GBAB

Guggenheim Build America Bonds Managed Duration Trust

 

Portfolio Characteristics

as of 7/31/14
Weighted Average Duration (years) 9.40
YTM 6.17

This data is subject to change on a daily basis.

Asset Class Breakdown

as of 7/31/14
%
BABs Muni 71.83 %
QSCB 12.79 %
ABS 4.13 %
Loans 3.85 %
High Yield Corporates 2.99 %
Other 1.79 %
Muni Other 1.46 %
Investment Grade Corporates 1.16 %

This data is subject to change on a daily basis.

Credit Quality

as of 7/31/14
%
AAA/Aaa 0.21 %
AA/Aa 34.45 %
A 46.21 %
BBB/Baa 9.20 %
BB/Ba 2.18 %
B 5.77 %
Below B 1.98 %

Ratings shown are assigned by one or more Nationally Recognized Statistical Credit Rating Organizations ("NRSRO"), including Standard & Poor's and Moody's. The ratings are an indication of an issuer's creditworthiness and typically range from AAA or Aaa (highest) to D (lowest). When two ratings are available, the lowest rating is used; and when only one is available, that rating is used. The Non-Rated category consists of securities that have not been rated by either S&P or Moody’s. Bonds with a credit rating of BB or lower are considered below investment grade and carry a higher risk of default than investment grade rated bonds. Credit quality, as rated by S&P or Moody's, is an assessment of the credit worthiness of an issuer of the underlying security and not the Fund or its shares. Please note, the Fund itself has not been rated by an independent rating agency.

Top 10 Holdings

as of 7/31/14
%
NEW JERSEY ST TURNPIKE 2.67 %
WEST VA HIGHER ED POL COMMN 2.66 %
DALLAS TEX CONVENTION CTR HOTEL DEV CORP 2.41 %
CALIFORNIA (STATE OF) 2.36 %
NOBLESVILLE IND MULTI SCH BLDG CORP 2.24 %
LOS ANGELES CALIF DEPT WTR & PWR (Electric) 2.23 %
EL PASO TEX 2.23 %
WESTCHESTER CNTY N Y HEALTH CARE CORP REV 2.21 %
LOS ANGELES CALIF DEPT WTR & PWR (Water) 2.19 %
MIAMI DADE CNTY FLA TRANSIT 2.13 %

This data is subject to change on a daily basis.

Sector Concentration

as of 7/31/14
%
School 22.43 %
University 17.42 %
Transportation 11.05 %
Water & Sewer 8.31 %
Power 6.56 %
District-Special 6.35 %
Hospital 6.18 %
State 6.02 %
ABS 4.13 %
Loans 3.85 %
High Yield Corporates 2.99 %
Other 1.79 %
Investment Grade Corporates 1.16 %
County 0.92 %
Housing 0.65 %
City 0.19 %

This data is subject to change on a daily basis.

State Concentration

as of 7/31/14
%
California 17.25 %
Illinois 10.73 %
Washington 7.63 %
New Jersey 4.92 %
Indiana 4.82 %
New York 4.73 %
Texas 4.64 %
Michigan 4.30 %
Pennsylvania 3.23 %
Other 23.83 %

This data is subject to change on a daily basis.

Municipal Bond Type

as of 7/31/14
%
Revenue 56.64 %
General Obligation 21.29 %
Limited General Obligation 4.15 %
Certificate of Participation 3.27 %
Other 0.73 %

This data is subject to change on a daily basis.

 

Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC ("Guggenheim"). Guggenheim Funds Distributors, LLC is an affiliate of Guggenheim.

2014 Guggenheim Investments. All Rights Reserved.
• Not FDIC Insured • No Bank Guarantee • May Lose Value