MCI
Barings Corporate InvestorsMCI
MCI
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 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
4% more funds holding
Funds holding: 53 [Q2] → 55 (+2) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
5% less capital invested
Capital invested by funds: $58.8M [Q2] → $55.9M (-$2.9M) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
1.7% less ownership
Funds ownership: 14.65% [Q2] → 12.94% (-1.7%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for MCI.
Financial journalist opinion
Neutral
Business Wire
1 week ago
Barings Corporate Investors Announces Quarterly Cash Dividend of $0.40 Per Share and Special Dividend of $0.10 Per Share
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the “Trust”) today announced that it has declared a quarterly dividend of $0.40 per share payable on January 17, 2025, to shareholders of record on December 30, 2024. The Trust also announced a special distribution of $0.10 per share payable on January 17, 2025, to shareholders of record on December 30, 2024. Based on current projections through the end of 2024, the Trust expects both dividends w.
Positive
Seeking Alpha
2 weeks ago
MCI: Mixed Outlook With Interest Rate Cuts (Rating Downgrade)
I am downgrading Barings Corporate Investors to a hold due to its current premium to NAV and anticipated future interest rate cuts. MCI's portfolio, primarily composed of floating-rate debt investments, may see reduced net investment income as interest rates are cut further. Despite potential income reductions, the Fund's diverse portfolio and historically low non-accruals suggest stability; existing shareholders need not sell.
Positive
Seeking Alpha
1 month ago
My 9.5% Income Portfolio CEFs And Classic Cars
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten years ago, and over time, I became convinced of their worth by developing a personal method of selection based mainly on NAV performance. This is an analytical, data-driven approach which I then extended to other types of securities in my portfolio, namely ETFs and BDCs.
Neutral
Business Wire
1 month ago
Barings Corporate Investors Reports Preliminary Third Quarter 2024 Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") met on November 14, 2024, and would like to report its preliminary financial results for the third quarter of 2024. Financial Highlights(1) Three Months Ended September 30, 2024 Three Months Ended June 30, 2024 Total Amount Per Share(5) Total Amount Per Share(4) Net investment income(2) $ 7,552,446 $ 0.37 $ 8,623,260 $ 0.42 Net realized (losses) / gains(3) $ (2,993,688 ).
Neutral
Seeking Alpha
2 months ago
My 9.5% Income Portfolio-Fifty Shades Of Blue
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus on the price of each security in my portfolio, comparing it with the lows and highs touched throughout its history. An overview of the path each one has taken from launch to current market quotation with a personal assessment of the possible room for maneuver from those values.
Neutral
Business Wire
2 months ago
Barings Corporate Investors Announces 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") today announced that it has declared a quarterly dividend of $0.40 per share payable on November 15, 2024, to shareholders of record on November 4, 2024. The Trust will report preliminary financial results for the third quarter of 2024 on November 14, 2024. About Barings Corporate Investors Barings Corporate Investors is a closed-end management investment company advised by Barings L.
Positive
Seeking Alpha
3 months ago
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.'
Neutral
Business Wire
4 months ago
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 ) $.
Positive
Seeking Alpha
5 months ago
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.
Positive
Seeking Alpha
6 months ago
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.
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