December 17, 2019

Barings Participation Investors Holds December 2019 Board Meeting

The Board of Trustees of Barings Participation Investors (the “Trust”) met today. The Trust’s Trustees declared a quarterly dividend of 27 cents per share payable on January 17, 2020 to shareholders of record on December 31, 2019. The quarterly dividend is considered ordinary income for tax purposes and will be reported on IRS Form 1099-Div. A 27 cent-per-share dividend was declared in each of the three preceding quarters. 

The Trustees also voted to have the Trust retain any net long-term capital gains realized by the Trust in 2019 for future growth and to pay the required federal capital gains tax thereon. IRS Form 2439, Notice to Shareholders of Undistributed Long-Term Capital Gains, will be mailed to shareholders by the end of January. The Trust’s 2019 unaudited financial results are expected to be available in late January.

Barings Participation Investors is a closed-end management investment company advised by Barings LLC. Its shares are traded on the New York Stock Exchange under the trading symbol ("MPV").

Per share amounts are rounded to the nearest cent.

Cautionary Notice: Certain statements contained in this press release may be "forward looking" statements.  Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date in which they are made and which reflect management’s current estimates, projections, expectations or beliefs, and which are subject to risks and uncertainties that may cause actual results to differ materially.  These statements are subject to change at any time based upon economic, market or other conditions and may not be relied upon as investment advice or an indication of the fund's trading intent.  References to specific securities are not recommendations of such securities, and may not be representative of the fund's current or future investments.  We undertake no obligation to publicly update forward looking statements, whether as a result of new information, future events, or otherwise.  

About Barings
Barings is a $335+ billion* global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.

*As of September 30, 2019

19-1032748