CHARLOTTE, N.C.--(BUSINESS WIRE)--Babson Capital Management, a leading global investment management firm with over $192 billion in assets under management, released its 2014 dividend distribution calendar for the Babson Global Floating Rate Fund (BXFAX) and the Babson Global Credit Income Opportunities Fund (BXIAX):
|Record Date||Ex-Date||Pay Date|
The funds paid their first dividend on February 28, 2014. The dividends were paid to shareholders on record as of February 26, 2014, and were distributed on a per share basis as follows:
Babson Global Floating Rate Fund
Babson Global Credit Income Opportunities Fund
|Class A: $0.0317||Class A: $0.0459|
|Class C: $0.0294||Class C: $0.0153|
|Class Y: $0.0366||Class Y: $0.0573|
|Class I: $0.0366||Class I: 0.0573|
Babson Global Floating Rate Fund seeks to invest primarily in senior-secured loans from below-investment-grade companies that are domiciled in North America and developed European countries. Babson Global Credit Income Opportunities Fund utilizes an unconstrained investment strategy and seeks returns across a multitude of higher yielding fixed income and alternative investments. For more information, visit www.babsonfunds.com.
About Babson Capital Management, LLC
Babson Capital Management, LLC, is a leading global investment management firm with over $192 billion in assets under management as of December 31, 2013. Through proprietary research, analysis and a focus on investment fundamentals, the firm leverages its deep expertise in global fixed income, structured products, middle-market finance, equities, alternatives and commercial real estate to develop investment solutions for its clients. The firm maintains a broad global footprint, with offices in Springfield, Boston, Charlotte, New York, Chicago, Los Angeles, London, Hong Kong, Tokyo, Sydney and Melbourne. The firm’s subsidiaries include Cornerstone Real Estate Advisers, LLC, and Wood Creek Capital Management, LLC. Babson Capital Management is a member of the MassMutual Financial Group. Learn more at www.BabsonCapital.com.
Investing involves risk, including possible loss of principal amount invested.
Before investing you should consider carefully the Fund’s investment objectives, risks, charges and expenses. A prospectus, which contains this and other information, can be obtained by calling 1-855-439-5459. Read the prospectus carefully before investing.
ALPS Distributors, Inc. is the distributor for the Babson Capital mutual funds. Shares of the funds will be offered by Babson Capital Securities, LLC, an affiliated broker dealer of Babson Capital Management, LLC. ALPS and Babson Capital Management are separate and unaffiliated.