Barings Global Short Duration High Yield Fund Announces August 2024 Monthly Distribution of $0.1056 per Share and Special Distribution of $0.2000 per Share
Barings Global Short Duration High Yield Fund (NYSE: BGH) has announced its August 2024 monthly distribution of $0.1056 per share, payable on September 3, 2024. Based on the July 31, 2024 share price of $15.02, this represents an annualized yield of 8.43%. The Fund also declared a special distribution of $0.2000 per share, also payable on September 3, 2024, to meet its 2023 distribution requirements as a Regulated Investment Company.
The Fund has estimated monthly dividends of $0.1056 per share for September and October 2024. The total distribution on September 3, 2024, including both regular and special dividends, will be $0.3056 per share. BGH aims to pay distributions reflecting actual net investment income earned, with potential sources including short-term capital gain, long-term capital gain, or return of capital.
Il Barings Global Short Duration High Yield Fund (NYSE: BGH) ha annunciato la sua distribuzione mensile di agosto 2024 di $0.1056 per azione, che sarà pagata il 3 settembre 2024. Basato sul prezzo delle azioni del 31 luglio 2024 di $15.02, questo rappresenta un rendimenti annualizzato dell'8,43%. Il Fondo ha anche dichiarato una distribuzione speciale di $0.2000 per azione, anch'essa pagabile il 3 settembre 2024, per soddisfare i requisiti di distribuzione del 2023 come Società di Investimento Regolamentata.
Il Fondo ha stimato dividendi mensili di $0.1056 per azione per settembre e ottobre 2024. La distribuzione totale del 3 settembre 2024, compresi i dividendi ordinari e speciali, sarà di $0.3056 per azione. BGH mira a pagare distribuzioni che riflettono il reddito netto reale da investimenti guadagnato, con potenziali fonti che includono guadagni in conto capitale a breve termine, guadagni in conto capitale a lungo termine o restituzione di capitale.
El Barings Global Short Duration High Yield Fund (NYSE: BGH) ha anunciado su distribución mensual de agosto de 2024 de $0.1056 por acción, a pagar el 3 de septiembre de 2024. Basado en el precio de la acción del 31 de julio de 2024 de $15.02, esto representa un rendimiento anualizado del 8.43%. El Fondo también declaró una distribución especial de $0.2000 por acción, que también se pagará el 3 de septiembre de 2024, para cumplir sus requisitos de distribución de 2023 como Compañía de Inversión Regulada.
El Fondo ha estimado dividendos mensuales de $0.1056 por acción para septiembre y octubre de 2024. La distribución total del 3 de septiembre de 2024, incluidos los dividendos regulares y especiales, será de $0.3056 por acción. BGH tiene como objetivo pagar distribuciones que reflejen el ingreso neto real obtenido de las inversiones, con fuentes potenciales que incluyen ganancias de capital a corto plazo, ganancias de capital a largo plazo o devolución de capital.
Barings Global Short Duration High Yield Fund (NYSE: BGH)는 2024년 8월 월 배당금으로 주당 $0.1056을 발표했으며, 이는 2024년 9월 3일에 지급될 예정입니다. 2024년 7월 31일의 주가가 $15.02인 기준으로, 이는 연환산 수익률 8.43%에 해당합니다. 또한, 이 펀드는 2024년 9월 3일 지급될 주당 $0.2000의 특별 배당금을 선언했으며, 이는 규제 투자 회사로서 2023년 배당 요건을 충족하기 위한 것입니다.
펀드는 2024년 9월과 10월에 대해 주당 $0.1056의 월별 배당금을 추정했습니다. 2024년 9월 3일의 총 배당금은 정기 배당금과 특별 배당금을 포함하여 주당 $0.3056이 될 것입니다. BGH는 실제 순투자 소득을 반영하는 배당금을 지급하는 것을 목표로 하며, 잠재적 원천으로는 단기 자본 이득, 장기 자본 이득, 또는 자본 반환이 포함됩니다.
Le Barings Global Short Duration High Yield Fund (NYSE: BGH) a annoncé sa distribution mensuelle d'août 2024 de $0.1056 par action, payable le 3 septembre 2024. Sur la base du prix de l'action de 15,02 $ au 31 juillet 2024, cela représente un rendement annualisé de 8,43%. Le Fonds a également déclaré une distribution spéciale de 0,2000 $ par action, également payable le 3 septembre 2024, afin de répondre à ses exigences de distribution pour 2023 en tant que Société d'Investissement Régulée.
Le Fonds a estimé des dividendes mensuels de 0,1056 $ par action pour septembre et octobre 2024. La distribution totale le 3 septembre 2024, incluant à la fois des dividendes réguliers et spéciaux, sera de $0.3056 par action. BGH vise à payer des distributions reflétant le revenu net d'investissement réel gagné, avec des sources potentielles incluant des gains en capital à court terme, des gains en capital à long terme ou un retour de capital.
