About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
Recent Quotes
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Barings Participation Investors Reports Preliminary Second Quarter 2025 Results and Announces Quarterly Cash Dividend Of $0.37 Per Share

By: via Business Wire

The Board of Trustees of Barings Participation Investors (NYSE: MPV) (the "Trust") met on August 14, 2025, and would like to report its preliminary financial results for the second quarter of 2025.

Financial Highlights(1)

Three Months Ended

June 30, 2025

Three Months Ended

March 31, 2025

 

Total Amount

Per Share(5)

Total Amount

Per Share(4)

Net investment income(2)

$ 3,396,864

$ 0.32

$ 3,351,767

$ 0.31

Net realized (losses) / gains(3)

$883,063

$0.08

$(2,063,056)

$(0.19)

Net unrealized depreciation / appreciation

$ (155,317)

$ (0.01)

$ 822,363

$ 0.08

Net increase in net assets resulting from operations

$ 4,183,147

$ 0.39

$ 2,058,829

$ 0.19

 

 

 

 

 

Total net assets (equity)

$168,117,718

$ 15.68

$167,580,570

$ 15.65

(1)

All figures for 2025 are unaudited

(2)

June 30, 2025 figures net of less than $0.01 per share of taxes

(3)

June 30, 2025 figures net of less than $0.01 per share of taxes

(4)

Based on shares outstanding at the end of the period of 10,704,909

(5)

Based on shares outstanding at the end of the period of 10,722,277

Key Highlights:

Commenting on the quarter, Christina Emery, President, stated, "The Trust earned $0.32 per share of net investment income, net of taxes, for the second quarter of 2025, compared to $0.31 per share in the previous quarter The Trust has maintained its dividend this quarter, which is further confirmation of our credit philosophy, where we focus on leading businesses backed by strong sponsor ownership and conservative capital structures. This approach has historically generated stable returns and relative stability during economic stress. During the quarter, Barings continued to drive origination flow into quality, 1st lien senior secured middle-market investments as well as capitalizing on public fixed income investments where applicable. When constructing portfolios, we focus on investing in high-quality businesses that are leaders in their space and offer defensive characteristics that will allow them to perform through economic cycles.”

The Board of Trustees declared a quarterly dividend of $0.37 per share, payable on September 12, 2025, to shareholders of record on August 29, 2025.

During the three months ended June 30, 2025, the Trust reported total investment income of $4.5 million, net investment income of $3.4 million, or $0.32 per share, and a net increase in net assets resulting from operations of $4.2 million, or $0.39 per share.

Net asset value ("NAV") per share as of June 30, 2025, was $15.68, as compared to $15.65 as of March 31, 2025. The increase in NAV per share was primarily attributable to net investment income of $0.32 per share, net realized gain on investments of $0.08 per share, partially offset by unrealized depreciation on investments of $0.01 per share and dividends and distributions of $0.37 per share.

Recent Portfolio Activity

During the three months ended June 30, 2025, the Trust made 15 new investments totaling $10.4 million and 40 add-on investments in existing portfolio companies totaling approximately $1.9 million.

Liquidity and Capitalization

As of June 30, 2025, the Trust had cash and short-term investments of $4.2 million and $24.8 million of borrowings outstanding. The Trust had unfunded commitments of $20.1 million as of June 30, 2025.

Net Capital Gains

The Trust realized net capital gains of $883,063 or $0.08 per share during the quarter ended June 30, 2025. By comparison, for the quarter ended March 31, 2025, the Trust realized net capital losses of $2,063,056 or $0.19 per share.

About Barings Participation Investors

Barings Participation Investors is a closed-end management investment company advised by Barings LLC. Its shares are traded on the New York Stock Exchange under the trading symbol ("MPV").

About Barings LLC

Barings is a $456+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions. Learn more at www.barings.com.

*Assets under management as of June 30, 2025

Per share amounts are rounded to the nearest cent.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

Cautionary Notice: Certain statements contained in this press release may be "forward looking" statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made and which reflect management’s current estimates, projections, expectations or beliefs, and which are subject to risks and uncertainties that may cause actual results to differ materially. These statements are subject to change at any time based upon economic, market or other conditions and may not be relied upon as investment advice or an indication of the fund's trading intent. References to specific securities are not recommendations of such securities, and may not be representative of the fund's current or future investments. We undertake no obligation to publicly update forward looking statements, whether as a result of new information, future events, or otherwise.

Contacts

More News

View More
Lululemon: 2 Signs the Bottom Is In, and 1 Sign It Isn’t
Via MarketBeat
Tickers LULU NKE
Got 1K to Invest? These 3 Stocks Are Still Attractive Buys
Via MarketBeat
Topics Artificial Intelligence
Tickers AMD LLY NVDA UBER
Why Micron Stock Could Soar 35% on AI Memory Demand
Via MarketBeat
Topics Artificial Intelligence
Tickers AMD LNVGY MU NVDA ORCL
5 Reasons Coca-Cola Stock Will Hit New Highs This Year
Via MarketBeat
Tickers KO
GE Aerospace Can Rally Through Year’s End and Into 2026
Via MarketBeat
Tickers GE

Recent Quotes

View More
Symbol Price Change (%)
AMZN  222.03
+5.55 (2.56%)
AAPL  262.77
+0.53 (0.20%)
AMD  238.03
-2.53 (-1.05%)
BAC  51.52
-0.52 (-1.00%)
GOOG  251.34
-5.68 (-2.21%)
META  733.27
+1.10 (0.15%)
MSFT  517.66
+0.87 (0.17%)
NVDA  181.16
-1.48 (-0.81%)
ORCL  275.15
-2.03 (-0.73%)
TSLA  442.60
-4.83 (-1.08%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.