Aberdeen Intermediate Income Fund (MIN) expects its 1-for-6 reverse stock split to take effect before trading opens October 8, 2026. The board approved the consolidation of every six common shares into one to increase the fund’s per-share market price. Shares will continue trading on the New York Stock Exchange as MIN, with CUSIP 55273C206 replacing 55273C107.
The split will not change the fund’s investment strategy, net assets or annual distribution rate of 8.50% based on average monthly net asset value. The per-share distribution is expected to rise proportionately. No fractional shares will be issued. Fractional entitlements will be aggregated and sold, with net proceeds paid to affected shareholders.
MFS Intermediate Income Trust (NYSE: MIN) changed its investment adviser to abrdn after the NYSE close on July 2, 2026, and was renamed Aberdeen Intermediate Income Fund. The ticker and CUSIP remain MIN and 55273C107, and the fund’s investment objective and fundamental policies are unchanged.
A new five-member board of trustees took office, and Aberdeen’s Global Fixed Income team now manages the fund using a team-based approach.
MFS Government Markets Income Trust (NYSE: MGF) and MFS Intermediate Income Trust (NYSE: MIN) will change investment adviser after market close on July 2, 2026, when Aberdeen replaces MFS. On that date, all current trustees will resign, five new trustees will join each board, and both funds are expected to adopt new Aberdeen-branded names.
MFS (NYSE:MGF) announced the Board approved proposals to appoint Aberdeen as investment adviser to MFS Government Markets Income Trust (MGF) and MFS Intermediate Income Trust (MIN), and to elect five new trustees for each fund, subject to shareholder approval at a special meeting on June 18, 2026.
If approved, changes would take effect in early Q3 2026; Aberdeen reports ~$506 billion AUM and manages 27 closed-end funds ($25.6B).
Summary not available.