Barings Global Short Duration High Yield Fund (NYSE:BGH – Get Free Report) announced a monthly dividend on Monday, October 12th. Shareholders 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 dividend on an annualized basis and a yield of 11.3%. The ex-dividend date is Monday, December 21st.
Barings Global Short Duration High Yield Fund Price Performance
Shares of BGH opened at $12.99 on Tuesday. Barings Global Short Duration High Yield Fund has a 52-week low of $12.81 and a 52-week high of $15.45. The business’s 50 day moving average price is $13.79 and its two-hundred day moving average price is $13.96.
Institutional Trading of Barings Global Short Duration High Yield Fund
Several hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Barings Global Short Duration High Yield Fund during the 2nd quarter valued at $26,000. Allworth Financial LP bought a new position in Barings Global Short Duration High Yield Fund during the second quarter worth $51,000. Western Wealth Management LLC bought a new position in Barings Global Short Duration High Yield Fund during the first quarter worth $87,000. Elevation Point Wealth Partners LLC acquired a new stake in Barings Global Short Duration High Yield Fund in the second quarter worth $142,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in Barings Global Short Duration High Yield Fund in the second quarter worth $150,000.
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.
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