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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

Bullboard Posts
Comment by Flipper12on Feb 23, 2013 11:03pm
199 Views
Post# 21034347

RE: RE: RE: RE: Earnings release date?

RE: RE: RE: RE: Earnings release date?

You're welcome to use what suits you.

The higher the share price goes the less the preferred shares dilute earnings.  I am a shareholder because I expect the shares to go substantially higher making the dilution a non material issue in the future.

After December 2010 the preferred shares are redeemable at the option of the Company, in whole or in part, on not more than 60 and not less than 30 days prior notice at a redemption price equal to $1,000 plus any accrued andunpaid dividends.Payment will be made by issuing Common Shares at 95% of the weighted average trading price for the prior 20 days.
 
Bullboard Posts