Barings Corporate Investors (MCI)

NYSE: MCI · Real-Time Price · USD
19.53
-0.21 (-1.06%)
Nov 21, 2024, 11:24 AM EST - Market open
-1.06%
Market Value 397.14M
Revenue (ttm) 41.59M
Net Income (ttm) 35.99M
Shares Out 20.33M
EPS (ttm) 1.77
PE Ratio 11.15
Forward PE n/a
Dividend $1.60 (8.11%)
Ex-Dividend Date Nov 4, 2024
Volume 16,649
Open 19.60
Previous Close 19.74
Day's Range 19.34 - 19.60
52-Week Range 16.42 - 20.48
Beta 0.69
Analysts n/a
Price Target n/a
Earnings Date n/a

About MCI

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 Babs... [Read more]

Sector Financials
Founded 1971
Country United States
Stock Exchange NYSE
Ticker Symbol MCI
Full Company Profile

News

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 year...

3 days ago - Seeking Alpha

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 fo...

6 days ago - Business Wire

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 o...

5 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

My 9.5% Income Portfolio-The View From The Top

Total Return is a percentage measure reflecting the total performance of a fund, incorporating both capital gains and the effect of dividends reinvested over a specific period. Net Asset Value is the ...

2 months ago - Seeking Alpha

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%, maki...

2 months ago - Seeking Alpha

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 ...

3 months ago - Business Wire

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 con...

5 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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 ...

6 months ago - Business Wire

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 demo...

7 months ago - Seeking Alpha

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.

Other symbols: BANXCIISCDUSA
7 months ago - Seeking Alpha

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 d...

8 months ago - Seeking Alpha

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, s...

8 months ago - Seeking Alpha

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 fo...

9 months ago - Business Wire

My 9% Income Portfolio-In Search For Happiness

For those who invest for dividends, the goal is to look for securities that can guarantee sustainable dividends and distributions over time. Choices about how to deploy the income generated by those i...

10 months ago - Seeking Alpha

The 8% Income Portfolio: 2023 Year-End Review

2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. ...

10 months ago - Seeking Alpha

MCI: Best Of Both Worlds - Solid 8.4% Income And Capital Appreciation

Barings Corporate Investors is a closed-end fund that primarily invests in privately placed, below-investment grade, long-term debt obligations. The MCI CEF has an unparalleled record among bond funds...

10 months ago - Seeking Alpha

How To Invest $1 Million In Retirement For Life-Long Income

We outline an Income Strategy for creating a self-sufficient portfolio for retirees and income-focused investors with $1 million to generate a life-long income stream. We explain the benefits of gener...

11 months ago - Seeking Alpha

My 9% Income Portfolio-Living Off Dividends

Total Return is the actual rate of return for an investment over a given evaluation period, typically one, three, five, or ten years. The Total NAV Return is the sum of all dividends/distributions, as...

11 months ago - Seeking Alpha

MCI: Strong Track Record But Not At A Bargain

Barings Corporate Investors (MCI) has been benefiting from the higher rate environment that we've been in. That's been driving the fund's distribution higher, and there is currently strong distributio...

11 months ago - Seeking Alpha

Barings Corporate Investors Announces Increased Quarterly Cash Dividend of $0.38 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 $0.38 per share payable on...

1 year ago - Business Wire

MCI: Solid 8.4% Yield For A Rich Retirement Dream

MCI has been around since 1971, and putting in a total return performance that outshines the S&P 500. With interest rate increases nearing their end, debt prices are near their lows. Making an excelle...

1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: November 26, 2023

19 out of 22 CEF sectors are positive on price, and 21 out of 22 sectors are positive on NAV. KYN/KMF merger completes. NXG Cushing Midstream Energy Fund rights offering begins.

Other symbols: BGRBTACUBADMBEMOEOTFCO
1 year ago - Seeking Alpha

Barings Corporate Investors Reports Preliminary Third Quarter 2023 Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") met on November 16, 2023, and would like to report its preliminary financial results fo...

1 year ago - Business Wire