Barings Global Short Duration High Yield Fund (BGH) to Issue Monthly Dividend of $0.12 on February 3rd

Barings Global Short Duration High Yield Fund (NYSE:BGH) declared a monthly dividend on Thursday, November 14th,Wall Street Journal reports. Shareholders of record on Wednesday, January 22nd will be given a dividend of 0.1223 per share on Monday, February 3rd. This represents a $1.47 dividend on an annualized basis and a dividend yield of 9.64%. The ex-dividend date of this dividend is Wednesday, January 22nd. This is a positive change from Barings Global Short Duration High Yield Fund’s previous monthly dividend of $0.11.

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

Barings Global Short Duration High Yield Fund Stock Performance

BGH stock opened at $15.23 on Friday. Barings Global Short Duration High Yield Fund has a twelve month low of $12.80 and a twelve month high of $16.30. The stock’s 50 day moving average is $15.28 and its 200-day moving average is $14.87.

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.