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

Bullboard Posts

Comment by paljoeyon Dec 06, 2012 7:52pm

157 Views

Post# 20695600

RE: Growth profile..seasonal pattern

The first quarter( January.March ) is by far their strongest quarter , with sales in excess of $41 million in both 2011 and 2012.

Some variability can be seen in Q3, with Q4 being strong both in 2011 and stated to be so this year ( same as 2011 ) even though down time for Xmas restricts work late in the year.

Longer term, there is huge growth forecasted for the pipeline industry both in Canada and the USA.

So, if Q1/13 stands true to seasonal form, the next two reporting quarters should continue the strong earnings seen in 2011.

Bullboard Posts

FE Battery Metals begins 2024 winter drill program