Barings Fund announces monthly dividend with 9.21% annual yield

CHARLOTTE, N.C. - The Barings Global Short Duration High Yield Fund (NYSE: BGH) has declared a monthly dividend of $0.1223 per share for March 2025, payable on April 1, 2025. With a current market capitalization of $306.58 million, the fund has demonstrated strong dividend consistency, currently offering investors a substantial yield of 10.89% according to InvestingPro data. The dividend is based on the February 28, 2025 share price of $15.94 and represents an annualized yield of 9.21%.

The Fund, which is a non-diversified, closed-end management investment company managed by Barings LLC, primarily invests in short-duration, global high yield bonds. Its investment strategy aims to generate a high level of current income consistent with capital preservation, and it has a secondary objective of capital appreciation. InvestingPro analysis reveals the fund has maintained dividend payments for 14 consecutive years while delivering an impressive 18.41% total return over the past year. The fund’s strategy of maintaining low price volatility has proven effective for income-focused investors.

The dividend schedule for the next three months, with the same dividend amount of $0.1223 per share, has been set with ex-dates and record dates on March 20, April 21, and May 20, and payable dates on April 1, May 1, and June 2, respectively. These amounts are estimates for April and May. For investors seeking detailed dividend analysis and additional insights, InvestingPro offers 6 more exclusive tips about BGH’s financial health and market position.

Investors should note that distributions may be sourced from net investment income, short-term capital gains, long-term capital gains, or a return of capital. The final determination of the source and tax characteristics of these distributions will be made after the Fund’s fiscal year-end and will be reported to investors on Form 1099-DIV.

Barings LLC, the manager of the Fund, is a global asset management firm with $421 billion in assets as of December 31, 2024. The company is a subsidiary of MassMutual and offers a range of investment services to its clients.

The Fund aims to maintain a weighted average portfolio duration, including the effects of leverage, of three years or less.

This information is based on a press release statement and is intended for informational purposes only. Statements in the press release that are forward-looking are based on current estimates and are subject to change. Past performance is not indicative of future results, and investors are advised not to place undue reliance on forward-looking statements.

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