Market Overview

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

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MFS Investment Management® (MFS®) released today
the distribution income sources for six of its closed-end funds for
August 2018: 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), MFS® Multimarket Income Trust
(NYSE:MMT) and MFS® Special Value Trust (NYSE:MFV). This
information also can be obtained by visiting MFS.com by clicking on
Products & Strategies > Closed End Funds > Dividend Source Information.

MFS Charter Income Trust
Distribution
period: August 2018
Distribution amount per share: $ 0.05834

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 or other capital source. 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 $ 0.02840 49% $ 0.26284 49%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.02994       51%       0.27686       51%
Total (per common share) $ 0.05834 100% $ 0.53970 100%
 

Average annual total return (in relation to NAV) for the five
years ended 07-31-2018

5.50%

Annualized current distribution rate expressed as a percentage of
month end NAV as of 07-31-2018

7.99%

Cumulative total return (in relation to NAV) for the fiscal year
through 07-31-2018

0.35%

Cumulative fiscal year distributions as a percentage of NAV as of
07-31-2018

6.16%

 

MFS Government Markets Income Trust
Distribution
period: August 2018
Distribution amount per share: $ 0.02900

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 or other capital source. 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 $ 0.00983 34% $ 0.09353 35%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.01917       66%       0.17421       65%
Total (per common share) $ 0.02900 100% $ 0.26774 100%
 

Average annual total return (in relation to NAV) for the five
years ended 07-31-2018

 2.07%

Annualized current distribution rate expressed as a percentage of
month end NAV as of 07-31-2018

 7.30%

Cumulative total return (in relation to NAV) for the fiscal year
through 07-31-2018

-1.14%

Cumulative fiscal year distributions as a percentage of NAV as of
07-31-2018

 5.61%

 

MFS Intermediate High Income Fund
Distribution
period: August 2018
Distribution amount per share: $ 0.02047

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 or other capital source. 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 $ 0.01182 58% $ 0.10886 57%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.00865       42%       0.08242       43%
Total (per common share) $ 0.02047 100% $ 0.19128 100%
 

Average annual total return (in relation to NAV) for the five
years ended 07-31-2018

5.98%

Annualized current distribution rate expressed as a percentage of
month end NAV as of 07-31-2018

9.45%

Cumulative total return (in relation to NAV) for the fiscal year
through 07-31-2018

-0.64%

Cumulative fiscal year distributions as a percentage of NAV as of
07-31-2018

7.36%

 

MFS Intermediate Income Trust
Distribution
period: August 2018
Distribution amount per share: $ 0.02932

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 or other capital source. 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 $ 0.00863 29% $ 0.08059 27%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.02069       71%       0.22323       73%
Total (per common share) $ 0.02932 100% $ 0.30382 100%
 

Average annual total return (in relation to NAV) for the five
years ended 07-31-2018

2.39%

Annualized current distribution rate expressed as a percentage of
month end NAV as of 07-31-2018

8.52%

Cumulative total return (in relation to NAV) for the fiscal year
through 07-31-2018

-0.77%

Cumulative fiscal year distributions as a percentage of NAV as of
07-31-2018

7.36%

 

MFS Multimarket Income Trust
Distribution
period: August 2018
Distribution amount per share: $ 0.04157

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 or other capital source. 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 $ 0.02149 52% $ 0.21127 49%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.00000 0%
Return of Capital or Other Capital Source 0.02008       48%       0.21832       51%
Total (per common share) $ 0.04157 100% $ 0.42959 100%
 

Average annual total return (in relation to NAV) for the five
years ended 07-31-2018

5.37%

Annualized current distribution rate expressed as a percentage of
month end NAV as of 07-31-2018

7.99%

Cumulative total return (in relation to NAV) for the fiscal year
through 07-31-2018

-0.02%

Cumulative fiscal year distributions as a percentage of NAV as of
07-31-2018

6.88%

 

MFS Special Value Trust
Distribution
period: August 2018
Distribution amount per share: $ 0.04709

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 or other capital source. 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 $ 0.01164 25% $ 0.13093 27%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.01113 24% 0.09372 19%
Return of Capital or Other Capital Source 0.02432       51%       0.26272       54%
Total (per common share) $ 0.04709 100% $ 0.48737 100%
 

Average annual total return (in relation to NAV) for the five
years ended 07-31-2018

6.14%

Annualized current distribution rate expressed as a percentage of
month end NAV as of 07-31-2018

9.93%

Cumulative total return (in relation to NAV) for the fiscal year
through 07-31-2018

1.71%

Cumulative fiscal year distributions as a percentage of NAV as of
07-31-2018

8.57%

 

The above funds have adopted a managed distribution plan. Under a
managed distribution plan, to the extent that sufficient investment
income is not available on a monthly basis, the fund will distribute
long-term capital gains and/or return of capital in order to maintain
its managed distribution level. Investors should not draw any
conclusions about the fund's investment performance from the amount of
the fund's distributions or from the terms of the fund's managed
distribution plan.

The Board of the fund may amend the terms of the plan or terminate the
plan at any time without prior notice to the fund's shareholders. The
amendment or termination of a plan could have an adverse effect on the
market price of the fund's common shares. The plan will be subject to
periodic review by the Board. With each distribution that does not
consist solely of net investment income, the fund will issue a notice to
shareholders and an accompanying press release which will provide
detailed information regarding the amount and estimated composition of
the distribution and other related information.

The amounts and sources of distributions reported above 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 its full fiscal
year and may be subject to changes based on tax regulations. The fund
will send shareholders a Form 1099-DIV for the calendar year that will
tell them how to report these distributions for federal income tax
purposes. The fund may at times distribute more than its net investment
income and net realized capital gains; therefore, a portion of the
distribution may result in 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 them. A return of capital does not
necessarily reflect a fund's investment performance and should not be
confused with ‘yield' or ‘income'. Any such returns of capital will
decrease the fund's total assets and, therefore, could have the effect
of increasing the fund's expense ratio. In addition, in order to make
the level of distributions called for under its plan, the fund may have
to sell portfolio securities at a less than opportune time.

About MFS Investment Management
Established
in 1924, MFS is an active, global asset manager with investment offices
in Boston, Hong Kong, London, Mexico City, São Paulo, Singapore, Sydney,
Tokyo and Toronto. We employ a uniquely collaborative approach to build
better insights for our clients. Our investment approach has three core
elements: integrated research, global collaboration and active risk
management. As of July 31, 2018, MFS manages US $484.8 billion in assets
on behalf of individual and institutional investors worldwide. Please
visit mfs.com for more information.

The Funds are closed-end Funds. Common shares of the Funds are only
available for purchase/sale on the NYSE at the current market price
(NYSE-MKT for MFS California Municipal Fund). Shares may trade at a
discount to NAV.

MFS Investment Management
111 Huntington Ave., Boston, MA
02199

15668.118

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