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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

Post by Notamemeon Mar 22, 2022 8:44pm
217 Views
Post# 34536325

Activist ???

Activist ???Anyone know who the activist who's gotten under the belt of Frank Miles.  I think I got a call on something down this line today.

Miles never came across to me as a greedy fellow but the outfit hasn't done all that well since we all funded his acquisition of all that equipment and his new offices in Fort St. John.

It certainly hasn't gone well and most likely did expect so form of M&A being the end of this story.  Frank Miles, not so much here.  Then again, I really don't know the fellow and his good friend is no longer at his side.

Sometimes, it's best just to move on and that may well be the case here.

Just wandering about the presence of an activist.
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