Barings Global Short Duration High Yield Fund (BGH)
Market Closed
18 Jun, 20:00
NYSE NYSE Primary $
13. 82
-0.07
-0.504%
$
- Market Cap
- Div Yield
107,700 Volume
$ 13.89
Previous Close 
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BGH: More Downside Risks As Long As Interest Rates Are High
Barings Global Short Duration High Yield Fund remains a hold as downside risks persist amid high interest rates and weakening earnings. BGH trades at a 7.54% discount to NAV, reflecting market concerns over sustainability of its 12.5% yield and deteriorating net investment income. The fund relies heavily on below-investment-grade debt, and aggressive 31.7% leverage and cannot currently cover distributions from earnings.
Seekingalpha | 2 months ago
