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

Barings Global Short Duration High Yield Fund (NYSE:BGH) declared a monthly dividend on Tuesday, November 10th. Investors of record on Wednesday, January 20th will be paid a dividend of $0.1223 per share on Monday, February 1st. This represents a $1.47 dividend on an annualized basis and a yield of 11.6%. The ex-dividend date is Wednesday, January 20th.

Barings Global Short Duration High Yield Fund Stock Performance

BGH stock traded down $0.10 during trading on Wednesday, hitting $12.60. 32,339 shares of the stock traded hands, compared to its average volume of 89,816. Barings Global Short Duration High Yield Fund has a 1 year low of $12.37 and a 1 year high of $15.35. The firm’s 50 day moving average is $13.17 and its two-hundred day moving average is $13.93.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. TSP Capital Management Group LLC grew its holdings in shares of Barings Global Short Duration High Yield Fund by 0.9% during the third quarter. TSP Capital Management Group LLC now owns 406,029 shares of the company’s stock valued at $5,307,000 after buying an additional 3,801 shares during the last quarter. Shaker Financial Services LLC increased its position in shares of Barings Global Short Duration High Yield Fund by 16.4% during the third quarter. Shaker Financial Services LLC now owns 219,769 shares of the company’s stock valued at $2,897,000 after acquiring an additional 31,021 shares in the last quarter. Readystate Asset Management LP purchased a new position in Barings Global Short Duration High Yield Fund in the 1st quarter worth approximately $1,142,000. NewEdge Advisors LLC raised its holdings in Barings Global Short Duration High Yield Fund by 19.8% in the 2nd quarter. NewEdge Advisors LLC now owns 79,957 shares of the company’s stock worth $1,127,000 after acquiring an additional 13,227 shares during the last quarter. Finally, Corient Private Wealth LP purchased a new position in Barings Global Short Duration High Yield Fund in the 2nd quarter worth approximately $962,000.

About Barings Global Short Duration High Yield Fund

Barings Global Short Duration High Yield Fund (NYSE: BGH) is a closed-end investment fund 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 short-duration, below-investment-grade debt securities. The fund invests in a diversified portfolio of high-yield corporate bonds, loans and other fixed-income instruments issued by companies and governments in the United States and international markets.