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 Friday, April 12th, Wall Street Journal reports. Shareholders of record on Thursday, June 20th will be given a dividend of 0.1056 per share on Monday, July 1st. This represents a $1.27 dividend on an annualized basis and a dividend yield of 8.80%. The ex-dividend date is Thursday, June 20th.

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

Barings Global Short Duration High Yield Fund Stock Performance

BGH stock opened at $14.40 on Tuesday. Barings Global Short Duration High Yield Fund has a 52 week low of $11.92 and a 52 week high of $14.67. The firm’s 50-day moving average is $14.18 and its two-hundred day moving average is $13.98.

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.