Barings Participation Investors Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017
October 20, 2017 at 02:50 pm EDT
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Barings Participation Investors announced earnings results for the third quarter and nine months ended September 30, 2017. The Trust’s net investment income for the quarter ended September 30, 2017 was $2,629,867 or $0.25 per share. Net investment income for the quarter ended September 30, 2016 was $2,425,345 or $0.23 per share. During the quarter ended September 30, 2017, net capital gains of $880,224 or $0.08 per share were realized by the Trust compared to gains of $733,319 or $0.07 per share for the quarter ended September 30, 2016.
Net investment income for the nine months ended September 30, 2017 was $8,600,981 or $0.82 per share, compared with $7,213,975 or $0.70 per share for the comparable period in 2016. During the period net realized capital gains $2,168,185 or $0.21 per share. During the previous quarter ended June 30, 2017, net capital gains of $954,889 or $0.09 per share were realized by the Trust.
Barings Participation Investors (the Trust) is a closed-end management investment company. The Trust's investment objective is to maintain a portfolio of securities providing a current yield and, when available, an opportunity for capital gains. The Trust's principal investments are privately placed, below-investment grade, long-term debt obligations including bank loans and mezzanine debt instruments. Such direct placement securities may, in some cases, be accompanied by equity features such as common stock, preferred stock, warrants, conversion rights, or other equity features. The Trust purchases the investments, which are not publicly tradable, directly from their issuers in private placement transactions. In addition, the Trust may invest in marketable debt securities (including high yield and/or investment grade securities) and marketable common stock. The investment advisor of the Trust is Barings LLC.
BARINGS PARTICIPATION INVESTORS 
