Barings Global Short Duration High Yield Fund Announces February 2020 Monthly Distribution of $0.1408 per Share

CHARLOTTE, N.C., Feb. 13, 2020 /PRNewswire/ -- Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for February 2020 of $0.1408 per share, payable on March 2, 2020.  Based on the Fund's January 31, 2019 share price of $17.62 per share, the distribution represents an annualized yield of 9.59% per share.  Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

In addition, the Fund announced estimated monthly distributions of $0.1408 per share for March 2020 and April 2020.  The distribution schedule appears below:

Month	Ex-Date	Record Date	Payable Date	Amount1
February	2/19/2020	2/20/2020	3/02/2020	$0.1408
March	3/20/2020	3/23/2020	4/01/2020	$0.1408
April	4/21/2020	4/22/2020	5/01/2020	$0.1408

The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain or return of capital. The final determination of the source and tax characteristics of these distributions will depend upon the Fund's investment experience during its fiscal year and will be made after the Fund's year end. The Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes.

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. 

Past performance is not necessarily indicative of future results.

About Barings

Barings is a $338+ billion* global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, Barings provides innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific. Learn more at www.Barings.com.

*As of December 31, 2019

Contact: Cheryl Krauss, Barings, t [phone] | m [phone], [e-mail]

19-1032099

¹ Amounts represent estimates for March and April.

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