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Published on 2/17/2016 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

Four MFS Investment funds to redeem 2016/9 preferred shares March 24

By Wendy Van Sickle

Columbus, Ohio, Feb. 17 – The MFS Municipal Income Trust, MFS Investment Grade Municipal Trust, MFS California Municipal Fund and MFS High Income Municipal Trust called all of their outstanding variable-rate municipal term preferred shares, series 2016/9, which mature in September 2016.

According to filings with the Securities and Exchange Commission, the preferred shares will be redeemed on March 24 and include:

• 1,917 preferred shares issued by MFS Investment Grade Municipal Trust;

• 3,675 preferred shares issued by MFS High Income Municipal Trust;

• 4,259 preferred shares issued by MFS Municipal Income Trust; and

• 977 preferred shares issued by MFS California Municipal Fund.

Boston-based MFS Investment Management manages the funds.


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