MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

September-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03632

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

0.00835

23%

0.13442

33%

Net Realized ST Cap Gains

0.00000

0%

0.00407

1%

Net Realized LT Cap Gains

0.02797

77%

0.12628

31%

Return of Capital or

  Other Capital Source

0.00000

0%

0.14257

35%

Total (per common share)

0.03632

100%

0.40734

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 8-31-2023

 

 

4.49%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 8-31-2023

10.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 8-31-2023

 

 

 

        7.08%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 8-31-2023

 

 

 

  9.34%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

                                                                                                                                                 MFVSN-0923

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

August-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03679

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

0.01140

31%

0.12244

33%

Net Realized ST Cap Gains

0.00295

8%

0.00371

1%

Net Realized LT Cap Gains

0.01803

49%

0.07791

21%

Return of Capital or

  Other Capital Source

0.00441

12%

0.16696

45%

Total (per common share)

0.03679

100%

0.37102

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 7-31-2023

 

 

4.86%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 7-31-2023

9.94%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 7-31-2023

 

 

 

        8.07%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 7-31-2023

 

 

 

  8.36%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

                                                                                                                                                 MFVSN-0823

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

February-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03825

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

$0.01033

27%

        $0.04494

 30%

Net Realized ST Cap Gains

0.00306

  8%

0.00449

   3%

Net Realized LT Cap Gains

0.01301

34%

0.03595

  24%

Return of Capital or

  Other Capital Source

0.01185

31%

0.06442

  43%

Total (per common share)

$0.03825

100%

        $0.14980

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 1-31-2023

 

 

4.28%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 1-31-2023

9.96%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 1-31-2023

 

 

 

  6.47%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 1-31-2023

 

 

 

  3.25%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

 

                                                                                                                                                 MFVSN-0223

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

November-2022

 

 

 

 

 

 

 

Distribution amount per share  

$0.03615

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

$0.03615

100%

        $0.03615

100%

Net Realized ST Cap Gains

0.00000

0%

0.00000

  0%

Net Realized LT Cap Gains

0.00000

0%

0.00000

  0%

Return of Capital or

  Other Capital Source

0.00000

0%

0.00000

  0%

Total (per common share)

$0.03615

100%

        $0.03615

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 10-31-2022

 

 

3.60%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 10-31-2022

9.77%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 10-31-2022

 

 

 

-11.35%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 10-31-2022

 

 

 

  0.81%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

 

                                                                                                                                                 MFVSN-1122

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

April-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03653

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

$0.01169

32%

        $0.07172

 32%

Net Realized ST Cap Gains

0.00000

  0%

0.00224

   1%

Net Realized LT Cap Gains

0.01973

54%

0.09413

  42%

Return of Capital or

  Other Capital Source

0.00511

14%

0.05603

  25%

Total (per common share)

$0.03653

100%

        $0.22412

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 3-31-2023

 

 

4.70%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 3-31-2023

9.85%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 3-31-2023

 

 

 

  4.60%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 3-31-2023

 

 

 

  5.04%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

 

                                                                                                                                                 MFVSN-0423

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

January-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03788

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

$0.00985

26%

        $0.03570

 32%

Net Realized ST Cap Gains

0.00000

0%

0.00000

   0%

Net Realized LT Cap Gains

0.00000

0%

0.02008

  18%

Return of Capital or

  Other Capital Source

0.02803

74%

0.05577

  50%

Total (per common share)

$0.03788

100%

        $0.11155

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 12-31-2022

 

 

4.01%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 12-31-2022

10.12%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 12-31-2022

 

 

 

  2.85%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 12-31-2022

 

 

 

  2.48%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

 

                                                                                                                                                 MFVSN-0123

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

December-2022

 

 

 

 

 

 

 

