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

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Wednesday, September 11th, Wall Street Journal reports. Investors of record on Wednesday, November 20th will be paid a dividend of 0.1056 per share on Monday, December 2nd. This represents a $1.27 dividend on an annualized basis and a dividend yield of 8.40%. The ex-dividend date is Wednesday, November 20th.

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

Barings Global Short Duration High Yield Fund Stock Performance

NYSE BGH remained flat at $15.08 during trading on Thursday. 2,766 shares of the company’s stock were exchanged, compared to its average volume of 61,041. The business’s fifty day moving average is $15.00 and its two-hundred day moving average is $14.51. Barings Global Short Duration High Yield Fund has a one year low of $11.92 and a one year high of $15.40.

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.