GBAB

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

As of 5/24/24
Closing Market Price $16.02
Closing NAV $15.45
Premium/(Discount) 3.69%
Current Distribution Rate1, 29.42%

Portfolio


Duration

Weighted Average Duration (years) 8.59

Portfolio Characterstics

YTM 5.98

Asset Class Breakdown

BAB/QSCB/Taxable 53.94%
Investment Grade Corporate Bonds 12.84%
Asset-Backed Securities 9.34%
High Yield Corporate Bonds 7.85%
Bank Loans 6.78%
BAB Closed End Funds 3.12%
Muni Other 2.71%
Preferred Securities 1.13%
Non-Agency Mortgage-Backed Securities 0.91%
Private Placements 0.51%
Cash & Cash Equivalents 0.36%
Military Housing Bonds 0.19%
Foreign Government & Agencies 0.16%
Credit Tenant Loans 0.13%
FX Forward 0.02%
Equity 0.01%

Top 10 Holdings

West Virginia Sch Bldg Auth 7.65 04/01/2040 2.43%
Dallas Tex Convention Ctr Hotel Dev Corp 7.09 01/01/2042 2.26%
School District of Philadelphia 6.00 09/01/2030 2.12%
Westchester Medical Center 8.57 11/01/2040 2.04%
Oakland Calif Uni Sch Dist 6.88 08/01/2033 1.98%
Oklahoma ST Dev Fin Auth 5.45 08/15/2028 1.95%
Blackrock Taxable Municipal Bond Trust 0.00 01/00/1900 1.82%
Santa Ana Calif Uni Sch Dist 7.10 08/01/2040 1.81%
Evansville-Vanderburgh Ind Sch Bldg Corp 6.50 01/15/2030 1.75%
Pittsburgh PA Sch Dist 6.85 09/01/2029 1.48%

Sector Concentration

School 13.80%
Investment Grade Corporate Bonds 12.84%
Asset-Backed Securities 9.34%
Hospital 8.25%
High Yield Corporate Bonds 7.85%
Bank Loans 6.78%
University 6.48%
General Purpose 5.62%
State 4.92%
Transportation 3.53%
District - Special 3.47%
Water & Sewer 2.45%
Housing 1.76%
Power 1.19%
Preferred Securities 1.13%
Utility 0.96%
Non-Agency Mortgage-Backed Securities 0.91%
Recreational 0.62%
County 0.57%
Private Placements 0.51%
City 0.50%
Sales Tax 0.40%
Cash & Cash Equivalents 0.36%
Military Housing Bonds 0.19%
Foreign Government & Agencies 0.16%
Credit Tenant Loans 0.13%
FX Forward 0.02%
Equity Strategy 0.01%
Other 5.26%

State Concentration

California 15.98%
Texas 14.47%
Washington 7.81%
Pennsylvania 6.09%
New York 5.25%
Illinois 4.98%
Ohio 4.84%
Oklahoma 4.19%
West Virginia 4.07%
Indiana 3.87%
Other 28.45%

Municipal Bond Type

Revenue 63.16%
General Obligation 24.68%
Certificate of Participation 0.88%
Limited General Obligation 2.48%
Other 8.80%

*Source: BlackRock Solutions and Bloomberg. The fund credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). All securities except for those labeled “Not Rated” or "FX Forwad" have been rated by a Nationally Recognized Statistical Rating Organization (“NRSRO”). For purposes of this presentation, when ratings are available from more than one agency, the highest rating is used. Guggenheim Investments converts ratings to the equivalent S&P rating.


Credit Quality

AAA 1.83%
AA 32.19%
A 24.99%
BBB 18.87%
BB 6.82%
B 7.18%
CCC 0.77%
CC 0.02%
Not Rated 6.96%
FX Forward 0.02%
Cash & Cash Equivalents 0.36%





Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("Guggenheim"). Guggenheim Funds Distributors, LLC is an affiliate of Guggenheim.

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• Not FDIC Insured • No Bank Guarantee • May Lose Value

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