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Posted by
Two Blokes Jul 20 -
Filed in
Stock
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Barings Corporate Investors is a closed-end fund investing in privately placed, below-investment-grade, long-term debt, with a strong 50-year performance record. The fund's low leverage, decent yield, and excellent past performance make it a great bond fund to hold for the long term. However, the current premium is extremely high compared to its long-term record and makes it unattractive at the current prices.