Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jvdb90on May 31, 2020 6:18am
119 Views
Post# 31093076

RE:RE:RE:RE:RE:AGM Comments

RE:RE:RE:RE:RE:AGM CommentsMCR has been undervalued for the four years that I've owned shares. I cut them slack as at the time they weren't profitable and after a strong fiscal year 2019 I was expecting and hoping they would use the profits and cash built up to finally ramp up their share buyback plan or do some kind of dividend. Having listened for the audio presentation it doesn't seem likely they will. Starting to understand why it's been undervalued for so long.  It's basically a privately run company that happened to be publicly listed but it has no interest in doing anything to reward shareholders apart from operational excellence, which frankly, is not sufficient given its such an illiquid stock with no PR or IR of any kind. Only cataclyst I see that can propel this stock to heights is management intervention which seems unlikely. 
<< Previous
Bullboard Posts
Next >>