CION Investment (CION) vs Guggenheim Taxable Municipal Bond & Investment Grade Debt (GBAB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Guggenheim Taxable Municipal Bond & Investment Grade Debt (GBAB) has outperformed CION Investment (CION) over the past year, losing 20.3% versus a loss of 25.3%. Over five years, CION leads with a -42.1% price change compared with -47.9% for GBAB. Guggenheim Taxable Municipal Bond & Investment Grade Debt is the larger company by market cap ($345.7 million vs $341.7 million), about 1.0 times the size.
On valuation, Guggenheim Taxable Municipal Bond & Investment Grade Debt trades at a lower trailing P/E (10.7x vs 99.2x for CION Investment). CION Investment pays a dividend yielding 19.01%, while Guggenheim Taxable Municipal Bond & Investment Grade Debt does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CION | GBAB |
|---|---|---|
| Share price | $6.95 | $12.48 |
| Market cap | $341.71M | $345.69M |
| 1-day change | -0.22% | 0.00% |
| YTD return | -28.02% | -16.35% |
| 1-year return | -25.32% | -20.31% |
| 5-year return | -42.10% | -47.87% |
| P/E ratio (TTM) | 99.21 | 10.67 |
| Forward P/E | 6.07 | — |
| EPS (TTM) | $0.07 | $1.17 |
| Dividend yield | 19.01% | 12.09% |
| Annual dividend | $1.32 | $0.00 |
| 52-week high | $10.40 | $15.80 |
| 52-week low | $5.83 | $12.31 |
| Distance from 52-week high | -33.22% | -21.01% |
| Analyst consensus | none | — |
| Avg. price target upside | +25.99% | — |
| Average volume | 449.12K | 120.67K |
| Shares outstanding | 49.20M | 27.70M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CION Investment trades at a higher earnings multiple (99.2x vs 10.7x trailing P/E).
- CION Investment offers a meaningfully higher dividend yield (19.01% vs 12.09%).
About CION Investment
CION stock →CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.
Finance · Finance/Investors Services
About Guggenheim Taxable Municipal Bond & Investment Grade Debt
GBAB stock →Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC.
Finance · Investment Managers
CION vs GBAB FAQ
Which is bigger, CION Investment or Guggenheim Taxable Municipal Bond & Investment Grade Debt?
Guggenheim Taxable Municipal Bond & Investment Grade Debt (GBAB) is larger, with a market capitalization of $345.69M compared with $341.71M for CION Investment (CION).
Which stock has performed better over the past year, CION or GBAB?
GBAB returned -20.31% over the past 12 months, compared with -25.32% for CION (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CION or GBAB?
GBAB has the lower trailing P/E at 10.7, versus 99.2 for CION. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CION Investment or Guggenheim Taxable Municipal Bond & Investment Grade Debt?
CION Investment has the higher yield at 19.01%, compared with 12.09% for Guggenheim Taxable Municipal Bond & Investment Grade Debt.
Are CION Investment and Guggenheim Taxable Municipal Bond & Investment Grade Debt in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for CION Investment and Investment Managers for Guggenheim Taxable Municipal Bond & Investment Grade Debt.