MCI: Not An Outright Buy, But Worth Accumulating - Solid 8.9% Income [Seeking Alpha]
Barings Corporate Investors (MCI)
US:NYSE Investor Relations:
barings.com
Company Research
Source: Seeking Alpha
Financially Free Investor Investing Group Leader Follow Summary 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.' Khanchit Khirisutchalual Introduction: Barings Corporate Investors ( NYSE: MCI is a closed-end fund that went public in August 1971. The fund is one of the few CEFs that are more than 50 years old and have a very strong record of performance. The fund primarily invests in privately placed, below-investment grade, long-term debt obligations. More often than not, these debt inv
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MCI
Sec Filings
- 11/29/24 - Form 4
- 11/29/24 - Form 4
- 11/29/24 - Form 4
- MCI's page on the SEC website