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 unlimited_awon Mar 17, 2014 5:28pm

177 Views

Post# 22333350

RE:Any chance MCR can see $7 in 2014?

May I remind you that it was just a year ago around end April of 2013 that you could pick up shares of MCR below $1.70. Less than six months later MCR hit $7.35. This price action might be disappointing, but remember that prices depend on sentimentals for the short term instead of fundamentals. Keep some faith, the company is doing great and the sector has ample room to grow.

I still expect to see prices on the board below $5, but once we have bottomed, sentiment will change and fresh money in flow will boost the price to where it belongs.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?