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. or foreign issue… Read more
MFS Charter Income Trust (MCR) - Net Assets
Latest net assets as of November 2025: $281.36 Million USD
Based on the latest financial reports, MFS Charter Income Trust (MCR) has net assets worth $281.36 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($379.06 Million) and total liabilities ($97.71 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $281.36 Million |
| % of Total Assets | 74.22% |
| Annual Growth Rate | -3.3% |
| 5-Year Change | -23.75% |
| 10-Year Change | -41.13% |
| Growth Volatility | 11.74 |
MFS Charter Income Trust - Net Assets Trend (2006–2025)
This chart illustrates how MFS Charter Income Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MFS Charter Income Trust (2006–2025)
The table below shows the annual net assets of MFS Charter Income Trust from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $281.36 Million | -1.81% |
| 2024-11-30 | $286.55 Million | +1.09% |
| 2023-11-30 | $283.47 Million | -5.69% |
| 2022-11-30 | $300.58 Million | -18.54% |
| 2021-11-30 | $368.97 Million | -6.48% |
| 2020-11-30 | $394.54 Million | -2.16% |
| 2019-11-30 | $403.25 Million | +1.71% |
| 2018-11-30 | $396.45 Million | -13.17% |
| 2017-11-30 | $456.59 Million | -4.46% |
| 2016-11-30 | $477.90 Million | -1.29% |
| 2015-11-30 | $484.17 Million | -11.76% |
| 2014-11-30 | $548.69 Million | -1.76% |
| 2013-11-30 | $558.49 Million | -3.62% |
| 2012-11-30 | $579.46 Million | +35.30% |
| 2008-11-30 | $428.29 Million | -18.77% |
| 2007-11-30 | $527.27 Million | -1.04% |
| 2006-11-30 | $532.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MFS Charter Income Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 359271200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $330.00 Million | 117.29% |
| Total Equity | $281.36 Million | 100.00% |
MFS Charter Income Trust Competitors by Market Cap
The table below lists competitors of MFS Charter Income Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eclipsys Corp
OTCQB:ECLP
|
$54.36K |
|
Edri-El
TA:EDRL
|
$54.38K |
|
Liberty Northwest Bancorp Inc.
OTCQX:LBNW
|
$54.38K |
|
TRANSOCEAN N
MU:TOJ
|
$54.41K |
|
AMG Acquisition Corp
V:AMG-P
|
$54.31K |
|
BLOOBER TEAM ZY-01
F:6BO
|
$54.29K |
|
XTC Lithium Limited
AU:XTC
|
$54.27K |
|
YIRG
MC:YIRG
|
$54.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MFS Charter Income Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 286,552,328 to 281,355,446, a change of -5,196,882 (-1.8%).
- Net income of 17,557,612 contributed positively to equity growth.
- Dividend payments of 22,469,320 reduced retained earnings.
- Share repurchases of 293,044 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.56 Million | +6.24% |
| Dividends Paid | $22.47 Million | -7.99% |
| Share Repurchases | $293.04K | -0.1% |
| Other Changes | $7.87K | +0.0% |
| Total Change | $- | -1.81% |
Book Value vs Market Value Analysis
This analysis compares MFS Charter Income Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.58x to 0.89x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-11-30 | $10.40 | $6.03 | x |
| 2013-11-30 | $10.17 | $6.03 | x |
| 2014-11-30 | $10.17 | $6.03 | x |
| 2015-11-30 | $9.20 | $6.03 | x |
| 2016-11-30 | $9.26 | $6.03 | x |
| 2017-11-30 | $9.14 | $6.03 | x |
| 2018-11-30 | $8.11 | $6.03 | x |
| 2019-11-30 | $8.75 | $6.03 | x |
| 2020-11-30 | $8.90 | $6.03 | x |
| 2021-11-30 | $8.64 | $6.03 | x |
| 2022-11-30 | $6.88 | $6.03 | x |
| 2023-11-30 | $6.54 | $6.03 | x |
| 2024-11-30 | $6.89 | $6.03 | x |
| 2025-11-30 | $6.75 | $6.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MFS Charter Income Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 89.25%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.35x
- Recent ROE (6.24%) is above the historical average (3.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 5.53% | 78.00% | 0.07x | 1.03x | $-23.81 Million |
| 2007 | 3.98% | 59.14% | 0.07x | 1.00x | $-31.75 Million |
| 2008 | -16.05% | -229.06% | 0.07x | 1.01x | $-111.57 Million |
| 2012 | 14.00% | 202.99% | 0.06x | 1.20x | $22.84 Million |
| 2013 | 3.83% | 58.53% | 0.05x | 1.20x | $-34.40 Million |
| 2014 | 5.58% | 91.99% | 0.05x | 1.20x | $-24.24 Million |
| 2015 | -2.09% | -32.90% | 0.05x | 1.21x | $-58.51 Million |
| 2016 | 8.42% | 139.82% | 0.05x | 1.22x | $-7.54 Million |
| 2017 | 7.88% | 98.13% | 0.07x | 1.23x | $-9.69 Million |
| 2018 | -1.85% | 0.00% | -0.01x | 1.27x | $-46.98 Million |
| 2019 | 13.25% | 98.88% | 0.11x | 1.27x | $13.12 Million |
| 2020 | 7.08% | 97.90% | 0.06x | 1.29x | $-11.50 Million |
| 2021 | 1.04% | 86.69% | 0.01x | 1.29x | $-33.05 Million |
| 2022 | -12.93% | 0.00% | -0.09x | 1.38x | $-68.92 Million |
| 2023 | 5.81% | 96.96% | 0.04x | 1.36x | $-11.88 Million |
| 2024 | 10.45% | 216.86% | 0.04x | 1.34x | $1.29 Million |
| 2025 | 6.24% | 89.25% | 0.05x | 1.35x | $-10.58 Million |
Industry Comparison
This section compares MFS Charter Income Trust's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $351,111,792
- Average return on equity (ROE) among peers: 0.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MFS Charter Income Trust (MCR) | $281.36 Million | 5.53% | 0.35x | $54.32K |
| Aberdeen International Inc (AABVF) | $214.75K | -122.83% | 0.39x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $1.37 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.38 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $913.08 Million | 4.10% | 0.03x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $788.86 Million | 18.29% | 0.62x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $190.80 Million | 139.32% | 0.02x | $73.68K |
| AGF Management Limited (AGFMF) | $908.07 Million | 4.67% | 0.50x | $298.43 Million |
| Agronomics Limited (AGNMF) | $157.27 Million | -6.99% | 0.00x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $2.71 Million |