- ISIN
- US06760L1008
- CUSIP
- 06760L100
- Issuer
- Barings
- Inception Date
- Oct 26, 2012
- Category
- High Yield Bonds
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
BGH Performance Chart
Barings Global Short Duration High Yield Fund (BGH) is down 2.4% since the beginning of the year. BGH is currently trading at $14 per share. Investors who bought $1,000 worth of BGH shares 5 years ago would now be looking at an investment worth $1,373.
Loading charts...
Returns By Period
Barings Global Short Duration High Yield Fund (BGH) has returned -2.39% so far this year and 3.28% over the past 12 months. Over the last ten years, BGH has returned 7.60% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Barings Global Short Duration High Yield Fund
- 1D
- 0.72%
- 1M
- 0.38%
- YTD
- -2.39%
- 6M
- -3.49%
- 1Y
- 3.28%
- 3Y*
- 13.71%
- 5Y*
- 6.55%
- 10Y*
- 7.60%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BGH Monthly Returns History
Based on dividend-adjusted daily data since Oct 26, 2012, BGH's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +13.7%, while the worst month was Mar 2020 at -30.5%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BGH closed higher 53% of trading days. The best single day was Mar 25, 2020 with a return of +9.2%, while the worst single day was Mar 18, 2020 at -18.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.41% | -4.59% | -3.56% | 5.36% | 0.24% | -0.96% | -2.39% | ||||||
| 2025 | 4.17% | 0.64% | -4.38% | -4.59% | 4.36% | 4.90% | 2.88% | 6.49% | -4.87% | -0.04% | -0.17% | -0.32% | 8.56% |
| 2024 | 4.68% | 2.56% | 1.38% | -1.85% | 2.63% | 2.58% | 4.69% | 2.64% | 1.17% | 1.81% | 4.28% | -1.99% | 27.22% |
| 2023 | 8.89% | -0.03% | -4.29% | 2.44% | -2.18% | 3.33% | 3.41% | 0.63% | -2.94% | -3.89% | 7.65% | 4.84% | 18.18% |
| 2022 | -5.70% | -2.49% | -0.84% | -2.87% | -4.29% | -7.64% | 4.15% | 3.00% | -10.34% | 3.92% | 9.06% | -6.14% | -19.89% |
| 2021 | 0.83% | 3.74% | 3.97% | 2.59% | 1.87% | 3.61% | -0.49% | 2.05% | 0.45% | 1.26% | -3.01% | 5.20% | 24.10% |
Benchmark Metrics
Barings Global Short Duration High Yield Fund has an annualized alpha of 0.58%, beta of 0.48, and R2 of 0.30 versus S&P 500 Index. Calculated based on daily prices since October 26, 2012.
- This fund participated in 85.04% of S&P 500 Index downside but only 62.10% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.48 may look defensive, but with R2 of 0.30 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.30 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 0.58%
- Beta
- 0.48
- R²
- 0.30
- Upside Capture
- 62.10%
- Downside Capture
- 85.04%
Expense Ratio
BGH has a high expense ratio of 3.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
BGH ranks 4 for risk / return — in the bottom 4% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Barings Global Short Duration High Yield Fund (BGH) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGH | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.75 | ||
| Sortino ratioReturn per unit of downside risk | -2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.37 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.20 | 2.78 | -2.59 |
| Martin ratioReturn relative to average drawdown | 0.40 | 12.44 | -12.04 |
Dividends
Dividend History
Barings Global Short Duration High Yield Fund provided a 12.27% dividend yield over the last twelve months, with an annual payout of $1.71 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.71 | $1.71 | $1.50 | $1.43 | $1.27 | $1.27 | $1.37 | $1.78 | $1.93 | $1.84 | $1.85 | $2.19 |
Dividend yield | 12.27% | 11.38% | 9.72% | 10.66% | 9.99% | 7.31% | 9.10% | 10.14% | 12.11% | 9.50% | 9.61% | 13.31% |
Monthly Dividends
The table displays the monthly dividend distributions for Barings Global Short Duration High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.73 | ||||||
| 2025 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.36 | $0.12 | $0.12 | $0.12 | $0.12 | $1.71 |
| 2024 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.31 | $0.11 | $0.11 | $0.12 | $0.12 | $1.50 |
| 2023 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.27 | $0.11 | $0.11 | $0.11 | $0.11 | $1.43 |
| 2022 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.27 |
| 2021 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Barings Global Short Duration High Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Barings Global Short Duration High Yield Fund was 48.73%, occurring on Mar 23, 2020. Recovery took 266 trading sessions.
The current Barings Global Short Duration High Yield Fund drawdown is 9.99%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -48.73%Mar 2020 | 1mo 1d | 1y 21d | 1y 1moFeb 2020 - Apr 2021 |
Bear market2022 | -26.62%Oct 2022 | 9mo 10d | 1y 4mo | 2y 1moJan 2022 - Feb 2024 |
2016 bear market2016 | -25.44%Feb 2016 | 1y 7mo | 6mo 9d | 2y 2moJun 2014 - Aug 2016 |
Rate-hike selloffLate 2018 | -20.86%Dec 2018 | 3mo 20d | 4mo 8d | 7mo 28dSep 2018 - May 2019 |
2026 correction2026 | -16.90%Mar 2026 | 6mo 13d | — | 9mo 8dSep 2025 - now |
Drawdown Indicators
| BGH | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.73% | -56.78% | +8.05% |
Max Drawdown (1Y)Largest decline over 1 year | -16.90% | -9.10% | -7.80% |
Max Drawdown (3Y)Largest decline over 3 years | -16.90% | -18.90% | +2.00% |
Max Drawdown (5Y)Largest decline over 5 years | -26.62% | -25.43% | -1.19% |
Max Drawdown (10Y)Largest decline over 10 years | -48.73% | -33.92% | -14.81% |
Current DrawdownCurrent decline from peak | -9.99% | -1.80% | -8.19% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -10.71% | +3.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.26% | 2.03% | +6.23% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with BGH
Add Barings Global Short Duration High Yield Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with BGH