What is Barings Global Short Duration High Yield Fund Financial Strength?
Barings Global Short Duration High Yield Fund has the Financial Strength Rank of 4.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate Barings Global Short Duration High Yield Fund's interest coverage with the available data.
Barings Global Short Duration High Yield Fund's debt to revenue ratio for the quarter that ended in Dec. 2023 was 1.93.
Altman Z-Score does not apply to banks and insurance companies.
Barings Global Short Duration High Yield Fund Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Barings Global Short Duration High Yield Fund's Interest Expense for the
months ended in Dec. 2023 was $-3.17 Mil. Its Operating Income for the
months ended in Dec. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $109.50 Mil.
Barings Global Short Duration High Yield Fund's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Barings Global Short Duration High Yield Fund's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Barings Global Short Duration High Yield Fund (Barings Global Short Duration High Yield Fund) Business Description
Traded in Other Exchanges
N/A
Address
300 South Tryon Street, Suite 2500, Charlotte, NC, USA, 28202
Barings Global Short Duration High Yield Fund is a diversified, closed-end management investment company. Its investment objective is to seek as high a level of current income as the Adviser determines is consistent with capital preservation.
Executives
| Eric Partlan |
other: Adviser Board Member |
BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202 |
| Gregory Wayne Maccordy |
other: Chief Compliance Officer |
6 LAMPLIGHT LANE, WESTPORT CT 06880 |
| Ashlee Steinnerd |
officer: Chief Legal Officer |
BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202 |
| Michael Freno |
officer: Vice President |
BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202 |
| Benjamin Tecmire |
officer: Chief Compliance Officer |
BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202 |
| Roger W Crandall |
other: Adviser Board Member |
MASSACHUSETTS MUTUAL LIFE INSURANCE CO, 1295 STATE STREET, SPRINGFIELD MA 01111 |
| Christopher Hanscom |
officer: Treasurer |
BARINGS LLC, 1500 MAIN STREET PO BOX 15189, SPRINGFIELD MA 01115-5189 |
| Eric J Lloyd |
other: Officer of Adviser |
BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202 |
| Mark F Mulhern |
director |
410 S. WILMINGTON STREET, RALEIGH NC 27601 |
| Jill Olmstead |
other: Trustee |
BARINGS LLC, 3300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202 |
| David Mihalick |
director |
BARINGS LLC, 300 SOUTH TRYON ST., STE 2500, CHARLOTTE NC 28202 |
| Rodney J Dillman |
other: Trustee |
BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202 |
| Elizabeth A. Murray |
officer: Treasurer |
BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202 |
| Mark Senkpiel |
other: Investment Personnel |
BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202 |
| Christopher Cary |
other: Officer of Adviser |
BARINGS LLC, 300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202 |
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BGH has been successfully added to your