Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) Interest Expense : $-7.22 Mil (TTM As of Nov. 2023)

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What is Guggenheim Taxable Municipal Managed Duration Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guggenheim Taxable Municipal Managed Duration Trust's interest expense for the six months ended in Nov. 2023 was $ -3.89 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was $-7.22 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Guggenheim Taxable Municipal Managed Duration Trust's Operating Income for the six months ended in Nov. 2023 was $ Mil. Guggenheim Taxable Municipal Managed Duration Trust's Interest Expense for the six months ended in Nov. 2023 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Guggenheim Taxable Municipal Managed Duration Trust Interest Expense Historical Data

The historical data trend for Guggenheim Taxable Municipal Managed Duration Trust's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Guggenheim Taxable Municipal Managed Duration Trust Interest Expense Chart

Guggenheim Taxable Municipal Managed Duration Trust Annual Data

Trend

May18

May19

May20

May21

May22

May23

Interest Expense

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-2.83

-2.81

-1.18

-1.45

-5.56

Guggenheim Taxable Municipal Managed Duration Trust Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Interest Expense	Get a 7-Day Free Trial								-0.58	-0.86	-2.23	-3.33	-3.89

Guggenheim Taxable Municipal Managed Duration Trust Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-7.22 Mil.

Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Taxable Municipal Managed Duration Trust (NYSE:GBAB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 West Monroe, Chicago, IL, USA, 60606

Website

https://www.guggenheiminvestments.com

Guggenheim Taxable Municipal Managed Duration Trust is a diversified closed-end management investment company. Its investment objective is to provide current income with a secondary objective of long-term capital appreciation. Its products include Mutual funds, Unit investment trusts, Closed-end funds, Rydex funds, Credit income fund.

Executives

Toupin Ronald E Jr	director, other: Trustee	117 ASHLAND AVENUE, RIVER FOREST IL 60305
Angela Brock-kyle	director, other: Trustee	3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Chubb Donald A. Jr.	director, other: Trustee	2455 CORPORATE WEST DRIVE, LISLE IL 60532
Lydon Thomas F Jr	director, other: Trustee
Sandra G Sponem	director, other: Trustee	800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Evan Loring Serdensky	other: Portfolio Manager	227 WEST MONROE STREET, CHICAGO IL 60606
William Rehder	officer: Assistant Vice President	227 W MONROE STREET, CHICAGO IL 60606
Steven H. Brown	other: Portfolio Manager	227 WEST MONROE STREET, 49TH FLOOR, CHICAGO IL 60606
Adam Bloch	other: portfolio manager	2455 CORPORATE WEST DRIVE, LISLE IL 60532
Jon Szafran	officer: Assistant Treasurer	227 W. MONROE STREET, CHICAGO IL 60606
Brian E. Binder	officer: President and CEO	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Anne Bookwalter Walsh	other: Managing Director	2455 CORPORATE WEST DRIVE, LISLE IL 60532
Keith David Kemp	officer: Assistant Treasurer	MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Glenn Mcwhinnie	officer: Assistant Treasurer	227 W. MONROE STREET, CHICAGO IL 60606
Adam J Nelson	officer: Assistant Treasurer	227 WEST MONROE STREET, CHICAGO IL 60606

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