Barings Global Short Duration High Yield Fund Announces Monthly Dividend for January 2020 payable on February 3, 2020; Provides Earnings Guidance for February 2020 and March 2020, payable on March 02, 2020 and April 01, 2020 respectively
January 06, 2020 at 11:04 pm IST
Share
Barings Global Short Duration High Yield Fund announced its monthly dividend for January 2020 of $0.1408 per share, payable on February 3, 2020 with record date of January 23, 2020 and ex-date of January 22, 2020.
In addition, the Fund announced estimated monthly distributions of $0.1408 per share for February 2020 and March 2020. Ex dates are February 19, 2020 and March 20, 2020 record dates are February 20, 2020 and March 23, 2020 and payable on March 2, 2020 and April 1, 2020 respectively.
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 Dividend for January 2020 payable on February 3, 2020; Provides Earnings Guidance for February 2020 and March 2020, payable on March 02, 2020 and April 01, 2020 respectively