MFS Charter Income Trust (NYSE:MCR) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its stake in shares of MFS Charter Income Trust (NYSE:MCR) by 9.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,598,128 shares of the financial services provider’s stock after selling 175,319 shares during the period. Allspring Global Investments Holdings LLC’s holdings in MFS Charter Income Trust were worth $10,020,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new stake in MFS Charter Income Trust during the 1st quarter valued at $71,000. Bank of America Corp DE raised its stake in MFS Charter Income Trust by 3.7% during the 4th quarter. Bank of America Corp DE now owns 291,727 shares of the financial services provider’s stock valued at $1,861,000 after purchasing an additional 10,417 shares during the period. Jane Street Group LLC acquired a new stake in MFS Charter Income Trust during the 4th quarter valued at $79,000. Raymond James Financial Inc. acquired a new stake in MFS Charter Income Trust during the 4th quarter valued at $776,000. Finally, Citadel Advisors LLC acquired a new stake in MFS Charter Income Trust during the 4th quarter valued at $82,000.

MFS Charter Income Trust Stock Up 0.2%

NYSE MCR opened at $6.38 on Friday. MFS Charter Income Trust has a 1-year low of $5.57 and a 1-year high of $6.58. The firm’s fifty day simple moving average is $6.28 and its 200-day simple moving average is $6.27.

MFS Charter Income Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be paid a $0.0446 dividend. The ex-dividend date is Tuesday, July 15th. This is an increase from MFS Charter Income Trust’s previous monthly dividend of $0.04. This represents a $0.53 dividend on an annualized basis and a dividend yield of 8.38%.

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.