MFS Charter Income Trust Files Annual Proxy Statement

Ticker: MCR · Form: DEF 14A · Filed: Aug 23, 2024 · CIK: 851170

Mfs Charter Income Trust DEF 14A Filing Summary
FieldDetail
CompanyMfs Charter Income Trust (MCR)
Form TypeDEF 14A
Filed DateAug 23, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$33,065
Sentimentneutral

Sentiment: neutral

Topics: proxy-statement, corporate-governance, executive-compensation

TL;DR

MFS Charter Income Trust dropped its DEF 14A, detailing exec pay & board info for the Oct 3 meeting.

AI Summary

MFS Charter Income Trust (CIK: 0000851170) filed a DEF 14A on August 23, 2024, for the period ending October 3, 2024. The filing details executive compensation, board of directors, and other corporate governance matters for the fiscal year ending November 30. The company is headquartered at 111 Huntington Avenue, Boston, MA.

Why It Matters

This filing provides shareholders with crucial information regarding the company's leadership, compensation practices, and voting matters, enabling informed decisions at the upcoming shareholder meeting.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that discloses corporate governance and executive compensation information, not typically indicative of immediate financial risk.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by a company to solicit shareholder votes on important corporate matters, such as the election of directors, executive compensation, and other proposals.

Who is the primary filer in this document?

The primary filer is MFS Charter Income Trust, with Central Index Key 0000851170.

What is the business address of MFS Charter Income Trust?

The business address is 111 Huntington Avenue, 24th Floor, Boston, MA 02199.

When is the conformed period of report for this filing?

The conformed period of report is 20241003.

What other MFS entities are mentioned in the filing details?

The filing also mentions MFS Multimarket Income Trust (CIK: 0000809173) and MFS High Yield Municipal Trust (CIK: 0000809844), along with their former company names and name change dates.

Filing Stats: 4,600 words · 18 min read · ~15 pages · Grade level 11.7 · Accepted 2024-08-23 10:54:24

Key Financial Figures

Filing Documents

To

ITEM 1. To elect Trustees to the Board of Trustees of each Trust as outlined below: a. for each of MFS Charter Income Trust, MFS Government Markets Income Trust, MFS Intermediate High Income Fund, MFS Intermediate Income Trust, and MFS Multimarket Income Trust: i. three Trustees, John A. Caroselli, James W. Kilman, Jr., and Clarence Otis, Jr., to be elected by common shareholders of each Trust; and b. for each of MFS High Income Municipal Trust, MFS High Yield Municipal Trust, MFS Investment Grade Municipal Trust, and MFS Municipal Income Trust: i. three Trustees, John A. Caroselli, James W. Kilman, Jr., and Clarence Otis, Jr., to be elected by common and preferred shareholders of each Trust, voting together as a single class; and ii. two Trustees, John P. Kavanaugh and Laurie J. Thomsen, to be elected by preferred shareholders only, voting as a separate class; and

To

ITEM 2. To transact such other business as may properly come before the Meeting and any adjournment(s) or postponement(s) thereof. This notice and the related proxy materials are being mailed to Shareholders on or about August 23, 2024. THE TRUSTEES OF YOUR TRUST RECOMMEND THAT YOU VOTE IN FAVOR OF ITEM 1. It is anticipated that each Trust will hold its Meeting simultaneously with each other Trust. Shareholders of each Trust will vote separately on each item. Only a Trust's shareholders of record as of the close of business on July 31, 2024, will be entitled to receive notice of and to vote at that Trust's Meeting or any adjournment(s) or postponement(s) thereof. By order of the Board of Trustees, CHRISTOPHER R. BOHANE Assistant Secretary and Assistant Clerk August 23, 2024 YOUR VOTE IS IMPORTANT. WE WOULD APPRECIATE YOU PROMPTLY VOTING, SIGNING AND RETURNING THE ENCLOSED PROXY SO THAT IT IS RECEIVED BY THE DATE OF THE MEETING OR RECORDING YOUR VOTING INSTRUCTIONS BY TELEPHONE OR VIA THE INTERNET BY 10:00 A.M., EASTERN TIME, ON THE DATE OF THE MEETING, WHICH WILL HELP AVOID THE ADDITIONAL EXPENSE OF A SECOND SOLICITATION FOR EACH TRUST. THE ENCLOSED ADDRESSED ENVELOPE REQUIRES NO POSTAGE AND IS PROVIDED FOR YOUR CONVENIENCE. MFS CHARTER INCOME TRUST MFS GOVERNMENT MARKETS INCOME TRUST MFS HIGH INCOME MUNICIPAL TRUST MFS HIGH YIELD MUNICIPAL TRUST MFS INTERMEDIATE HIGH INCOME FUND MFS INTERMEDIATE INCOME TRUST MFS INVESTMENT GRADE MUNICIPAL TRUST MFS MULTIMARKET INCOME TRUST MFS MUNICIPAL INCOME TRUST Proxy Statement This Proxy Statement is furnished in connection with the solicitation of proxies by and on behalf of the Board of Trustees of MFS Charter Income Trust, MFS Government Markets Income Trust, MFS High Income Municipal Trust, MFS High Yield Municipal Trust, MFS Intermediate High Income Fund, MFS Intermediate Income Trust, MFS Investment Grade Municipal Trust, MFS Multimarket Income Trust, and MFS Municipal Income Trust, (e

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on Read The Filing