Babson Capital Management Celebrates Recent Listing of Babson Capital Global Short Duration High Yield Fund

On Friday, Dec. 7 executives and guests of Babson Capital Management will visit the New York Stock Exchange (NYSE) to commemorate the October 2012 listing of the Babson Capital Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH). In honor of the occasion, Babson Capital's Russell D. Morrison, Head of Global High Yield Investments and Anthony Sciacca, Head of Global Business Development will ring the NYSE Opening Bell.

 

The Fund is a non-diversified, closed-end management investment company that is managed by Babson Capital Management LLC. The Fund invests primarily in short-duration, global high yield bonds with the objective of seeking as high a level of current income as Babson Capital determines is consistent with capital preservation, with a secondary objective of capital appreciation. The Fund expects to maintain a weighted average portfolio duration, including the effects of leverage, of 3 years or less. 

 

About Babson Capital

Babson Capital Management LLC and its subsidiaries serve institutional investors around the globe and have over $154 billion in assets under management as of September 30, 2012. Through proprietary research and a focus on investment fundamentals, we develop products and strategies that leverage our broad array of expertise in global corporate debt markets, structured products, debt and equity financing for commercial real estate, and alternatives. Headquartered in Boston, the firm's subsidiaries include Cornerstone Real Estate Advisers LLC and Wood Creek Capital Management, LLC. Babson Capital is a member of the MassMutual Financial Group and is on the web at www.BabsonCapital.com.