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

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Friday, April 11th, Wall Street Journal reports. Investors of record on Friday, June 20th will be given a dividend of 0.1223 per share on Tuesday, July 1st. This represents a $1.47 dividend on an annualized basis and a yield of 9.71%. The ex-dividend date of this dividend is Friday, June 20th.

Barings Global Short Duration High Yield Fund Stock Performance

BGH opened at $15.12 on Wednesday. The business has a 50-day moving average of $14.51 and a two-hundred day moving average of $15.20. Barings Global Short Duration High Yield Fund has a 12 month low of $12.52 and a 12 month high of $16.34.

Institutional Investors Weigh In On Barings Global Short Duration High Yield Fund

An institutional investor recently raised its position in Barings Global Short Duration High Yield Fund stock. Royal Bank of Canada boosted its holdings in Barings Global Short Duration High Yield Fund (NYSE:BGH) by 12.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 62,354 shares of the company’s stock after acquiring an additional 7,000 shares during the quarter. Royal Bank of Canada’s holdings in Barings Global Short Duration High Yield Fund were worth $943,000 as of its most recent SEC filing.

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.