Barings Global Short Duration High Yield Fund Announces Monthly Dividend of $0.11 (NYSE:BGH)

Barings Global Short Duration High Yield Fund (NYSE:BGH) announced a monthly dividend on Monday, September 13th, Wall Street Journal reports. Shareholders of record on Friday, November 19th will be given a dividend of 0.1056 per share on Wednesday, December 1st. This represents a $1.27 dividend on an annualized basis and a yield of 7.38%. The ex-dividend date is Thursday, November 18th.

BGH stock opened at $17.16 on Wednesday. Barings Global Short Duration High Yield Fund has a 1 year low of $12.75 and a 1 year high of $17.39. The business has a 50 day simple moving average of $17.05 and a 200-day simple moving average of $16.60.

An institutional investor recently raised its position in Barings Global Short Duration High Yield Fund stock. Morgan Stanley increased its position in shares of Barings Global Short Duration High Yield Fund (NYSE:BGH) by 9.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 496,673 shares of the company’s stock after buying an additional 41,726 shares during the quarter. Morgan Stanley’s holdings in Barings Global Short Duration High Yield Fund were worth $8,483,000 at the end of the most recent reporting period.

About Barings Global Short Duration High Yield Fund

Barings Global Short Duration High Yield Fund is a non-diversified closed-ended investment fund. Its investment objective is to seek a high level of current income with capital preservation. The company was founded on May 20, 2011 and is headquartered in Charlotte, NC.

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Dividend History for Barings Global Short Duration High Yield Fund (NYSE:BGH)

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