Barings Global Short Duration High Yield Fund (NYSE:BGH) Plans Monthly Dividend of $0.12
by Mitch Edgeman · The Markets DailyBarings Global Short Duration High Yield Fund (NYSE:BGH – Get Free Report) announced a monthly dividend on Monday, January 12th. Investors of record on Friday, March 20th will be given a dividend of 0.1223 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 9.7%. The ex-dividend date is Friday, March 20th.
Barings Global Short Duration High Yield Fund Trading Up 0.0%
Shares of NYSE:BGH traded up $0.01 during mid-day trading on Tuesday, reaching $15.21. The company had a trading volume of 76,903 shares, compared to its average volume of 63,225. The company’s 50-day moving average price is $15.10 and its 200-day moving average price is $15.55. Barings Global Short Duration High Yield Fund has a one year low of $12.52 and a one year high of $16.90.
Institutional Investors Weigh In On Barings Global Short Duration High Yield Fund
Institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. lifted its position in Barings Global Short Duration High Yield Fund by 27.4% during the second quarter. Invesco Ltd. now owns 467,356 shares of the company’s stock valued at $7,197,000 after purchasing an additional 100,581 shares during the period. Guggenheim Capital LLC increased its stake in shares of Barings Global Short Duration High Yield Fund by 1.8% in 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 in the last quarter. Raymond James Financial Inc. lifted its position in shares of Barings Global Short Duration High Yield Fund by 9.0% in the second quarter. Raymond James Financial Inc. now owns 258,143 shares of the company’s stock valued at $3,975,000 after acquiring an additional 21,253 shares in the last quarter. Shaker Financial Services LLC raised its stake in Barings Global Short Duration High Yield Fund by 77.3% during the 2nd 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. lifted its stake in Barings Global Short Duration High Yield Fund by 707.4% in the 3rd 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 in the last quarter.
About Barings Global Short Duration High Yield Fund
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.
Featured Stories
- Five stocks we like better than Barings Global Short Duration High Yield Fund
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- This stock gets a 94 out of 100
- First Time Since 2007: All Warnings Active