GUGGENHEIM BUILD AM.B.M.D

I evaluate Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust for its potential to provide current income and long-term capital appreciation. GBAB offers diversified exposure to taxable municipal bonds, bank loans, and high-yield credit securities. Initially cautious about GBAB in early 2024 due to high pricing and an expected hawkish Fed, which proved accurate. I now see a stronger investment case for it in 2025.» Mehr auf seekingalpha.com

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.» Mehr auf seekingalpha.com

GBAB's recent price pullback offers a good opportunity to lock in a high yield of 9.6%, supported by rate-cut tailwinds and leverage benefits. The mix of municipal and investment-grade corporate bonds in the Fund's portfolio is promising, especially with historically strong performance. It offers a good bond alternative for diversification and portfolio reallocation. Despite a high expense ratio of 1.20%, GBAB maintains a consistent NAV premium, indicating market strength, but inflation remains a risk for leveraged funds.» Mehr auf seekingalpha.com