GUGGENHEIM BUILD AM.B.M.D

GBAB is a diversified fund that primarily invests in taxable municipal bonds, bank loans, and high-yield credit securities. I previously gave GBAB a "hold" rating due to headwinds and better investment opportunities and that is an argument that holds up to this day. I see the premium to NAV and tight corporate bond spreads as reasons to stay cautious on new positions here. » Mehr auf seekingalpha.com

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust offers exposure to taxable municipal bonds and has a primary objective of providing current income. GBAB has seen strong performance in the short term, but there are concerns about its ability to sustain this performance. I recommend looking for better value elsewhere and am downgrading my outlook to "hold" for this CEF. » Mehr auf seekingalpha.com

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust offers exposure to taxable municipal bonds and other IG and high yield credit products. GBAB has struggled and experienced negative returns over the past six months, but I believe the next six months will offer gains. The fund's excessive premium no longer exists, although the extensive use of leverage and the potential for an income cut need to be weighed carefully. » Mehr auf seekingalpha.com