Guggenheim Taxable Municipal Managed Duration Trust (GBAB) — Tangible Net Worth Ratio
Guggenheim Taxable Municipal Managed Duration Trust (GBAB) has a Tangible Net Worth Ratio of 100.0% as of May 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($401.87 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Guggenheim Taxable Municipal Managed Dur to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Guggenheim Taxable Municipal Managed Duration Trust Tangible Net Worth Ratio (2016–2026)
This chart shows how Guggenheim Taxable Municipal Managed Duration Trust's Tangible Net Worth Ratio has changed across 11 annual periods from 2016 to 2026. As of May 2026, the ratio stands at 100.0%, reflecting net assets of $401.87 Million with intangible assets of $0.00 USD. For live market cap and overall valuation, see GBAB market cap.
Annual Tangible Net Worth Ratio for Guggenheim Taxable Municipal Managed Duration Trust (2016–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Guggenheim Taxable Municipal Managed Duration Trust from 2016 to 2026, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore capital reinvestment ratio of Guggenheim Taxable Municipal Managed Dur to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | $401.87 Million | $0.00 | $577.58 Million | ▲ +0.0 pp |
| 2025 | 100.0% | $400.31 Million | $0.00 | $553.06 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $382.78 Million | $0.00 | $510.47 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $367.97 Million | $0.00 | $495.79 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $401.12 Million | $0.00 | $570.66 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $472.69 Million | $0.00 | $756.52 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $414.17 Million | $0.00 | $508.12 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $395.72 Million | $0.00 | $501.89 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $395.22 Million | $0.00 | $491.13 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $405.78 Million | $0.00 | $521.75 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $405.82 Million | $0.00 | $559.45 Million | — |