Babson Capital Participation Investors (MPV): William J Barrett , other of Babson Capital Participation Investors sold 11,503 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $14.35 per share for a total value of $165,083.84 according the SEC Form 4 Filing.
Currently the company Insiders own 0.8% of Babson Capital Participation Investors shares according to the proxy statements.Institutional Investors own 14.17% of Babson Capital Participation Investors shares.
Babson Capital Participation Investors: On Monday, Apr 11, 2016 heightened volatility was witnessed in Babson Capital Participation Investors which led to swings in the share price. The shares opened for trading at $14.2522 and hit $14.31 on the upside , eventually ending the session at $14.31, with a gain of 0.07% or 0.01 points. The heightened volatility saw the trading volume jump to 5,835 shares. The 52-week high of the share price is $14.54 and the company has a market cap of $136 M . The 52-week low of the share price is at $12.07.
Babson Capital Participation Investors (the Trust) is a closed-end management investment company. The Trust’s investment objective is to maximize total return by providing a high level of current income the potential for growth of income and capital appreciation. The Trust’s principal investments are privately placed below-investment grade long-term debt obligations purchased directly from their issuers which tend to be smaller companies. The Trust may also invest in publicly traded debt securities including high yield securities again with an emphasis on those with equity features and in convertible preferred stocks and subject to certain limitations readily marketable equity securities. In addition the Trust may invest in high quality readily marketable securities. Babson Capital Management LLC (Babson Capital) acts as its investment adviser for the Trust.