Barings Global Short Duration High Yield Fund (NYSE:BGH) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Barings Global Short Duration High Yield Fund (NYSE:BGHGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.48 and traded as low as $15.02. Barings Global Short Duration High Yield Fund shares last traded at $15.07, with a volume of 57,733 shares traded.

Barings Global Short Duration High Yield Fund Trading Up 0.2%

The stock’s fifty day simple moving average is $15.13 and its two-hundred day simple moving average is $15.48.

Barings Global Short Duration High Yield Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 20th will be paid a dividend of $0.1223 per share. The ex-dividend date is Friday, March 20th. This represents a c) annualized dividend and a yield of 9.7%.

Hedge Funds Weigh In On Barings Global Short Duration High Yield Fund

Institutional investors have recently made changes to their positions in the stock. Camelot Portfolios LLC bought a new stake in shares of Barings Global Short Duration High Yield Fund in the 4th quarter worth approximately $83,000. Allworth Financial LP acquired a new stake in Barings Global Short Duration High Yield Fund in the second quarter worth $94,000. Elevation Point Wealth Partners LLC bought a new stake in Barings Global Short Duration High Yield Fund in the third quarter valued at $156,000. Jefferies Financial Group Inc. acquired a new position in shares of Barings Global Short Duration High Yield Fund during the second quarter valued at $165,000. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of Barings Global Short Duration High Yield Fund during the third quarter valued at $178,000.

About Barings Global Short Duration High Yield Fund

(Get Free Report)

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.

Further Reading

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