MFS Closed-End Funds Announce Special Shareholder Meetings Relating to Proposed Reorganizations and Proposed Appointment of Aberdeen Investments as Investment Adviser

Core Viewpoint - MFS Investment Management announced the reorganization of several Target Funds into the MFS Multimarket Income Trust, aimed at increasing scale, liquidity, and marketability, potentially reducing the discount to net asset value per share over time [1][3]. Reorganization Details - The reorganization involves MFS Charter Income Trust, MFS Government Markets Income Trust, MFS Intermediate High Income Fund, and MFS Intermediate Income Trust merging into the MFS Multimarket Income Trust [3]. - The reorganization is intended to allow shareholders to invest in a larger fund with the potential for a higher annual distribution rate, as the Target Funds and the Surviving Fund share similar investment objectives and policies [3]. Shareholder Approval Process - Shareholders of each Target Fund will vote on the reorganization at a special meeting scheduled for March 11, 2026, with a prospectus/proxy statement to be provided for additional information [4]. - The reorganization is contingent upon shareholder approval, and if approved, is expected to be completed in the second quarter of 2026 [4][10]. New Management and Governance - Aberdeen Investments has been appointed as the new investment adviser for the Surviving Fund, with a new investment management agreement to be approved by shareholders [7][10]. - Five new trustees have been nominated to serve on the board of the Surviving Fund, also subject to shareholder approval [7][10]. Aberdeen Investments Overview - Aberdeen Investments is one of the world's largest asset management firms, managing approximately $515 billion in assets as of September 30, 2025, and has extensive experience with closed-end funds [9].