MCI

Barings Corporate Investors (NYSE:MCI) is a closed-end investment fund that has been operating since 1971, making it one of the longer-established players in the specialized credit investment space. Originally known as Babson Capital Corporate Investors, the fund underwent a rebranding when it came under the management of Barings LLC, a global investment management firm. As a closed-end fund, MCI trades on public exchanges like a stock, but its underlying business involves investing in a diversified portfolio of corporate debt securities, primarily focusing on below-investment-grade corporate loans and bonds. The fund went public in 1980 and has maintained its focus on providing investors with exposure to the private credit markets through a publicly traded vehicle.