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
Weak | Strong |
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 Flow | 318.2 K |
Guggenheim |
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 |
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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| Negative Returns | GBAB |
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.
| Shares Outstanding | 26.71 M | ||||
| Price To Earning | 9.55 X | ||||
| Price To Book | 1.00 X | ||||
| Price To Sales | 8.77 X | ||||
| Revenue | 22.52 M | ||||
| EBITDA | 29.43 M | ||||
| Total Debt | 119.22 M | ||||
| Cash Flow From Operations | 14.74 M | ||||
| Earnings Per Share | 1.96 X | ||||
| Total Asset | 510.47 M | ||||
| Retained Earnings | (66.89 M) | ||||
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.