BOSTON--(BUSINESS WIRE)--MFS Investment Management® (MFS®) is announcing portfolio management appointments to MFS Multimarket Income Trust (NYSE: MMT) and MFS Charter Income Trust (NYSE: MCR), two closed end funds, effective today.
MFS fixed income portfolio manager Robert Spector will join the portfolio management team of MFS Multimarket Income Trust. He will be a lead portfolio manager of the Fund along with the current lead portfolio manager, Richard Hawkins. William Adams, Ward Brown, David Cole, Pilar Gomez-Bravo, Robert Persons and Matthew Ryan will continue to serve as portfolio managers of the Fund.
Robert Spector will become a lead manager of MFS Charter Income Trust along with current lead portfolio manager, Richard Hawkins. William Adams, Ward Brown, David Cole, Pilar Gomez-Bravo, Joshua Marston, Robert Persons, Matthew Ryan and Erik Weisman will continue to serve as portfolio managers of the Fund.
Effective June 30, 2018, Richard Hawkins will retire from portfolio management at MFS.
There are no other changes to the portfolio management teams of either fund. The funds' investment objectives and investment strategies will not change as a result of these appointments.
About MFS Investment Management
Established in 1924, MFS is an active, global investment 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, 2017, MFS manages US$440.8 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information.
Statements made in this release that look forward in time involve risks and uncertainties and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in a Fund’s performance, a general downturn in the economy, competition from other closed-end investment companies, changes in government policy or regulation, inability of a Fund’s investment adviser to attract or retain key employees, inability of a Fund to implement its investment strategy, inability of a Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
The fund is a closed-end investment product. Common shares of the fund are only available for purchase/sale on the NYSE at the current market price. Shares may trade at a discount to NAV.
MFS Investment Management
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