Barings Global Short Duration High Yield Fund Announces January 2025 Monthly Distribution of $0.1223 per Share

Rhea-AI Summary

Barings Global Short Duration High Yield Fund (NYSE: BGH) has declared its monthly dividend of $0.1223 per share for January 2025, payable on February 3, 2025. Based on the Fund's December 31, 2024 share price of $15.44, this represents an annualized yield of 9.51%.

The Fund has also announced its dividend schedule for February ($0.1223, payable March 3) and March ($0.1223, payable April 1). The current distribution is expected to consist of net investment income. The Fund aims to maintain a weighted average portfolio duration of 3 years or less, including leverage effects.

As a non-diversified, closed-end management investment company managed by Barings , the Fund primarily invests in short-duration, global high yield bonds. Its main objective is to achieve high current income while preserving capital, with capital appreciation as a secondary goal.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for January 2025 of $0.1223 per share, payable on February 3, 2025. Based on the Fund’s December 31, 2024 share price of $15.44 per share, the dividend represents an annualized yield of 9.51% per share. Based on current projections through the payable date, the Fund expects that this dividend will be comprised of net investment income.

The dividend schedule appears below:

Month	Ex-Date	Record Date	Payable Date	Amount1
January	01/22/2025	01/22/2025	02/03/2025	$0.1223
February	02/19/2025	02/19/2025	03/03/2025	$0.1223
March	03/20/2025	03/20/2025	04/01/2025	$0.1223

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 $431+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.

*As of September 30, 2024

¹ Amounts represent estimates for February and March.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250108073077/en/

MediaRelations@barings.com

Source: Barings

FAQ

What is BGH's January 2025 dividend amount and yield?

BGH announced a monthly dividend of $0.1223 per share for January 2025, representing an annualized yield of 9.51% based on the December 31, 2024 share price of $15.44.

When is the January 2025 dividend payment date for BGH?

The January 2025 dividend payment date for BGH is February 3, 2025, with an ex-date and record date of January 22, 2025.

What is BGH's dividend schedule for Q1 2025?

BGH's Q1 2025 dividend schedule includes $0.1223 per share payable on February 3 (January dividend), March 3 (February dividend), and April 1 (March dividend).

What is the investment strategy of Barings Global Short Duration High Yield Fund?

The Fund invests primarily in short-duration, global high yield bonds, aiming to maintain a weighted average portfolio duration of 3 years or less, with objectives of high current income and capital preservation.

How will BGH's dividend distributions be reported for tax purposes?

BGH will send investors Form 1099-DIV for the calendar year, which will define how to report these distributions for federal income tax purposes. The final tax characteristics will be determined after the Fund's fiscal year end.