MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds

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MFS Investment Management (MFS) released today the distribution income sources for six of its closed-end funds for February 2019: MFS Charter Income Trust (NYSE: MCR), MFS Government Markets Income Trust (NYSE: MGF), MFS Intermediate High Income Fund (NYSE: CIF), MFS Intermediate Income Trust (NYSE: MIN), MFS Multimarket Income Trust (NYSE: MMT) and MFS Special Value Trust (NYSE: MFV). This information also can be obtained by visiting MFS.com by clicking on Products & Strategies > Closed End Funds > Dividend Source Information.

MFS Charter Income Trust Distribution period: February 2019 Distribution amount per share: $ 0.05686

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The funds fiscal year begins each December 1st. All amounts are expressed per common share.

     

Total cumulative distributions for the fiscal year to date

 

% Breakdown of the total cumulative distributions for the fiscal year to date

Current distribution

% Breakdown of current distribution

Net Investment Income $ 0.02998 53% $ 0.09026 53%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.02688   47%   0.07930   47%
Total (per common share) $ 0.05686 100% $ 0.16956 100%
 
Average annual total return (in relation to NAV) for the five years ended 1-31-2019

 

5.39%

Annualized current distribution rate expressed as a percentage of month end NAV as of 1-31-2019

 

7.89%

Cumulative total return (in relation to NAV) for the fiscal year through 1-31-2019

 

4.01%

Cumulative fiscal year distributions as a percentage of NAV as of 1-31-2019

 

1.96%

MFS Government Markets Income Trust Distribution period: February 2019 Distribution amount per share: $ 0.02838

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The funds fiscal year begins each December 1st. All amounts are expressed per common share.

     

Total cumulative distributions for the fiscal year to date

 

% Breakdown of the total cumulative distributions for the fiscal year to date

Current distribution

% Breakdown of current distribution

Net Investment Income $ 0.00986 35% $ 0.02821 33%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.01852   65%   0.05649   67%
Total (per common share) $ 0.02838 100% $ 0.08470 100%
 
Average annual total return (in relation to NAV) for the five years ended 1-31-2019

 

2.25%

Annualized current distribution rate expressed as a percentage of month end NAV as of 1-31-2019

 

7.22%

Cumulative total return (in relation to NAV) for the fiscal year through 1-31-2019

 

2.78%

Cumulative fiscal year distributions as a percentage of NAV as of 1-31-2019

 

1.79%

MFS Intermediate High Income Fund Distribution period: February 2019 Distribution amount per share: $ 0.01948

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The funds fiscal year begins each December 1st. All amounts are expressed per common share.

     

Total cumulative distributions for the fiscal year to date

 

% Breakdown of the total cumulative distributions for the fiscal year to date

Current distribution

% Breakdown of current distribution

Net Investment Income $ 0.00985 51% $ 0.03269 56%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.00963   49%   0.02563   44%
Total (per common share) $ 0.01948 100% $ 0.05832 100%
 
Average annual total return (in relation to NAV) for the five years ended 1-31-2019

 

5.14%

Annualized current distribution rate expressed as a percentage of month end NAV as of 1-31-2019

 

9.31%

Cumulative total return (in relation to NAV) for the fiscal year through 1-31-2019

 

3.79%

Cumulative fiscal year distributions as a percentage of NAV as of 1-31-2019

 

2.32%

MFS Intermediate Income Trust Distribution period: February 2019 Distribution amount per share: $ 0.02851

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The funds fiscal year begins each November 1st. All amounts are expressed per common share.

     

Total cumulative distributions for the fiscal year to date

 

% Breakdown of the total cumulative distributions for the fiscal year to date

Current distribution

% Breakdown of current distribution

Net Investment Income $ 0.00874 31% $ 0.03484 31%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.01977   69%   0.07931   69%
Total (per common share) $ 0.02851 100% $ 0.11415 100%
 
Average annual total return (in relation to NAV) for the five years ended 1-31-2019

 

2.48%

Annualized current distribution rate expressed as a percentage of month end NAV as of 1-31-2019

 

8.45%

Cumulative total return (in relation to NAV) for the fiscal year through 1-31-2019

 

2.84%

Cumulative fiscal year distributions as a percentage of NAV as of 1-31-2019

 

2.82%

MFS Multimarket Income Trust Distribution period: February 2019 Distribution amount per share: $ 0.04022

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The funds fiscal year begins each November 1st. All amounts are expressed per common share.

     

Total cumulative distributions for the fiscal year to date

 

% Breakdown of the total cumulative distributions for the fiscal year to date

Current distribution

% Breakdown of current distribution

Net Investment Income $ 0.02298 57% $ 0.09175 57%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.01724   43%   0.06919   43%
Total (per common share) $ 0.04022 100% $ 0.16094 100%
 
Average annual total return (in relation to NAV) for the five years ended 1-31-2019

 

5.09%

Annualized current distribution rate expressed as a percentage of month end NAV as of 1-31-2019

 

7.87%

Cumulative total return (in relation to NAV) for the fiscal year through 1-31-2019

 

3.41%

Cumulative fiscal year distributions as a percentage of NAV as of 1-31-2019

 

2.63%

MFS Special Value Trust Distribution period: February 2019 Distribution amount per share: $ 0.04376

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The funds fiscal year begins each November 1st. All amounts are expressed per common share.

     

Total cumulative distributions for the fiscal year to date

 

% Breakdown of the total cumulative distributions for the fiscal year to date

% Breakdown of current distribution

Current distribution

Net Investment Income $ 0.01096 25% $ 0.05012 28%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.03280   75%   0.12833   72%
Total (per common share) $ 0.04376 100% $ 0.17845 100%
 
Average annual total return (in relation to NAV) for the five years ended 1-31-2019

5.15%

Annualized current distribution rate expressed as a percentage of month end NAV as of 1-31-2019

9.78%

Cumulative total return (in relation to NAV) for the fiscal year through 1-31-2019

1.44%

Cumulative fiscal year distributions as a percentage of NAV as of 1-31-2019

3.32%

The above funds have adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level. Investors should not draw any conclusions about the funds investment performance from the amount of the funds distributions or from the terms of the funds managed distribution plan.

The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund’s shareholders. The amendment or termination of a plan could have an adverse effect on the market price of the funds common shares. The plan will be subject to periodic review by the Board. With each distribution that does not consist solely of net investment income, the fund will issue a notice to shareholders and an accompanying press release which will provide detailed information regarding the amount and estimated composition of the distribution and other related information.

The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the funds investment experience during its full fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. The fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the fund is paid back to them. A return of capital does not necessarily reflect a funds investment performance and should not be confused with ˜yield or ˜income. Any such returns of capital will decrease the fund’s total assets and, therefore, could have the effect of increasing the fund’s expense ratio. In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time.

About MFS Investment Management Established in 1924, MFS is an active, global asset manager with investment offices in Boston, Hong Kong, London, Mexico City, S£o 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 January 31, 2019, MFS manages US $452.6 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information.

The Funds are closed-end Funds. Common shares of the Funds are only available for purchase/sale on the NYSE at the current market price (NYSE-MKT for MFS California Municipal Fund). Shares may trade at a discount to NAV.

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15668.125

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