MFS Charter Income:MCR

    Manage Alerts

    Overview

    As of 6/21/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$6.24$6.80-8.24%
    52 Wk Avg$6.19$6.75-8.27%
    52 Wk High$6.70$6.99-5.47%
    52 Wk Low$5.63$6.33-10.99%
    Regular Distribution TypeManaged Distribution
    Distribution Rate8.69%
    Distribution Amount$0.0452
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The fund’s investment objective is to seek high current income, but may also consider capital appreciation. MFS normally invests the fund’s assets primarily in debt instruments. MFS may invest up to 100% of the fund’s assets in below investment grade quality debt instruments.

    Capital Structure

    As of 6/21/2024

    Total Investment Exposure:$382.996M
    Total Common Assets:$287.996M
    Common Shares Outstanding:42,352,421
    Leverage

    As of 6/21/2024

    Preferred Share Assets:
    Total Debt (USD): $95.000M
    Regulatory Leverage (USD): $95.000M
    Effective Leverage (USD): $95.000M
    Effective Leverage (%): 24.80%
    Annual Expense Ratios

    As of 11/30/2023

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 2.70%
    Fund Management

    Fund Sponsor
    MFS

    Portfolio Managers
    David P. Cole, Ward Brown, Robert Spector, Neeraj Arora, Pilar Gomez-Bravo, Andy Li, Philipp S. Burgener, Michael Skatrud, John Mitchell, Erik S. Weisman

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: MCR
    NAV Ticker: XMCRX
    Average Daily Volume (shares): 78,057
    Average Daily Volume (USD): $0.481M
    Inception Date: 7/20/1989
    Inception Share Price: $12.00
    Inception NAV: $11.16
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 6/21/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 11/30/2023
    $0.1640
    Annualized Distribution Rate on NAV:
    As of 6/21/2024
    7.98%
    Total Return on NAV (12 months):
    As of 6/21/2024
    8.49%
    Avg. Portfolio Coupon:
    As of 6/21/2024
    4.99%
    Total % Portfolio Effectively Leveraged:
    As of 6/21/2024
    24.80%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/21/2024

    PeriodAvg Discount
    6 Month-7.65%
    1 Year-8.27%
    3 Year-5.66%
    5 Year-5.41%
    Z-Score

    As of 6/21/2024

    PeriodZStat
    3 Month-0.16
    6 Month-0.64
    1 Year0.03
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2024
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD0.01%0.29%5.36%2.90%
    202314.59%12.01%15.92%11.97%
    2022-21.23%-12.43%-15.67%-10.18%
    20215.31%1.00%18.38%9.49%
    202013.43%8.22%1.13%3.11%
    201925.37%15.92%21.79%13.91%
    2018-5.41%-1.38%-5.54%-2.01%
    20178.61%6.72%9.77%9.23%
    201622.28%12.91%19.94%16.22%
    2015-9.94%-2.71%-4.93%-4.43%
    20149.91%4.66%2.04%2.36%
    2013-4.65%3.07%2.61%9.80%
    201218.16%14.01%16.41%20.47%
    20114.67%4.85%  
    201011.41%12.40%  
    200934.63%27.82%  
    2008-3.85%-9.95%  
    20071.55%4.53%  
    20065.52%4.65%  
    20053.40%3.98%  
    20046.43%6.36%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2024
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/21/2024
    4.99%
    Number of Holdings:
    As of 4/30/2024
    942
    Annual Portfolio Turnover:
    As of 11/30/2023
    73.00%
    Average Bond Price:
    As of 4/30/2024
    $90.32
    Asset Allocation

    As of 4/30/2024

    Top Sectors

    As of 4/30/2024

    Sector%Portfolio
    Corporate (Super Sector)80.24%
    Corporate Bond79.36%
    Government41.14%
    Government (Super Sector)19.46%
    Securitized (Super Sector)6.99%
    Agency Mortgage Backed3.03%
    Asset Backed2.07%
    Government Commercial Mortgage Backed1.32%
    Bank Loan0.78%
    Non Agency Residential Mortgage Backed0.53%
    State Allocation

    As of 4/30/2024

    State% Portfolio
    Oklahoma0.15%
    Massachusetts0.11%
    Iowa0.04%
    Michigan0.02%
    Top Holdings

    As of 4/30/2024

    HoldingValue% Portfolio
    2 Year Treasury Note Future June 24$14.39M5.09%
    United States Treasury Notes 2.75%$14.07M4.98%
    United States Treasury Bonds 2.38%$12.71M4.49%
    United States Treasury Bonds 1.13%$10.49M3.71%
    Euro Bobl Future June 24$8.20M2.90%
    Australia (Commonwealth of) 3.25%$8.08M2.86%
    Ultra US Treasury Bond Future June 24$-11.36M-4.02%
    10 Year Treasury Note Future June 24$-11.71M-4.14%
    Euro Schatz Future June 24$-25.01M-8.85%
    5 Year Treasury Note Future June 24$-36.45M-12.89%
    Credit Quality

    As of 4/30/2024

    Maturity Breakdown

    As of 4/30/2024

    Country Allocation

    As of 4/30/2024

    Country% Portfolio
    United States - Fixed Income76.77%
    Others - Fixed Income8.78%
    United Kingdom - Fixed Income3.13%
    Italy - Fixed Income2.29%
    Brazil - Fixed Income1.87%
    Australia - Fixed Income1.82%
    Japan - Fixed Income1.77%
    Canada - Fixed Income1.75%
    Netherlands - Fixed Income1.62%
    France - Fixed Income1.60%
    South Korea - Fixed Income1.45%
    China - Fixed Income1.38%
    Mexico - Fixed Income1.30%
    Spain - Fixed Income1.24%
    India - Fixed Income0.63%
    Belgium - Fixed Income0.51%
    Chile - Fixed Income0.48%
    Czech Republic - Fixed Income0.42%
    South Africa - Fixed Income0.37%
    Switzerland - Fixed Income0.32%
    Indonesia - Fixed Income0.25%
    Hungary - Fixed Income0.22%
    Singapore - Fixed Income0.18%
    Peru - Fixed Income0.16%
    Sweden - Fixed Income0.16%
    Greece - Fixed Income0.14%
    Malaysia - Fixed Income0.12%
    Thailand - Fixed Income0.12%
    Philippines - Fixed Income0.10%
    Denmark - Fixed Income0.10%
    Slovakia - Fixed Income0.10%
    Finland - Fixed Income0.10%
    Others - Equity0.09%
    Turkey - Fixed Income0.07%
    New Zealand - Fixed Income0.07%
    Ireland - Fixed Income0.07%
    United Kingdom - Equity0.00%
    Invalid Country - Fixed Income0.00%
    Germany - Fixed Income-5.36%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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