Barings Global Short Duration High Yield Fund Announces December 2024 Monthly Distribution of $0.1223 per Share
Barings Global Short Duration High Yield Fund (NYSE: BGH) has declared its monthly dividend of $0.1223 per share for December 2024, payable on January 2, 2025. Based on the Fund's November 29, 2024 share price of $15.88, this represents an annualized yield of 9.24%.
The Fund has also announced dividend dates for January and February 2025, maintaining the same distribution amount. The Fund aims to maintain a weighted average portfolio duration of 3 years or less, including leverage effects. Its primary objective is to seek high current income while preserving capital, with capital appreciation as a secondary goal.
The Fund invests primarily in short-duration, global high yield bonds and is managed by Barings Investors will receive Form 1099-DIV for tax reporting purposes.
Barings Global Short Duration High Yield Fund (NYSE: BGH) ha dichiarato il suo dividendo mensile di $0.1223 per azione per dicembre 2024, pagabile il 2 gennaio 2025. Basato sul prezzo delle azioni del fondo del 29 novembre 2024 di $15.88, ciò rappresenta un rendimento annualizzato del 9.24%.
Il fondo ha anche annunciato le date dei dividendi per gennaio e febbraio 2025, mantenendo lo stesso importo di distribuzione. L'obiettivo del fondo è mantenere una durata media ponderata del portafoglio di 3 anni o meno, incluso gli effetti della leva. Il suo obiettivo principale è cercare un alto reddito corrente preservando il capitale, con l'apprezzamento del capitale come obiettivo secondario.
Il fondo investe principalmente in obbligazioni ad alto rendimento a breve termine a livello globale ed è gestito da Barings. Gli investitori riceveranno il modulo 1099-DIV ai fini della dichiarazione dei redditi.
Barings Global Short Duration High Yield Fund (NYSE: BGH) ha declarado su dividendo mensual de $0.1223 por acción para diciembre de 2024, pagadero el 2 de enero de 2025. Con base en el precio de las acciones del fondo del 29 de noviembre de 2024 de $15.88, esto representa un rendimiento anualizado del 9.24%.
El fondo también ha anunciado las fechas de dividendos para enero y febrero de 2025, manteniendo la misma cantidad de distribución. El fondo tiene como objetivo mantener una duración promedio ponderada de la cartera de 3 años o menos, incluidos los efectos del apalancamiento. Su objetivo principal es buscar un alto ingreso corriente mientras preserva el capital, con la apreciación del capital como objetivo secundario.
El fondo invierte principalmente en bonos de alto rendimiento de corta duración a nivel global y es gestionado por Barings. Los inversores recibirán el Formulario 1099-DIV para fines de reporte fiscal.
Barings Global Short Duration High Yield Fund (NYSE: BGH)는 2024년 12월에 대해 주당 $0.1223의 월배당금을 선언했으며, 2025년 1월 2일에 지급됩니다. 2024년 11월 29일 기준으로 기금의 주가가 $15.88인 경우, 이는 연간 수익률 9.24%에 해당합니다.
기금은 2025년 1월과 2월의 배당 날짜를 발표했으며, 동일한 배당금을 유지합니다. 기금은 레버리지 효과를 포함하여 평균 포트폴리오 기간을 3년 이하로 유지하는 것을 목표로 합니다. 주요 목표는 자본을 보존하면서 높은 현재 소득을 추구하고, 자본 증가는 부차적인 목표입니다.
기금은 주로 단기 글로벌 고수익 채권에 투자하며, Barings에 의해 관리됩니다. 투자자는 세금 보고를 위해 1099-DIV 양식을 받게 됩니다.
Barings Global Short Duration High Yield Fund (NYSE: BGH) a déclaré son dividende mensuel de $0.1223 par action pour décembre 2024, payable le 2 janvier 2025. Sur la base du prix de l'action du fonds au 29 novembre 2024 de $15.88, cela représente un rendement annualisé de 9.24%.
Le fonds a également annoncé les dates de dividende pour janvier et février 2025, en maintenant le même montant de distribution. L'objectif du fonds est de maintenir une durée moyenne pondérée du portefeuille de 3 ans ou moins, y compris les effets de levier. Son objectif principal est de rechercher un revenu courant élevé tout en préservant le capital, la valorisation du capital étant un objectif secondaire.
Le fonds investit principalement dans des obligations à haut rendement à court terme au niveau mondial et est géré par Barings. Les investisseurs recevront le formulaire 1099-DIV à des fins de déclaration fiscale.
Barings Global Short Duration High Yield Fund (NYSE: BGH) hat seine monatliche Dividende in Höhe von $0.1223 pro Aktie für Dezember 2024 erklärt, die am 2. Januar 2025 zahlbar ist. Basierend auf dem Aktienkurs des Fonds am 29. November 2024 von $15.88 entspricht dies einer annualisierten Rendite von 9.24%.
Der Fonds hat auch die Dividendentermine für Januar und Februar 2025 angekündigt, während er den gleichen Verteilungsbetrag beibehält. Der Fonds hat sich zum Ziel gesetzt, eine gewichtete durchschnittliche Portfoliodauer von 3 Jahren oder weniger aufrechtzuerhalten, einschließlich der Hebeleffekte. Sein Hauptziel ist es, ein hohes laufendes Einkommen zu erzielen und dabei das Kapital zu erhalten, während die Kapitalwertsteigerung als sekundäres Ziel betrachtet wird.
Der Fonds investiert hauptsächlich in kurzfristige, globale Hochzinsanleihen und wird von Barings verwaltet. Anleger erhalten das Formular 1099-DIV zu Steuerberichterstattungszwecken.
- None.
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The dividend schedule appears below:
Month |
Ex-Date |
Record Date |
Payable Date |
Amount1 |
||||
December |
12/20/2024 |
12/20/2024 |
01/02/2025 |
|
||||
January |
01/22/2025 |
01/22/2025 |
02/03/2025 |
|
||||
February |
02/19/2025 |
02/19/2025 | 03/03/2025 |
|
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 September 30, 2024
1 Amounts represent estimates for January and February.
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Source: Barings
FAQ
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