MFS funds adjourn shareholder votes to April 2, 2026
MFS Multimarket Income Trust and affiliated MFS taxable closed-end funds adjourned their special shareholder meetings to April 2, 2026 at 11:00 a.m. Eastern Time.
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Rhea-AI Filing Summary
MFS Multimarket Income Trust and affiliated MFS taxable closed-end funds adjourned their special shareholder meetings to April 2, 2026 at 11:00 a.m. Eastern Time.
The meetings were adjourned to solicit additional shareholder votes on (i) proposed reorganizations that would merge four Target Funds into MFS Multimarket Income Trust as the Surviving Fund, and (ii) proposals for the Surviving Fund to appoint abrdn, Inc. as investment adviser, elect five new trustees, and approve issuance of additional common shares in connection with the reorganizations. Each Target Fund's board unanimously approved and recommended its reorganization; shareholders of record as of December 11, 2025 received prospectus/proxy materials in early February 2026.
Insights
Adjournment preserves time to solicit votes for a board‑approved reorganization and governance changes.
The boards of the Target Funds and the Surviving Fund voted unanimously on December 10, 2025 to approve the proposed Reorganizations, the nomination of five new trustees for the Surviving Fund, and a management agreement naming abrdn, Inc. as adviser following consummation. The trustees also approved issuing additional common shares to facilitate the mergers.
Timing and final outcome depend on shareholder votes at the reconvened meetings on April 2, 2026. Shareholder approval thresholds and voting results reported in subsequent filings will determine consummation.
The adjournment is a routine solicitation step ahead of combining four closed-end funds into one surviving vehicle.
The materials were mailed to shareholders of record as of December 11, 2025, and the Boards concluded the reorganizations are in the best interests of each Target Fund's shareholders. The proposal also contemplates an adviser transition to abrdn, Inc. and issuance of additional shares to effect the transactions.
Key items to watch in follow-up filings include the vote tallies, whether the adviser agreement becomes effective, and any disclosure of issuance mechanics or share counts tied to the Reorganizations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Which funds are affected by the proposed reorganizations?
Who would become the Surviving Fund's investment adviser if approved?
Were the reorganizations recommended by the funds' boards?
AI-generated analysis. How Rhea-AI works. Not financial advice.
Filed by MFS Multimarket Income Trust
pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Companies:
MFS Charter Income Trust
File No.: 811-05822
MFS Government Markets Income Trust
File No.: 811-05078
MFS Intermediate High Income Fund
File No.: 811-05567
MFS Intermediate Income Trust
File No.: 811-05440
Date: March 12, 2026
| For Immediate Release | Media Contacts: Dan Flaherty, +1 617.954.4256 |
| For Shareholders/Advisors: Brian Mastrullo, +1 617.954.7940 |
MFS TAXABLE CLOSED-END FUNDS ANNOUNCE ADJOURNMENT OF SPECIAL SHAREHOLDER MEETINGS
BOSTON (March 12, 2026) – MFS Investment Management (“MFS”) announced today an adjournment of the special meeting of shareholders of MFS Charter Income Trust (NYSE: MCR), MFS Intermediate High Income Fund (NYSE: CIF), MFS Government Markets Income Trust (NYSE: MGF), MFS Intermediate Income Trust (NYSE: MIN) (each a “Target Fund” and collectively, the “Target Funds”), and MFS Multimarket Income Trust (NYSE: MMT) (the “Surviving Fund”) held on March 11, 2026 (each a “Meeting” and collectively, the “Meetings”).
Each Meeting is adjourned to April 2, 2026, at 11:00 a.m. Eastern Time.
The Meetings were adjourned to allow for the solicitation of additional shareholder votes relating to (i) a proposal that each Target Fund’s shareholders approve an Agreement and Plan of Reorganization between each Target Fund and the Surviving Fund (each a “Reorganization” and collectively, the “Reorganizations”) and (ii) a proposal that the Surviving Fund’s shareholders appoint of abrdn, Inc. (“Aberdeen”) as the new investment adviser of the Surviving Fund, elect five new trustees of the Surviving Fund, and approve the issuance of additional common shares of the Surviving Fund in connection with the Reorganizations. Each of these proposals is summarized below.
The Reorganizations
On December 10, 2025, the Board of Trustees (the “Board”) of each Target Fund unanimously approved the Reorganizations. Shareholders of each Target Fund as of December 11, 2025, were mailed a prospectus/proxy statement in early February 2026, providing additional information about each Reorganization and the factors considered by each Target Fund’s Board in approving the relevant Target Fund’s Reorganization. Each Target Fund’s Board determined that the Reorganization of that Target
Fund into the Surviving Fund is in the best interests of the Target Fund’s shareholders and recommends shareholders vote in favor of their Target Fund’s Reorganization.
Appointment of Aberdeen as Investment Adviser, the Election of Five New Trustees, and Issuance of Additional Common Shares of the Surviving Fund
On December 10, 2025, the Board of the Surviving Fund unanimously approved (i) a new investment management agreement with Aberdeen, the US Subsidiary of Aberdeen Investments, to serve as the investment adviser to the Surviving Fund following the consummation of the Reorganizations, (ii) the nomination of five new trustees to serve as the Surviving Fund’s board of trustees following the consummation of the Reorganizations, and (iii) the issuance of additional common shares of the Surviving Fund to accommodate the Reorganizations. Shareholders of the Surviving Fund as of December 11, 2025, were mailed a proxy statement in early February 2026, providing additional information and soliciting a vote in favor of each proposal, all of which are recommended by the Surviving Fund’s Board.
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain statements regarding plans and expectations for the future that constitute forward-looking statements within The Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking and can be identified by the use of words such as “may,” “will,” “expect,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words. Such forward-looking statements are based on the fund’s current plans and expectations, are not guarantees of future results or performance, and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. All forward-looking statements are as of the date of this release only; the funds undertake no obligation to update or review any forward-looking statements. You are urged to carefully consider all such factors.
About the Funds
The funds are closed-end investment company products advised by MFS Investment Management. Closed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offering and once issued, common shares of the funds are bought and sold in the open market through a stock exchange. Shares may trade at a discount to the net asset value per share. Shares of the funds are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank. Shares of the funds involve investment risk, including possible loss of principal.
About MFS Investment Management
In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors. Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long term value for clients by allocating capital responsibly. That takes our powerful investment approach combining collective expertise, thoughtful risk management and long-term discipline. Supported by our culture of shared values and collaboration, our teams of diverse thinkers actively debate ideas and assess material risks to uncover what we believe are the best investment opportunities in the market. As of February 28, 2026, MFS had approximately US$669.8 billion in assets under management.
MFS Investment Management
111 Huntington Ave., Boston, MA 02199
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