other material
confidence high
sentiment neutral
materiality 0.20
GBAB trust board approves new sub-advisory agreement with affiliate GPA
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
- Board approved new sub-advisory agreement among GBAB, Guggenheim Funds Investment Advisors, and Guggenheim Partners Advisors (GPA) on April 29, 2022.
- GPA will assist current sub-adviser GPIM in supervising the trust's investment strategy.
- No change to trust's investment objective, policies, or portfolio management team.
- GPA compensated by Investment Adviser out of advisory fees; no additional cost to trust.
- Adviser, GPIM, and GPA are all Guggenheim Investments affiliates.