MFS Government Markets Income Trust and MFS Intermediate Income Trust Announce Effective Date for the Change of Investment Adviser
MFS Investment Management ("MFS") announced today that effective after market close on July 2, 2026 (the "Effective Date"), abrdn Inc. ("Aberdeen"), the US Subsidiary of Aberdeen Investments, the global specialist asset manager, will replace MFS as the investment adviser of the MFS Government Markets Income Trust (NYSE:MGF) and the MFS Intermediate Income Trust (NYSE:MIN) (each a "Fund" and collectively, the "Funds"). Additionally on the Effective Date, five new trustees will be appointed to each Fund's Board of Trustees and each Fund's current trustees will resign.
Following the Effective Date, it is intended that MGF's name will change from "MFS Government Markets Income Trust" to "Aberdeen Government Markets Income Fund", and MIN's name will change from "MFS Intermediate Income Trust" to "Aberdeen Intermediate Income Fund".
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 May 31, 2026, MFS had approximately $654.9 billion in assets under management.
MFS Investment Management
111 Huntington Ave., Boston, MA 02199
68597.1
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Media Contact: Dan Flaherty, +1 617.954.4256
For Shareholders/Advisors: Brian Mastrullo, +1 617.954.7940