Market Overview

MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds

Share:
BOSTON--(BUSINESS WIRE)--

MFS Investment Management® (MFS®) released today the distribution income sources for three of its closed-end funds for October 2012: MFS® Intermediate Income Trust (NYSE: MIN), MFS® Government Markets Income Trust (NYSE: MGF) and MFS® Special Value Trust (NYSE: MFV). This information also can be obtained by visiting MFS.com by clicking on Products & Performance > Closed End Funds > Dividend Source Information.

MFS Intermediate Income Trust
Distribution period: October 2012
Distribution amount per share: $ 0.04432

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. The fund's fiscal year begins each November 1st. All amounts are expressed per common share.

 

               

Total cumulative
distributions for the
fiscal year to date

% Breakdown
of the total
cumulative
distributions
for the fiscal
year to date




Current
distribution

% Breakdown of
current distribution

Net Investment Income $ 0.01670 38 % $ 0.20805 39 %
Net Realized ST Cap Gains 0.00000 0 % 0.06986 13 %
Net Realized LT Cap Gains 0.00840 19 % 0.09756 18 %
Return of Capital   0.01922     43 %       0.15865     30 %
Total (per common share) $ 0.04432 100 % $ 0.53412 100 %
 
Average annual total return (in relation to NAV) for the five years ended 9-30-2012     6.71 %
Annualized current distribution rate expressed as a percentage of month end NAV as of 9-30-2012 8.50 %
Cumulative total return (in relation to NAV) for the fiscal year through 9-30-2012 6.22 %
Cumulative fiscal year distributions as a percentage of NAV as of 9-30-2012 8.53 %
 

MFS Government Markets Income Trust
Distribution period: October 2012
Distribution amount per share: $ 0.04189

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. The fund's fiscal year begins each December 1st. All amounts are expressed per common share.

 

               

Total cumulative
distributions for the
fiscal year to date

% Breakdown of
the total
cumulative
distributions for
the fiscal year to
date




Current
distribution

% Breakdown of
current distribution

Net Investment Income $ 0.01841 44 % $ 0.21685 47 %
Net Realized ST Cap Gains 0.00552 13 % 0.00454 1 %
Net Realized LT Cap Gains 0.00278 7 % 0.03076 7 %
Return of Capital   0.01518     36 %       0.21193     45 %
Total (per common share) $ 0.04189 100 % $ 0.46408 100 %
 
Average annual total return (in relation to NAV) for the five years ended 9-30-2012     6.85 %
Annualized current distribution rate expressed as a percentage of month end NAV as of 9-30-2012 7.24 %
Cumulative total return (in relation to NAV) for the fiscal year through 9-30-2012 5.17 %
Cumulative fiscal year distributions as a percentage of NAV as of 9-30-2012 6.69 %
 

MFS Special Value Trust
Distribution period: October 2012
Distribution amount per share: $ 0.05757

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. The fund's fiscal year begins each November 1st. All amounts are expressed per common share.

 

           

Total cumulative
distributions for the
fiscal year to date

   

% Breakdown of the
total cumulative
distributions for the
fiscal year to date


Current
distribution

% Breakdown of
current distribution

Net Investment Income $ 0.03141 55 % $ 0.39145 58 %
Net Realized ST Cap Gains 0.00507 9 % 0.00504 1 %
Net Realized LT Cap Gains 0.00000 0 % 0.00000 0 %
Return of Capital   0.02109     36 %       0.27646     41 %
Total (per common share) $ 0.05757 100 % $ 0.67295 100 %
 
Average annual total return (in relation to NAV) for the five years ended 9-30-2012     4.90 %
Annualized current distribution rate expressed as a percentage of month end NAV as of 9-30-2012 10.03 %
Cumulative total return (in relation to NAV) for the fiscal year through 9-30-2012 12.06 %
Cumulative fiscal year distributions as a percentage of NAV as of 9-30-2012 9.77 %
 

Shareholders should not necessarily draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

The fund may estimate that it has distributed more than its income and capital gains; therefore, a portion of shareholders' distributions may be a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the fund is paid back to shareholders. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders Form 1099-DIV for the calendar year that will tell shareholders how to report these distributions for federal income tax purposes.

MFS manages approximately $303.6 billion in assets on behalf of individual and institutional investors worldwide as of September 30, 2012. The company traces its origins to 1924 and the creation of America's first “open-end” mutual fund.

The Trusts are closed-end investment products. Shares of the Trusts are only available for purchase/sale, at the current market price, on the NYSE, with the exception of the MFS California Municipal Fund which is available for purchase only on the American Stock Exchange. Shares may trade at a discount to NAV.

MFS Investment Management
500 Boylston St., Boston, MA 02116

15668.49

Computershare Shareholders Services:
Shareholders (account information, quotes): 800-637-2304
or
MFS Investment Management:
Shareholders or Advisors (investment product information):
Justin Miller, 800-343-2829, ext. 57702
or
Media Only:
John Reilly, 617-954-5305
or
Dan Flaherty, 617-954-4256









View Comments and Join the Discussion!