MCI: Best Of Both Worlds – Solid 8.4% Income And Capital Appreciation (NYSE:MCI)

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Seedling are growing on coins are stacked and the seedlings in Concept of finance And Investment of saving money or financial and business growth for profit

Khanchit Khirisutchalual

Introduction:

Barings Corporate Investors (NYSE:MCI) is a closed-end fund, or CEF, incepted in August 1971. The fund is one of the few CEFs that are more than 50 years old and still going strong. The fund primarily invests in

Fund

Initial capital $1 million (invested Jan 2005), withdrawing ZERO income, all div. reinvested.

Balance as of Dec. 31, 2023.

Initial capital $1 million (invested Jan 2005), withdrawing inflation-adj. $40,000 income annually (Total Income drawn $957,000 each fund).

Balance as of Dec 31, 2023.

MCI

$5.64 million

$3.18 million

UTG

$5.09 million

$3.0 million

UTF

$5.11 million

$2.8 million

XLU

$4.42 million

$2.47 million

S&P500

$5.60 million

$2.68 million

Item Desc.

MCI

JNK

HYG

S&P 500

Annualized Return [CAGR] From 2008-2023

9.43%

4.55%

4.69%

9.69%

Annualized Return [CAGR] From 1995-2023

15.81%

N/A

N/A

10.35%

Annualized Return [CAGR] From 1985-2023

18.26%

N/A

N/A

11.29%

Dividend Yield% (as of 01/17/2024)

8.41%

6.36%

5.78%

1.40%

Max. Drawdown (2008-2023)

-38%

-36%

-30%

-49%

Std. Deviation (2008-2023)

18.73%

12.01%

10.94%

16.22%

10-Year CAGR

10.10%

3.22%

3.42%

11.88%

5-Year CAGR

12.75%

4.35%

4.19%

15.53%

3-Year CAGR

20.60%

0.87%

0.99%

9.85%

Fees (excluding interest)

1.64%

0.40%

0.49%

0.09%

Leverage

10%

0%

0%1

0%

No of holdings

339

1136

1189

504

Assets

$389 Million

$9.2 Billion

18.02 Billion

$484 Billion

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