MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds
26 September 2017 - 6:15AM
Business Wire
MFS Investment Management® (MFS®) released today the
distribution income sources for six of its closed-end funds for
September 2017: 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 & Performance >
Closed End Funds > Dividend Source Information.
MFS Charter Income
TrustDistribution period: September 2017Distribution
amount per share: $ 0.06240
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 fund’s
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 $ 0.03200 51% $ 0.33000 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 0.03040 49%
0.29485 47% Total (per common share) $ 0.06240 100% $
0.62485 100% Average annual total return (in relation to NAV) for
the five years ended 8-31-2017 6.11% Annualized
current distribution rate expressed as a percentage of month end
NAV as of 8-31-2017 7.99% Cumulative total return (in relation to
NAV) for the fiscal year through 8-31-2017 7.26% Cumulative fiscal
year distributions as a percentage of NAV as of 8-31-2017 6.67%
MFS Government Markets Income
TrustDistribution period: September 2017Distribution
amount per share: $ 0.03143
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 fund’s
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 $ 0.01135 36% $ 0.11632 36% 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 0.02008
64% 0.20252 64% Total (per common
share) $ 0.03143 100% $ 0.31884 100% Average annual total return
(in relation to NAV) for the five years ended 8-31-2017
1.90% Annualized current distribution rate expressed as a
percentage of month end NAV as of 8-31-2017 7.24% Cumulative total
return (in relation to NAV) for the fiscal year through 8-31-2017
3.14% Cumulative fiscal year distributions as a percentage of NAV
as of 8-31-2017 6.12%
MFS Intermediate High Income
FundDistribution period: September 2017Distribution
amount per share: $ 0.02240
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 fund’s
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 $ 0.01295 58% $ 0.13816 62% 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 0.00945
42% 0.08618 38% Total (per common
share) $ 0.02240 100% $ 0.22434 100% Average annual total return
(in relation to NAV) for the five years ended 8-31-2017
7.74% Annualized current distribution rate expressed as a
percentage of month end NAV as of 8-31-2017 9.50% Cumulative total
return (in relation to NAV) for the fiscal year through 8-31-2017
10.03% Cumulative fiscal year distributions as a percentage of NAV
as of 8-31-2017 7.93%
MFS Intermediate Income
TrustDistribution period: September 2017Distribution
amount per share: $ 0.03215
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 fund’s
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 $ 0.00759 24% $ 0.08764 24% 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 0.02456
76% 0.27410 76% Total (per common
share) $ 0.03215 100% $ 0.36174 100% Average annual total return
(in relation to NAV) for the five years ended 8-31-2017
2.70% Annualized current distribution rate expressed as a
percentage of month end NAV as of 8-31-2017 8.50% Cumulative total
return (in relation to NAV) for the fiscal year through 8-31-2017
2.00% Cumulative fiscal year distributions as a percentage of NAV
as of 8-31-2017 7.97%
MFS Multimarket Income
TrustDistribution period: September 2017Distribution
amount per share: $ 0.04468
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 fund’s
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 $ 0.02336 52% $ 0.27336 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 0.02132
48% 0.21814 44% Total (per common
share) $ 0.04468 100% $ 0.49150 100% Average annual total return
(in relation to NAV) for the five years ended 8-31-2017
6.03% Annualized current distribution rate expressed as a
percentage of month end NAV as of 8-31-2017 7.99% Cumulative total
return (in relation to NAV) for the fiscal year through 8-31-2017
7.01% Cumulative fiscal year distributions as a percentage of NAV
as of 8-31-2017 7.32%
MFS Special Value
TrustDistribution period: September 2017Distribution
amount per share: $ 0.04985
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 fund’s
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 $ 0.01458
29% $ 0.19002 35% 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 0.03527 71%
0.36053 65% Total (per common share) $ 0.04985 100% $
0.55055 100% Average annual total return (in relation to NAV) for
the five years ended 8-31-2017 7.81% Annualized
current distribution rate expressed as a percentage of month end
NAV as of 8-31-2017 10.02% Cumulative total return (in relation to
NAV) for the fiscal year through 8-31-2017 9.92% Cumulative fiscal
year distributions as a percentage of NAV as of 8-31-2017 9.22%
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 fund’s investment performance
from the amount of the fund’s distributions or from the terms of
the fund’s 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 fund’s 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 fund’s 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 fund’s 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
ManagementEstablished in 1924, MFS is an active, global
asset manager with investment offices in Boston, Hong Kong, London,
Mexico City, São 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 August 31, 2017, MFS manages US $468.8 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.
MFS Investment Management111
Huntington Ave., Boston, MA 02199
15668.108
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