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MFS Investment Management Announces Monthly Distributions for Closed-End Funds

 
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MFS Investment Management announces monthly distributions for closed-end funds.

a photo of a person sitting at a desk with a calculator and financial documents spread out in front of them.

BOSTON, April 03, 2023--(BUSINESS WIRE)--MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of April 3, 2023, ex-dividend dates of April 12, 2023, record dates of April 13, 2023, and payable dates of April 28, 2023.

The average American worker changes jobs multiple times1, and while a new job often means better pay and benefits, it can also result in a forgotten retirement account. MFS Investment Management recognizes the importance of retirement planning and offers a range of investment solutions to help investors prepare for a financially secure future.

After a tumultuous year for capital markets in 2022, investors will likely face more uncertainty in 2023. However, there are several bright spots on the horizon, particularly in the technology and healthcare sectors. MFS Investment Management's team of experienced investment professionals is poised to help investors navigate the changing landscape and identify opportunities for growth.

MFS Investment Management has hired Jeri Savage as a retirement lead strategist, the company announced in a press release. Savage brings more than 20 years of experience in the retirement industry to her new role, where she will work closely with MFS Investment Management's team of retirement experts to develop innovative retirement solutions.

As interest rates rise, many investors are considering bailing out of bonds in favor of other investments. However, MFS Investment Management cautions that this may not be the best strategy. In fact, bailing out of bonds could mean locking in losses and missing a potential recovery.

BOSTON, March 29, 2023--MFS announced a portfolio management team update for MFS High Income Municipal Trust, MFS High Yield Municipal Trust, and MFS Municipal Income Trust. The changes are effective immediately.

Pilar Gomez-Bravo and Alexander Mackey were appointed co-CIOs for MFS Investment Management's fixed-income unit. The duo will be responsible for managing the firm's fixed-income strategies and overseeing its team of fixed-income investment professionals.

MFS® Growth Fund is a popular investment option for investors seeking long-term growth. Before you invest, you may want to review the fund's prospectus, which contains more information about the fund and its investment objectives.

Target maturity funds or TMFs, open-ended debt schemes, were the most popular products before April 1 because of the tax advantage and flexibility they offer. However, MFS Investment Management notes that investors should carefully consider their investment goals and risk tolerance before investing in any product.

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