Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) Plans $0.15 Monthly Dividend

Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) declared a monthly dividend on Friday, May 10th, Wall Street Journal reports. Shareholders of record on Tuesday, July 23rd will be paid a dividend of 0.1482 per share on Thursday, August 1st. This represents a $1.78 annualized dividend and a yield of 9.87%. The ex-dividend date of this dividend is Monday, July 22nd.

Barings Global Short Duratin Hgh Yld Fnd has decreased its dividend payment by an average of 8.3% per year over the last three years.

Shares of NYSE:BGH opened at $18.01 on Friday. Barings Global Short Duratin Hgh Yld Fnd has a 1-year low of $15.13 and a 1-year high of $19.95. The firm’s 50 day moving average price is $17.95.

Barings Global Short Duratin Hgh Yld Fnd 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.

Recommended Story: How does a 12b-1 fee affect fund performance?

Dividend History for Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH)

Receive News & Ratings for Barings Global Short Duratin Hgh Yld Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barings Global Short Duratin Hgh Yld Fnd and related companies with MarketBeat.com's FREE daily email newsletter.