MFS Charter Income Trust V.MCR

Primary Symbol: MCR

MFS Charter Income Trust (Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but also considers capital appreciation. The Fund primarily invests in debt instruments. The Fund also invests in corporate bonds of the United States and/or foreign issuers, United States government securities, foreign government securities, mortgage-backed securities and other securitized instruments of United States and/or foreign issuers, and/or debt instruments of issuers located in emerging market countries. It invests in a range of fixed income sectors, such as high yield corporates, emerging markets bonds, investment grade corporates, Non- United States government bonds, commercial mortgage-backed securities, mortgage-backed securities, collateralized debt obligations, municipal bonds, asset-backed securities and United States treasury securities. The Fund's investment advisor is Massachusetts Financial Services Company.

NYSE:MCR - Post by User

MFS Charter Income Trust

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Post by Runaway1492on Feb 26, 2019 3:46am

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Post# 29412750

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I took a small position in MCR today.

looking at the risk/reward factor I see potential for a max 30% SP decline and the potential for the stock to triple or more if both pipelines go through.

Trudeau has chosen his side on this debate long ago and if he were to go back on the pipeline prior to the election I see him facing plenty of downside risk amongst middle of the road voters and limited upside amongst the SJW crowd.

I’m not expecting to see shovels in the ground before the next election but I do expect a lot of positive momentum for Trans Mountain in the lead up.

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