Allspring Global Investments Holdings LLC Acquires 25,000 Shares of MFS Charter Income Trust (NYSE:MCR)

Allspring Global Investments Holdings LLC increased its stake in MFS Charter Income Trust (NYSE:MCR) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,062,968 shares of the financial services provider’s stock after purchasing an additional 25,000 shares during the period. Allspring Global Investments Holdings LLC’s holdings in MFS Charter Income Trust were worth $6,867,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Commonwealth Equity Services LLC grew its stake in MFS Charter Income Trust by 1.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 152,688 shares of the financial services provider’s stock worth $960,000 after buying an additional 1,817 shares in the last quarter. Royal Bank of Canada grew its position in MFS Charter Income Trust by 5.5% in the third quarter. Royal Bank of Canada now owns 38,303 shares of the financial services provider’s stock worth $228,000 after acquiring an additional 1,998 shares in the last quarter. LPL Financial LLC increased its stake in MFS Charter Income Trust by 0.7% in the first quarter. LPL Financial LLC now owns 281,686 shares of the financial services provider’s stock valued at $1,772,000 after acquiring an additional 2,082 shares during the last quarter. L.M. Kohn & Company increased its stake in 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 valued at $144,000 after acquiring an additional 2,124 shares during the last quarter. Finally, Stifel Financial Corp raised its position in MFS Charter Income Trust by 2.0% during the second quarter. Stifel Financial Corp now owns 121,471 shares of the financial services provider’s stock valued at $766,000 after purchasing an additional 2,371 shares in the last quarter.

MFS Charter Income Trust Stock Up 0.5 %

Shares of MCR stock opened at $6.06 on Thursday. The business has a 50-day moving average price of $6.29 and a two-hundred day moving average price of $6.21. MFS Charter Income Trust has a 12-month low of $5.63 and a 12-month high of $6.70.

MFS Charter Income Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 17th will be given a $0.046 dividend. This is an increase from MFS Charter Income Trust’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Tuesday, April 16th. This represents a $0.55 dividend on an annualized basis and a yield of 9.10%.

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.