MFS Charter Income Trust (NYSE:MCR) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC trimmed its position in MFS Charter Income Trust (NYSE:MCR) by 84.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,675 shares of the financial services provider’s stock after selling 65,030 shares during the period. International Assets Investment Management LLC’s holdings in MFS Charter Income Trust were worth $74,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MCR. Larson Financial Group LLC lifted its holdings in shares of MFS Charter Income Trust by 233.2% in the 3rd quarter. Larson Financial Group LLC now owns 6,330 shares of the financial services provider’s stock valued at $42,000 after buying an additional 4,430 shares during the period. Valley Brook Capital Group Inc. lifted its holdings in MFS Charter Income Trust by 15.8% in the third quarter. Valley Brook Capital Group Inc. now owns 25,922 shares of the financial services provider’s stock valued at $170,000 after acquiring an additional 3,543 shares during the period. L.M. Kohn & Company boosted its position in shares of MFS Charter Income Trust by 27.6% during the 3rd quarter. L.M. Kohn & Company now owns 38,215 shares of the financial services provider’s stock worth $251,000 after purchasing an additional 8,261 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of MFS Charter Income Trust by 6.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 40,671 shares of the financial services provider’s stock worth $267,000 after purchasing an additional 2,324 shares in the last quarter. Finally, Ashton Thomas Securities LLC grew its stake in shares of MFS Charter Income Trust by 7.2% during the 3rd quarter. Ashton Thomas Securities LLC now owns 44,750 shares of the financial services provider’s stock worth $294,000 after purchasing an additional 3,000 shares during the period.

MFS Charter Income Trust Trading Up 0.2 %

Shares of NYSE MCR opened at $6.27 on Wednesday. MFS Charter Income Trust has a 52 week low of $6.01 and a 52 week high of $6.58. The firm has a 50-day moving average price of $6.29 and a 200 day moving average price of $6.36.

MFS Charter Income Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, January 14th will be given a dividend of $0.0454 per share. The ex-dividend date is Tuesday, January 14th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 8.69%.

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.