Guggenheim Taxable Municipal Etf Performance

GBAB Etf  USD 15.48  0.05  0.32%   
The etf retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guggenheim Taxable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guggenheim Taxable is expected to be smaller as well.

Risk-Adjusted Performance

Insignificant

 
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Compared to the overall equity markets, risk-adjusted returns on investments in Guggenheim Taxable Municipal are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Guggenheim Taxable is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield
0.1023
Forward Dividend Rate
1.51
Dividend Date
2019-01-31
Ex Dividend Date
2023-10-12
 
Guggenheim Taxable dividend paid on 31st of December 2024
12/31/2024
1
Guggenheim Taxable Municipal Bond Investment Grade Debt Trust to Issue Monthly Dividend of 0.13
01/03/2025
 
Guggenheim Taxable dividend paid on 31st of January 2025
01/31/2025
2
Morgan Stanleys Strategic Acquisition of Guggenheim Taxable Municipal Managed Duration Trust Shares
02/04/2025
 
Guggenheim Taxable dividend paid on 28th of February 2025
02/28/2025
3
Guggenheim Taxable Municipal Bond Investment Grade Debt Trust declares 0.1257 dividend
03/03/2025
Begin Period Cash Flow318.2 K
  

Guggenheim Taxable Relative Risk vs. Return Landscape

If you would invest  1,515  in Guggenheim Taxable Municipal on December 17, 2024 and sell it today you would earn a total of  33.00  from holding Guggenheim Taxable Municipal or generate 2.18% return on investment over 90 days. Guggenheim Taxable Municipal is currently generating 0.0381% in daily expected returns and assumes 0.749% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Guggenheim, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Guggenheim Taxable is expected to generate 0.83 times more return on investment than the market. However, the company is 1.2 times less risky than the market. It trades about 0.05 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.08 per unit of risk.

Guggenheim Taxable Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Guggenheim Taxable's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Guggenheim Taxable Municipal, and traders can use it to determine the average amount a Guggenheim Taxable's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0509

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Estimated Market Risk

 0.75
  actual daily
6
94% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Guggenheim Taxable is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Guggenheim Taxable by adding it to a well-diversified portfolio.

Guggenheim Taxable Fundamentals Growth

Guggenheim Etf prices reflect investors' perceptions of the future prospects and financial health of Guggenheim Taxable, and Guggenheim Taxable fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Guggenheim Etf performance.

About Guggenheim Taxable Performance

By analyzing Guggenheim Taxable's fundamental ratios, stakeholders can gain valuable insights into Guggenheim Taxable's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Guggenheim Taxable has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Guggenheim Taxable has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Guggenheim Taxable Municipal Bond Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. Guggenheim Taxable is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.
On 28th of February 2025 Guggenheim Taxable paid $ 0.1257 per share dividend to its current shareholders
Latest headline from seekingalpha.com: Guggenheim Taxable Municipal Bond Investment Grade Debt Trust declares 0.1257 dividend
The fund retains all of the assets under management (AUM) in different types of exotic instruments

Other Information on Investing in Guggenheim Etf

Guggenheim Taxable financial ratios help investors to determine whether Guggenheim Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Guggenheim with respect to the benefits of owning Guggenheim Taxable security.