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.

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MFS Charter Income Trust > Re NCIB

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Comment by smilley69on Jul 16, 2020 9:40pm

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Post# 31279167

RE:Re NCIB

Cool. Thanks for the info. The share float is very low, so maybe preserving cash is a good thing? At least they have the option to buyback 1.5 million shares till Dec 2020. On paper, the company looks good to me. I guess the best way to build value is to secure and execute contracts, tough sledding in the present situation. I added another 1000 shares today. What's your personal perspective on the company's performance over the next 12 months. Thanks in advance.

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