Barings Global Short Duration High Yield Fund (NYSE:BGH) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Barings Global Short Duration High Yield Fund (NYSE:BGH) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $15.12 and traded as high as $15.17. Barings Global Short Duration High Yield Fund shares last traded at $15.01, with a volume of 94,633 shares trading hands.

Barings Global Short Duration High Yield Fund Trading Down 0.7%

The business’s 50 day moving average is $15.12 and its 200 day moving average is $15.55.

Barings Global Short Duration High Yield Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th will be given a dividend of $0.1223 per share. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date is Wednesday, February 18th.

Institutional Investors Weigh In On Barings Global Short Duration High Yield Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. Invesco Ltd. boosted its holdings in Barings Global Short Duration High Yield Fund by 27.4% during the 2nd quarter. Invesco Ltd. now owns 467,356 shares of the company’s stock valued at $7,197,000 after acquiring an additional 100,581 shares during the period. Guggenheim Capital LLC lifted its position in shares of Barings Global Short Duration High Yield Fund by 1.8% during the second quarter. Guggenheim Capital LLC now owns 300,089 shares of the company’s stock worth $4,621,000 after purchasing an additional 5,249 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of Barings Global Short Duration High Yield Fund by 9.0% during the second quarter. Raymond James Financial Inc. now owns 258,143 shares of the company’s stock valued at $3,975,000 after purchasing an additional 21,253 shares during the period. Shaker Financial Services LLC boosted its stake in shares of Barings Global Short Duration High Yield Fund by 77.3% during the second quarter. Shaker Financial Services LLC now owns 174,609 shares of the company’s stock valued at $2,710,000 after purchasing an additional 76,121 shares during the period. Finally, J.W. Cole Advisors Inc. grew its holdings in shares of Barings Global Short Duration High Yield Fund by 707.4% in the third quarter. J.W. Cole Advisors Inc. now owns 98,525 shares of the company’s stock worth $1,523,000 after purchasing an additional 86,322 shares during the last quarter.

Barings Global Short Duration High Yield Fund Company Profile

The Barings Global Short Duration High Yield Fund (NYSE: BGH) is a closed-end management investment company that seeks to deliver high current income with a secondary objective of capital appreciation. The fund invests primarily in a diversified portfolio of high-yield corporate debt instruments, combining both developed-market and emerging-market exposure. By focusing on short-duration securities, BGH aims to mitigate interest-rate risk while capturing the income potential of non-investment-grade credits.

BGH’s investment strategy centers on rigorous credit research and active portfolio management.