Business Description
Barings Participation Investors is a U.S.-based closed-end fund managed by Barings LLC that focuses on fixed income investments, particularly long-term corporate bonds rated below investment grade, bought directly from the companies that issue them. The fund may also hold warrants and other instruments tied to company equity. It measures its results against several well-known market benchmarks, including the Russell 2000 Index and Lehman Brothers high yield and credit indexes. Originally founded in 1988 under the name Babson Capital Participation Investors, the fund operates solely within the United States.