NINE MASTS CAPITAL Ltd Takes Position in Barings Global Short Duratin Hgh Yld Fnd (BGH)

NINE MASTS CAPITAL Ltd acquired a new position in shares of Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,600 shares of the company’s stock, valued at approximately $70,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Laurion Capital Management LP grew its position in Barings Global Short Duratin Hgh Yld Fnd by 38.5% during the 2nd quarter. Laurion Capital Management LP now owns 311,915 shares of the company’s stock worth $5,858,000 after purchasing an additional 86,746 shares during the last quarter. Wells Fargo & Company MN grew its position in Barings Global Short Duratin Hgh Yld Fnd by 2.9% during the 3rd quarter. Wells Fargo & Company MN now owns 309,993 shares of the company’s stock worth $6,007,000 after purchasing an additional 8,727 shares during the last quarter. Morgan Stanley grew its position in Barings Global Short Duratin Hgh Yld Fnd by 4.9% during the 3rd quarter. Morgan Stanley now owns 274,137 shares of the company’s stock worth $5,313,000 after purchasing an additional 12,840 shares during the last quarter. Bank of America Corp DE grew its position in Barings Global Short Duratin Hgh Yld Fnd by 10.4% during the 2nd quarter. Bank of America Corp DE now owns 210,804 shares of the company’s stock worth $3,959,000 after purchasing an additional 19,872 shares during the last quarter. Finally, First Trust Advisors LP grew its position in Barings Global Short Duratin Hgh Yld Fnd by 3.6% during the 3rd quarter. First Trust Advisors LP now owns 130,332 shares of the company’s stock worth $2,526,000 after purchasing an additional 4,476 shares during the last quarter.

NYSE:BGH opened at $16.79 on Friday. Barings Global Short Duratin Hgh Yld Fnd has a twelve month low of $16.70 and a twelve month high of $19.95.

The business also recently announced a monthly dividend, which will be paid on Wednesday, January 2nd. Shareholders of record on Thursday, December 20th will be given a dividend of $0.1482 per share. This represents a $1.78 annualized dividend and a yield of 10.59%. The ex-dividend date of this dividend is Wednesday, December 19th.

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Barings Global Short Duratin Hgh Yld Fnd Company Profile

Barings Global Short Duration High Yield Fund, formerly Babson Capital Global Short Duration High Yield Fund, is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek as high a level of current income as the advisor determines is consistent with capital preservation.

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Institutional Ownership by Quarter for Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH)

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