Barings Global Short Duration High Yield Fund (BGH) to Issue Monthly Dividend of $0.12 on June 2nd

Barings Global Short Duration High Yield Fund (NYSE:BGH) declared a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Shareholders of record on Tuesday, May 20th will be paid a dividend of 0.1223 per share on Monday, June 2nd. This represents a $1.47 annualized dividend and a yield of 9.64%. The ex-dividend date is Tuesday, May 20th.

Barings Global Short Duration High Yield Fund has increased its dividend payment by an average of 6.2% per year over the last three years.

Barings Global Short Duration High Yield Fund Stock Performance

Shares of NYSE:BGH opened at $15.23 on Thursday. The company’s fifty day moving average is $15.80 and its 200 day moving average is $15.55. Barings Global Short Duration High Yield Fund has a 52 week low of $13.71 and a 52 week high of $16.34.

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.