# Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Common Shares of Beneficial Interest (GBAB) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $13.65, market value $378 million.

## Valuation
- **P/E (trailing): 11.6×** (5-yr avg 14.3×, 3-yr avg 14.3×). Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Common Shares of Beneficial Interest trades at 11.6× trailing earnings, close to its own five-year average of 14.3×. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 11.6×**. Each dollar of revenue is priced at 11.6×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 4.3%** (5-yr avg 6.0%). Free cash flow equals 4.3% of the market value, below its five-year average of 6.0%, so the shares are pricier on cash than usual.
- **Earnings yield: 8.6%**. The inverse of the P/E: 8.6% of the price is earned each year.

## Profitability
- **Net margin: 97.7%**. 97.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.9%**. 7.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 5.5%**. Each dollar of assets produces 5.5% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 42.9%**. Revenue grew 42.9% over the last year.
- **Free-cash-flow growth (3 yr): -33.4%/yr**. Free cash flow has compounded at -33.4% a year over three years.

## Financial health
- **Cash and short-term investments: $19,471**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 11.05%** ($1.51 per share, trailing). Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Common Shares of Beneficial Interest yields 11.05%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 124%** (245% of free cash flow). The dividend exceeds earnings (124% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 8**. 8 straight years of increases.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.
- **Shareholder yield: 8.6%**. Dividends plus net buybacks return 8.6% of the market value a year.

## Price and momentum
- **Total return (1 yr): -3.7%** (YTD -2.8%, 3-mo -1.2%). The shares are down 3.7% over twelve months including dividends.
- **From 52-week high: -14.4%** (1.0% above the low). Trading 14% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): 0.43** (volatility 11%). Beta of 0.43 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GBAB · Page: https://foliofundamentals.com/stocks/gbab

Not investment advice.