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

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Tuesday, January 14th,Wall Street Journal reports. Shareholders of record on Thursday, March 20th will be given a dividend of 0.1223 per share on Tuesday, April 1st. This represents a $1.47 dividend on an annualized basis and a yield of 9.24%. The ex-dividend date of this dividend is Thursday, March 20th.

Barings Global Short Duration High Yield Fund Price Performance

BGH opened at $15.88 on Thursday. Barings Global Short Duration High Yield Fund has a 12 month low of $13.56 and a 12 month high of $16.34. The stock has a fifty day moving average price of $15.69 and a 200-day moving average price of $15.30.

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.