Barings Global Short Duration High Yield Fund provides its certified shareholder report for the fiscal year ended December 31, 2025, presenting the 2025 Annual Report, audited financial statements, and portfolio disclosures.
The report shows net assets of $303,015,411, a NAV per share of $15.09 and a market price of $15.01 (a 0.53% discount to NAV). The Fund held a portfolio of 170 issuers, with 30.8% of total assets acquired through leverage and distribution rates of 9.78% (market price) and 9.73% (NAV) based on the most recent monthly dividend.
Barings Global Short Duration High Yield Fund is updating its shelf registration so it can offer, from time to time, common shares, preferred shares, subscription rights and debt securities. The fund is a diversified, externally managed closed-end investment company focused on generating high current income while seeking to preserve capital, with capital appreciation as a secondary goal.
The portfolio is built mainly from below-investment-grade bonds and loans across North American and Western European markets, with at least 80% of managed assets normally in high yield instruments. The fund may use leverage, including a revolving credit facility of up to $200,000,000 with BNP Paribas, and currently contemplates leverage up to about 33.3% of total assets. It can also invest in foreign issuers, illiquid and distressed securities, and derivatives such as credit default swaps and currency hedges, and it emphasizes independent, fundamental credit research while warning that its strategies involve substantial credit, leverage, liquidity, market and interest rate risks.