Barings Fund sets monthly dividends at $0.1056 per share

CHARLOTTE, N.C. – The Barings Global Short Duration High Yield Fund (NYSE: BGH) has announced a monthly dividend of $0.1056 per share for January 2024, with the payment scheduled for February 1, 2024. The dividend is based on the Fund’s share price of $13.44 as of December 29, 2023, representing an annualized yield of 9.43%.

The Fund also disclosed estimated dividends of the same amount for February and March 2024, maintaining the monthly distribution. These estimates are subject to change and depend on the Fund’s investment performance.

Managed by Barings LLC, the Fund is a non-diversified, closed-end management investment company focusing on short-duration, global high yield bonds. It aims to deliver high current income consistent with capital preservation, and a secondary objective of capital appreciation. The Fund expects to hold a weighted average portfolio duration of 3 years or less, including the effects of leverage.

The dividend distributions may be derived from various sources, including net investment income, capital gains, or return of capital. The exact composition of the dividend will be confirmed after the Fund’s fiscal year-end, and investors will receive a Form 1099-DIV outlining the federal tax reporting for these distributions.

Barings, the Fund’s manager, is a global investment firm with over $347 billion in assets under management as of September 30, 2023. The company operates across multiple asset classes and geographies.

The information provided in this announcement is based on a press release statement and includes forward-looking statements.

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