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

Allspring Global Investments Holdings LLC increased its stake in MFS Charter Income Trust (NYSE:MCR) by 0.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,651,429 shares of the financial services provider’s stock after acquiring an additional 5,343 shares during the period. Allspring Global Investments Holdings LLC’s holdings in MFS Charter Income Trust were worth $10,850,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atlas Private Wealth Advisors purchased a new stake in MFS Charter Income Trust during the 2nd quarter worth about $75,000. Valley Brook Capital Group Inc. increased its stake in shares of MFS Charter Income Trust by 58.5% during the first quarter. Valley Brook Capital Group Inc. now owns 22,350 shares of the financial services provider’s stock worth $142,000 after buying an additional 8,250 shares during the period. Concurrent Investment Advisors LLC raised its holdings in MFS Charter Income Trust by 107.4% in the second quarter. Concurrent Investment Advisors LLC now owns 38,347 shares of the financial services provider’s stock valued at $240,000 after acquiring an additional 19,861 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in MFS Charter Income Trust by 4.8% in the first quarter. Commonwealth Equity Services LLC now owns 164,456 shares of the financial services provider’s stock worth $1,043,000 after acquiring an additional 7,576 shares during the last quarter.

MFS Charter Income Trust Trading Down 0.3 %

NYSE MCR opened at $6.31 on Friday. MFS Charter Income Trust has a 52 week low of $5.67 and a 52 week high of $6.70. The firm has a 50 day moving average of $6.43 and a two-hundred day moving average of $6.33.

MFS Charter Income Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.0466 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.85%. This is an increase from MFS Charter Income Trust’s previous monthly dividend of $0.05.

About MFS Charter Income Trust

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.