Barings Global Short Duration High Yield Fund (NYSE:BGH – Get Free Report) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Investors of record on Monday, April 21st will be given a dividend of 0.1223 per share on Thursday, May 1st. This represents a $1.47 annualized dividend and a yield of 9.25%. The ex-dividend date is Monday, April 21st.
Barings Global Short Duration High Yield Fund has raised its dividend by an average of 0.4% annually over the last three years.
Barings Global Short Duration High Yield Fund Price Performance
NYSE:BGH opened at $15.86 on Thursday. Barings Global Short Duration High Yield Fund has a 1 year low of $13.70 and a 1 year high of $16.34. The business has a fifty day moving average of $15.77 and a 200-day moving average of $15.45.
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.
Recommended Stories
- Five stocks we like better than Barings Global Short Duration High Yield Fund
- What is the Hang Seng index?
- Digital Turbine Roars Back—What’s Driving the Ad Tech Surge?
- Stock Dividend Cuts Happen Are You Ready?
- 6 Stocks Poised to Benefit From a Trade War in Unexpected Ways
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
Receive News & Ratings for Barings Global Short Duration High Yield Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barings Global Short Duration High Yield Fund and related companies with MarketBeat.com's FREE daily email newsletter.