Babson Capital Glbl Shrt Drtn Hgh Yld Fd Insider Mark Senkpiel Buys 5,500 Shares (BGH)
Babson Capital Glbl Shrt Drtn Hgh Yld Fd (NYSE:BGH) Insider Mark Senkpiel bought 5,500 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 25th. The stock was purchased at an average price of $23.36 per share, with a total value of $128,480.00. Following the transaction, the insider now directly owns 7,500 shares in the company, valued at approximately $175,200. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Babson Capital Glbl Shrt Drtn Hgh Yld Fd (NYSE:BGH) traded up 0.04% on Tuesday, hitting $23.36. The stock had a trading volume of 71,474 shares. Babson Capital Glbl Shrt Drtn Hgh Yld Fd has a 52 week low of $22.30 and a 52 week high of $24.71. The stock’s 50-day moving average is $23.88 and its 200-day moving average is $24.13.
The company also recently announced a monthly dividend, which is scheduled for Monday, November 3rd. Investors of record on Thursday, October 23rd will be paid a dividend of $0.1677 per share. This represents a $2.01 annualized dividend and a dividend yield of 8.62%. The ex-dividend date is Tuesday, October 21st.
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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