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

Business Wire

BOSTON--(BUSINESS WIRE)--

MFS Investment Management® (MFS®) released today the distribution income sources for three of its closed-end funds for April 2013: MFS® Intermediate Income Trust (MIN), MFS® Government Markets Income Trust (MGF) and MFS® Special Value Trust (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: April 2013
Distribution amount per share: $ 0.04307

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 $ 0.01559 36% $ 0.09613 37%
Net Realized ST Cap Gains 0.00473 11% 0.02470 9%
Net Realized LT Cap Gains 0.01267 29% 0.03237 12%
Return of Capital 0.01008     24%     0.10916     42%
Total (per common share) $ 0.04307 100% $ 0.26236 100%
   
Average annual total return (in relation to NAV) for the five years ended 3-31-2013 5.71 %
Annualized current distribution rate expressed as a percentage of month end NAV as of 3-31-2013 8.51 %
Cumulative total return (in relation to NAV) for the fiscal year through 3-31-2013 0.62 %
Cumulative fiscal year distributions as a percentage of NAV as of 3-31-2013 4.32 %
 

MFS Government Markets Income Trust
Distribution period: April 2013
Distribution amount per share: $ 0.04034

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 $ 0.01671 41% $ 0.08614 42%
Net Realized ST Cap Gains 0.00000 0% 0.00000 0%
Net Realized LT Cap Gains 0.00000 0% 0.03287 16%
Return of Capital 0.02363     59%     0.08559     42%
Total (per common share) $ 0.04034 100% $ 0.20460 100%
   
Average annual total return (in relation to NAV) for the five years ended 3-31-2013 5.65 %
Annualized current distribution rate expressed as a percentage of month end NAV as of 3-31-2013 7.26 %
Cumulative total return (in relation to NAV) for the fiscal year through 3-31-2013 -0.50 %
Cumulative fiscal year distributions as a percentage of NAV as of 3-31-2013 3.07 %
 

MFS Special Value Trust
Distribution period: April 2013
Distribution amount per share: $ 0.05858

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 $ 0.02802 48% $ 0.17394 50%
Net Realized ST Cap Gains 0.00143 2% 0.02046 6%
Net Realized LT Cap Gains 0.00541 9% 0.00541 2%
Return of Capital 0.02372     41%     0.14685     42%
Total (per common share) $ 0.05858 100% $ 0.34666 100%
   
Average annual total return (in relation to NAV) for the five years ended 3-31-2013 8.59 %
Annualized current distribution rate expressed as a percentage of month end NAV as of 3-31-2013 9.99 %
Cumulative total return (in relation to NAV) for the fiscal year through 3-31-2013 7.10 %
Cumulative fiscal year distributions as a percentage of NAV as of 3-31-2013 4.92 %
 

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 $348.5 billion in assets on behalf of individual and institutional investors worldwide as of March 31, 2013. 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
111 Huntington Ave., Boston, MA 02199

15668.55

Contact:
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
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