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

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Friday, June 7th, Wall Street Journal reports. Shareholders of record on Thursday, August 22nd will be paid a dividend of 0.1056 per share on Tuesday, September 3rd. This represents a $1.27 dividend on an annualized basis and a yield of 8.27%. The ex-dividend date is Thursday, August 22nd.

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 Performance

Barings Global Short Duration High Yield Fund stock opened at $15.32 on Wednesday. Barings Global Short Duration High Yield Fund has a twelve month low of $11.92 and a twelve month high of $15.40. The stock’s 50 day moving average is $14.80 and its 200 day moving average is $14.39.

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.