MPV - NYSE

Barings Participation Investors

Barings Participation Investors

MPV·NYSE

$16.68

-2.1%
Financial ServicesAsset Management

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S. High Yield Index, and Lehman Brothers Intermediate U.S. Credit Index. The fund was formerly known as Babson Capital Participation Investors. Barings Participation Investors was formed on April 7, 1988 and is domiciled in the United States.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$179.69M
EPS1.2300
P/E Ratio13.56
Earnings Date12/31/2025
17.10M
Revenue
-16%
3Y+22.0%
5Y+30.0%
10Y+33.0%
13.23M
Net Income
-23%
3Y+90.0%
5Y+108.0%
10Y+14.0%
10.68M
Operating Cash Flow
-17%
3Y-2028.0%
5Y+25.0%
10Y+35.0%
Barings Participation Investors

Barings Participation Investors Profit Bridge

MPV · NYSE
Revenue17.10M
Cost of Goods Sold (2.02M)
Gross Profit15.08M
Operating Expenses (-298.91K)
Operating Income15.38M
Interest Expense (1.80M)
Other Income/Expense-1.80M
Pretax Income13.58M
Income Tax (350.90K)
Net Income13.23M
Net Income
13.23M

Profitability Analysis

Gross Margin

88.2%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

89.9%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

77.4%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

2.6%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Barings Participation Investors Income Statement

MPV • NYSE

Barings Participation Investors Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
REVENUE
Revenue
17.1M
20.3M
20.1M
14.1M
26.4M
13.2M
18.6M
4.6M
20M
12.8M
12.5M
13.3M
12.8M
13.5M
GROSS PROFIT
Cost of Revenue
(2M)
(1.5M)
(2.2M)
(1.9M)
(1.8M)
(1.6M)
(1.7M)
(1.7M)
(1.7M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Gross Profit
15.1M
18.8M
17.9M
11.8M
24.6M
11.3M
16.9M
2.9M
18.3M
12.8M
12.5M
13.3M
12.8M
13.5M
OPERATING INCOME
Operating Expenses
-298.9K
(1.1M)
(1.1M)
(2.4M)
(2.2M)
(2M)
(780.8K)
(965.6K)
(823.8K)
(557.6K)
(3.3M)
(3.8M)
(1.5M)
(4.7M)
Selling, General & Administrative
(1.1M)
(1.1M)
(2.6M)
(924.2K)
(816.8K)
(692.3K)
(780.8K)
(965.6K)
(823.8K)
(1.9M)
(2.1M)
(2M)
(2M)
(1.9M)
Research & Development
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(1.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Operating Income
15.4M
18.4M
17.6M
11.7M
10.1M
11.2M
17.8M
4.3M
19.8M
10.9M
10.4M
11.3M
10.8M
11.6M
PRE-TAX INCOME
Interest Expense
(1.8M)
(1.5M)
(1.2M)
(1M)
(622.9K)
(613.5K)
(613.5K)
(613.5K)
(613.5K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Net Interest Income
15.9M
17.1M
18.6M
12.8M
11M
12.2M
12.3M
12.6M
11.8M
0.0
0.0
0.0
0.0
0.0
Other Expenses
-1.4M
(0.0)
-1.5M
(1.4M)
(1.4M)
(1.3M)
(0.0)
-613.5K
-613.5K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Total Other Income Expenses Net
-1.8M
-776.9K
996.7K
-4.4M
15.6M
-4.9M
0.0
-613.5K
7.2M
704.9K
-1.8M
5.2M
2.9M
5.9M
Income Before Tax
13.6M
17.7M
18.6M
7.3M
25.6M
6.3M
17.8M
3.6M
19.1M
11.6M
8.6M
16.5M
13.8M
17.5M
NET INCOME
Income Tax Expense
(350.9K)
(425.2K)
(441.4K)
(377.9K)
(247.2K)
(0.0)
(0.0)
(0.0)
(22M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Net Income
13.2M
17.2M
18.1M
7M
25.4M
6.3M
17.8M
3.6M
19.1M
11.6M
8.6M
16.5M
13.8M
17.5M

SEC Filings

MPV - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2008

N/A

March 24, 2008
April 25, 2008
2008
View Filing
DEF 14A

DEF 14A 2007

N/A

March 30, 2007
April 27, 2007
2007
View Filing
DEF 14A

DEF 14A 2006

N/A

March 01, 2006
April 21, 2006
2006
View Filing
DEF 14A

DEF 14A 2005

N/A

February 28, 2005
April 22, 2005
2005
View Filing
DEF 14A

DEF 14A 2004

N/A

March 15, 2004
April 30, 2004
2004
View Filing
DEF 14A

DEF 14A 2003

N/A

February 28, 2003
April 11, 2003
2003
View Filing
DEF 14A

DEF 14A 2002

N/A

February 28, 2002
April 19, 2002
2002
View Filing
DEF 14A

DEF 14A 2001

N/A

February 28, 2001
April 21, 2001
2001
View Filing
DEF 14A

DEF 14A 1999

N/A

February 28, 2000
December 31, 1999
1999
View Filing
DEF 14A

DEF 14A 1999

N/A

March 03, 1999
April 23, 1999
1999
View Filing
Showing 1 to 10 of 13 filings

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