Barings Global Short Duration High Yield Fund (NYSE:BGH) Declares Monthly Dividend of $0.12

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Monday, October 12th. Stockholders of record on Monday, December 21st will be paid a dividend of $0.1223 per share on Monday, January 4th. This represents a $1.47 annualized dividend and a dividend yield of 11.3%. The ex-dividend date is Monday, December 21st.

Barings Global Short Duration High Yield Fund Stock Performance

Shares of BGH opened at $12.99 on Tuesday. Barings Global Short Duration High Yield Fund has a 1 year low of $12.81 and a 1 year high of $15.45. The business has a 50-day moving average of $13.79 and a 200-day moving average of $13.96.

Institutional Trading of Barings Global Short Duration High Yield Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. TSP Capital Management Group LLC increased its position in shares of Barings Global Short Duration High Yield Fund by 25.9% during the first quarter. TSP Capital Management Group LLC now owns 409,027 shares of the company’s stock worth $5,587,000 after buying an additional 84,273 shares during the period. PFG Investments LLC raised its stake in Barings Global Short Duration High Yield Fund by 2.5% during the first quarter. PFG Investments LLC now owns 108,668 shares of the company’s stock worth $1,484,000 after buying an additional 2,700 shares during the last quarter. Readystate Asset Management LP acquired a new position in Barings Global Short Duration High Yield Fund in the first quarter valued at $1,142,000. NewEdge Advisors LLC lifted its holdings in Barings Global Short Duration High Yield Fund by 19.8% in the second quarter. NewEdge Advisors LLC now owns 79,957 shares of the company’s stock valued at $1,127,000 after buying an additional 13,227 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in Barings Global Short Duration High Yield Fund by 17.9% in the first quarter. Janney Montgomery Scott LLC now owns 70,614 shares of the company’s stock valued at $965,000 after buying an additional 10,707 shares during the period.

About Barings Global Short Duration High Yield Fund

Barings Global Short Duration High Yield Fund (NYSE: BGH) is a closed-end investment company managed by Barings LLC. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in below-investment-grade fixed-income securities.

The fund focuses on a globally diversified portfolio of short-duration high-yield bonds and other income-producing debt instruments. Its investments may include corporate bonds, loans and other credit-related securities issued by companies and borrowers in the United States and international markets.