Total Net Assets
$0
As of 1/1/0001
Premium / (Discount) to NAV
-0.52%
As of 3/31/2024
NAV
USD 17.28
As of 3/31/2024
Primary Exchange
NYSE
About the Fund
First offered to the public in 1971, Barings Corporate Investors (MCI) seeks to provide a consistent yield while at the same time offering an opportunity for capital gains. MCI’s principal investments are in the privately placed, below-investment grade, long-term debt obligations of companies primarily domiciled in the U.S. These direct placement securities may in some cases be accompanied by equity features such as warrants, conversion rights and occasionally preferred stocks. We typically purchase these investments directly from their issuers, who tend to be smaller companies, and may also temporarily invest in marketable investment-grade and other debt securities (including high yield) and common stocks. MCI is managed on a total return basis, and distributes substantially all of its net income each year in the form of quarterly dividends.
Strategy
Fund invests principally in privately placed, below-investment grade, long-term debt obligations and often accompanied by equity features, purchased directly from their issuers and sourced through Barings extensive deal network of private equity sponsors.
Inception Date
8/25/1971
Dividend Reinvestment
Yes
As of 3/31/2024
As of 3/31/2024
As of 3/31/2024
PAST PERFORMANCE IS NOT NECESSARILY INDICIATIVE OF FUTURE RESULTS. Current performance may be lower or higher than the performance data quoted. The share value and net asset value (NAV) will fluctuate with market conditions. Shares of closed-end investment companies frequently trade at a discount from their net asset value. All returns 1-year or less are cumulative.
Investment return, price, yields and NAV will fluctuate with changes in market conditions. At the time of sale, your shares may have a share price that is above or below net asset value, and may be worth more or less than your original investment. There is no assurance that a fund will meet its investment objective. The Fund is actively managed and its composition will vary. Fund details, holdings and characteristics are as of the date noted and subject to change.
Definitions: Net Asset Value (NAV) is total assets less total liabilities, divided by the number of shares outstanding. Share Price is the closing price of a closed-end fund on the New York Stock Exchange (NYSE), as of the trading day noted. Premium/Discount is the percent difference between the Share Price and the NAV. There is no guarantee that you will receive the stated Premium/Discount and additional fees may result from individual broker fees and transactions costs in the secondary market. An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle.
Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment. The Fund invests in privately-placed below-investment grade, long-term corporate debt obligations, which are subject to credit risk (the risk that an issuer won’t make timely payments of principal and interest) and liquidity risk (the risk that the Fund’s investments may be difficult to sell at an advantageous time or price); high yield debt obligations, commonly referred to as below-investment grade obligations or “junk bonds,” which are subject to credit risk and market risk (the risk that the value of the Fund’s investments may fall, sometimes rapidly or unpredictably, as a result of increasing interest rates or otherwise); and equity securities, including preferred stocks, warrants and rights, and limited partnership interests, which may have exposure to higher levels of volatility and market and issuer-specific risk. The Fund may trade at a discount to its net asset value and is subject to anti-takeover provisions that may delay, defer or prevent a transaction or a change in control that might otherwise be in the best interests of Fund shareholders. Before investing you should consider carefully the Fund’s investment objectives, risks, charges and expenses.
Ex Date | Record Date | Payable Date | Amount |
---|---|---|---|
5/31/2024 | 5/31/2024 | 6/14/2024 | 0.3900 |
12/28/2023 | 12/29/2023 | 1/19/2024 | 0.3800 |
11/3/2023 | 11/6/2023 | 11/17/2023 | 0.3700 |
Date | 8/25/1971 |
---|---|
Share Price | $25.00 |
NAV | $23.50 |
CUSIP | 05617K109 |
Ticker | MCI |
Before investing you should consider carefully the Fund's investment objectives, risks, charges and expenses.
Distribution Information
- Detailed Dividend and Reinvestment Information 1971-1979 - Babson Capital Corporate Investors
- Detailed Dividend and Reinvestment Information 1980-1989 - Babson Capital Corporate Investors
- Detailed Dividend and Reinvestment Information 1990-1999 - Babson Capital Corporate Investors
- Detailed Dividend and Reinvestment Information 2000-2009 - Babson Capital Corporate Investors
- Detailed Dividend and Reinvestment Information 2010-2019 – Barings Corporate Investors
- Detailed Dividend and Reinvestment Information 2020-2023 – Barings Corporate Investors
Annual Report and Accounts
- 2014 Annual Report - Babson Capital Corporate Investors
- 2015 Annual Report - Babson Capital Corporate Investors
- 2016 Annual Report - Barings Corporate Investors
- 2017 Annual Report - Barings Corporate Investors
- 2018 Annual Report - Barings Corporate Investors
- 2019 Annual Report - Barings Corporate Investors
- 2020 Annual Report - Barings Corporate Investors
- 2021 Annual Report - Barings Corporate Investors
- 2022 Annual Report - Barings Corporate Investors
- 2023 Annual Report - Barings Corporate Investors
Interim Report And Accounts
- Quarter Ended June 2014 - Babson Capital Corporate Investors
- Quarter Ended June 2015 - Babson Capital Corporate Investors
- Quarter Ended June 2016 - Babson Capital Corporate Investors
- Quarter Ended June 2018 – Barings Corporate Investors
- Quarter Ended June 2018 – Barings Corporate Investors
- Quarter Ended June 2019 – Barings Corporate Investors
- Quarter Ended June 2020 – Barings Corporate Investors
- Quarter Ended June 2021 – Barings Corporate Investors
- Quarter Ended June 2022 – Barings Corporate Investors
- Quarter Ended June 2023 – Barings Corporate Investors
- Quarter Ended June 2024 - Barings Corporate Investors
- Quarter Ended March 2014 - Babson Capital Corporate Investors
- Quarter Ended March 2015 - Babson Capital Corporate Investors
- Quarter Ended March 2016 - Babson Capital Corporate Investors
- Quarter Ended March 2017 - Barings Corporate Investors
- Quarter Ended March 2018 – Barings Corporate Investors
- Quarter Ended March 2019 – Barings Corporate Investors
- Quarter Ended March 2020 – Barings Corporate Investors
- Quarter Ended March 2021 – Barings Corporate Investors
- Quarter Ended March 2022 – Barings Corporate Investors
- Quarter Ended March 2023 – Barings Corporate Investors
- Quarter Ended September 2014 - Babson Capital Corporate Investors
- Quarter Ended September 2015 - Babson Capital Corporate Investors
- Quarter Ended September 2016 – Barings Corporate Investors
- Quarter Ended September 2017 – Barings Corporate Investors
- Quarter Ended September 2018 – Barings Corporate Investors
- Quarter Ended September 2019 – Barings Corporate Investors
- Quarter Ended September 2020 – Barings Corporate Investors
- Quarter Ended September 2021 – Barings Corporate Investors
- Quarter Ended September 2022 – Barings Corporate Investors
- Quarter Ended September 2023 – Barings Corporate Investors
Tax Information
- Tax Information 2016 - Barings Corporate Investors
- Tax Information 2017 - Barings Corporate Investors
- Tax Information 2018 - Barings Corporate Investors
- Tax Information 2019 - Barings Corporate Investors
- Tax Information 2020 - Barings Corporate Investors
- Tax Information 2021 - Barings Corporate Investors
- Tax Information 2022 - Barings Corporate Investors
- Tax Information 2023 - Barings Corporate Investors