Adjournment of Special Shareholder Meetings of ARPS Holders to Thursday, September 6, 2012
31 August 2012 - 10:07PM
Business Wire
MFS® California Municipal Fund (NYSE: CCA), MFS® High Income
Municipal Trust (NYSE: CXE), and MFS® Municipal Income Trust (NYSE:
MFM) (each an "Adjourned Fund") each announced the adjournment of a
special meeting of its holders of Municipal Auction Rate Cumulative
Preferred Shares ("ARPS") to permit the continued solicitation of
additional votes. The purpose of the special meetings is for the
ARPS holders of each Adjourned Fund to vote on whether to amend
each Adjourned Fund's bylaws to replace Standard & Poor’s, a
division of The McGraw-Hill Companies, Inc. (“S&P”), with
Fitch, Inc. (“Fitch”) as a rating agency for the Fund's ARPS and
make other noted changes as described in the Notice of Special
Meeting and Proxy Statement dated August 9, 2012. The adjourned
special meetings will be held at 4:00 p.m., Eastern Time, on
Thursday, September 6, 2012, at the offices of MFS Investment
Management, 500 Boylston Street, Boston, Massachusetts 02116.
Please contact Warren Antler of AST Fund Solutions, the Funds'
proxy agent, at 212-400-2605, or at wantler@astfundsolutions.com,
with any questions or to vote on the proposal.
Special Meetings for ARPS Holders of MFS®
High Yield Municipal Trust (NYSE: CMU) and MFS® Investment Grade
Municipal Trust (NYSE: CXH) Held on August 31, 2012
MFS® High Yield Municipal Trust (NYSE: CMU) and MFS® Investment
Grade Municipal Trust (NYSE: CXH) (each, a "Fund") each announced
today that at a special meeting of its ARPS holders, the proposal
to amend each Fund's bylaws to replace S&P with Fitch as a
rating agency for the Fund's ARPS and make other changes was
approved by each Fund's ARPS holders. The by-law amendments of each
Fund will become effective following the issuance of a rating on
each Fund's ARPS by Fitch, subject to consideration by the Board of
Trustees of each Fund of the rating by Fitch.
Annual Meeting Scheduled for October 31,
2012
As previously announced by MFS® California Municipal Fund (NYSE:
CCA), MFS® Charter Income Trust (NYSE: MCR), MFS® Government
Markets Income Trust (NYSE: MGF), MFS® High Income Municipal Trust
(NYSE: CXE), MFS® High Yield Municipal Trust (NYSE: CMU), MFS®
InterMarket Income Trust I (NYSE: CMK), MFS® Intermediate High
Income Fund (NYSE: CIH), MFS® Intermediate Income Trust (NYSE:
MIN), MFS® Investment Grade Municipal Trust (NYSE: CXH), MFS®
MultiMarket Income Trust (NYSE: MMT), MFS® Municipal Income Trust
(NYSE: MFM), and MFS® Special Value Trust (NYSE: MFV) (each, an
"MFS Closed End Fund" and together, the "MFS Closed End Funds"),
the Annual Meeting of Shareholders for each MFS Closed End Fund
will be held on October 31, 2012, at the offices of MFS Investment
Management, 500 Boylston Street, Boston, MA 02116, to consider the
election of Trustees. Holders of record of common shares and
preferred shares of the MFS Closed End Funds at the close of
business on September 5, 2012, are entitled to vote at the annual
meeting and any adjournments or postponements thereof.
MFS Investment Management® (MFS®) manages $285.0 billion in
assets as of July 31, 2012. The company traces its origins to 1924
and the creation of America's first mutual fund.
This release is not a prospectus, circular or representation
intended for use in the purchase or sale of fund shares. Shares of
the funds are not FDIC-insured and are not deposits or other
obligations of, or guaranteed by, any bank. Shares of the funds
involve investment risk, including possible loss of principal. For
more complete information about each fund, including risks,
charges, and expenses, please see the fund’s annual and semi annual
shareholder report.
The funds are closed-end funds. Common shares of the funds are
only available for purchase/sale on the NYSE at the current market
price, except MFS California Municipal Fund, which is available for
purchase/sale on the NYSE/AMEX at the current market price. Common
shares may trade at a discount to NAV.
MFS Investment Management500 Boylston
St., Boston, MA 02116
25997.1
MFS High Income Municipal (NYSE:CXE)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
MFS High Income Municipal (NYSE:CXE)
Historical Stock Chart
Von Jul 2023 bis Jul 2024