John Kavanaugh - MFS Charter Independent Chairman of the Board of Trustees
| MCR Stock | USD 6.24 0.04 0.65% |
Chairman
Mr. John P. Kavanaugh is an Independent Trustee of MFS Charter Income Trust. Mr. Kavanaugh has substantial executive, investment management, and board experience at firms within the investment management and mutual fund industry. He was the Chief Investment Officer of The Hanover Insurance Group, Inc., and the President and Chairman of Opus Investment Management, Inc., an investment adviser. Mr. Kavanaugh held research and portfolio management positions with Allmerica Financial and PruCapital, Inc. He is a Chartered Financial Analyst and currently serves on the board of the Independent Directors Council, a unit of the Investment Company Institute which serves the mutual fund independent director community. since 2017.
| Age | 65 |
| Tenure | 7 years |
| Address | 111 Huntington Avenue, Boston, MA, United States, 02199 |
| Phone | 617 954 5000 |
| Web | https://www.mfs.com/en-us/individual-investor/prod |
John Kavanaugh Latest Insider Activity
Tracking and analyzing the buying and selling activities of John Kavanaugh against MFS Charter stock is an integral part of due diligence when investing in MFS Charter. John Kavanaugh insider activity provides valuable insight into whether MFS Charter is net buyers or sellers over its current business cycle. Note, MFS Charter insiders must abide by specific rules, including filing SEC forms every time they buy or sell MFS Charter'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
John Kavanaugh over two months ago Insider Trading |
MFS Charter Management Efficiency
The company has Return on Asset of 0.0324 % which means that on every $100 spent on assets, it made $0.0324 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0785 %, implying that it generated $0.0785 on every 100 dollars invested. MFS Charter's management efficiency ratios could be used to measure how well MFS Charter manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.04. At this time, MFS Charter's Total Assets are relatively stable compared to the past year. As of 11/22/2024, Net Tangible Assets is likely to grow to about 354.6 M, while Non Currrent Assets Other are likely to drop (357.1 M).Similar Executives
| Found 9 records | CHAIRMAN Age | ||
| William Park | Eaton Vance National | 74 | |
| Hassell McClellan | John Hancock Income | 75 | |
| Karen Robards | Blackrock Muniyield Quality | 71 | |
| Richard Cavanagh | Blackrock Muniyield Quality | 74 | |
| David Vitale | DTF Tax Free | 74 | |
| Richard Cavanagh | Blackrock Muniyield Quality | 75 | |
| Steven Pruchansky | John Hancock Income | 76 | |
| Karen Robards | Blackrock Muniyield Quality | 70 | |
| Eileen Moran | DTF Tax Free | 66 | |
Management Performance
| Return On Equity | 0.0785 | ||||
| Return On Asset | 0.0324 |
MFS Charter Income Leadership Team
Elected by the shareholders, the MFS Charter's board of directors comprises two types of representatives: MFS Charter inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MFS. The board's role is to monitor MFS Charter's management team and ensure that shareholders' interests are well served. MFS Charter's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MFS Charter's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Kilman, Independent Trustee | ||
| Amanda Mooradian, Assistant Secretary, Assistant Clerk | ||
| CFA CFA, Portfolio Manager | ||
| Susan Pereira, Assistant Secretary, Assistant Clerk | ||
| Laurie Thomsen, Independent Trustee | ||
| John Kavanaugh, Independent Chairman of the Board of Trustees | ||
| Robert Manning, Trustee | ||
| Maryanne Roepke, Independent Trustee | ||
| Clarence Otis, Independent Trustee | ||
| Christopher Bohane, Assistant Secretary and Assistant Clerk | ||
| Matthew Stowe, Assistant Secretary and Assistant Clerk | ||
| Peter Jones, Independent Trustee | ||
| Ethan Corey, Assistant Secretary, Assistant Clerk | ||
| James Yost, Deputy Treasurer | ||
| Steven Buller, Independent Trustee | ||
| Matthew CFA, Portfolio Mang | ||
| Frank Tarantino, Independent Chief Compliance Officer | ||
| Thomas Connors, Assistant Secretary, Assistant Clerk | ||
| David DiLorenzo, Treasurer | ||
| Brian Langenfeld, Assistant Secretary, Assistant Clerk | ||
| Maureen Goldfarb, Independent Trustee | ||
| Heidi Hardin, Secretary and Clerk | ||
| Kasey Philips, Assistant Treasurer | ||
| Kasey Phillips, Assistant Treasurer | ||
| Robin Stelmach, Pres and Interested Trustee | ||
| John Clark, Assistant Treasurer | ||
| Richard Weitzel, Assistant Secretary, Assistant Clerk | ||
| Kino Clark, Assistant Treasurer | ||
| Martin Wolin, Chief Compliance Officer | ||
| John Caroselli, Independent Trustee |
MFS Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MFS Charter a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0785 | ||||
| Return On Asset | 0.0324 | ||||
| Profit Margin | 1.01 % | ||||
| Operating Margin | 0.90 % | ||||
| Current Valuation | 357.16 M | ||||
| Shares Outstanding | 42.01 M | ||||
| Shares Owned By Institutions | 35.99 % | ||||
| Number Of Shares Shorted | 35.36 K | ||||
| Price To Earning | 10.73 X | ||||
| Price To Book | 0.92 X |
Pair Trading with MFS Charter
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MFS Charter position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MFS Charter will appreciate offsetting losses from the drop in the long position's value.Moving against MFS Stock
| 0.43 | LC | LendingClub Corp | PairCorr |
| 0.4 | V | Visa Class A | PairCorr |
| 0.38 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.32 | DIST | Distoken Acquisition | PairCorr |
| 0.31 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
The ability to find closely correlated positions to MFS Charter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS Charter when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MFS Charter - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MFS Charter Income to buy it.
The correlation of MFS Charter is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MFS Charter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Charter Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MFS Charter can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for MFS Stock Analysis
When running MFS Charter's price analysis, check to measure MFS Charter's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFS Charter is operating at the current time. Most of MFS Charter's value examination focuses on studying past and present price action to predict the probability of MFS Charter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Charter's price. Additionally, you may evaluate how the addition of MFS Charter to your portfolios can decrease your overall portfolio volatility.