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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

Comment by Moogulon Nov 29, 2019 1:24am
116 Views
Post# 30404603

RE:Back in after election trade.

RE:Back in after election trade.The sad truth is, investors would rather invest in a sketchy emerging market Becuase when it comes to political risk and certainty, Canada is worse... there is no other reason this stock is trading so cheap. The market is valuing this company as if there will be zero major pipelines and little need for macros services after tmx and/or it won't even be built. A previous poster is correct. With a clear lack of buying interest (given the current rediculous multiple) , macro needs to become the buyer. MCR should be buying back it's stock like crazy. 
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