Tsp Capital Management Group Lowers stake in Babson Capital Glbl Shrt Drtn Hgh Yld Fd (BGH)

Babson Capital Glbl Shrt Drtn Hgh Yld Fd (BGH) : Tsp Capital Management Group reduced its stake in Babson Capital Glbl Shrt Drtn Hgh Yld Fd by 4.17% during the most recent quarter end. The investment management company now holds a total of 342,350 shares of Babson Capital Glbl Shrt Drtn Hgh Yld Fd which is valued at $6,381,404 after selling 14,900 shares in Babson Capital Glbl Shrt Drtn Hgh Yld Fd , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Babson Capital Glbl Shrt Drtn Hgh Yld Fd makes up approximately 3.15% of Tsp Capital Management Group’s portfolio.

Other Hedge Funds, Including , Oppenheimer Co Inc boosted its stake in BGH in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 12,521 shares of Babson Capital Glbl Shrt Drtn Hgh Yld Fd which is valued at $232,515. Babson Capital Glbl Shrt Drtn Hgh Yld Fd makes up approx 0.01% of Oppenheimer Co Inc’s portfolio.Msi Financial Services Inc reduced its stake in BGH by selling 564 shares or 33.37% in the most recent quarter. The Hedge Fund company now holds 1,126 shares of BGH which is valued at $20,842.Capital Investment Advisors reduced its stake in BGH by selling 700 shares or 5.34% in the most recent quarter. The Hedge Fund company now holds 12,400 shares of BGH which is valued at $230,392. Babson Capital Glbl Shrt Drtn Hgh Yld Fd makes up approx 0.02% of Capital Investment Advisors’s portfolio.Creative Planning reduced its stake in BGH by selling 1,631 shares or 57.59% in the most recent quarter. The Hedge Fund company now holds 1,201 shares of BGH which is valued at $21,942. North Star Investment Management Corp. added BGH to its portfolio by purchasing 800 company shares during the most recent quarter which is valued at $14,616.

Babson Capital Global Short Duration High Yield Fund is a non-diversified closed-end fund. The Fund’s primary investment objective is to seek as high a level of current income as the Adviser determines is consistent with capital preservation. The Fund seeks capital appreciation as a secondary investment objective. Under normal market conditions the Fund will invest at least 80% of its Managed Assets in bonds loans and other income-producing instruments that are at the time of purchase rated below investment grade or below BBB-by either Standard & Poor’s Rating Services a division of the McGraw-Hill Company Inc. (S&P) or Fitch Inc. (Fitch) or unrated. Babson Capital Management LLC acts as the adviser for the Fund. Babson Capital Global Advisers Limited is the sub-adviser of the Fund.

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