NYSE | FUND
Babson Capital Global Short Duration High Yield Fund is a closed ended fixed income mutual fund launched and managed by Barings LLC.
The fund is co-managed by Babson Capital Global Advisors Limited.
It invests in fixed income markets across the globe.
The fund primarily invests in global high-yield bonds, loans, and other income-producing instruments that are, at the time of purchase, rated below Baa3 by Moody's Investors Service, Inc. or below BBB- by Standard & Poor's Rating Services.
It seeks to invest in securities with a weighted average portfolio duration of three years or less.
The fund employs bottom-up fundamental analysis to create its portfolio.
It benchmarks the performance of its portfolio against the Bank of America/Merrill Lynch Global Non-Financial High Yield Constrained Index.
The fund was formerly known as Babson Capital Global Short Duration High Yield Fund.
Babson Capital Global Short Duration High Yield Fund was formed on October 25, 2012 and is domiciled in the United States.
Top 20 Holdings
| Name | Weight |
|---|---|
| Mcafee Enterprise 2nd Lien Term Loan Due 04/2029 | 2.64% |
| First Quantum Minerals Ltd. 7.5% | 2.44% |
| Clarios Global Lp 8.5% | 2.21% |
| Trident TPI Holdings Inc 9.25% | 2.14% |
| Consol Energy Inc New 11% | 2.10% |
| Precisely 2nd Lien Term Loan | 2.06% |
| Finastra (Fka Misys) Usd 2l Tlb (Apr'17) | 2.03% |
| Global Aircraft Leasing Co Ltd 6.5% | 1.70% |
| New Enterprise Stone & Lime Co., Inc. 9.75% | 1.67% |
| Radiology Partners Inc 9.25% | 1.64% |
| BCPE Ulysses Intermediate Inc. 7.75% | 1.62% |
| Bausch Health Companies Inc 9% | 1.48% |
| Coronado Finance Pty Limited 10.75% | 1.46% |
| PMHC II Inc 9% | 1.41% |
| Presidio Holdings Inc. 8.25% | 1.33% |
| Clydesdale Acquisition Holdings Inc. 8.75% | 1.30% |
| Occidental Petroleum Corporation 8.5% | 1.30% |
| Quest Software 2l Term Loan | 1.30% |
| American Airlines, Inc. 11.75% | 1.22% |
| Terrier Media Buyer Inc 8.875% | 1.20% |