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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 LTIH1324on Nov 30, 2020 1:32pm
128 Views
Post# 32001539

RE:RE:RE:RE:Hummm JV Honeymoon

RE:RE:RE:RE:Hummm JV HoneymoonThank you LR for your summary. 

I agree that it was a great Q. I too am curious of is the reputation of MCR with respect to the contract swap. I knew that there were some strains with Spiecapag and that MCR would not be looking to do another JV with them - so clearly there was some dynamic at play behind the scenes - also taking into consideration the loss of spread 5. 

Any insight on the NGTL contractor bidding timing / chances for MCR?

I also really want MCR to be aggressive with the NCIB. I am shocked that they havent been in the past while (at sub $2.50!). Frank is obviously somewhat against it, but if someone offered him a piece of equipment that had that large of an intrisic value discount he would jump on it, and I do highlight that with mgmt when I speak with them. 


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