MFS Investment Management® (MFS®) is announcing an addition to the
portfolio management team of MFS Charter Income Trust (NYSE: MCR) ("the
Fund"), a closed end fund. Effective October 31, 2015, Robert Spector,
CFA, will join the team as a portfolio manager.
The Fund, which has an investment objective to seek high current income,
but may also consider capital appreciation, will maintain its investment
objective and strategy.
Spector is an investment officer with MFS and is a global debt
instruments portfolio manager for the Fund. Spector joined MFS in 2011
and was a portfolio manager and chief economist of McLean Budden from
March 2005 to September 2011.
About MFS Investment Management
Established in 1924, MFS is an active, global asset manager with
investment offices in Boston, Hong Kong, London, Mexico City, São Paulo,
Singapore, Sydney, Tokyo and Toronto. We employ a uniquely collaborative
approach to build better insights for our clients. Our investment
approach has three core elements: integrated research, global
collaboration and active risk management. As of August 31, 2015, MFS
manages US$418.4 billion in assets on behalf of individual and
institutional investors worldwide. Please visit mfs.com for more
Statements made in this release that look forward in time involve
risks and uncertainties and are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
risks and uncertainties include, without limitation, the adverse effect
from a decline in the securities markets or a decline in a Fund’s
performance, a general downturn in the economy, competition from other
closed-end investment companies, changes in government policy or
regulation, inability of a Fund’s investment adviser to attract or
retain key employees, inability of a Fund to implement its investment
strategy, inability of a Fund to manage rapid expansion and unforeseen
costs and other effects related to legal proceedings or investigations
of governmental and self-regulatory organizations.
The fund is a closed-end investment product. Common shares of the
fund are only available for purchase/sale on the NYSE at the current
market price. Shares may trade at a discount to NAV.
MFS Investment Management
111 Huntington Ave, Boston, MA
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