Barings Global Short Duration High Yield Fund Holds 2018 Annual Meeting of Shareholders
CHARLOTTE, N.C., Aug. 2, 2018 /PRNewswire/ -- On August 2, 2018, Barings Global Short Duration High Yield Fund (the "Fund") conducted its 2018 Annual Meeting of Shareholders (the "Meeting") at 2:00 p.m. in Barings LLC's offices located at 300 South Tryon Street, Suite 2600, Charlotte, NC 28202. At the Meeting, shareholders elected Rodney J. Dillman and Martin A. Sumichrast as Trustees for three-year terms and Cynthia R. Plouché as Trustee for a two-year term.
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.
Because the Fund is newly organized, its shares have a limited history of public trading. Investors should read the Fund's prospectus and consider carefully the risks, investment objectives, charges and expenses associated with an investment in the Fund's common shares. For a copy of the prospectus, please contact your securities representative.
About Barings
Barings is a $306 billion* global financial services firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative solutions and exceptional service. Part of MassMutual, Barings maintains a strong global presence with over 1,800 associates and offices in 16 countries. Learn more, at www.barings.com.
*as of June 30, 2018
Contact:
Brian Whelan, Corporate Communications, Barings, 704-805-7244, [email protected]
18/555208
SOURCE Barings
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