Barings Global Short Duration High Yield Fund (NYSE:BGH – Get Free Report) declared a monthly dividend on Tuesday, November 10th. Stockholders of record on Wednesday, January 20th will be given a dividend of $0.1223 per share on Monday, February 1st. This represents a $1.47 dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date is Wednesday, January 20th.
Barings Global Short Duration High Yield Fund Stock Down 0.4%
Shares of Barings Global Short Duration High Yield Fund stock opened at $12.64 on Thursday. Barings Global Short Duration High Yield Fund has a 12 month low of $12.37 and a 12 month high of $15.35. The business has a fifty day simple moving average of $13.14 and a 200 day simple moving average of $13.92.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of BGH. Advisors Asset Management Inc. acquired a new position in shares of Barings Global Short Duration High Yield Fund in the 3rd quarter valued at $1,306,000. Readystate Asset Management LP acquired a new stake in Barings Global Short Duration High Yield Fund during the 1st quarter worth approximately $1,142,000. Corient Private Wealth LP acquired a new stake in shares of Barings Global Short Duration High Yield Fund during the second quarter worth $962,000. Bank of America Corp DE acquired a new stake in shares of Barings Global Short Duration High Yield Fund during the second quarter worth $790,000. Finally, Hennion & Walsh Asset Management Inc. lifted its position in Barings Global Short Duration High Yield Fund by 282.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 61,799 shares of the company’s stock valued at $871,000 after acquiring an additional 45,638 shares in the last quarter.
Barings Global Short Duration High Yield Fund Company Profile
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.
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