Is BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND (BGH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$7M |
| Free Cash Flow | -$7M |
| Total Debt | $144M |
| Total Assets | $475M |
Price & Trading
| Last Close | $13.55 |
| 50-Day MA | $14.48 |
| 200-Day MA | $15.27 |
| Avg Volume | 83K |
|
52-Week Range
$12.52
| |
About BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND (BGH)
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.
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Frequently Asked Questions
Is BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND (BGH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND's debt ratio?
BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND's key financial metrics?
BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND has a market capitalization of $268M, trailing P/E ratio of 13.4, and revenue of $44M.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.