Barings Global Short Duration High Yield Fund (NYSE:BGH) Declares Dividend Increase – $0.12 Per Share

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a — dividend on Wednesday, December 11th,Wall Street Journal reports. Investors of record on Wednesday, February 19th will be given a dividend of 0.1223 per share on Monday, March 3rd. This represents a yield of 9.3%. The ex-dividend date is Wednesday, February 19th. This is a boost from Barings Global Short Duration High Yield Fund’s previous — dividend of $0.11.

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

Barings Global Short Duration High Yield Fund Stock Performance

NYSE:BGH opened at $15.88 on Monday. The stock’s 50 day moving average price is $15.76 and its 200 day moving average price is $15.47. Barings Global Short Duration High Yield Fund has a 52 week low of $13.70 and a 52 week high of $16.34.

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.