BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND

This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Trustees (the “Board”) of Barings Global Short Duration High Yield Fund (“BGH” or the “Fund”) for use at the Annual Meeting of its Shareholders (the “Annual Meeting” or “Meeting”), to be held by remote electronic means by the Fund’s investment adviser, Barings LLC (“Barings”), on Wednesday, August 6, 2025, at 4:00 p.m. (Eastern Time), to consider and vote on the proposal, as more fully described in this Proxy Statement. The Meeting will be held in a virtual meeting format only.

This Proxy Statement and the accompanying letter to Shareholders from the Chairman of the Board, Notice of Annual Meeting of Shareholders, and proxy card are being mailed on or about June 17, 2025, to Shareholders of record as of the close of business on June 6, 2025 (the “Record Date”). The Fund’s principal business office is c/o Barings, 300 South Tryon Street, Suite 2500, Charlotte, North Carolina 28202.

Shareholders of record at the close of business on the Record Date will be entitled to one vote per share on all business of the Meeting and any adjournments thereof. There were 20,064,313 shares of BGH outstanding on the Record Date.

The Fund has engaged Broadridge to provide Shareholder meeting services, including tabulation and tracking. Should you have any questions about the proposal to be voted on or the Meeting, please contact the Fund or Broadridge by calling (toll-free) 1-866-399-1516.

Important Notice regarding the availability of Proxy Materials for the Annual Meeting to be held on Wednesday, August 6, 2025. The Proxy Statement is available on https://www.proxyvote.com or on the Fund’s website under Documents at https://www.barings.com/bgh.