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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

Post by undervalueon May 03, 2020 12:06pm
128 Views
Post# 30981050

Longridge Partners

Longridge PartnersThere is a good story on Score Golf discussing Longridge, which is founded by John Clark of Conner Clark.
They bought Devils Pulpit in Caledon. They plan a high end estate residential development incorporating the 2 courses. 
Longridge is an interesting concept. They are buying farmland that is significantly cheaper than developed boundary lands. They must assume that there will be wiggle room regarding the greenbelt coming in time.
With the pulpit property they will have to deal with the Niagara escarpment commission. I would have thought that to be impossible. 
TWC, has an extensive inventory of much closer to major urban lands unfortunately in the greenbelt. If John Clark can sell this concept to high net worth investors, why is TWC not getting similar traction?
Ten thousand acres.....
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