MFS® Charter Income Trust

Fixed Income | MCR
$ 9.16
As of 01/19/18
$452M
As of 12/31/17

MFS® Charter Income Trust

Fixed Income
MCR
As of 01/19/18
As of 12/31/17
Fixed Income | MCR
$ 9.16
As of 01/19/18
$452M
As of 12/31/17
A multi-sector closed-end bond fund
INVESTMENT OBJECTIVE

Seeks high current income, but may also consider capital appreciation.

Fund Information

Fund Commencement
07/20/89
Net Assets ($ M)
As of 12/31/17
$452.58
Fiscal Year End
NOVEMBER
Net Asset Value (NAV)
As of 01/19/18
$9.16
Most Recent NAV Change
As of 01/19/18
0.11%
Market Price (MP)
As of 01/19/18
$8.37
Recent Market Price Change
As of 01/19/18
0.12%

Top 10 Holdings

As of 12/31/17
  • United States Treasury Note 0.750 OCT 31 18
  • Freddie Mac Multifamily Structured Pass Through Certificates 2.811% JAN 25 25
  • US Treasury Note 1.75% MAY 15 22
  • Italy Buoni Poliennali Del Tesoro 2.5% DEC 01 24
  • US Treasury Note 0.875% MAY 15 19
  • Japan Government Twenty Year Bond 2.2% SEP 20 27
  • US Treasury Note 2.25% NOV 15 25
  • GB Govt Bond 10Yr Future MAR 27 18
  • Japan Government Thirty Year Bond 2.4% MAR 20 37
  • UST Bond 10Yr Future MAR 20 18*
MANAGERS

Important Risk Considerations

The fund may not achieve its objective and/or you could lose money on your investment in the fund.

Investments in debt instruments may decline in value as the result of declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore the Fund's share price may decline during rising rates. Funds that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.

Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.

Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.

The market price of common shares of the fund will be based on factors such as the supply and demand for common shares in the market and general market, economic, political or regulatory conditions. Whether shareholders will realize gains or losses upon the sale of common shares of the fund will depend on the market price of common shares at the time of the sale, not on the fund's net asset value. The market price may be lower or higher than the fund's net asset value. Shares of closed-end funds frequently trade at a discount or premium to their net asset value.

Leverage involves investment exposure in an amount exceeding the initial investment. Leverage can cause increased volatility by magnifying gains or losses.

Performance

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Average Annual Total Returns %

Average Annual Total Returns %

As of 12/31/17 (*YTD Updated Monthly, As of 12/31/17 , subject to revision and not annualized.)

    Performance data shown represents past performance and is no guarantee of future results. At the time of sale, shares may have a market price that is above or below net asset value, and may be worth more or less than the original cost; current performance may be lower or higher than quoted. All results are historical and assume the reinvestment of dividends and capital gains.

    The performance shown is attributable in part to unusual market conditions. These conditions may not be repeated in the future.
    OVERALL
    Out Of Funds
    NA
    OVERALL MORNINGSTAR RATING
    NA
    THREE YEAR
    Out Of Funds
    NA
    FIVE YEAR
    Out Of Funds
    NA
    TEN YEAR
    Out Of Funds
    NA

    Important Performance Information

    The fund has adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level. You should not draw any conclusions about the fund's investment performance from the amount of the fund's distributions or from the terms of the fund's managed distribution plan. The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders. The amendment or termination of a plan could have an adverse effect on the market price of the fund's common shares. The plan will be subject to periodic review by the Board. With each distribution that does not consist solely of net investment income, the fund will issue a notice to shareholders and an accompanying press release which will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the fund's investment experience during its full fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. The fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the fund is paid back to them. A return of capital does not necessarily reflect a fund's investment performance and should not be confused with 'yield' or 'income'. Any such returns of capital will decrease the fund's total assets and, therefore, could have the effect of increasing the fund's expense ratio. In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time. For estimated source information for distributions paid in prior periods, please see Dividend Source Information

    Annual Rate of Return %
    Pricing & Distributions