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

Allspring Global Investments Holdings LLC grew its stake in shares of MFS Charter Income Trust (NYSE:MCR) by 7.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,773,447 shares of the financial services provider’s stock after acquiring an additional 122,018 shares during the period. Allspring Global Investments Holdings LLC’s holdings in MFS Charter Income Trust were worth $11,315,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in MCR. Concurrent Investment Advisors LLC grew its stake in MFS Charter Income Trust by 6.1% in the third 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. Ashton Thomas Securities LLC raised its position 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 valued at $294,000 after acquiring an additional 3,000 shares in the last quarter. Valley Brook Capital Group Inc. lifted its stake in MFS Charter Income Trust by 15.8% during the third quarter. Valley Brook Capital Group Inc. now owns 25,922 shares of the financial services provider’s stock worth $170,000 after purchasing an additional 3,543 shares during the last quarter. Larson Financial Group LLC boosted its holdings in MFS Charter Income Trust by 233.2% in the third quarter. Larson Financial Group LLC now owns 6,330 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 4,430 shares during the period. Finally, L.M. Kohn & Company increased its stake in MFS Charter Income Trust by 27.6% during the third quarter. L.M. Kohn & Company now owns 38,215 shares of the financial services provider’s stock valued at $251,000 after purchasing an additional 8,261 shares during the last quarter.

MFS Charter Income Trust Stock Performance

MFS Charter Income Trust stock opened at $6.45 on Tuesday. MFS Charter Income Trust has a 1 year low of $6.01 and a 1 year high of $6.58. The firm’s 50-day moving average is $6.33 and its 200-day moving average is $6.36.

MFS Charter Income Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a $0.0449 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.54 dividend on an annualized basis and a yield of 8.36%.

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.