Barings Participation Investors (MPV) NYSE

19.65

-0.19(-0.96%)

Updated at December 12 03:38PM

Currency In USD

Barings Participation Investors

Address

300 South Tryon Street

Charlotte, NC 28202

United States of America

Phone

704 805 7200

Sector

Financial Services

Industry

Asset Management

Employees

0

First IPO Date

October 24, 1988

Key Executives

NameTitlePayYear Born
Mr. Michael L. Klofas CFA, CPAPresident01961
Mr. Clifford Michael NoreenChairman, Principal Executive Officer and Portfolio Manager01958

Description

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S. High Yield Index, and Lehman Brothers Intermediate U.S. Credit Index. The fund was formerly known as Babson Capital Participation Investors. Barings Participation Investors was formed on April 7, 1988 and is domiciled in the United States.