Allspring Global Investments Holdings LLC Buys 25,000 Shares of MFS Charter Income Trust (NYSE:MCR)

Allspring Global Investments Holdings LLC boosted its stake in MFS Charter Income Trust (NYSE:MCR) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,062,968 shares of the financial services provider’s stock after purchasing an additional 25,000 shares during the period. Allspring Global Investments Holdings LLC’s holdings in MFS Charter Income Trust were worth $6,867,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Commonwealth Equity Services LLC grew its holdings in shares of MFS Charter Income Trust by 2.6% in the third quarter. Commonwealth Equity Services LLC now owns 163,083 shares of the financial services provider’s stock worth $954,000 after acquiring an additional 4,179 shares during the period. Shaker Financial Services LLC grew its stake in shares of MFS Charter Income Trust by 108.2% during the 3rd quarter. Shaker Financial Services LLC now owns 218,571 shares of the financial services provider’s stock valued at $1,279,000 after purchasing an additional 113,580 shares during the period. Landscape Capital Management L.L.C. increased its position in shares of MFS Charter Income Trust by 66.7% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 27,876 shares of the financial services provider’s stock valued at $163,000 after purchasing an additional 11,156 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of MFS Charter Income Trust by 78.0% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 75,939 shares of the financial services provider’s stock worth $444,000 after purchasing an additional 33,287 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in shares of MFS Charter Income Trust in the third quarter worth approximately $68,000.

MFS Charter Income Trust Stock Performance

Shares of NYSE MCR opened at $6.06 on Thursday. MFS Charter Income Trust has a 12-month low of $5.63 and a 12-month high of $6.70. The firm has a 50 day moving average of $6.29 and a 200 day moving average of $6.21.

MFS Charter Income Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 17th will be paid a $0.046 dividend. This represents a $0.55 annualized dividend and a dividend yield of 9.10%. This is a positive change from MFS Charter Income Trust’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Tuesday, April 16th.

MFS Charter Income Trust Company Profile

MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S.