Dividend Coverage: Nov 1, 2016 will introduce $0.15 dividends for investors in Babson Global Short Duration High Yield Fund (NYSE:BGH).

Dividend Coverage: Nov 1, 2016 will introduce $0.15 dividends for investors in Babson Global Short Duration High Yield Fund (NYSE:BGH).

Babson Global Short Duration High Yield Fund (NYSE:BGH) is expected to pay $0.15 on Nov 1, 2016. The indicated annual dividend is $1.84. Shareholders owning the stock before Oct 19, 2016 will be eligible to receive the payout. Based on Babson Global Short Duration High Yield Fund’s current price of $18.22, the dividend is 0.84%. This dividend’s record date is Oct 21, 2016 and the announcement date is Oct 12, 2016. The stock decreased 0.71% or $0.13 on October 17, hitting $18.22. Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) has risen 11.10% since March 15, 2016 and is uptrending. It has outperformed by 5.61% the S&P500.

Babson Capital Global Short Duration High Yield Fund is a non-diversified, closed-end management investment company. The company has a market cap of $368.06 million. The Fund’s primary investment objective is to seek as high a level of current income as the advisor determines is consistent with capital preservation. It currently has negative earnings. It seeks capital appreciation as a secondary investment objective.

Insitutional Activity: The institutional sentiment decreased to 0.5 in Q2 2016. Its down 0.21, from 0.71 in 2016Q1. The ratio fall, as 5 funds sold all Barings Global Short Duratin Hgh Yld Fnd shares owned while 13 reduced positions. 3 funds bought stakes while 6 increased positions. They now own 2.57 million shares or 17.19% less from 3.11 million shares in 2016Q1.
Davenport And Limited Liability Company has invested 0% of its portfolio in Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH). Credit Suisse Ag reported 38,644 shares or 0% of all its holdings. Deutsche Bank Ag holds 0% of its portfolio in Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) for 3,200 shares. Royal Financial Bank Of Canada last reported 0% of its portfolio in the stock. Retail Bank Of America De holds 0% or 183,731 shares in its portfolio. Washington Tru Natl Bank owns 406 shares or 0% of their US portfolio. North Star Investment Mngmt, a Illinois-based fund reported 800 shares. Tsp Gru Ltd Com holds 3.17% of its portfolio in Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) for 342,350 shares. Morgan Stanley holds 0% or 119,257 shares in its portfolio. Rivernorth Cap Ltd, a Illinois-based fund reported 549,240 shares. Shaker Lc reported 96,788 shares or 1.2% of all its holdings. Guggenheim Capital Ltd Co has invested 0.01% of its portfolio in Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH). Moreover, Invesco Ltd has 0% invested in Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) for 209,560 shares. Bessemer Gru Inc Inc, a New Jersey-based fund reported 446,147 shares. Laurion Cap Management L P owns 32,799 shares or 0.01% of their US portfolio.

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