Barings Global Short Duration High Yield Fund (NYSE:BGH) Declares Monthly Dividend of $0.12

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Investors of record on Monday, April 21st will be given a dividend of 0.1223 per share on Thursday, May 1st. This represents a $1.47 annualized dividend and a yield of 9.26%. The ex-dividend date of this dividend is Monday, April 21st.

Barings Global Short Duration High Yield Fund has increased its dividend payment by an average of 0.4% annually over the last three years.

Barings Global Short Duration High Yield Fund Stock Down 0.2 %

Shares of Barings Global Short Duration High Yield Fund stock traded down $0.04 on Tuesday, reaching $15.85. 99,177 shares of the company were exchanged, compared to its average volume of 59,362. Barings Global Short Duration High Yield Fund has a 1-year low of $13.70 and a 1-year high of $16.34. The company’s 50-day moving average is $15.79 and its two-hundred day moving average is $15.44.

Barings Global Short Duration High Yield Fund Company Profile

Babson Capital Global Short Duration High Yield Fund is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund is co-managed by Babson Capital Global Advisors Limited. It invests in fixed income markets across the globe. The fund primarily invests in global high-yield bonds, loans, and other income-producing instruments that are, at the time of purchase, rated below Baa3 by Moody's Investors Service, Inc or below BBB- by Standard & Poor's Rating Services.