MFS Charter Income Trust Company Profile (NYSE:MCR)

About MFS Charter Income Trust (NYSE:MCR)

MFS Charter Income Trust logoMFS Charter Income Trust (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 normally invests in debt instruments. The Fund also invests 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 and/or debt instruments of issuers located in emerging market countries. The Fund's portfolio comprises bonds, floating rate loans, equities, cash and cash equivalent and other. It invests in a range of Fixed income sectors, such as high yield corporates non-united states government bonds, investment grade corporates, emerging markets bonds, commercial mortgage-backed securities, asset-backed securities and collateralized debt obligations. Massachusetts Financial Services Company is the Fund's investment advisor.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $452.5 million
  • Outstanding Shares: 52,011,000
Average Prices:
  • 50 Day Moving Avg: $8.69
  • 200 Day Moving Avg: $8.63
  • 52 Week Range: $8.08 - $8.76
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 108.75
  • P/E Growth: 0.00
Misc:
  • Average Volume: 126,403 shs.
 
Frequently Asked Questions 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 declared a monthly dividend on Wednesday, July 5th. Stockholders of record on Thursday, July 20th will be paid a dividend of $0.0628 per share on Monday, July 31st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 8.66%. The ex-dividend date of this dividend is Tuesday, July 18th. View MFS Charter Income Trust's Dividend History.

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 price objectives 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 share price to reach $2.00 in the next year. View Analyst Ratings for MFS Charter Income Trust.

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

Who are MFS Charter Income Trust's key executives?

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

  • David H. Gunning, Independent Chairman of the Board of Trustees
  • Robin A. Stelmach, President, Trustee
  • Martin J. Wolin, Chief Compliance Officer
  • David L. DiLorenzo, Treasurer
  • James O. Yost, Deputy Treasurer
  • Kino Clark, Assistant Treasurer
  • Kenneth Paek, Assistant Treasurer
  • Kasey L. Philips, Assistant Treasurer
  • Frank L. Tarantino, Independent Senior Officer
  • Mark N. Polebaum, Secretary, Clerk

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 RELATIVE VALUE PARTNERS GROUP, LLC (8.79%), RELATIVE VALUE PARTNERS GROUP, LLC (7.76%) and Sit Investment Associates Inc. (3.47%). View Institutional Ownership Trends for MFS Charter Income Trust.

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 Sit Investment Associates Inc.. View Insider Buying and Selling for MFS Charter Income Trust.

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.

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

One share of MFS Charter Income Trust stock can currently be purchased for approximately $8.70.


MarketBeat Community Rating for MFS Charter Income Trust (NYSE MCR)
Community Ranking:  4.0 out of 5 (   )
Outperform Votes:  36 (Vote Outperform)
Underperform Votes:  9 (Vote Underperform)
Total Votes:  45
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MFS Charter Income Trust (NYSE:MCR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $2.00 (77.01% downside)

Analysts' Ratings History for MFS Charter Income Trust (NYSE:MCR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/19/2016Paradigm CapitalLower Price TargetBuyC$3.00 -> C$2.00N/AView Rating Details
(Data available from 7/24/2015 forward)

Earnings

Earnings History for MFS Charter Income Trust (NYSE:MCR)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for MFS Charter Income Trust (NYSE:MCR)
Current Year EPS Consensus Estimate: $-0.02 EPS
Next Year EPS Consensus Estimate: $0.08 EPS

Dividends

Current Dividend Information for MFS Charter Income Trust (NYSE:MCR)
Next Dividend:7/31/2017
Annual Dividend:$0.75
Dividend Yield:8.62%
Dividend Growth:6.40% (3 Year Average)
Payout Ratio:-3,750.00% (Based on This Year's Estimates)
937.50% (Based on Next Year's Estimates)
Dividend Payments by Quarter for MFS Charter Income Trust (NYSE:MCR)

