Barings Global Short Duration High Yield Fund Announces Monthly Distribution for July 2024, payable on August 1, 2024; Estimates Monthly Monthly Dividend for the August 2024 and September 2024, Payable on September 3, 2024 and October 3, 2024 Respectively
July 12, 2024 at 12:30 am IST
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The Barings Global Short Duration High Yield Fund announced its monthly dividend for July 2024 of $0.1056 per share, payable on August 1, 2024. Based on the Fund?s June 28, 2024 share price of $14.45 per share, the dividend represents an annualized yield of 8.77% per share. Based on current projections through the payable date, the Fund expects that this dividend will be comprised of net investment income. Ex-Date July 23, 2024, record July 23, 2024
Barings Global Short Duration High Yield Fund announced estimated monthly dividends of $0.1056 per share for August 2024 and September 2024. August month Ex-Date August 22, 2024, record August 22, 2024 and payable on September 3, 2024, September month Ex-Date September 22, 2024, record date September 22, 2024 and payable on October 3, 2024.
Barings Global Short Duration High Yield Fund is a closed-end management investment company. The Fund's primary investment objective is to seek as high a level of current income as the advisor determines is consistent with capital preservation. It seeks capital appreciation as a secondary investment objective. It will invest at least 80% of its managed assets in bonds, loans and other income-producing instruments that are rated below investment grade. The Fund invests in various sectors, including aerospace and defense; automotive; beverage, food, and tobacco; broadcasting and entertainment; buildings and real estate; cargo transport; chemicals, plastics, and rubber; commercial services; containers, packaging, and glass; diversified/conglomerate manufacturing; diversified/conglomerate service; electronics; finance; forest products and paper; healthcare, education and childcare, Internet, lodging, and hotels, motels, and others. Barings LLC serves as an investment advisor to the Fund.
Barings Global Short Duration High Yield Fund Announces Monthly Distribution for July 2024, payable on August 1, 2024; Estimates Monthly Monthly Dividend for the August 2024 and September 2024, Payable on September 3, 2024 and October 3, 2024 Respectively
BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND 
