Babson Capital Global Short Duration High Yield Fund

Babson Capital Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for March 2013 of $0.1677 per share payable on April 1, 2013. Based on the Fund’s initial public offering price of $25.00 per share, the distribution represents an annualized yield of 8.05% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

Additionally, the Fund announced estimated monthly distributions of $0.1677 per share for April 2013 and May 2013. The distribution schedule appears below:

Month
       

Ex-Date
       

Record Date
       

Payable Date
       

Amount 1
March 03/18/2013 03/20/2013 04/01/2013 $0.1677
April 04/18/2013 04/22/2013 05/01/2013 $0.1677
May 05/20/2013 05/22/2013 06/03/2013 $0.1677

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.

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