MFS Intermediate Income Trust

MIN

Market cap $300M

We review the CEF market valuation and performance through the fourth week of June and highlight recent market action. CEFs had a strong week, with all sectors in the green and equity-linked sectors leading; valuations remain above historical averages. Distribution increases at HTD and UTG highlight the arbitrary nature of managed distribution plans.

Closed-end funds are ideal for investors prioritizing steady cash income over capital gains, benefiting from buying at discounts and institutional leverage terms. Distribution "coverage" is critical. But it can be complicated trying to determine what is actually sufficient versus insufficient coverage.

BOSTON--(BUSINESS WIRE)--MFS Announces Closed End Fund Distributions for March 2025.

BOSTON--(BUSINESS WIRE)--MFS Releases Closed End Fund Income Distribution Sources for Certain Funds for February 2025.

BOSTON--(BUSINESS WIRE)--MFS Announces Closed End Fund Distributions for February 2025.

BOSTON--(BUSINESS WIRE)--MFS Investment Management® (MFS®) released today the distribution income sources for five of its closed-end funds for January 2025: 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) and MFS® Multimarket Income Trust (NYSE: MMT). This information also can be obtained by visiting MFS.com by clicking on Products & Strategies > Closed End Funds > Dividend Source Information.

Closed-end funds offer unique advantages, like buying at discounts and leveraging with institutionally priced debt, making them ideal income-generating vehicles. Cash distributions are key contributors to total return, but it is essential to be sure they are actually covered by fund earnings. Some investors overly prioritize distribution yields, neglecting the importance of considering total return as a whole.

BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distributions for January 2025 for nine funds.

BOSTON--(BUSINESS WIRE)--MFS announces distribution income sources for certain closed end funds for December 2024.

BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distributions for December 2024.