Barings Global High Yield Fund Declares September Dividend Rate

Barings Global Short Duration High Yield Fund Dividend Announcement

The Barings Global Short Duration High Yield Fund (NYSE: BGH) has made headlines recently by declaring its monthly dividend for September 2024, setting it at $0.1056 per share. This amount is set to be paid on October 1, 2024. Investors will find this noteworthy as it reflects a solid annualized yield of 8.39% based on the Fund's share price of $15.11 as of August 30, 2024. This dividend is primarily derived from net investment income, showcasing the Fund's ability to generate reliable returns for its shareholders.

Future Dividend Projections

In an ensuring commitment to delivering value to its investors, the Barings Fund has also indicated estimated monthly dividends of $0.1056 per share for both October and November 2024. This projection indicates a stable outlook, which should provide reassurance to current and potential shareholders about the Fund's performance amidst market fluctuations.

Dividend Payment Schedule

For those interested in the logistics surrounding dividend payments, the schedule is as follows:

September 2024:

• Ex-Date: 09/20/2024
• Record Date: 09/20/2024
• Payable Date: 10/01/2024
• Amount: $0.1056

October 2024:

• Ex-Date: 10/23/2024
• Record Date: 10/23/2024
• Payable Date: 11/01/2024
• Amount: $0.1056

November 2024:

• Ex-Date: 11/20/2024
• Record Date: 11/20/2024
• Payable Date: 12/02/2024
• Amount: $0.1056

Understanding the Fund's Strategy

The Barings Global Short Duration High Yield Fund operates as a non-diversified, closed-end management investment company. Managed by Barings LLC, the Fund chiefly invests in short-duration, global high yield bonds. The primary goal here is to cultivate high levels of current income, ensuring it is balanced carefully with capital preservation. Additionally, the Fund eyeing capital appreciation stands as a secondary objective.

The Fund's strategy leans towards maintaining a weighted average portfolio duration of three years or less. This approach aims to mitigate risks associated with longer duration investments, which can be more volatile.

Tax Considerations for Investors

When it comes to taxation, it is crucial for investors to be aware that a portion of each distribution could potentially originate from sources that are not purely net investment income. This might include short-term capital gain, long-term capital gain, or return of capital. The final classification regarding the distributions' sources will be determined after the fiscal year concludes, providing investors with Form 1099-DIV to streamline reporting for federal tax purposes.

About Barings LLC

Barings LLC stands as a prominent player in the global asset management arena, boasting assets under management of over $409 billion. The firm operates across a broad spectrum, partnering with institutional clients, intermediaries, and insurance entities alike while delivering varied financing solutions. As a subsidiary of MassMutual, Barings is committed to generating superior returns by leveraging global investment capabilities across public and private marketplaces in fixed income, real assets, and comprehensive capital solutions.

Frequently Asked Questions

What is the dividend rate for September 2024?

The dividend rate for September 2024 is $0.1056 per share.

When will the dividend be payable?

The dividend will be payable on October 1, 2024.

What is the Fund's primary investment strategy?

The Fund primarily invests in short-duration, global high yield bonds, aiming for high current income while preserving capital.

How does the Fund determine its dividend payments?

Dividends are based on the net investment income earned, and may also include funds from other sources such as capital gains.

What is Barings LLC's focus in asset management?

Barings LLC focuses on delivering excess returns through diverse strategies across public and private markets, catering to various investor needs.

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