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 > What to do with all the cash?

<< Previous

Bullboard Posts

Next >>

Post by longrun86on Oct 29, 2019 12:46am

120 Views

Post# 30279678

What to do with all the cash?

Hi all,

This board has some faily intelligent posters in comparison to other bullboards (read: bulls**t boards).

Based on the cash flow analysis, Macro will end the year with somewhere in the range of $50 million and earn another $40 to $50 million in 2020. Therefore, ending next year with $100 million in cash is entirely conceivable. I continue to be gobsmacked by the fact that the market capitalization is only $116 million!

I would appreciate your thoughts/speculation on what the company will do with all of this cash as it relates to driving long-term shareholder value.

Best of luck,

LR

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?