MFS Investment Management® (MFS®) has announced the income distribution sources for five of its closed-end funds for June 2024: 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), and MFS® Multimarket Income Trust (NYSE: MMT). Detailed information is available on MFS.com under Products & Strategies > Closed End Funds > Dividend Source Information.
MFS Charter Income Trust
- Distribution period: June 2024
- Distribution amount per share: $0.04521
| Source of Distribution | Amount per Share | % of Total Cumulative Distributions | % of Current Distribution |
|---|---|---|---|
| Net Investment Income | $0.01040 | 23% | 77% |
| Net Realized ST Cap Gains | $0.00000 | 0% | 0% |
| Net Realized LT Cap Gains | $0.00000 | 0% | 0% |
| Return of Capital or Other Capital Source | $0.03481 | 77% | 23% |
| Total | $0.04521 | 100% | 100% |
- Average annual total return (in relation to NAV): 3.33%
- Annualized current distribution rate as % of month end NAV (as of 5-31-2024): 8.03%
- Cumulative total return (in relation to NAV) for fiscal year through 5-31-2024: 5.29%
- Cumulative fiscal year distributions as % of NAV (as of 5-31-2024): 4.70%
MFS Government Markets Income Trust
- Distribution period: June 2024
- Distribution amount per share: $0.01964
| Source of Distribution | Amount per Share | % of Total Cumulative Distributions | % of Current Distribution |
|---|---|---|---|
| Net Investment Income | $0.00923 | 47% | 47% |
| Net Realized ST Cap Gains | $0.00000 | 0% | 0% |
| Net Realized LT Cap Gains | $0.00000 | 0% | 0% |
| Return of Capital or Other Capital Source | $0.01041 | 53% | 53% |
| Total | $0.01964 | 100% | 100% |
- Average annual total return (in relation to NAV): -0.08%
- Annualized current distribution rate as % of month end NAV (as of 5-31-2024): 7.25%
- Cumulative total return (in relation to NAV) for fiscal year through 5-31-2024: 2.31%
- Cumulative fiscal year distributions as % of NAV (as of 5-31-2024): 4.30%
MFS Intermediate High-Income Fund
- Distribution period: June 2024
- Distribution amount per share: $0.01459
| Source of Distribution | Amount per Share | % of Total Cumulative Distributions | % of Current Distribution |
|---|---|---|---|
| Net Investment Income | $0.00686 | 47% | 51% |
| Net Realized ST Cap Gains | $0.00000 | 0% | 0% |
| Net Realized LT Cap Gains | $0.00000 | 0% | 0% |
| Return of Capital or Other Capital Source | $0.00773 | 53% | 49% |
| Total | $0.01459 | 100% | 100% |
- Average annual total return (in relation to NAV): 3.42%
- Annualized current distribution rate as % of month end NAV (as of 5-31-2024): 9.52%
- Cumulative total return (in relation to NAV) for fiscal year through 5-31-2024: 6.40%
- Cumulative fiscal year distributions as % of NAV (as of 5-31-2024): 5.56%
MFS Intermediate Income Trust
- Distribution period: June 2024
- Distribution amount per share: $0.01998
| Source of Distribution | Amount per Share | % of Total Cumulative Distributions | % of Current Distribution |
|---|---|---|---|
| Net Investment Income | $0.00799 | 40% | 38% |
| Net Realized ST Cap Gains | $0.00000 | 0% | 0% |
| Net Realized LT Cap Gains | $0.00000 | 0% | 0% |
| Return of Capital or Other Capital Source | $0.01199 | 60% | 62% |
| Total | $0.01998 | 100% | 100% |
- Average annual total return (in relation to NAV): 1.71%
- Annualized current distribution rate as % of month end NAV (as of 5-31-2024): 8.50%
- Cumulative total return (in relation to NAV) for fiscal year through 5-31-2024: 5.77%
- Cumulative fiscal year distributions as % of NAV (as of 5-31-2024): 5.74%
MFS Multimarket Income Trust
- Distribution period: June 2024
- Distribution amount per share: $0.03351
| Source of Distribution | Amount per Share | % of Total Cumulative Distributions | % of Current Distribution |
|---|---|---|---|
| Net Investment Income | $0.00168 | 5% | 55% |
| Net Realized ST Cap Gains | $0.00000 | 0% | 0% |
| Net Realized LT Cap Gains | $0.00000 | 0% | 0% |
| Return of Capital or Other Capital Source | $0.03183 | 95% | 45% |
| Total | $0.03351 | 100% | 100% |
- Average annual total return (in relation to NAV): 4.37%
- Annualized current distribution rate as % of month end NAV (as of 5-31-2024): 8.01%
- Cumulative total return (in relation to NAV) for fiscal year through 5-31-2024: 13.27%
- Cumulative fiscal year distributions as % of NAV (as of 5-31-2024): 5.28%
These funds operate under a managed distribution plan, which may include return of capital and long-term capital gains to maintain distribution levels when net investment income is insufficient. Investors should refer to the annual Form 1099-DIV for tax reporting purposes
