Babson Capital Corporate Investors (MCI) : Harvest Capital Management Inc scooped up 2,546 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 Jul 13, 2016. The investment management firm now holds a total of 164,161 shares of Babson Capital Corporate Investors which is valued at $2,957,853.Babson Capital Corporate Investors makes up approximately 1.36% of Harvest Capital Management Inc’s portfolio.
Other Hedge Funds, Including , Davenport Co reduced its stake in MCI by selling 3,600 shares or 7.65% in the most recent quarter. The Hedge Fund company now holds 43,443 shares of MCI which is valued at $782,756. Babson Capital Corporate Investors makes up approx 0.01% of Davenport Co’s portfolio.Creative Planning boosted its stake in MCI in the latest quarter, The investment management firm added 1,045 additional shares and now holds a total of 66,353 shares of Babson Capital Corporate Investors which is valued at $1,195,548. Babson Capital Corporate Investors makes up approx 0.01% of Creative Planning’s portfolio.Curbstone Financial Management Corp reduced its stake in MCI by selling 6,550 shares or 1.94% in the most recent quarter. The Hedge Fund company now holds 331,542 shares of MCI which is valued at $5,893,491. Babson Capital Corporate Investors makes up approx 1.95% of Curbstone Financial Management Corp’s portfolio. Iowa State Bank added MCI to its portfolio by purchasing 468 company shares during the most recent quarter which is valued at $8,319.
Babson Capital Corporate Investors closed down -0.046 points or -0.25% at $18.204 with 9,271 shares getting traded on Monday. Post opening the session at $18.2852, the shares hit an intraday low of $17.881 and an intraday high of $18.2852 and the price fluctuated in this range throughout the day.Shares ended Monday 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.