Barings Corporate Investors Reports Preliminary Third Quarter 2024 Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2024
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Source: Businesswire
Financial Performance: Barings Corporate Investors reported a net investment income of $7.6 million ($0.37 per share) for Q3 2024, down from $8.6 million in the previous quarter, with total net assets slightly increasing to $350.4 million.
Investment Activity: The Trust made nine new private investments totaling $18.5 million and had net capital losses of approximately $3 million during the quarter, while maintaining its dividend amidst a focus on high-quality business investments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
