Barings Global Short Duration High Yield Fund Announces Monthly Dividend of $0.12 (NYSE:BGH)

Barings Global Short Duration High Yield Fund (NYSE:BGH) declared a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Shareholders of record on Tuesday, May 20th will be given a dividend of 0.1223 per share on Monday, June 2nd. This represents a $1.47 annualized dividend and a yield of 9.64%. The ex-dividend date of this dividend is Tuesday, May 20th.

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

Barings Global Short Duration High Yield Fund Price Performance

Barings Global Short Duration High Yield Fund stock opened at $15.23 on Thursday. Barings Global Short Duration High Yield Fund has a 1 year low of $13.71 and a 1 year high of $16.34. The firm has a 50-day moving average of $15.80 and a two-hundred day moving average of $15.55.

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.