Aberdeen Multi-Market Income Fund (MMT) approved a 1-for-4 reverse stock split, effective before trading opens on November 9, 2026.
Every four common shares will become one, with trading continuing on the New York Stock Exchange under MMT. The Board intends to increase the per-share market price. The aggregate value of a shareholder's investment is not expected to change solely because of the split. Proportionate ownership will remain unchanged, apart from minor fractional-share adjustments; fractional entitlements will be sold and net proceeds distributed.
The managed distribution policy remains unchanged: monthly distributions at an annualized 11.00% of average daily net asset value for the previous month-end prior to the declaration date.
Aberdeen Multi-Market Income Fund (NYSE:MMT), formerly MFS Multimarket Income Trust, completed the reorganization of MFS Intermediate High Income Fund (CIF) and MFS Charter Income Trust (MCR) on June 22, 2026. CIF and MCR shareholders received MMT shares at NAV-based exchange ratios; Aberdeen became investment adviser and a new trustee board took office. The fund keeps its ticker, CUSIP, and primary objective while transitioning to an average investment grade portfolio over about six months.
Aberdeen Multi-Market Income Fund (NYSE:MMT) completed the reorganization of MFS Intermediate High Income Fund (CIF) and MFS Charter Income Trust (MCR) into MMT on June 22, 2026. CIF holders received 0.36109198 and MCR holders 1.33352869 MMT shares per share, based on June 18, 2026 NAVs.
abrdn Inc. became investment adviser and the fund was renamed from MFS Multimarket Income Trust to Aberdeen Multi-Market Income Fund, while keeping ticker MMT and CUSIP 552737108. The investment objective is unchanged, and the portfolio is expected to transition to average investment-grade credit quality over six months.
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