MFS® Charter Income:MCR

    Manage Alerts

    Overview

    As of 10/23/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$8.23$8.74-5.84%
    52 Wk Avg$8.17$8.72-6.30%
    52 Wk High$8.77$9.09-1.47%
    52 Wk Low$5.49$7.42-24.28%
    Regular Distribution TypeManaged Distribution
    Distribution Rate8.54%
    Distribution Amount$0.0586
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to maximize current income and may also consider capital appreciation by investing mainly in investment grade fixed-income securities. The portfolio consists principally of non-US government bonds, investment grade corporate bonds, mortgage-backed securities, high yield corporate bonds, emerging markets bonds, US government securities and money market securities. The fund may increase investments in emerging market debt and tactically move from high-grade to higher yielding bonds.

    Capital Structure

    As of 10/23/2020

    Total Investment Exposure:$487.313M
    Total Common Assets:$387.313M
    Common Shares Outstanding:44,314,972
    Leverage

    As of 10/22/2020

    Preferred Share Assets:
    Total Debt (USD): $100.000M
    Regulatory Leverage (USD): $100.000M
    Effective Leverage (USD): $100.000M
    Effective Leverage (%): 20.52%
    Annual Expense Ratios

    As of 11/30/2019

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.40%
    Fund Management

    Fund Sponsor
    MFS

    Portfolio Managers
    David P. Cole, Robert Spector, Henry L. Peabody, Andy Li, Philipp S. Burgener, Michael Skatrud, Richard O. Hawkins, Matthew W. Ryan, John F. Addeo

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: MCR
    NAV Ticker: XMCRX
    Average Daily Volume (shares): 121,876
    Average Daily Volume (USD): $0.964M
    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 10/23/2020

    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 5/31/2020
    $0.1807
    Annualized Distribution Rate on NAV:
    As of 10/23/2020
    8.04%
    Total Return on NAV (12 months):
    As of 10/23/2020
    4.53%
    Avg. Portfolio Coupon:
    As of 10/23/2020
    4.55%
    Total % Portfolio Effectively Leveraged:
    As of 10/23/2020
    20.52%

    Pricing Information

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

    As of 10/23/2020

    PeriodAvg Discount
    6 Month-5.01%
    1 Year-6.30%
    3 Year-8.62%
    5 Year-9.03%
    Z-Score

    As of 10/23/2020

    PeriodZStat
    3 Month-0.70
    6 Month-0.56
    1 Year0.18
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2020
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD1.47%3.13%-8.44%-3.83%
    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%11.14%4.54%
    201011.41%12.40%19.84%18.51%
    200934.63%27.82%72.15%54.64%
    2008-3.85%-9.95%-39.79%-40.39%
    20071.55%4.53%  
    20065.52%4.65%  
    20053.40%3.98%  
    20046.43%6.36%  
    200312.64%11.08%  
    20026.52%7.74%  
    20015.74%4.82%  
    200017.63%5.69%  
    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 9/30/2020
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    AMT:
    As of 9/30/2020
    0.00%
    Average Coupon:
    As of 10/23/2020
    4.55%
    Average Maturity:
    As of 9/30/2020
    7.52 yrs
    Number of Holdings:
    As of 9/30/2020
    878
    Annual Portfolio Turnover:
    As of 11/30/2019
    94.00%
    Pre-Refunded:
    0.00%
    Average Bond Price:
    As of 9/30/2020
    $107.09
    Asset Allocation

    As of 9/30/2020 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2020 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)82.77%
    Corporate Bond81.46%
    Government25.38%
    Cash Equivalents (Super Sector)16.95%
    Cash Equivalents16.95%
    Securitized (Super Sector)9.20%
    Agency Mortgage Backed6.00%
    Government Commercial Mortgage Backed1.69%
    Asset Backed1.47%
    Convertible1.08%
    State Allocation

    As of 9/30/2020 reported by Fund Sponsor

    State% Portfolio
    Oklahoma0.17%
    Florida0.17%
    New Jersey0.16%
    Missouri0.16%
    Puerto Rico0.10%
    Michigan0.06%
    Top Holdings

    As of 9/30/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    United States Treasury Bonds 1.13%$13.45M3.48%
    Ultra US Treasury Bond Future Dec 20$9.76M2.53%
    US Treasury Bond Future Dec 20$6.87M1.78%
    Long Gilt Future Dec20$-7.20M-1.87%
    10 Year Japanese Government Bond Future Dec 20$-8.65M-2.24%
    5 Year Treasury Note Future Dec 20$-15.75M-4.08%
    Ust Bond 2yr Future Dec 31 20$-17.68M-4.58%
    Euro Bund Future Dec 20$-19.64M-5.09%
    Euro Bobl Future Dec 20$-37.88M-9.81%
    10 Year Treasury Note Future Dec 20$-50.23M-13.01%
    Credit Quality

    As of 9/30/2020 reported by Fund Sponsor

    Maturity Breakdown

    As of 9/30/2020 reported by Fund Sponsor

    Country Allocation

    As of 9/30/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income56.61%
    Others - Fixed Income11.16%
    Canada - Fixed Income3.50%
    United Kingdom - Fixed Income3.15%
    France - Fixed Income2.93%
    China - Fixed Income2.43%
    Italy - Fixed Income2.34%
    Ireland - Fixed Income1.64%
    Netherlands - Fixed Income1.61%
    Australia - Fixed Income1.41%
    New Zealand - Fixed Income0.98%
    Greece - Fixed Income0.95%
    Belgium - Fixed Income0.94%
    South Africa - Fixed Income0.82%
    Switzerland - Fixed Income0.80%
    Peru - Fixed Income0.67%
    Brazil - Fixed Income0.67%
    Sweden - Fixed Income0.67%
    Spain - Fixed Income0.66%
    Indonesia - Fixed Income0.66%
    Russia - Fixed Income0.60%
    Mexico - Fixed Income0.60%
    Colombia - Fixed Income0.57%
    Israel - Fixed Income0.43%
    Chile - Fixed Income0.39%
    India - Fixed Income0.36%
    Portugal - Fixed Income0.31%
    Thailand - Fixed Income0.30%
    Turkey - Fixed Income0.29%
    Vietnam - Fixed Income0.23%
    Estonia - Fixed Income0.23%
    Hungary - Fixed Income0.22%
    Austria - Fixed Income0.15%
    Czech Republic - Fixed Income0.14%
    Argentina - Fixed Income0.10%
    Singapore - Fixed Income0.06%
    Finland - Fixed Income0.06%
    Mexico - Equity0.05%
    Canada - Equity0.01%
    United States - Equity0.00%
    Norway - Fixed Income0.00%
    Invalid Country - Fixed Income0.00%
    Japan - Fixed Income-0.08%
    Germany - Fixed Income-14.20%

    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.

    EWB-1014244PR-E1119W