CHARLOTTE, N.C., Dec. 15,
2022 /PRNewswire/ -- The Board of Trustees of Barings
Participation Investors (the "Trust") met today. The Trust's
Trustees declared a quarterly dividend of $0.24 per share payable on January 20, 2023 to shareholders of record on
December 30, 2022. This
represents an increase of $0.02 per
share or 9.1% over the previous dividend of $0.22 per share. The final determination of the
source and tax characteristics of these distributions will depend
upon the Trust's investment experience during its fiscal year and
will be made after the Trust's year end and will be reported on IRS
Form 1099-Div.
The Board of Trustees of the Trust also appointed Christopher Hanscom as Chief Financial Officer
of the Trust, effective as of the close of business on December 16, 2022. Mr. Hanscom will succeed
Jonathan Bock, who notified the
Trust on December 9, 2022 that he
will step down as the Trust's Chief Financial Officer, effective as
of the close of business on December 16,
2022, to pursue other business opportunities. Mr. Bock's
resignation is not a result of any disagreement with the Trust on
any matter relating to its operations, policies, or practices, or
to any issues regarding its accounting policies or practices.
The next scheduled meeting of the Board of Trustees will be held
on February 27, 2022.
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").
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.
About Barings
Barings is a $338+ billion* global
investment manager sourcing differentiated opportunities and
building long-term portfolios across public and private fixed
income, real estate, and specialist equity markets. With investment
professionals based in North
America, Europe and
Asia Pacific, the firm, a
subsidiary of MassMutual, aims to serve its clients, communities,
and employees, and is committed to sustainable practices and
responsible investment. Learn more at www.barings.com.
*Assets under management as of September
30, 2022
Media Contact:
MediaRelations@barings.com
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SOURCE Barings