MFS Charter Income Trust Overview
Pro stress-test →MFS Charter Income Trust is a closed-end investment fund listed on the NYSE under ticker MCR that seeks high current income. The fund was reorganized into Aberdeen Multi-Market Income Fund (MMT) on June 22, 2026, fundamentally changing its structure and management.
Strategic Profile
Pro stress-test →The fund primarily invests in debt instruments including corporate bonds, government securities, mortgage-backed securities, and other securitized instruments. Post-reorganization, the fund is transitioning to an average investment grade portfolio over approximately six months, marking a shift toward more conservative credit quality.
Competitive Landscape
Pro stress-test →Comparable closed-end income funds include BlackRock Muni Inc Quantity Trust (BYM), LMP Capital and Income Fund (SCD), Western Asset High Yield Opportunity Fund (HYI), and Allspring Multi-Sector Income Fund (ERC). The reorganization into Aberdeen Multi-Market Income Fund positions the fund within Aberdeen's broader closed-end fund platform.
Industry Context
MFS Charter Income Trust operates in Closed-end fixed-income funds.
Key facts
Founded: 1989 · Headquarters: Boston, US · Employees: N/A · Revenue: N/A · Market cap: $247.6M