MCI

Barings Corporate Investors
MCI

$18.91

0.64%

Market Cap: $385M

About: Barings Corporate Investors is a closed-end management investment company. Its investment objective is to maintain a portfolio of securities providing a current yield and an opportunity for capital gains. The Trust's principal investments are privately placed, below-investment grade, long-term debt obligations including bank loans and mezzanine debt instruments. These investments are typically made to small or middle market companies. The company invests in various sectors such as aerospace and defense; automotive; building materials; consumer products and others.

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

67% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 12

7% more capital invested

Capital invested by funds: $51.6M [Q1] → $55M (+$3.48M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0.28% less ownership

Funds ownership: 13.93% [Q1] → 13.65% (-0.28%) [Q2]

2% less funds holding

Funds holding: 54 [Q1] → 53 (-1) [Q2]

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

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Research analyst outlook

We haven’t received any recent analyst ratings for MCI.

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Financial journalist opinion

MCI: Not An Outright Buy, But Worth Accumulating - Solid 8.9% Income

Barings Corporate Investors is a closed-end fund investing in privately placed, below-investment grade, long-term debt, with a strong 50-year performance record. MCI offers a high yield of 8.85%, making it ideal for income investors, though its current premium suggests a cautious approach. We believe it is an excellent fund for income investors in the high-yield bond category. Due to the significant premium, it is not an outright buy, but is well worth accumulating over time. For existing investors, it should be a long-term 'hold.'

MCI: Not An Outright Buy, But Worth Accumulating - Solid 8.9% Income

Barings Corporate Investors Reports Preliminary Second Quarter 2024 Results and Announces Increased Quarterly Cash Dividend Of $0.40 Per Share

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") met on August 15, 2024, and would like to report its preliminary financial results for the second quarter of 2024. Financial Highlights(1) Three Months Ended June 30, 2024 Three Months Ended March 31, 2024 Total Amount Per Share(5) Total Amount Per Share(4) Net investment income(2) $ 8,623,260 $ 0.42 $ 8,072,938 $ 0.40 Net realized (losses) / gains(3) $ (1,165,538 ) $ (0.06 ) $.

Barings Corporate Investors Reports Preliminary Second Quarter 2024 Results and Announces Increased Quarterly Cash Dividend Of $0.40 Per Share

MCI: An Interesting CEF For Income-Oriented Investors, But Not Compelling At Current High Premium

MCI delivers high income with distributions fully covered by net investment income, outperforming benchmarks and peer group in the long run. Trust's focus on private placement securities may cause concern, but its positive track record and safety cushion from first lien senior secured loans provide some reassurance. MCI's high premium over NAV is not compelling. Potential investors may benefit from waiting for a lower entry point, despite strong performance and safe distributions.

MCI: An Interesting CEF For Income-Oriented Investors, But Not Compelling At Current High Premium

Building A 10% Income Portfolio Today

Six years ago, I wrote my first article on investing, in which I outlined the criteria that had guided me when constructing my first income portfolio. I have tried to retrace here the steps leading up to that article and then subsequent developments in creating my current portfolio. Today, I favor CEFs and ETFs that, in addition to providing regular income, show a positive NAV performance since inception, thereby demonstrating their ability to also generate value over time.

Building A 10% Income Portfolio Today

Barings Corporate Investors Reports Preliminary First Quarter 2024 Results and Announces Increased Quarterly Cash Dividend Of $0.39 Per Share

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") met on May 16, 2024 and would like to report its preliminary financial results for the first quarter of 2024. Financial Highlights(1) Three Months Ended March 31, 2024 Three Months Ended December 31, 2023 Total Amount Per Share(5) Total Amount Per Share(4) Net investment income(2) $ 8,072,938 $ 0.40 $ 7,379,615 $ 0.36 Net realized (losses) / gains(3) $ 1,770,637 $ 0.08 $ 480,613 $.

Barings Corporate Investors Reports Preliminary First Quarter 2024 Results and Announces Increased Quarterly Cash Dividend Of $0.39 Per Share

Investors' Choice: Roller Coaster Or Merry-Go-Round?

Achieving long-term "equity returns" generally requires holding tight through periods of volatility. The "roller coaster" experience is worth it, as Nobel Prize winners and other researchers have demonstrated over the years. There is an alternative for investors seeking a smoother ride and a better night's sleep through market downturns.

Investors' Choice: Roller Coaster Or Merry-Go-Round?

5 Best CEFs This Month For A 9% Yield (April 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns.

5 Best CEFs This Month For A 9% Yield (April 2024)

MCI: Contains Junk Rated Debt That Outperforms The S&P In Total Return

Barings Corporate Investors is a closed-end fund that focuses on high-yielding corporate debt securities. MCI has outperformed the S&P 500 in total return since its inception in 1971, with a current dividend yield of 8.7%. The fund's portfolio primarily consists of private bank loans and floating rate debt, allowing it to benefit from higher interest rates. However, the portfolio consists of junk-rated companies.

MCI: Contains Junk Rated Debt That Outperforms The S&P In Total Return

My 9% Income Portfolio - Harmony In Investment

Surrounded by the smoothness of the Tuscan landscape, I have always thought that the pursuit of harmony in human activities is the first step toward happiness. I also chase a balance in investments, seeking to create a portfolio whose securities provide a steady cash flow over time and grow the nominal capital invested.

My 9% Income Portfolio - Harmony In Investment

Barings Corporate Investors Reports Preliminary Fourth Quarter 2023 Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") met on February 26, 2024, and would like to report its preliminary financial results for the fourth quarter of 2023. Financial Highlights(1) Three Months Ended December 31, 2023 Three Months Ended September 30, 2023 Total Amount Per Share(4) Total Amount Per Share(4) Net investment income(2) $ 7,379,615 $ 0.36 $ 8,904,737 $ 0.44 Net realized gains / (losses)(3) $ 480,613 $ 0.

Barings Corporate Investors Reports Preliminary Fourth Quarter 2023 Results

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