Barings Participation Investors Reports Preliminary Fourth Quarter 2024 Results
Financial Highlights(1) |
Three Months Ended
|
Three Months Ended
|
||||||||||
|
Total Amount |
Per Share(5) |
Total Amount |
Per
|
||||||||
Net investment income(2) |
$ |
5,077,391 |
|
$ |
0.48 |
|
$ |
3,553,378 |
|
$ |
0.33 |
|
Net realized gains / (losses)(3) |
$ |
327,989 |
|
$ |
0.03 |
|
$ |
(1,505,789 |
) |
$ |
(0.14 |
) |
Net unrealized appreciation / (depreciation) |
$ |
(295,452 |
) |
$ |
(0.03 |
) |
$ |
1,604,338 |
|
$ |
0.15 |
|
Net increase in net assets resulting from operations |
$ |
5,390,925 |
|
$ |
0.50 |
|
$ |
3,658,567 |
|
$ |
0.34 |
|
|
|
|
|
|
||||||||
Total net assets (equity) |
$ |
165,121,426 |
|
$ |
15.46 |
|
$ |
168,387,245 |
|
$ |
15.80 |
|
(1) |
All figures for 2024 are unaudited |
|
(2) |
December 31, 2024 figures net of approximately |
|
(3) |
December 31, 2024 figures net of approximately |
|
(4) |
Based on shares outstanding at the end of the period of 10,660,746.61 |
|
(5) |
Based on shares outstanding at the end of the period of 10,680,266.61 |
Key Highlights:
Commenting on the year, Christina Emery, President, stated, "We are pleased to have grown net investment income, net of taxes, during 2024 to
In 2024, the Trust’s dividend increased by
During the three months ended December 31, 2024, the Trust reported total investment income of
Net asset value ("NAV") per share as of December 31, 2024, was
Recent Portfolio Activity
During the three months ended December 31, 2024, the Trust made nine new private investments totaling
Liquidity and Capitalization
As of December 31, 2024, the Trust had cash of
Net Capital Gains
The Trust realized net capital gains of
Annual Meeting
The Trust’s annual shareholders' meeting will be held on Thursday, May 15, 2025. Shareholders of record at the close of business on March 17, 2025, will be entitled to vote at the meeting.
About Barings Participation Investors
Barings Participation Investors is a closed-end management investment company advised by Barings LLC. Its shares are traded on the New York Stock Exchange under the trading symbol ("MPV").
About Barings LLC
Barings is a
*Assets under management as of December 31, 2024
Per share amounts are rounded to the nearest cent.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS
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.
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Media Contact:
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Source: Barings Participation Investors