Sit Investment Associates Inc. Acquires 557,205 Shares of MFS Charter Income Trust $MCR

Posted by Stanley Muller on Jun 12th, 2026

Sit Investment Associates Inc. raised its holdings in MFS Charter Income Trust (NYSE:MCR – Free Report) by 16.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,993,082 shares of the financial services provider’s stock after buying an additional 557,205 shares during the quarter. Sit Investment Associates Inc.’s holdings in MFS Charter Income Trust were worth $25,037,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Invesco Ltd. lifted its stake in shares of MFS Charter Income Trust by 1.4% in the third quarter. Invesco Ltd. now owns 524,967 shares of the financial services provider’s stock valued at $3,370,000 after buying an additional 7,093 shares in the last quarter. Pathstone Holdings LLC lifted its stake in shares of MFS Charter Income Trust by 15.0% in the third quarter. Pathstone Holdings LLC now owns 441,296 shares of the financial services provider’s stock valued at $2,833,000 after buying an additional 57,658 shares in the last quarter. Shaker Financial Services LLC lifted its stake in shares of MFS Charter Income Trust by 6.5% in the fourth quarter. Shaker Financial Services LLC now owns 400,838 shares of the financial services provider’s stock valued at $2,513,000 after buying an additional 24,526 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of MFS Charter Income Trust by 7.7% in the third quarter. Bank of America Corp DE now owns 360,634 shares of the financial services provider’s stock valued at $2,315,000 after buying an additional 25,787 shares in the last quarter. Finally, Riverbridge Partners LLC lifted its position in shares of MFS Charter Income Trust by 89.9% during the fourth quarter. Riverbridge Partners LLC now owns 193,336 shares of the financial services provider’s stock valued at $1,212,000 after purchasing an additional 91,541 shares in the last quarter.

MFS Charter Income Trust Stock Up 0.3%

MCR stock opened at $5.95 on Friday. The business has a 50 day moving average of $6.00 and a 200-day moving average of $6.15. MFS Charter Income Trust has a 12-month low of $5.84 and a 12-month high of $6.58.

MFS Charter Income Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.0437 per share. The ex-dividend date is Monday, June 8th. This represents a c) annualized dividend and a dividend yield of 8.8%.

MFS Charter Income Trust Profile

(Free Report)

MFS Charter Income Trust (NYSE: MCR) is a diversified, closed-end management investment company organized in 1987. As part of the MFS Investment Management family, the Trust seeks to provide its shareholders with high current income and preservation of capital. The fund’s shares trade on the New York Stock Exchange, offering investors access to a managed portfolio of income-oriented securities within a single, publicly listed vehicle.

The fund primarily invests in a broad mix of preferred stocks, convertible securities and high-yield corporate bonds.