- Two months ago, I told my Inside the Income Factory readers about Barings Corporate Investors Fund, which was just about to announce its quarterly distribution.
- This week it published its first quarter 2021 report, which reinforces the positive story from two months ago.
- Its sponsor, Mass Mutual, is a long-time industry leader in privately-placed corporate debt, often obtaining warrants, conversion rights and other upside equity features as part of the deal.
- First launched in 1971, MCI has generated a total return averaging 12% a year from its inception 50 years ago.
For further details see:
Barings Corporate Investors' 50-Year-Old Money Machine