Barings Corporate Investors Declares Quarterly Dividend of $0.30 per Share
December 15 2017 - 1:15PM
The Board of Trustees of Barings Corporate Investors (the “Trust”)
met today. The Trust’s Trustees declared a quarterly dividend
of 30 cents per share payable on January 12, 2018 to shareholders
of record on December 29, 2017. The quarterly dividend is
considered ordinary income for tax purposes and will be reported on
IRS Form 1099-Div. A 30 cent-per-share dividend was declared
in each of the three preceding quarters.
The Trustees also voted to have the Trust retain
all net long-term capital gains realized by the Trust in 2017 for
future growth and to pay the required federal capital gains tax
thereon. IRS Form 2439, Notice to Shareholders of
Undistributed Long-Term Capital Gains, will be mailed to
shareholders by the end of January. The Trust’s 2017
unaudited financial results are expected to be available in late
January.
Barings Corporate Investors is a closed-end
management investment company advised by Barings LLC, a subsidiary
of Massachusetts Mutual Life Insurance Company and a member of its
family of affiliated financial services companies. Its shares are
traded on the New York Stock Exchange under the trading symbol
(“MCI”).
Cautionary Notice: Certain statements contained in
this press release may be "forward looking" statements.
Investors are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date on
which they are made and which reflect management’s current
estimates, projections, expectations or beliefs, and which are
subject to risks and uncertainties that may cause actual results to
differ materially. These statements are subject to change at
any time based upon economic, market or other conditions and may
not be relied upon as investment advice or an indication of the
fund's trading intent. References to specific securities are
not recommendations of such securities, and may not be
representative of the fund's current or future investments.
We undertake no obligation to publicly update forward looking
statements, whether as a result of new information, future events,
or otherwise.
About BaringsBarings is a leading global
financial services firm dedicated to meeting the evolving
investment and capital needs of our clients. We build lasting
partnerships that leverage our distinctive expertise across
traditional and alternative asset classes to deliver innovative
solutions and exceptional service. Part of MassMutual, Barings
maintains a strong global presence with over 650 investment
professionals and offices in 16 countries. Learn more at
www.barings.com.
17/324272
Contact:
Brian Whelan, Head of Corporate Communications, 980.417.7700, brian.whelan@barings.com
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