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Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) Market Cap : $376.62 Mil (As of May. 28, 2024)


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What is Guggenheim Taxable Municipal Managed Duration Trust Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Guggenheim Taxable Municipal Managed Duration Trust's share price for the quarter that ended in Nov. 2023 was $15.65. Guggenheim Taxable Municipal Managed Duration Trust's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 23.51 Mil. Therefore, Guggenheim Taxable Municipal Managed Duration Trust's market cap for the quarter that ended in Nov. 2023 was $367.93 Mil.

Guggenheim Taxable Municipal Managed Duration Trust's quarterly market cap declined from Nov. 2022 ($377.25 Mil) to May. 2023 ($375.02 Mil) and declined from May. 2023 ($375.02 Mil) to Nov. 2023 ($367.93 Mil).

Guggenheim Taxable Municipal Managed Duration Trust's annual market cap declined from May. 2021 ($502.10 Mil) to May. 2022 ($425.26 Mil) and declined from May. 2022 ($425.26 Mil) to May. 2023 ($375.02 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Guggenheim Taxable Municipal Managed Duration Trust's Enterprise Value for Today is $517.08 Mil.


Guggenheim Taxable Municipal Managed Duration Trust Market Cap Historical Data

The historical data trend for Guggenheim Taxable Municipal Managed Duration Trust's Market Cap 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 Market Cap Chart

Guggenheim Taxable Municipal Managed Duration Trust Annual Data
Trend May18 May19 May20 May21 May22 May23
Market Cap
Get a 7-Day Free Trial 407.35 435.06 502.10 425.26 375.02

Guggenheim Taxable Municipal Managed Duration Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 510.06 425.26 377.25 375.02 367.93

Competitive Comparison of Guggenheim Taxable Municipal Managed Duration Trust's Market Cap

For the Asset Management subindustry, Guggenheim Taxable Municipal Managed Duration Trust's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Guggenheim Taxable Municipal Managed Duration Trust's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Guggenheim Taxable Municipal Managed Duration Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where Guggenheim Taxable Municipal Managed Duration Trust's Market Cap falls into.



Guggenheim Taxable Municipal Managed Duration Trust Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Guggenheim Taxable Municipal Managed Duration Trust's Market Cap for the fiscal year that ended in May. 2023 is calculated as

Market Cap (A: May. 2023 )=Share Price (A: May. 2023 )*Shares Outstanding (EOP) (A: May. 2023 )
=$16.32*22.9794
=$375.02

Guggenheim Taxable Municipal Managed Duration Trust's Market Cap for the quarter that ended in Nov. 2023 is calculated as

Market Cap (Q: Nov. 2023 )=Share Price (Q: Nov. 2023 )*Shares Outstanding (EOP) (Q: Nov. 2023 )
=$15.65*23.5096
=$367.93

* 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.


Guggenheim Taxable Municipal Managed Duration Trust  (NYSE:GBAB) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Guggenheim Taxable Municipal Managed Duration Trust Market Cap Related Terms

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

Traded in Other Exchanges
N/A
Address
227 West Monroe, Chicago, IL, USA, 60606
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

Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) Headlines