Bank of America Corp DE Has $1.86 Million Stock Position in MFS Charter Income Trust (NYSE:MCR)

Bank of America Corp DE grew its position in shares of MFS Charter Income Trust (NYSE:MCR) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 291,727 shares of the financial services provider’s stock after acquiring an additional 10,417 shares during the quarter. Bank of America Corp DE’s holdings in MFS Charter Income Trust were worth $1,861,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MCR. Allspring Global Investments Holdings LLC raised its stake in shares of MFS Charter Income Trust by 7.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,773,447 shares of the financial services provider’s stock worth $11,315,000 after purchasing an additional 122,018 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of MFS Charter Income Trust during the 4th quarter worth approximately $265,000. Raymond James Financial Inc. bought a new stake in shares of MFS Charter Income Trust during the 4th quarter worth approximately $776,000. Invesco Ltd. raised its stake in shares of MFS Charter Income Trust by 10.4% during the 4th quarter. Invesco Ltd. now owns 567,652 shares of the financial services provider’s stock worth $3,622,000 after purchasing an additional 53,369 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of MFS Charter Income Trust by 17.7% during the 4th quarter. Wells Fargo & Company MN now owns 179,330 shares of the financial services provider’s stock worth $1,144,000 after purchasing an additional 26,907 shares in the last quarter.

MFS Charter Income Trust Stock Performance

MCR opened at $6.31 on Wednesday. MFS Charter Income Trust has a 1-year low of $5.57 and a 1-year high of $6.58. The stock’s fifty day simple moving average is $6.17 and its 200 day simple moving average is $6.27.

MFS Charter Income Trust Announces Dividend

The company also recently disclosed a — dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be given a dividend of $0.0442 per share. This represents a yield of 8.6%. The ex-dividend date of this dividend is Tuesday, June 17th.

About MFS Charter Income Trust

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.