Company: Barings Corporate Investors (MCI)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: 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. -Yahoo Finance-
Symbol: MCI
Recent Price: $17.31
Dividends: $1.56
Yield: 9.01%
Sector: Financial Services
Industry: Asset Management
Address & Company Phone #: 300 South Tryon Street Suite 2500 Charlotte NC 28202, 704-805-7200
Transfer Agent: Shareholr Financial Services 800-647-7374
Moody’s Rating: NR
Minimum & Maximum Investment: $10 – $5,000/quarter
Investment Dates: Every 90 days beginning 2/14
Shares to Qualify: 1 Share
Fees: Div.: $2.50 to $5 Cash: 5 to $2.50 Cert: $0 Sells: by Mail for comm.
52 Week High & Low: $19.24, $14.36