MFS Charter Income Trust (NYSE:MCR) is expected to pay $0.06 on Nov 30, 2016. The indicated annual dividend is $0.76. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on MFS Charter Income Trust’s current price of $8.20, the dividend is 0.77%. This dividend’s record date is Nov 17, 2016 and the announcement date is Nov 2, 2016. The stock increased 0.24% or $0.02 on November 11, hitting $8.2. MFS Charter Income Trust (NYSE:MCR) has risen 1.23% since April 12, 2016 and is uptrending. It has underperformed by 3.75% the S&P500.
MFS Charter Income Trust is a diversified, closed-end management investment company. The company has a market cap of $437.85 million. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. It currently has negative earnings. The Fund invests its assets primarily in debt instruments.
Insitutional Activity: The institutional sentiment decreased to 0.88 in Q2 2016. Its down 0.87, from 1.75 in 2016Q1. The ratio fall, as 10 funds sold all MFS Charter Income Trust shares owned while 14 reduced positions. 8 funds bought stakes while 13 increased positions. They now own 14.35 million shares or 8.73% less from 15.72 million shares in 2016Q1.
Alphamark Advsr Ltd Liability accumulated 300 shares or 0% of the stock. Pnc Financial Gp has 18,603 shares for 0% of their US portfolio. Stifel Finance Corp accumulated 0.01% or 197,034 shares. Laurion Mgmt Limited Partnership holds 255,435 shares or 0.03% of its portfolio. Rivernorth Cap Mgmt Lc last reported 1.41 million shares in the company. Invesco has invested 0% of its portfolio in MFS Charter Income Trust (NYSE:MCR). Ladenburg Thalmann Fincl Services holds 10,258 shares or 0% of its portfolio. Rmb Capital Mngmt Ltd Llc accumulated 11,926 shares or 0.01% of the stock. Ls Inv Llc has invested 0% of its portfolio in MFS Charter Income Trust (NYSE:MCR). Sit Inv Associates Inc holds 0.2% of its portfolio in MFS Charter Income Trust (NYSE:MCR) for 909,267 shares. Creative Planning last reported 0% of its portfolio in the stock. Peoples Ser Corp last reported 0% of its portfolio in the stock. Next Fincl Group accumulated 0% or 193 shares. Landscape Cap Management Lc last reported 0.29% of its portfolio in the stock. Lpl Financial Ltd Liability Co holds 0% or 37,742 shares in its portfolio.
More recent MFS Charter Income Trust (NYSE:MCR) news were published by: Forbes.com which released: “Why Are Yield-Starved Investors Ignoring Closed-End Funds?” on September 09, 2016. Also Businesswire.com published the news titled: “MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds” on October 24, 2016. Businesswire.com‘s news article titled: “MFS Announces Portfolio Management Appointments for Several Closed End Funds” with publication date: November 29, 2012 was also an interesting one.
MCR Company Profile
MFS Charter Income Trust (the Trust) is a closed-end diversified management investment firm that maintains a portfolio, which includes investments in investment-grade and high-yield corporate bonds, United States Government securities, and international investment-grade and markets debt. During the fiscal year ended November 30, 2006, the Trust provided a total return of 6.64% at net asset value.
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