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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BROWN MACHINE GROUP HOLDINGS LLC TERM LOAN A</name>
        <lei>N/A</lei>
        <title>BROWN MACHINE GROUP HOLDINGS LLC TERM LOAN A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="11528#ZZ2"/>
        </identifiers>
        <balance>1683308.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1649642.16000000</valUSD>
        <pctVal>0.480878361421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.49000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEARTLAND VETERINARY PARTNERS LLC 2021 OPCO PIK NO</name>
        <lei>N/A</lei>
        <title>HEARTLAND VETERINARY PARTNERS LLC 2021 OPCO PIK NO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="810338ZZ9"/>
        </identifiers>
        <balance>3582878.56000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3113521.47000000</valUSD>
        <pctVal>0.907605988163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KANO LABORATORIES LLC-DELAYED DRAW TERM LOAN</name>
        <lei>N/A</lei>
        <title>KANO LABORATORIES LLC-DELAYED DRAW TERM LOAN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="9458727"/>
        </identifiers>
        <balance>822181.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-7430.08000000</valUSD>
        <pctVal>-0.00216590287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Truck-Lite Cc-Delayed Draw</name>
        <lei>N/A</lei>
        <title>Truck-Lite Cc-Delayed Draw</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="8328171"/>
        </identifiers>
        <balance>437500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>431666.67000000</valUSD>
        <pctVal>0.125832841802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.98000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U.S. LEGAL SUPPORT INC TERM LOAN</name>
        <lei>N/A</lei>
        <title>U.S. LEGAL SUPPORT INC TERM LOAN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="90331BYY6"/>
        </identifiers>
        <balance>3458771.65000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3344632.19000000</valUSD>
        <pctVal>0.974975837841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAI SOFTWARE TERM LOAN</name>
        <lei>N/A</lei>
        <title>CAI SOFTWARE TERM LOAN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="806318ZZ7"/>
        </identifiers>
        <balance>4471900.88000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4140980.21000000</valUSD>
        <pctVal>1.207114989145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.77000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TENCARVA MACHINERY COMPANY-DELAYED DRAW TERM LOAN</name>
        <lei>N/A</lei>
        <title>TENCARVA MACHINERY COMPANY-DELAYED DRAW TERM LOAN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="10710430"/>
        </identifiers>
        <balance>481108.29000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>476976.55000000</valUSD>
        <pctVal>0.139040882539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.32000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RENOVATION BRANDS TERM LOAN</name>
        <lei>N/A</lei>
        <title>RENOVATION BRANDS TERM LOAN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="704800ZZ7"/>
        </identifiers>
        <balance>1912621.35000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1675456.30000000</valUSD>
        <pctVal>0.488403303281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.82000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GENESIS ENERGY LP/FIN 6.5 10/01/25</name>
        <lei>N/A</lei>
        <title>GENESIS ENERGY LP/FIN 6.5 10/01/25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="US37185LAJ17"/>
        </identifiers>
        <balance>675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>664736.09000000</valUSD>
        <pctVal>0.193773661638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RESONETICS LLC 2021 2ND LIEN INCREMENTAL TERM LOA</name>
        <lei>N/A</lei>
        <title>RESONETICS LLC 2021 2ND LIEN INCREMENTAL TERM LOA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="761150QQ7"/>
        </identifiers>
        <balance>1120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1088640.00000000</valUSD>
        <pctVal>0.317343622799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.31000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JONES FISH TERM LOAN</name>
        <lei>N/A</lei>
        <title>JONES FISH TERM LOAN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="480205YY3"/>
        </identifiers>
        <balance>2194092.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2128270.04000000</valUSD>
        <pctVal>0.620400614335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.60000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EFI PRODUCTIVITY SOFTWARE-REVOLVER</name>
        <lei>N/A</lei>
        <title>EFI PRODUCTIVITY SOFTWARE-REVOLVER</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="10743686"/>
        </identifiers>
        <balance>146023.47000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-1460.23000000</valUSD>
        <pctVal>-0.00042566383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2023-08-01</ncom:dateSigned>
      <ncom:nameOfApplicant>BARINGS CORPORATE INVESTORS</ncom:nameOfApplicant>
      <ncom:signature>Christopher Hanscom</ncom:signature>
      <ncom:signerName>Christopher Hanscom</ncom:signerName>
      <ncom:title>Chief Financial Officer for the Trusts</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
