as of 09/30/2020
as of 09/30/2020
(Share Price)
as of 09/30/2020
as of 09/30/2020
About the Fund
First offered in 1988, Barings Participation Investors’ investment objective is to maximize total return by providing a high level of current income, the potential for income growth and capital appreciation.
The principal investments are privately placed, below-investment-grade corporate debt obligations purchased directly from their issuers, which tend to be smaller companies domiciled in U.S. We also invest in publicly traded debt securities (including high yield) and in convertible preferred stocks and, subject to certain limitations, readily marketable equity securities. In addition to these equity securities, we may invest in high-quality, other readily marketable securities.
We manage the Fund on a total return basis and distribute substantially all of its net income to each year via quarterly dividends.
Strategy
Fund invests primarily in privately placed, below-investment grade debt obligations purchased directly from their issuers and often accompanied by equity features, with additional allocations to publicly traded debt securities, including high yield securities.
Fund Information
Primary Exchange | NYSE |
Ticker | MPV |
Fund Data
as of 09/30/2020Net Asset Value (NAV) | $13.35 |
Total Net Assets | $141,525,877 |
Premium / (Discount) to NAV | -18.65% |
Dividend Frequency | N/A |
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.
Performance
Fund Performance
QTR | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |
NAV | 4.28% | -0.24% | 2.81% | 5.53% | 7.55% | 9.82% | 11.20% |
Share Price | -13.25% | -30.28% | -33.24% | -2.25% | 3.57% | 5.65% | 9.92% |
Calendar Year Total Returns
Annualized Total Returns
as of 09/30/2020Share Price and NAV History
as of 09/30/2020Premium / Discount History
as of 09/30/2020Before investing you should consider carefully the Fund's investment objectives, risks, charges and expenses.
Distributions
Distribution History
Ex Date | Record Date | Payable Date | Amount |
05/01/2020 | 05/04/2020 | 05/15/2020 | $0.2000 |
Distribution Rate
as of 09/30/2020Share Price | 7.40% |
NAV | 6.00% |
IPO Information
Date | 10/28/1988 |
Share Price | $10.00 |
CUSIP | 05616B100 |
Ticker | MPV |
Before investing you should consider carefully the Fund's investment objectives, risks, charges and expenses.
Portfolio as of 09/30/2020
Portfolio Assets Composition
Top 10 Holdings
Holding | % of Assets |
BCC SOFTWARE, INC. | 1.94% |
SR SMITH LLC | 1.92% |
ROBERTS-GORDON LLC | 1.91% |
HOLLEY PERFORMANCE PRODUCTS | 1.65% |
BDP INTERNATIONAL, INC. | 1.65% |
GRAPHPAD SOFTWARE, INC. | 1.65% |
AFC-DELL HOLDING CORP. | 1.64% |
US ORAL SURGERY MANAGEMENT | 1.63% |
VP HOLDING COMPANY | 1.60% |
TRIDENT MARITIME SYSTEMS | 1.57% |
Total | 17.16% |
Holdings are subject to change.
Top 10 Moody's Industries
Industry | % of Assets |
TECHNOLOGY | 20.80% |
INDUSTRIAL OTHER | 11.00% |
DIVERSIFIED MANUFACTURING | 9.80% |
TRANSPORTATION SERVICES | 7.00% |
AEROSPACE & DEFENSE | 6.20% |
HEALTHCARE | 5.00% |
AUTOMOTIVE | 4.10% |
MEDIA & ENTERTAINMENT | 4.00% |
CONSUMER CYCLICAL SERVICES | 3.80% |
FOOD & BEVERAGE | 3.60% |
Total | 75.30% |
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.
