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

Barings Global Short Duration High Yield Fund (NYSE:BGH) declared a monthly dividend on Tuesday, September 10th,Wall Street Journal reports. Shareholders of record on Wednesday, November 20th will be given a dividend of 0.1056 per share on Monday, December 2nd. This represents a $1.27 dividend on an annualized basis and a yield of 8.27%. The ex-dividend date of this dividend is Wednesday, November 20th.

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

Barings Global Short Duration High Yield Fund Stock Up 0.7 %

NYSE:BGH opened at $15.33 on Tuesday. Barings Global Short Duration High Yield Fund has a 1-year low of $12.80 and a 1-year high of $16.30. The company has a 50-day moving average of $15.29 and a 200 day moving average of $14.89.

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.