MFS Announces Portfolio Management Changes for MFS Intermediate Income Trust
01 Febbraio 2017 - 6:33PM
Business Wire
MFS Investment Management® (MFS®) is announcing changes to the
portfolio management team of MFS Intermediate Income Trust (NYSE:
MIN) ("the Fund"), a closed end fund. Effective today, Geoffrey
Schechter and Alexander Mackey will join Erik Weisman on the
portfolio management team. Schechter will be the lead portfolio
manager and Mackey will focus on investment grade debt. Erik
Weisman will continue to be a member of the portfolio management
team, focused on sovereign debt. Former portfolio management team
member James Calmas has left MFS.
Schechter has been an MFS portfolio manager since 1993, Weisman
joined the portfolio management team of MIN in 2004, and Mackey has
been a fixed income research analyst since 2004. The team is
supported by MFS' entire team of fixed income investment
professionals.
There are no changes to the Fund's investment objective or
investment strategy as a result of these changes.
About MFS Investment ManagementEstablished 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 December 31, 2016,
MFS manages US$425.6 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 Management111
Huntington Ave, Boston, MA 02199
37305.1
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version on businesswire.com: http://www.businesswire.com/news/home/20170201006039/en/
MFS Shareholders or Advisors (investment product
information):Jeffrey Schwarz, 800-343-2829, ext.
55872orMedia Only:James Aber, 617-954-6154orDan Flaherty,
617-954-4256
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