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

BOSTON (March 31, 2014) – MFS Investment Management (MFS) released today the distribution income sources for three of its closed-end funds for March 2014: 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: March 2014
Distribution amount per share: $ 0.04016

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

$ 0.01285

32%

$ 0.06636

33%

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

  0.02731

68%

  0.13554

67%

Total (per common share)

$ 0.04016

100%

$ 0.20190

100%

Average annual total return (in relation to NAV) for the five years ended 2-28-2014

5.81%

Annualized current distribution rate expressed as a percentage of month end NAV as of 2-28-2014

8.51%

Cumulative total return (in relation to NAV) for the fiscal year through 2-28-2014

1.33%

Cumulative fiscal year distributions as a percentage of NAV as of 2-28-2014

3.57%

 

MFS Government Markets Income Trust
Distribution period: March 2014
Distribution amount per share: $ 0.03743

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

$ 0.01517

41%

$ 0.06195

41%

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

 0.02226

59%

  0.08793

59%

Total (per common share)

$ 0.03743

100%

$ 0.14988

100%

Average annual total return (in relation to NAV) for the five years ended 2-28-2014

4.97%

Annualized current distribution rate expressed as a percentage of month end NAV as of 2-28-2014

7.24%

Cumulative total return (in relation to NAV) for the fiscal year through 2-28-2014

1.31%

Cumulative fiscal year distributions as a percentage of NAV as of 2-28-2014

2.42%

 

 

MFS Special Value Trust
Distribution period: March 2014
Distribution amount per share: $ 0.05841

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

$ 0.02703

46%

$ 0.12943

44%

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

 0.03138

54%

  0.16348

56%

Total (per common share)

$ 0.05841

100%

$ 0.29291

100%

                 

Average annual total return (in relation to NAV) for the five years ended 2-28-2014

19.71%

Annualized current distribution rate expressed as a percentage of month end NAV as of 2-28-2014

9.90%

Cumulative total return (in relation to NAV) for the fiscal year through 2-28-2014

3.81%

Cumulative fiscal year distributions as a percentage of NAV as of 2-28-2014

4.14%

 

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.

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 February 28, 2014, MFS manages US$420.0 billion in assets on behalf of individual and institutional investors worldwide.

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.

Contacts:
Computershare Shareholders Services:
Shareholders (account information, quotes): 800-637-2304

MFS Investment Management:
Shareholders or Advisors (investment product information):
Eric Zubris, 800-343-2829, ext. 56152

Media Only:
James Aber, 617-954-6154, or Dan Flaherty, 617-954-4256