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 January 2014 of $0.1677 per share payable on February 3, 2014. Based on the Fund’s December 31, 2013 share price of $23.12 per share, the distribution represents an annualized yield of 8.70% 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 February 2014 and March 2014. The distribution schedule appears below:
Month   Ex-Date   Record Date   Payable Date  

Amount 1
January 1/21/2014 1/23/2014 2/03/2014 $0.1677
February 2/18/2014 2/20/2014 3/03/2014 $0.1677
March 3/19/2014 3/21/2014 4/01/2014 $0.1677

1Amounts represent estimates for February and March.

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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