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Babson Capital Glbl Shrt Drtn Hgh Yld Fd (NYSE:BGH) Insider Mark Senkpiel bought 2,000 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were purchased at an average cost of $23.94 per share, for a total transaction of $47,880.00. Following the completion of the acquisition, the insider now directly owns 2,000 shares of the company’s stock, valued at approximately $47,880. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Babson Capital Glbl Shrt Drtn Hgh Yld Fd (NYSE:BGH) traded down 0.04% during mid-day trading on Tuesday, hitting $23.89. The stock had a trading volume of 46,158 shares. Babson Capital Glbl Shrt Drtn Hgh Yld Fd has a one year low of $21.90 and a one year high of $25.40. The stock has a 50-day moving average of $23.72 and a 200-day moving average of $23.1.

The company also recently declared a monthly dividend, which is scheduled for Thursday, May 1st. Investors of record on Tuesday, April 22nd will be given a dividend of $0.1677 per share. This represents a $2.01 dividend on an annualized basis and a yield of 8.42%. The ex-dividend date of this dividend is Thursday, April 17th.

Babson Capital Global Short Duration High Yield Fund (NYSE:BGH), formerly Babson Capital Global Floating Rate & Income Fund, is an organized, non-diversified, closed-end management investment company.

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