336.62147.04
EV to operating cash flow
0040.8648.2337.68
EV to free cash flow
0040.8648.2337.68
Earnings yield
00-0.080.030
Free cash flow yield
000.030.030.04
Debt to equity
0.350.420.710.690.39
Debt to assets
0.260.290.530.510.28
Net debt to EBITDA
00-4.789.2640.63
Current ratio
1.0217.3650.4350.430
Interest coverage
00-11.934.110.89
Income quality
00-0.421-23.44
Dividend Yield
000.040.040.05
Payout ratio
00-0.551.58-29.37
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
0022.2112.782.9
ROIC
00-0.040.020.01
Return on tangible assets
00-0.060.020
Graham Net
00-5.36-5.22-6.01
Working capital
109.25K8.98M6.06M6.06M-145.94M
Tangible asset value
501.98M401.12M367.97M367.97M358.08M
Net current asset value
-181.08M-160.01M-121.63M-121.63M-146.74M
Invested capital
0.350.420.710.690.39
Average receivables
41.2M8.1M7.62M5.97M6.46M
Average payables
29.57M3.69M335.63K122.64K2.75M
Average inventory
005.4M8.54M3.14M
Days sales outstanding
0040.1741.146.77
Days payables outstanding
006.286.61293.45
Days of inventory on hand
00552.8339.150
Receivables turnover
002.242.191.92
Payables turnover
0014.3313.610.31
Inventory turnover
000.160.270
ROE
00-0.080.030
Capex per share
00000

GBAB Frequently Asked Questions

What is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock symbol ?

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a US stock , located in Chicago of Il and trading under the symbol GBAB

What is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock quote today ?

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock price is $16.3 today.

Is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock public?

Yes, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a publicly traded company.

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