Guggenheim Build America Bonds (GBAB) : Arlington Capital Management has sold out all of its stake in Guggenheim Build America Bonds during the most recent quarter, according to the disclosure filed by the company on Aug 2, 2016 with the SEC. The investment management company has sold out 26,276 shares of Guggenheim Build America Bonds which is valued at $618,537.
Other Hedge Funds, Including , Signalpoint Asset Management boosted its stake in GBAB in the latest quarter, The investment management firm added 191 additional shares and now holds a total of 14,537 shares of Guggenheim Build America Bonds which is valued at $342,782. Guggenheim Build America Bonds makes up approx 0.14% of Signalpoint Asset Management’s portfolio.Sigma Planning Corp reduced its stake in GBAB by selling 1,990 shares or 11.87% in the most recent quarter. The Hedge Fund company now holds 14,768 shares of GBAB which is valued at $345,128. Guggenheim Build America Bonds makes up approx 0.04% of Sigma Planning Corp’s portfolio. Atria Investments added GBAB to its portfolio by purchasing 10,500 company shares during the most recent quarter which is valued at $244,755. Guggenheim Build America Bonds makes up approx 0.03% of Atria Investments’s portfolio.
Guggenheim Build America Bonds Managed Duration Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income with a secondary objective of long-term capital appreciation. Under normal market conditions the Trust invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in a diversified portfolio of taxable municipal securities known as Build America Bonds (BABs). The Trust may invest up to 20% of its managed assets in securities other than BABs including taxable municipal securities that do not qualify for federal subsidy payments municipal securities the interest income from which is exempt from regular federal income tax asset-backed securities (ABS) senior loans and other income-producing securities. Guggenheim Funds Investment Advisors LLC serves as the investment advisor to the Trust.