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Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) 5-Year Yield-on-Cost % : 9.51 (As of May. 13, 2024)


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What is Guggenheim Taxable Municipal Managed Duration Trust 5-Year Yield-on-Cost %?

Guggenheim Taxable Municipal Managed Duration Trust's yield on cost for the quarter that ended in Nov. 2023 was 9.51.


The historical rank and industry rank for Guggenheim Taxable Municipal Managed Duration Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

GBAB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.9   Med: 6.86   Max: 10.41
Current: 9.51


During the past 6 years, Guggenheim Taxable Municipal Managed Duration Trust's highest Yield on Cost was 10.41. The lowest was 5.90. And the median was 6.86.


GBAB's 5-Year Yield-on-Cost % is ranked better than
76.07% of 1216 companies
in the Asset Management industry
Industry Median: 5.925 vs GBAB: 9.51

Competitive Comparison of Guggenheim Taxable Municipal Managed Duration Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Guggenheim Taxable Municipal Managed Duration Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Guggenheim Taxable Municipal Managed Duration Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Guggenheim Taxable Municipal Managed Duration Trust's 5-Year Yield-on-Cost % falls into.



Guggenheim Taxable Municipal Managed Duration Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Guggenheim Taxable Municipal Managed Duration Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Guggenheim Taxable Municipal Managed Duration Trust  (NYSE:GBAB) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Guggenheim Taxable Municipal Managed Duration Trust 5-Year Yield-on-Cost % 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