About MFS Charter Income Trust
MFS Charter Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to seek high current income, but may also consider capital appreciation. The Fund invests its assets primarily in debt instruments. Its assets are also invested in corporate bonds of the United States and/or foreign issuers, the United States government securities, foreign government securities, mortgage-backed and other asset-backed securities of the United States and/or foreign issuers, and/or debt instruments of issuers located in emerging market countries. The Fund invests in High Yield Corporates, Investment Grade Corporates, Emerging Markets Bonds, Collateralized Debt Obligations, Floating Rate Loans and the United States Treasury Securities Massachusetts, among other sectors. Financial Services Company (MFS) is the Fund's investment advisor.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Debt
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: MCR
Companies Related to MFS Charter Income Trust:
- Previous Close: $8.61
- 50 Day Moving Average: $8.61
- 200 Day Moving Average: $8.51
- 52-Week Range: $7.62 - $8.75
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 858.00
- P/E Growth: 0.00
- Market Cap: $N/A
Consensus Ratings for MFS Charter Income Trust (NYSE:MCR) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$2.00 (76.69% downside)|
Analysts' Ratings History for MFS Charter Income Trust (NYSE:MCR)
(Data available from 2/23/2015 forward)
|8/19/2016||Paradigm Capital||Lower Price Target||Buy||C$3.00 -> C$2.00|
Earnings History for MFS Charter Income Trust (NYSE:MCR)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for MFS Charter Income Trust (NYSE:MCR)
Current Year EPS Consensus Estimate: $-0.19 EPS
Next Year EPS Consensus Estimate: $0.01 EPS
Current Dividend Information for MFS Charter Income Trust (NYSE:MCR)
|Dividend Growth:||6.40% (3 Year Average)|
|Payout Ratio:||-394.74% (Based on Current Year Consensus EPS Estimate)|
7,500.00% (Based on Next Year Consensus EPS Estimate)
Dividend History for MFS Charter Income Trust (NYSE:MCR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for MFS Charter Income Trust (NYSE:MCR)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/23/2014||Maryanne L Roepke||Director||Buy||1,311||$9.16||$12,008.76|| |
Latest Headlines for MFS Charter Income Trust (NYSE:MCR)
What is MFS Charter Income Trust's stock symbol?
MFS Charter Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCR."
How often does MFS Charter Income Trust pay dividends? What is the dividend yield for MFS Charter Income Trust?
MFS Charter Income Trust announced a monthly dividend on Wednesday, February 1st. Shareholders of record on Thursday, February 16th will be paid a dividend of $0.063 per share on Tuesday, February 28th. This represents a $0.76 annualized dividend and a yield of 8.81%. The ex-dividend date is Tuesday, February 14th. This is a boost from MFS Charter Income Trust's previous monthly dividend of $0.06.
Where is MFS Charter Income Trust's stock going? Where will MFS Charter Income Trust's stock price be in 2017?
1 equities research analysts have issued 12 month target prices for MFS Charter Income Trust's shares. Their predictions range from $2.00 to $2.00. On average, they expect MFS Charter Income Trust's stock price to reach $2.00 in the next year.
Who owns MFS Charter Income Trust stock?
MFS Charter Income Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Saba Capital Management L.P. (0.00%), Kovitz Investment Group Partners LLC (0.00%), Fiera Capital Corp (0.00%) and Ladenburg Thalmann Financial Services Inc. (0.00%).
Who sold MFS Charter Income Trust stock? Who is selling MFS Charter Income Trust stock?
MFS Charter Income Trust's stock was sold by a variety of institutional investors in the last quarter, including Saba Capital Management L.P. and Kovitz Investment Group Partners LLC.
Who bought MFS Charter Income Trust stock? Who is buying MFS Charter Income Trust stock?
MFS Charter Income Trust's stock was bought by a variety of institutional investors in the last quarter, including Fiera Capital Corp and Ladenburg Thalmann Financial Services Inc..
How do I buy MFS Charter Income Trust stock?
Shares of MFS Charter Income Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of MFS Charter Income Trust stock cost?
One share of MFS Charter Income Trust stock can currently be purchased for approximately $8.58.
MFS Charter Income Trust (NYSE:MCR) Chart for Thursday, February, 23, 2017
Institutional Ownership ChartEarnings History ChartDividend History Chart