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

Barings Global Short Duration High Yield Fund (NYSE:BGH) declared a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Shareholders of record on Monday, April 21st will be paid a dividend of 0.1223 per share on Thursday, May 1st. This represents a $1.47 dividend on an annualized basis and a yield of 9.26%. The ex-dividend date is Monday, April 21st.

Barings Global Short Duration High Yield Fund has raised its dividend payment by an average of 0.4% per year over the last three years.

Barings Global Short Duration High Yield Fund Price Performance

Barings Global Short Duration High Yield Fund stock traded down $0.04 during midday trading on Tuesday, hitting $15.85. The company’s stock had a trading volume of 99,177 shares, compared to its average volume of 59,362. Barings Global Short Duration High Yield Fund has a 12 month low of $13.70 and a 12 month high of $16.34. The stock’s 50-day moving average price is $15.79 and its 200-day moving average price is $15.44.

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.