Barings Global Short Duration High Yield Fund (BGH) to Issue Monthly Dividend of $0.12 on August 1st

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Tuesday, May 13th, Wall Street Journal reports. Stockholders of record on Tuesday, July 22nd will be paid a dividend of 0.1223 per share on Friday, August 1st. This represents a $1.47 dividend on an annualized basis and a dividend yield of 9.94%. The ex-dividend date is Tuesday, July 22nd.

Barings Global Short Duration High Yield Fund has increased its dividend by an average of 6.2% annually over the last three years.

Barings Global Short Duration High Yield Fund Trading Down 0.2%

Shares of NYSE:BGH opened at $14.77 on Thursday. The company’s fifty day moving average is $14.53 and its 200 day moving average is $15.31. Barings Global Short Duration High Yield Fund has a 52 week low of $12.52 and a 52 week high of $16.34.

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.