Barings Corporate Investors

Ticker MCI
Ticker

MCI

Share Price

USD 12.95

As Of 9/30/2022

Total Net Assets

$366,061,895

As Of 9/30/2022

Premium / (Discount) to NAV

-21.94%

As Of 9/30/2022

NAV

USD 16.59

As Of 9/30/2022

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