Documents
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Reports
- 2020 Annual Report - Barings Participation Investors
- 2019 Annual Report - Barings Participation Investors
- 2018 Annual Report - Barings Participation Investors
- 2017 Annual Report - Barings Participation Investors
- Quarter Ended September 2020 – Barings Participation Investors
- Quarter Ended June 2020 – Barings Participation Investors
- Quarter Ended March 2020 – Barings Participation Investors
- Quarter Ended September 2019 – Barings Participation Investors
- Quarter Ended June 2019 – Barings Participation Investors
- Quarter Ended March 2019 – Barings Participation Investors
- Quarter Ended September 2018 – Barings Participation Investors
- Quarter Ended June 2018 – Barings Participation Investors
- Quarter Ended March 2018 – Barings Participation Investors
- Quarter Ended September 2017 - Barings Participation Investors
- Quarter Ended June 2017 - Barings Participation Investors
- Quarter Ended March 2017 - Barings Participation Investors
- Quarter Ended September 2016 - Barings Participation Investors
- Quarter Ended June 2016 - Babson Capital Participation Investors
- Quarter Ended March 2016 - Babson Capital Participation Investors
- Quarter Ended September 2014 - Babson Capital Participation Investors
- Quarter Ended June 2014 - Babson Capital Participation Investors
- Quarter Ended March 2014 - Babson Capital Participation Investors
- Quarter Ended September 2013 - Babson Capital Participation Investors
- Quarter Ended June 2013 - Babson Capital Participation Investors
- Quarter Ended March 2013 - Babson Capital Participation Investors
- Quarter Ended September 2012 - Babson Capital Participation Investors
- Quarter Ended June 2012 - Babson Capital Participation Investors
- Quarter Ended March 2012 - Babson Capital Participation Investors
- 2014 Annual Meeting Summary - Babson Capital Participation Investors
- 2016 Annual Report - Barings Participation Investors
- 2015 Annual Report - Babson Capital Participation Investors
- 2014 Annual Report - Babson Capital Participation Investors
- 2013 Annual Report - Babson Capital Participation Investors
- 2012 Annual Report - Babson Capital Participation Investors
- Quarter Ended September 2015 - Babson Capital Participation Investors
- Quarter Ended June 2015 - Babson Capital Participation Investors
- Quarter Ended March 2015 - Babson Capital Participation Investors
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Distribution Information
- Detailed Dividend and Reinvestment Information 2020 – Barings Participation Investors
- Detailed Dividend and Reinvestment Information 2010-2019 – Barings Participation Investors
- Detailed Dividend and Reinvestment Information 2000-2009 - Babson Capital Participation Investors
- Detailed Dividend and Reinvestment Information 1990-1999 - Babson Capital Participation Investors
- Detailed Dividend and Reinvestment Information 1988-1989 - Babson Capital Participation Investors
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Tax Information
- 2014 1099 - Babson Capital Participation Investors
- Tax Information 2020 - Barings Participation Investors
- Tax Information 2019 - Barings Participation Investors
- Tax Information 2018 - Barings Participation Investors
- Tax Information 2017 - Barings Participation Investors
- Tax Information 2016 - Barings Participation Investors
- Tax Information 2015 - Babson Capital Participation Investors
- Tax Information 2014 - Babson Capital Participation Investors
- Tax Information 2013 - Babson Capital Participation Investors
- Tax Information 2012 - Babson Capital Participation Investors
- Tax Information 2011 - Babson Capital Participation Investors
- Tax Information 2010 - Babson Capital Participation Investors
- Tax Information 2009 - Babson Capital Participation Investors
- Tax Information 2008 - Babson Capital Participation Investors
- Tax Information 2007 - Babson Capital Participation Investors
- Tax Information 2006 - Babson Capital Participation Investors
- Tax Information 2005 - Babson Capital Participation Investors
- Tax Information 2004 - Babson Capital Participation Investors
- Tax Information 2003 - Babson Capital Participation Investors
- Tax Information 2002 - Babson Capital Participation Investors
- Tax Information 2001 - Babson Capital Participation Investors
- Tax Information 2000 - Babson Capital Participation Investors
- Tax Information Dividends 2013 - Babson Capital Participation Investors
- Tax Information Dividends 2012 - Babson Capital Participation Investors
- Tax Information Dividends 2011 - Babson Capital Participation Investors
- Tax Information Dividends 2010 - Babson Capital Participation Investors
- Tax Information Dividends 2009 - Babson Capital Participation Investors
- Tax Information Dividends 2008 - Babson Capital Participation Investors
- Tax Information Dividends 2007 - Babson Capital Participation Investors
- Tax Information Dividends 2006 - Babson Capital Participation Investors
- Tax Information Dividends 2005 - Babson Capital Participation Investors
- Tax Information Dividends 2004 - Babson Capital Participation Investors
- Tax Information Dividends 2002 - Babson Capital Participation Investors
- Tax Information Dividends 2001 - Babson Capital Participation Investors
- Undistributed Capital Gains 2014 - Babson Capital Participation Investors
- Undistributed Capital Gains 2012 - Babson Capital Participation Investors
- Undistributed Capital Gains 2011 - Babson Capital Participation Investors
- Undistributed Capital Gains 2007 - Babson Capital Participation Investors
- Undistributed Capital Gains 2006 - Babson Capital Participation Investors
- Undistributed Capital Gains 2005 - Babson Capital Participation Investors
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Fund Documents
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.
News & Events
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