Barings Corporate Investors (MCI)
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]
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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 ...
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...
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.
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...
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...
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...
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...
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. ...
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...
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...
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...
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...
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...
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...
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...