First Trust Advisors LP Boosts Stake in Barings Global Short Duratin Hgh Yld Fnd (BGH)
First Trust Advisors LP grew its stake in shares of Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) by 43.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,035 shares of the company’s stock after acquiring an additional 24,550 shares during the period. First Trust Advisors LP’s holdings in Barings Global Short Duratin Hgh Yld Fnd were worth $1,603,000 at the end of the most recent reporting period.
Separately, Walter & Keenan Financial Consulting Co. MI ADV acquired a new stake in shares of Barings Global Short Duratin Hgh Yld Fnd during the 2nd quarter valued at approximately $202,000.
Shares of Barings Global Short Duratin Hgh Yld Fnd (NYSE BGH) opened at 20.46 on Friday. The stock’s 50 day moving average is $20.24 and its 200-day moving average is $20.02. Barings Global Short Duratin Hgh Yld Fnd has a 52-week low of $17.34 and a 52-week high of $20.49.
The business also recently declared a monthly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Monday, October 23rd will be paid a $0.1534 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date of this dividend is Friday, October 20th.
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Barings Global Short Duratin Hgh Yld Fnd Profile
Barings Global Short Duration High Yield Fund, formerly Babson Capital Global Short Duration High Yield Fund, is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek as high a level of current income as the advisor determines is consistent with capital preservation.
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