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

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Thursday, July 11th, Wall Street Journal reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.1056 per share on Tuesday, October 1st. This represents a $1.27 annualized dividend and a dividend yield of 8.39%. The ex-dividend date is Friday, September 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 opened at $15.11 on Thursday. The firm’s fifty day moving average is $15.03 and its 200 day moving average is $14.54. Barings Global Short Duration High Yield Fund has a fifty-two week low of $11.92 and a fifty-two week 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.