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TEAF - GBAB: Strong Yield Not Supported By Fundamentals
May, 24 2022 12:25 PM
Tortoise Essential Assets Income Term Fund of Beneficial Interest
Average coupon or interest rate earned on investments of GBAB is 5.46 percent while it pays dividend with an average yield in excess of 7 percent. Historical price performance of GBAB has been extremely poor, both in the short and the long term. GBAB is currently trading near its all-time low price, and the SMAs indicate a further downward price movement. For further details see:
GBAB: Strong Yield Not Supported By Fundamentals
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