Barings Global Short Duration High Yield Fund (BGH) To Go Ex-Dividend on January 22nd

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Monday, November 11th,Wall Street Journal reports. Stockholders of record on Wednesday, January 22nd will be given a dividend of 0.1223 per share on Monday, February 3rd. This represents a $1.47 dividend on an annualized basis and a dividend yield of 9.29%. The ex-dividend date is Wednesday, January 22nd. This is a positive change from Barings Global Short Duration High Yield Fund’s previous monthly dividend of $0.11.

Barings Global Short Duration High Yield Fund Stock Performance

NYSE BGH opened at $15.79 on Monday. Barings Global Short Duration High Yield Fund has a fifty-two week low of $13.56 and a fifty-two week high of $16.34. The stock has a 50-day simple moving average of $15.69 and a two-hundred day simple moving average of $15.33.

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.