NYSE:MCRMFS Charter Income Trust Stock Price, Forecast & News

$8.44

+0.06 (+0.72 %)

(As of 06/3/2020 11:39 AM ET)

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Today's Range

$8.39

Now: $8.44▼

$8.45

50-Day Range

$7.63

MA: $7.89▼

$8.30

52-Week Range

$5.49

Now: $8.44▼

$8.60

Volume27,020 shs

Average Volume178,784 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.09%

BetaN/A

MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S. or foreign issuers, or debt instruments of issuers located in emerging market countries. The fund employs a combination of fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. It seeks to benchmarks the performance of its portfolio against a combination of the Barclays U.S. High-Yield Corporate Bond 2% Issuer Capped Index, MFS Charter Income Trust Blended Index, Barclays U.S. Credit Bond Index, Barclays U.S. Government/Mortgage Bond Index, Citigroup World Government Bond Non-Dollar Hedged Index, and JPMorgan Emerging Markets Bond Index Global. MFS Charter Income Trust was formed on July 20, 1989 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for MFS Charter Income Trust.

2.7 Community Rank

Outperform Votes
MFS Charter Income Trust has received 168 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MFS Charter Income Trust has received 141 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MFS Charter Income Trust has received 54.37% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about MFS Charter Income Trust and other stocks. Vote “Outperform” if you believe MCR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MCR will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
MFS Charter Income Trust is a leading dividend payer. It pays a dividend yield of 0.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MFS Charter Income Trust does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MFS Charter Income Trust insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.87 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolNYSE:MCR

Previous Symbol

CUSIPN/A

CIK851170

Webwww.mfs.com

Phone617-954-5000

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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MFS Charter Income Trust (NYSE:MCR) Frequently Asked Questions

How has MFS Charter Income Trust's stock been impacted by COVID-19 (Coronavirus)?

MFS Charter Income Trust's stock was trading at $7.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MCR shares have increased by 8.6% and is now trading at $8.44. View which stocks have been most impacted by Coronavirus.

How often does MFS Charter Income Trust pay dividends? What is the dividend yield for MFS Charter Income Trust?

MFS Charter Income Trust declared a monthly dividend on Monday, June 1st. Shareholders of record on Wednesday, June 17th will be given a dividend of $0.056 per share on Tuesday, June 30th. This represents a $0.67 annualized dividend and a yield of 7.96%. The ex-dividend date is Tuesday, June 16th. This is a boost from MFS Charter Income Trust's previous monthly dividend of $0.06. View MFS Charter Income Trust's dividend history.

Has MFS Charter Income Trust been receiving favorable news coverage?

Press coverage about MCR stock has trended neutral recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. MFS Charter Income Trust earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutMFS Charter Income Trust.

Who are some of MFS Charter Income Trust's key competitors?

Some companies that are related to MFS Charter Income Trust include 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), Aberdeen Australia Equity Fund (IAF), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE), Alpine Global Premier Properties Fund (AWP), Alternative Invest Ordinary Units FP (AIQ), Amedeo Resources (AMED), Amundi (AMDUF), Apollo Senior Floating Rate Fund (AFT), Azimut (AZIHF), Bankinter (BKT) and Barings Global Short Duratin Hgh Yld Fnd (BGH). View all competitors.

What other stocks do shareholders of MFS Charter Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MFS Charter Income Trust investors own include AT&T (T), Nuveen Preferred & Income Securities Fnd (JPS), Putnam Premier Income Trust (PPT), Southwestern Energy (SWN), Chemtrade Logistics Income Fund (ACAZF), Alpine Global Premier Properties Fund (AWP), Boeing (BA), BlackRock Resources and Commodities (BCX), Blackrock Enhanced Internationl Dvdnd Tr (BGY) and Chesapeake Energy (CHK).

Who are MFS Charter Income Trust's key executives?

MFS Charter Income Trust's management team includes the following people:

Ms. Robin Ann Stelmach, Pres and Interested Trustee (Age 58)
Mr. Frank L. Tarantino, Independent Chief Compliance Officer (Age 75)
Mr. David L. DiLorenzo, Treasurer (Age 50)
Mr. James O. Yost, Deputy Treasurer (Age 59)
Mr. Michael J. Skatrud CFA, Portfolio Mang.

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."

Who are MFS Charter Income Trust's major shareholders?

MFS Charter Income Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Morgan Stanley (0.00%), Morgan Stanley (0.00%), Parametric Portfolio Associates LLC (0.00%), Invesco Ltd. (0.00%), Wells Fargo & Company MN (0.00%) and Thomas J. Herzfeld Advisors Inc. (0.00%). View institutional ownership trends for MFS Charter Income Trust.

Which major investors are selling MFS Charter Income Trust stock?

MCR stock was sold by a variety of institutional investors in the last quarter, including Shaker Financial Services LLC, Morgan Stanley, Morgan Stanley, Centaurus Financial Inc., 9258 Wealth Management LLC, HighTower Advisors LLC, Raymond James Financial Services Advisors Inc., and Cambridge Investment Research Advisors Inc.. View insider buying and selling activity for MFS Charter Income Trust.

Which major investors are buying MFS Charter Income Trust stock?

MCR stock was bought by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., Wells Fargo & Company MN, Thomas J. Herzfeld Advisors Inc., Advisor Group Holdings Inc., Invesco Ltd., Raymond James & Associates, Parametric Portfolio Associates LLC, and LexAurum Advisors LLC. View insider buying and selling activity for MFS Charter Income Trust.

How do I buy shares of MFS Charter Income Trust?

Shares of MCR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is MFS Charter Income Trust's stock price today?

One share of MCR stock can currently be purchased for approximately $8.44.

What is MFS Charter Income Trust's official website?

The official website for MFS Charter Income Trust is www.mfs.com.

How can I contact MFS Charter Income Trust?

MFS Charter Income Trust's mailing address is 111 Huntington Avenue, 24Th Floor, BOSTON, MA 2199, United States. The financial services provider can be reached via phone at 617-954-5000.

This page was last updated on 6/3/2020 by MarketBeat.com Staff