MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds
MFS Investment Management® (MFS®) released today the distribution income sources for six of its closed-end
funds for July 2016: 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 Trust
Distribution period: July 2016
Distribution amount per share: $ 0.06161
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.
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
distribution
|
|
% Breakdown of
current distribution
|
|
Total cumulative
distributions for the
fiscal year to date
|
|
% Breakdown of
the total
cumulative
distributions for
the fiscal year to
date
|
| Net Investment Income |
|
|
$0.03916
|
|
64% |
|
$0.31618
|
|
65% |
| 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 |
|
|
0.02245 |
|
36% |
|
0.16682 |
|
35% |
| Total (per common share) |
|
|
$0.06161
|
|
100% |
|
$0.48300
|
|
100% |
|
|
|
|
|
|
|
|
|
|
| Average annual total return (in relation to NAV) for the five years ended
6-30-2016 |
|
6.08% |
| Annualized current distribution rate expressed as a percentage of month
end NAV as of 6-30-2016 |
|
7.96% |
| Cumulative total return (in relation to NAV) for the fiscal year through
6-30-2016 |
|
6.25% |
| Cumulative fiscal year distributions as a percentage of NAV as of
6-30-2016 |
|
5.20% |
|
|
|
MFS Government Markets Income Trust
Distribution period: July 2016
Distribution amount per share: $ 0.03416
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.
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
distribution
|
|
% Breakdown of
current distribution
|
|
Total cumulative
distributions for the
fiscal year to date
|
|
% Breakdown of
the total
cumulative
distributions for
the fiscal year to
date
|
| Net Investment Income |
|
|
$0.01328
|
|
39% |
|
$0.10530
|
|
39% |
| 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 |
|
|
0.02088 |
|
61% |
|
0.16817 |
|
61% |
| Total (per common share) |
|
|
$0.03416
|
|
100% |
|
$0.27347
|
|
100% |
|
|
|
|
|
|
|
|
|
|
| Average annual total return (in relation to NAV) for the five years ended
6-30-2016 |
|
3.44% |
| Annualized current distribution rate expressed as a percentage of month
end NAV as of 6-30-2016 |
|
7.23% |
| Cumulative total return (in relation to NAV) for the fiscal year through
6-30-2016 |
|
4.53% |
| Cumulative fiscal year distributions as a percentage of NAV as of
6-30-2016 |
|
4.82% |
|
|
|
MFS Intermediate High Income Fund
Distribution period: July 2016
Distribution amount per share: $ 0.02148
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.
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
distribution
|
|
% Breakdown of
current distribution
|
|
Total cumulative
distributions for the
fiscal year to date
|
|
% Breakdown of
the total
cumulative
distributions for
the fiscal year to
date
|
| Net Investment Income |
|
|
$0.01591
|
|
74% |
|
$0.12916
|
|
78% |
| 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 |
|
|
0.00557 |
|
26% |
|
0.03737 |
|
22% |
| Total (per common share) |
|
|
$0.02148
|
|
100% |
|
$0.16653
|
|
100% |
|
|
|
| Average annual total return (in relation to NAV) for the five years ended
6-30-2016 |
|
6.82% |
| Annualized current distribution rate expressed as a percentage of month
end NAV as of 6-30-2016 |
|
9.48% |
| Cumulative total return (in relation to NAV) for the fiscal year through
6-30-2016 |
|
7.14% |
| Cumulative fiscal year distributions as a percentage of NAV as of
6-30-2016 |
|
6.12% |
|
|
|
MFS Intermediate Income Trust
Distribution period: July 2016
Distribution amount per share: $ 0.03485
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.
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
distribution
|
|
% Breakdown of
current distribution
|
|
Total cumulative
distributions for the
fiscal year to date
|
|
% Breakdown of
the total
cumulative
distributions for
the fiscal year to
date
|
| Net Investment Income |
|
|
$0.00896
|
|
26% |
|
$0.08045
|
|
25% |
| 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 |
|
|
0.02589 |
|
74% |
|
0.23613 |
|
75% |
| Total (per common share) |
|
|
$0.03485
|
|
100% |
|
$0.31658
|
|
100% |
|
|
|
|
|
|
|
|
|
|
| Average annual total return (in relation to NAV) for the five years ended
6-30-2016 |
|
3.59% |
| Annualized current distribution rate expressed as a percentage of month
end NAV as of 6-30-2016 |
|
8.48% |
| Cumulative total return (in relation to NAV) for the fiscal year through
6-30-2016 |
|
3.77% |
| Cumulative fiscal year distributions as a percentage of NAV as of
6-30-2016 |
|
6.42% |
|
|
|
MFS Multimarket Income Trust
Distribution period: July 2016
Distribution amount per share: $ 0.04418
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.
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
distribution
|
|
% Breakdown of
current distribution
|
|
Total cumulative
distributions for the
fiscal year to date
|
|
% Breakdown of
the total
cumulative
distributions for
the fiscal year to
date
|
| Net Investment Income |
|
|
$0.02888
|
|
65% |
|
$0.26024
|
|
66% |
| 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 |
|
|
0.01530
|
|
35% |
|
0.13189 |
|
34% |
| Total (per common share) |
|
|
$0.04418
|
|
100% |
|
$0.39213
|
|
100% |
|
|
|
|
|
|
|
|
|
|
| Average annual total return (in relation to NAV) for the five years ended
6-30-2016 |
|
6.15% |
| Annualized current distribution rate expressed as a percentage of month
end NAV as of 6-30-2016 |
|
7.97% |
| Cumulative total return (in relation to NAV) for the fiscal year through
6-30-2016 |
|
4.49% |
| Cumulative fiscal year distributions as a percentage of NAV as of
6-30-2016 |
|
5.90% |
|
|
|
MFS Special Value Trust
Distribution period: July 2016
Distribution amount per share: $ 0.04903
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.
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
distribution
|
|
% Breakdown of
current distribution
|
|
Total cumulative
distributions for the
fiscal year to date
|
|
% Breakdown of
the total
cumulative
distributions for
the fiscal year to
date
|
| Net Investment Income |
|
|
$0.01901
|
|
39% |
|
$0.17618
|
|
41% |
| 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 |
|
|
0.03002
|
|
61% |
|
0.25842 |
|
59% |
| Total (per common share) |
|
|
$0.04903
|
|
100% |
|
$0.4346
|
|
100% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Average annual total return (in relation to NAV) for the five years ended
6-30-2016 |
|
6.22% |
| Annualized current distribution rate expressed as a percentage of month
end NAV as of 6-30-2016 |
|
9.96% |
| Cumulative total return (in relation to NAV) for the fiscal year through
6-30-2016 |
|
4.33% |
| Cumulative fiscal year distributions as a percentage of NAV as of
6-30-2016 |
|
7.35% |
|
|
|
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 Management
Established 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 June
30, 2016, MFS manages US$425.0 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 Management
111 Huntington Ave., Boston, MA 02199
15668.94
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