Barings Global Short Duration High Yield Fund (NYSE:BGH) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Shares of Barings Global Short Duration High Yield Fund (NYSE:BGHGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $15.55 and traded as low as $15.04. Barings Global Short Duration High Yield Fund shares last traded at $15.1550, with a volume of 87,334 shares traded.

Barings Global Short Duration High Yield Fund Stock Up 0.2%

The company has a 50 day moving average price of $15.10 and a 200 day moving average price of $15.55.

Barings Global Short Duration High Yield Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th will be given a $0.1223 dividend. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a c) dividend on an annualized basis and a yield of 9.7%.

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

A number of institutional investors and hedge funds have recently made changes to their positions in BGH. Guggenheim Capital LLC raised its position in Barings Global Short Duration High Yield Fund by 1.8% in the second quarter. Guggenheim Capital LLC now owns 300,089 shares of the company’s stock valued at $4,621,000 after purchasing an additional 5,249 shares during the period. Nilsine Partners LLC grew its stake in shares of Barings Global Short Duration High Yield Fund by 2.3% in the third quarter. Nilsine Partners LLC now owns 62,006 shares of the company’s stock valued at $959,000 after buying an additional 1,413 shares in the last quarter. Secure Asset Management LLC grew its stake in shares of Barings Global Short Duration High Yield Fund by 23.2% in the third quarter. Secure Asset Management LLC now owns 86,164 shares of the company’s stock valued at $1,330,000 after buying an additional 16,198 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of Barings Global Short Duration High Yield Fund by 707.4% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 98,525 shares of the company’s stock valued at $1,523,000 after buying an additional 86,322 shares during the period. Finally, Oppenheimer & Co. Inc. acquired a new position in Barings Global Short Duration High Yield Fund during the 3rd quarter worth about $178,000.

About Barings Global Short Duration High Yield Fund

(Get Free Report)

The Barings Global Short Duration High Yield Fund (NYSE: BGH) is a closed-end management investment company that seeks to deliver high current income with a secondary objective of capital appreciation. The fund invests primarily in a diversified portfolio of high-yield corporate debt instruments, combining both developed-market and emerging-market exposure. By focusing on short-duration securities, BGH aims to mitigate interest-rate risk while capturing the income potential of non-investment-grade credits.

BGH’s investment strategy centers on rigorous credit research and active portfolio management.

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