Dividend History by Quarter for MFS Charter Income Trust (NYSE MCR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/5/2017monthly$0.068.68%7/18/20177/20/20177/31/2017
6/1/2017monthly$0.068.67%6/13/20176/15/20176/30/2017
5/2/2017monthly$0.068.68%5/16/20175/18/20175/31/2017
4/3/2017monthly$0.068.73%4/18/20174/20/20174/28/2017
3/2/2017monthly$0.068.71%3/14/20173/16/20173/31/2017
2/1/2017monthly$0.068.73%2/14/20172/16/20172/28/2017
1/4/2017monthly$0.068.69%1/17/20171/19/20171/31/2017
12/2/2016monthly$0.068.93%12/20/201612/22/201612/30/2016
11/2/2016monthly$0.069.17%11/15/201611/17/201611/30/2016
10/4/2016monthly$0.068.85%10/18/201610/20/201610/31/2016
9/2/2016monthly$0.068.73%9/20/20169/22/20169/30/2016
8/2/2016monthly$0.068.78%8/16/20168/18/20168/31/2016
7/5/2016monthly$0.068.71%7/19/20167/21/20167/29/2016
6/1/2016$0.066/14/20166/16/20166/30/2016
5/3/2016monthly$0.068.85%5/17/20165/19/20165/31/2016
4/4/2016monthly$0.068.9%4/19/20164/21/20164/29/2016
3/2/2016monthly$0.068.72%3/15/20163/17/20163/31/2016
2/2/2016monthly$0.069.39%2/16/20162/18/20162/29/2016
1/5/2016monthly$0.069.38%1/19/20161/21/20161/29/2016
12/2/2015monthly$0.069.31%12/15/201512/17/201512/31/2015
11/3/2015monthly$0.069.04%11/17/201511/19/201511/30/2015
10/2/2015monthly$0.069.73%10/13/201510/15/201510/30/2015
9/2/2015monthly$0.069.32%9/15/20159/17/20159/30/2015
8/4/2015monthly$0.069.3%8/18/20158/20/20158/31/2015
7/2/2015monthly$0.079.23%7/14/20157/16/20157/31/2015
6/2/2015monthly$0.078.92%6/16/20156/18/20156/30/2015
5/4/2015monthly$0.079.06%5/12/20155/14/20155/29/2015
4/2/2015monthly$0.056.14%4/14/20154/16/20154/30/2015
3/3/2015monthly$0.056.03%3/17/20153/19/20153/31/2015
2/3/2015monthly$0.056.14%2/17/20152/19/20152/27/2015
1/5/2015monthly$0.4561.29%1/13/20151/15/20151/30/2015
12/2/2014monthly$0.1723.39%12/16/201412/18/201412/31/2014
11/4/2014monthly$0.056.3%11/18/201411/20/201411/28/2014
10/2/2014monthly$0.056.39%10/14/201410/16/201410/31/2014
9/3/2014monthly$0.056.18%9/16/20149/18/20149/30/2014
8/4/2014monthly$0.056.25%8/12/20148/14/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for MFS Charter Income Trust (NYSE:MCR)
Insider Trades by Quarter for MFS Charter Income Trust (NYSE:MCR)
Institutional Ownership by Quarter for MFS Charter Income Trust (NYSE:MCR)
Insider Trades by Quarter for MFS Charter Income Trust (NYSE:MCR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/23/2014Maryanne L RoepkeDirectorBuy1,311$9.16$12,008.76View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MFS Charter Income Trust (NYSE:MCR)
Latest Headlines for MFS Charter Income Trust (NYSE:MCR)
Source:
DateHeadline
americanbankingnews.com logoMFS Charter Income Trust Announces Monthly Dividend of $0.06 (MCR)
www.americanbankingnews.com - July 5 at 10:20 PM
americanbankingnews.com logoMFS Charter Income Trust (mcr) Announces Dividend Increase - $0.06 Per Share
www.americanbankingnews.com - June 2 at 12:38 PM
americanbankingnews.com logoPositive Media Coverage Extremely Likely to Affect MFS Charter Income Trust (MCR) Stock Price
www.americanbankingnews.com - May 4 at 1:06 PM
americanbankingnews.com logoMFS Charter Income Trust (MCR) Declares Monthly Dividend of $0.06
www.americanbankingnews.com - May 3 at 12:10 AM
americanbankingnews.com logoMFS Charter Income Trust (MCR) Receives Daily Media Sentiment Score of 0.08
www.americanbankingnews.com - May 1 at 4:50 PM
americanbankingnews.com logoMFS Charter Income Trust (MCR) Getting Very Positive News Coverage, Report Shows
www.americanbankingnews.com - April 26 at 9:43 AM
finance.yahoo.com logoMFS Announces Closed End Fund Portfolio Management Appointments
finance.yahoo.com - April 7 at 11:06 AM
americanbankingnews.com logoMFS Charter Income Trust (mcr) Plans Dividend Increase - $0.06 Per Share
www.americanbankingnews.com - April 4 at 9:00 AM
streetinsider.com logoForm 4 MFS SPECIAL VALUE TRUST For: Jan 04 Filed by: Uek Robert W
www.streetinsider.com - February 16 at 6:03 PM
seekingalpha.com logoMFS Charter Income Trust goes ex-dividend today
seekingalpha.com - September 21 at 5:47 PM
finance.yahoo.com logoMFS Charter Income Trust (MCR)
finance.yahoo.com - August 26 at 5:52 PM
blogs.barrons.com logoMFS Closed-End Fund Targeted by Activists
blogs.barrons.com - May 31 at 3:20 PM
thestreet.com logoMFS Charter Income Fund About To Put More Money In Your Pocket (MCR)
www.thestreet.com - January 17 at 7:41 PM
finance.yahoo.com logoMFS Announces Portfolio Management Addition for MFS Charter Income Trust
finance.yahoo.com - September 30 at 10:11 AM

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Chart

MFS Charter Income Trust (MCR) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by MarketBeat.com Staff