Barings Global Short Duration High Yield Fund Declares Monthly Dividend of $0.11 (NYSE:BGH)

Barings Global Short Duration High Yield Fund (NYSE:BGH) declared a monthly dividend on Tuesday, May 14th, Wall Street Journal reports. Shareholders of record on Tuesday, July 23rd will be paid a dividend of 0.1056 per share on Thursday, August 1st. This represents a $1.27 annualized dividend and a yield of 8.50%. The ex-dividend date is Tuesday, July 23rd.

Barings Global Short Duration High Yield Fund has decreased its dividend by an average of 2.6% annually over the last three years.

Barings Global Short Duration High Yield Fund Stock Down 0.2 %

Shares of BGH stock opened at $14.90 on Monday. The business’s fifty day moving average price is $14.49 and its 200 day moving average price is $14.21. Barings Global Short Duration High Yield Fund has a 1-year low of $11.92 and a 1-year high of $15.27.

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.