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Mfs Charter Income Trust
I am not a stock trading expert, but I can provide you with some general information about the Closed End Fund you mentioned, Mackenzie Global Income & Growth Fund (MCR).
Mackenzie Global Income & Growth Fund is a closed-end investment company that seeks to provide a high level of current income and long-term growth of capital, primarily through investment in equity securities of both U.S. and foreign issuers. The fund may invest up to 25% of its total assets in foreign securities, including those of issuers in emerging markets.
Regarding its performance, as of October 31, 2021, the fund had a net asset value (NAV) of $11.36 per share, a decrease of 2.63% for the year-to-date period. The fund's total return for the same period was -0.61%, and its annualized distribution rate was 6.21%.
In terms of growth, it is important to note that a closed-end fund's NAV may not grow as consistently as other types of investments, such as stocks or ETFs, due to the fact that it issues a fixed number of shares and does not continuously create new ones as money flows in. As a result, the price of its shares is determined by supply and demand, which can cause it to trade at a discount or premium to its NAV.
Here is a summary of Mackenzie Global Income & Growth Fund financials:
* Net Asset Value (NAV) as of October 31, 2021: $11.36 per share
* Total Assets: $439.61 million
* Distribution Rate: 6.21%
* YTD Total Return: -0.61%
* YTD NAV Return: -2.63%
It is recommended to consult with a financial advisor or conduct further research before making any investment decisions.