The Barings Global Short Duration High Yield Fund (NYSE:BGH) is a closed-end fund with current total assets under management at $365 million. The fund invests in short-term debt and credit securities seeking to maintain a weighted average portfolio duration of less than 3 years. What sets BGH apart from other short-duration funds is that its portfolio is exclusively comprised of high-yield or effectively "junk bonds" for the purpose of generating a high level of income. On one hand, the short-duration focus minimizes overall exposure to changes in interest rates, while the lower-rated securities