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

Barings Global Short Duration High Yield Fund (NYSE:BGH) declared a monthly dividend on Friday, October 10th. Stockholders of record on Friday, December 19th will be paid a dividend of 0.1223 per share on Friday, January 2nd. This represents a c) annualized dividend and a dividend yield of 9.7%. The ex-dividend date is Friday, December 19th.

Barings Global Short Duration High Yield Fund Stock Up 0.3%

Shares of BGH stock traded up $0.05 during trading hours on Wednesday, reaching $15.17. The stock had a trading volume of 24,050 shares, compared to its average volume of 89,502. The firm has a 50-day simple moving average of $15.09 and a 200-day simple moving average of $15.54. Barings Global Short Duration High Yield Fund has a twelve month low of $12.52 and a twelve month high of $16.90.

About Barings Global Short Duration High Yield Fund

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.