International Assets Investment Management LLC Purchases 63,746 Shares of MFS Charter Income Trust (NYSE:MCR)

International Assets Investment Management LLC raised its position in shares of MFS Charter Income Trust (NYSE:MCR) by 546.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm 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.

A number of other large investors have also made changes to their positions in the company. Park Avenue Securities LLC purchased a new position in shares of MFS Charter Income Trust during the 3rd quarter valued at about $71,000. L.M. Kohn & Company lifted its position in shares of MFS Charter Income Trust by 9.5% during the 3rd quarter. L.M. Kohn & Company now owns 24,574 shares of the financial services provider’s stock valued at $144,000 after buying an additional 2,124 shares in the last quarter. Landscape Capital Management L.L.C. lifted 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 buying an additional 11,156 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of MFS Charter Income Trust by 3.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 67,022 shares of the financial services provider’s stock valued at $433,000 after buying an additional 2,500 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of MFS Charter Income Trust by 78.0% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 75,939 shares of the financial services provider’s stock valued at $444,000 after buying an additional 33,287 shares in the last quarter.

MFS Charter Income Trust Stock Down 0.2 %

MCR stock opened at $6.10 on Friday. The business’s 50-day moving average price is $6.25 and its 200-day moving average price is $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 firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 17th will be issued a $0.046 dividend. The ex-dividend date is Tuesday, April 16th. This is a boost from MFS Charter Income Trust’s previous monthly dividend of $0.05. This represents a $0.55 dividend on an annualized basis and a yield of 9.06%.

MFS Charter Income Trust 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.