Babson Capital Corporate Investors (MCI) : Harvest Capital Management Inc scooped up 1,439 additional shares in Babson Capital Corporate Investors during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 161,615 shares of Babson Capital Corporate Investors which is valued at $2.9 Million.Babson Capital Corporate Investors makes up approximately 1.35% of Harvest Capital Management Inc’s portfolio.
Other Hedge Funds, Including , Greenwich Investment Management reduced its stake in MCI by selling 1,900 shares or 4.11% in the most recent quarter. The Hedge Fund company now holds 44,317 shares of MCI which is valued at $798,592. Babson Capital Corporate Investors makes up approx 0.94% of Greenwich Investment Management’s portfolio. Archford Capital Strategies sold out all of its stake in MCI during the most recent quarter. The investment firm sold 600 shares of MCI which is valued $10,812.Sky Investment Group boosted its stake in MCI in the latest quarter, The investment management firm added 650 additional shares and now holds a total of 112,220 shares of Babson Capital Corporate Investors which is valued at $2 Million. Babson Capital Corporate Investors makes up approx 0.99% of Sky Investment Group’s portfolio.
Babson Capital Corporate Investors closed down -0.13 points or -0.74% at $17.33 with 17,825 shares getting traded on Wednesday. Post opening the session at $17.62, the shares hit an intraday low of $17.22 and an intraday high of $17.62 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Babson Capital Corporate Investors (the Trust) is a closed-end management investment company. The Trust’s investment objective is to maintain a portfolio of securities providing a fixed yield and at the same time offering an opportunity for capital gains. The Trust’s principal investments are privately placed below-investment grade long-term debt obligations. These placement securities may include equity features such as common stock warrants conversion rights or other equity features and preferred stocks. The Trust purchases these investments directly from their issuers in private placement transactions. In addition the Trust may invest in marketable investment grade debt securities other marketable debt securities (including high yield securities) and marketable common stocks. Babson Capital Management LLC (Babson Capital) a wholly owned indirect subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual) acts as the Trust’s investment adviser.