Financial Services -
Asset Management - NYSE - US
$ 20.81
1.08 %
$ 422 M
Market Cap
12.35
P/E
1. INTRINSIC VALUE
Balance Sheet
Barings Corporate Investors
| Current Assets | 17.2 M |
| Cash & Short-Term Investments | 17.2 M |
| Receivables | 10.1 M |
| Other Current Assets | -10.1 M |
| Non-Current Assets | 389 M |
| Long-Term Investments | 379 M |
| PP&E | 0 |
| Other Non-Current Assets | 10.4 M |
| Current Liabilities | 13.7 M |
| Accounts Payable | 13.7 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 48.9 M |
| Long-Term Debt | 45.8 M |
| Other Non-Current Liabilities | 3.09 M |
EFFICIENCY
Earnings Waterfall
Barings Corporate Investors
| Revenue | 37.9 M |
| Cost Of Revenue | 0 |
| Gross Profit | 37.9 M |
| Operating Expenses | 1.39 M |
| Operating Income | 36.5 M |
| Other Expenses | 951 K |
| Net Income | 35.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Barings Corporate Investors
| Net Income | 35.6 M |
| Depreciation & Amortization | -183 K |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -984 K |
| Others | -3.68 M |
| Free Cash Flow | 28.1 M |
Wall Street Analysts Price Targets
Barings Corporate Investors
MCI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.96%
DIVIDEND YIELD
0.4 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Barings Corporate Investors
Sold
0-3 MONTHS
0 USD 1
3-6 MONTHS
227 K USD 2
6-9 MONTHS
0 USD 1
9-12 MONTHS
0 USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
MCI: A Great Fund For The Long Term, But Has Outrageously High Premium
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. The fund's low leverage, decent yield, and excellent past performance make it a great bond fund to hold for the long term. However, the current premium is extremely high compared to its long-term record and makes it unattractive at the current prices.
seekingalpha.com
- 2 days ago
Barings Corporate Investors Reports Preliminary First Quarter 2025 Results and 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") met on May 15, 2025, and would like to report its preliminary financial results for the first quarter of 2025. Financial Highlights(1) Three Months Ended March 31, 2025 Three Months Ended December 31, 2024 Total Amount Per Share(5) Total Amount Per Share(4) Net investment income(2) $ 7,057,100 $ 0.35 $ 10,560,460 $ 0.52 Net realized gains / (losses)(3) $ (4,509,539) $ (0.22) $ 2,48.
businesswire.com
- 2 months ago
MCI: Premium Valuation Amidst Uncertain Outlook
Barings Corporate Investors offers a high dividend yield of 7.8%, leveraging a higher interest rate environment to generate elevated income from diverse debt investments. MCI's portfolio is heavily weighted towards private bank loans (72.4%) and has significant exposure to technology, industrial, and healthcare sectors. The fund's floating rate debt structure benefits from high interest rates but poses risks if rates drop or borrower defaults increase.
seekingalpha.com
- 2 months ago
My Income Portfolio: In The Garden Of Eden
Total Return can be misleading if not supported by NAV growth, as it may include unsustainable distributions and Return of Capital. Behavioral finance shows markets are irrational, making it crucial to consider practical aspects beyond theoretical Total Return calculations. I believe that NAV performance can affect our discretion in the reinvestment choices for the distributions we receive from our savings much more than Total Return.
seekingalpha.com
- 2 months ago
Nexalin Technology Initiates FDA Q-Submission Process for Gen-2 SYNC Following Encouraging Data and Preliminary FDA Feedback
Company initiates formal regulatory engagement on trial design for Alzheimer's, dementia, and MCI indications Company initiates formal regulatory engagement on trial design for Alzheimer's, dementia, and MCI indications
globenewswire.com
- 2 months ago
Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.
seekingalpha.com
- 2 months ago
My Income Portfolio: Financial Awareness
The essence of financial awareness is to realize that money can work for us through our investments. Understanding the value of money is the first step toward financial education, which leads to the selection of the most appropriate tools for developing that awareness. In my case, the instruments I have adopted are largely high-income vehicles, with monthly and, in some cases, quarterly distribution.
seekingalpha.com
- 4 months ago
Barings Corporate Investors Reports Preliminary Fourth Quarter 2024 Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") met on February 27, 2025, and would like to report its preliminary financial results for the fourth quarter of 2024. Financial Highlights(1) Three Months Ended December 31, 2024 Three Months Ended September 30, 2024 Total Amount Per Share(5) Total Amount Per Share(4) Net investment income(2) $ 10,560,460 $ 0.52 $ 7,552,446 $ 0.37 Net realized gains / (losses)(3) $ 2,486,190.
businesswire.com
- 4 months ago
MCI At 35% Premium - A Good Opportunity To Close Some Profit
Barings Corporate Investors has seen a sharp price increase recently, leading to a 35% premium, which appears overvalued given historical averages. MCI's portfolio primarily consists of privately placed, below-investment grade long-term debt, with a small equity exposure, and low leverage and expenses. The fund's distribution yield aligns with its portfolio performance, indicating no capital depletion.
seekingalpha.com
- 4 months ago
My 9.5% Income Portfolio-Like Mosaic Tiles
Our investments, usually conceived and implemented gradually over time, are the pieces of a personal mosaic that form the whole of our assets. One solution for entering the financial markets can be Dollar-Cost Averaging (DCA), a form of investing a constant amount at regular intervals. However, initiating a plan to buy stocks according to the logic of DCA presupposes awareness of the fluctuations in financial markets and their psychological implications.
seekingalpha.com
- 5 months ago
Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.
seekingalpha.com
- 6 months ago
My 9.5% Income Portfolio: Better With Less, But Better
Risk is the probability of a negative event in the future. An abstract concept that is not measurable; otherwise it would not be risk. Ascertaining value is the first step in controlling risk, that is, in reducing the possibility of incurring losses that cannot be predicted in advance. My choice to invest in securities with positive NAV performance over time is a way to try to control risk.
seekingalpha.com
- 6 months ago
8. Profile
Summary
Barings Corporate Investors MCI
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 422 M
Dividend Yield
1.96%
Description
Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations. The fund also invests in marketable investment grade debt securities, other marketable debt securities, and marketable common stocks. It was formerly known as Babson Capital Corporate Investors. Babson Capital Corporate Investors trust was formed in 1971 and is domiciled in the United States.
Contact
300 South Tryon Street, Charlotte, NC, 28202
https://www.babsoncapital.com/Strategies/Trusts/MCI/Default.aspx
IPO
Date
March 17, 1980
Employees
0
Officers
Mr. Clifford Michael Noreen
Chairman, Executive Officer, Chairman of the Board of Mngrs & President of Babson Capital
Mr. Michael L. Klofas CFA, CPA
President