Der Barings Global Short Duration High Yield Fund (NYSE: BGH) hat seine monatliche Ausschüttung für August 2024 von $0.1056 pro Aktie bekannt gegeben, die am 3. September 2024 ausgezahlt wird. Basierend auf dem Aktienpreis vom 31. Juli 2024 von $15.02 entspricht dies einer annualisierten Rendite von 8,43%. Der Fonds erklärte ebenfalls eine sonstige Ausschüttung von $0.2000 pro Aktie, die ebenfalls am 3. September 2024 ausgezahlt wird, um die Ausschüttungsanforderungen für 2023 als reguliertes Investmentunternehmen zu erfüllen.
Der Fonds hat monatliche Dividenden von $0.1056 pro Aktie für September und Oktober 2024 geschätzt. Die gesamte Ausschüttung am 3. September 2024, einschließlich der regulären und besonderen Dividenden, wird $0.3056 pro Aktie betragen. BGH hat das Ziel, Ausschüttungen zu zahlen, die das tatsächlich erwirtschaftete Nettoeinkommen aus Investitionen widerspiegeln, wobei mögliche Quellen kurzfristige Kapitalgewinne, langfristige Kapitalgewinne oder Kapitalrückflüsse umfassen können.
- Monthly distribution of $0.1056 per share announced for August 2024
- Special distribution of $0.2000 per share declared
- Total distribution on September 3, 2024, will be $0.3056 per share
- Annualized yield of 8.43% based on July 31, 2024 share price
- None.
Insights
The announcement of Barings Global Short Duration High Yield Fund's monthly distribution of
However, investors should note that the Fund's share price of
The Fund's strategy of focusing on short-duration, global high yield bonds with a weighted average portfolio duration of 3 years or less is noteworthy. This approach can help mitigate interest rate risk, which is particularly relevant in the current volatile economic environment. However, investors should be aware that high-yield bonds carry higher default risks.
The Fund's non-diversified nature and closed-end structure add layers of complexity and potential volatility. While the high yield is attractive, it's essential to consider the Fund's overall risk profile and how it fits within a diversified portfolio. The special distribution, while beneficial in the short term, may not be a regular occurrence and shouldn't be factored into long-term income expectations.
In addition, the Fund announced estimated monthly dividends of
The dividend schedule appears below:
Month |
|
Ex-Date |
|
Record Date |
|
Payable Date |
|
Amount1 |
August |
|
08/22/2024 |
|
08/22/2024 |
|
09/03/2024 |
|
|
September |
|
09/20/2024 |
|
09/20/2024 |
|
10/01/2024 |
|
|
October |
|
10/23/2024 |
|
10/23/2024 |
|
11/01/2024 |
|
|
The Fund also announced a special distribution of
The following dates apply to the special distribution declared today:
Ex-Date |
|
Record Date |
|
Payable Date |
|
Amount |
8/22/2024 |
|
8/22/2024 |
|
9/03/2024 |
|
|
The total amount to be paid on September 3, 2024, inclusive of the regular and special dividend, is
The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain or return of capital. The final determination of the source and tax characteristics of these distributions will depend upon the Fund’s investment experience during its fiscal year and will be made after the Fund’s year end. The Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes.
The Fund is a non-diversified, closed-end management investment company that is managed by Barings LLC. The Fund invests primarily in short-duration, global high yield bonds with the objective of seeking as high a level of current income as Barings determines is consistent with capital preservation, with a secondary objective of capital appreciation. The Fund expects to maintain a weighted average portfolio duration, including the effects of leverage, of 3 years or less.
Cautionary Notice: Certain statements contained in this press release may be "forward looking" statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date in which they are made and which reflect management’s current estimates, projections, expectations or beliefs, and which are subject to risks and uncertainties that may cause actual results to differ materially. These statements are subject to change at any time based upon economic, market or other conditions and may not be relied upon as investment advice or an indication of the Fund's trading intent. References to specific securities are not recommendations of such securities, and may not be representative of the Fund's current or future investments. We undertake no obligation to publicly update forward looking statements, whether as a result of new information, future events, or otherwise.
Past performance is not necessarily indicative of future results.
About Barings
Barings is a
*As of June 30, 2024
1 Amounts represent estimates for September and October.
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Source: Barings
FAQ
What is the August 2024 monthly distribution for Barings Global Short Duration High Yield Fund (BGH)?
Has BGH announced any special distribution for 2024?
What is the total distribution amount for BGH on September 3, 2024?
What is the annualized yield for BGH based on the August 2024 distribution?
