1. All figures net of taxes.
2. Based on shares outstanding at the end of the period of 20,261,719

Key Highlights:
Commenting on the quarter, Christina Emery, President, stated, "During the second quarter, Barings continued to drive origination flow into quality, 1st lien senior secured and mezzanine middle-market investments. When constructing portfolios, we focus on investing in high-quality businesses that are leaders in their space and offer defensive characteristics that will allow them to perform through economic cycles.”

During the three months ended June 30, 2022, the Trust reported total investment income of $6.4 million, net investment income of $4.7 million, or $0.23 per share, and a net decrease in net assets resulting from operations of $2.8 million, or $0.14 per share.

Net asset value ("NAV") per share as of June 30, 2022 was $16.46, as compared to $16.84 as of March 31, 2022. The decrease in NAV per share was primarily attributable to unrealized depreciation of $0.39 per share and the Trust’s second quarter dividend exceeding net investment income by $0.01 per share, partially offset by realized gains of $0.02 per share.

The Board of Trustees declared a quarterly dividend of $0.24 per share payable on September 9, 2022 to shareholders of record on August 29, 2022.

The next scheduled meeting of the Board of Trustees will be held on November 17, 2022.

Recent Portfolio Activity
During the three months ended June 30, 2022, the Trust made nine new investments totaling $14.9 million and 16 add-on investments in existing portfolio companies totaling $2.8 million. During the three months ended June 30, 2022, the Trust had four term loans repaid at par and realized one equity investment totaling $14.7 million.

Liquidity and Capitalization
As of June 30, 2022, the Trust had cash of $13.3 million and $42.0 million of borrowings outstanding. The Trust had unfunded commitments of $20.0 million as of June 30, 2022.  

Net Capital Gains
The Trust realized net capital gains of $0.4 million or $0.02 per share during the quarter ended June 30, 2022. During the quarter ended March 31, 2022, the Trust realized net capital gains of $0.3 million or $0.01 per share.

About Barings Corporate Investors
Barings Corporate 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 ("MCI").

About Barings LLC
Barings is a $349+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. Learn more at www.barings.com.

*Assets under management as of June 30, 2022

Contact
MediaRelations@barings.com

Per share amounts are rounded to the nearest cent.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

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 on 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.