International Assets Investment Management LLC Increases Holdings in MFS Charter Income Trust (NYSE:MCR)

International Assets Investment Management LLC lifted its position in MFS Charter Income Trust (NYSE:MCR) by 546.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,421 shares of the financial services provider’s stock after purchasing an additional 63,746 shares during the quarter. International Assets Investment Management LLC’s holdings in MFS Charter Income Trust were worth $487,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. L.M. Kohn & Company raised its stake in shares of MFS Charter Income Trust by 9.5% in the third quarter. L.M. Kohn & Company now owns 24,574 shares of the financial services provider’s stock worth $144,000 after purchasing an additional 2,124 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in MFS Charter Income Trust by 3.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 67,022 shares of the financial services provider’s stock valued at $433,000 after acquiring an additional 2,500 shares in the last quarter. Commonwealth Equity Services LLC raised its position in MFS Charter Income Trust by 2.6% during the third quarter. Commonwealth Equity Services LLC now owns 163,083 shares of the financial services provider’s stock valued at $954,000 after acquiring an additional 4,179 shares in the last quarter. Landscape Capital Management L.L.C. raised its position in MFS Charter Income Trust by 66.7% during the third quarter. Landscape Capital Management L.L.C. now owns 27,876 shares of the financial services provider’s stock valued at $163,000 after acquiring an additional 11,156 shares in the last quarter. Finally, Park Avenue Securities LLC purchased a new position in MFS Charter Income Trust during the third quarter valued at approximately $71,000.

MFS Charter Income Trust Trading Down 0.2 %

Shares of MCR stock opened at $6.10 on Friday. The stock has a 50 day moving average of $6.25 and a 200 day moving average of $6.22. MFS Charter Income Trust has a twelve month low of $5.63 and a twelve month high of $6.70.

MFS Charter Income Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 17th will be given a dividend of $0.046 per share. This is a boost from MFS Charter Income Trust’s previous monthly dividend of $0.05. This represents a $0.55 annualized dividend and a yield of 9.06%. 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.