Barings Global Short Duration High Yield Fund (BGH) To Go Ex-Dividend on March 20th

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Monday, January 13th, Wall Street Journal reports. Stockholders of record on Thursday, March 20th will be given a dividend of 0.1223 per share on Tuesday, April 1st. This represents a $1.47 dividend on an annualized basis and a dividend yield of 9.59%. The ex-dividend date of this dividend is Thursday, March 20th.

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

Barings Global Short Duration High Yield Fund Price Performance

BGH stock opened at $15.30 on Tuesday. Barings Global Short Duration High Yield Fund has a 1 year low of $13.71 and a 1 year high of $16.34. The firm has a 50-day moving average of $15.77 and a 200 day moving average of $15.55.

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.