Distribution amount per share  

$0.03752

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

$0.01351

36%

        $0.02652

36%

Net Realized ST Cap Gains

0.00000

0%

0.00000

  0%

Net Realized LT Cap Gains

0.01688

45%

0.03315

  45%

Return of Capital or

  Other Capital Source

0.00713

19%

0.01400

  19%

Total (per common share)

$0.03752

100%

        $0.07367

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 11-30-2022

 

 

4.40%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 11-30-2022

9.79%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 11-30-2022

 

 

 

4.45%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 11-30-2022

 

 

 

  1.60%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

 

                                                                                                                                                 MFVSN-1222

Report of Independent Registered Public Accounting Firm

To the Shareholders and

Board of Trustees of MFS Special Value Trust

 

In planning and performing our audit of the financial statements of MFS Special Value Trust (the “Fund”) as of and for the year ended October 31, 2023, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Fund’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of October 31, 2023.

This report is intended solely for the information and use of management and the Board of Trustees of MFS Special Value Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/Ernst & Young LLP

Boston, Massachusetts

December 14, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

July-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03648

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

$0.01094

30%

        $0.11030

 33%

Net Realized ST Cap Gains

0.00000

0%

0.00334

   1%

Net Realized LT Cap Gains

0.00474

13%

0.06016

  18%

Return of Capital or

  Other Capital Source

0.02080

57%

0.16043

  48%

Total (per common share)

$0.03648

100%

        $0.33423

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 6-30-2023

 

 

5.00%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 6-30-2023

9.95%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 6-30-2023

 

 

 

        6.16%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 6-30-2023

 

 

 

  7.60%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

                                                                                                                                                 MFVSN-0723

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

March-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03779

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

$0.01096

29%

        $0.05815

 31%

Net Realized ST Cap Gains

0.00000

  0%

0.00375

   2%

Net Realized LT Cap Gains

0.02683

71%

0.07316

  39%

Return of Capital or

  Other Capital Source

0.00000

0%

0.05253

  28%

Total (per common share)

$0.03779

100%

        $0.18759

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 2-28-2023

 

 

4.17%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 2-28-2023

10.21%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 2-28-2023

 

 

 

  3.43%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 2-28-2023

 

 

 

  4.23%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

 

                                                                                                                                                 MFVSN-0323

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

October-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03590

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

0.01113

31%

0.14627

33%

Net Realized ST Cap Gains

0.00000

0%

0.00000

0%

Net Realized LT Cap Gains

0.02477

69%

0.15957

36%

Return of Capital or

  Other Capital Source

0.00000

0%

0.13740

31%

Total (per common share)

0.03590

100%

0.44324

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 9-30-2023

 

 

4.10%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 9-30-2023

10.18%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 9-30-2023

 

 

 

      4.85%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 9-30-2023

 

 

 

    10.48%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

                                                                                                                                                 MFVSN-1023

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

May-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03718

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

$0.00744

20%

        $0.08362

 32%

Net Realized ST Cap Gains

0.00037

  1%

0.00261

   1%

Net Realized LT Cap Gains

0.00000

0%

0.05749

  22%

Return of Capital or

  Other Capital Source

0.02937

79%

0.11758

  45%

Total (per common share)

$0.03718

100%

        $0.26130

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 4-30-2023

 

 

5.00%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 4-30-2023

10.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 4-30-2023

 

 

 

  5.71%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 4-30-2023

 

 

 

  5.86%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

 

                                                                                                                                                 MFVSN-0523

 

 

 

 

 

 

 

 

 

 

 

 

 

MFS® Special Value Trust

 

 

 

 

 

 

 

 

P.O. Box 43078

Providence, RI 02940-3078

Notice to shareholders  —  Source of distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution period  

June-2023

 

 

 

 

 

 

 

Distribution amount per share  

$0.03645

 

 

 

 

 

 

 

 

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The fund’s fiscal year begins each November 1st.  All amounts are expressed per common share.

 

 

 

 

 

 

Total cumulative distributions for the fiscal year to date

% Breakdown of the total cumulative distributions for the fiscal year to date

 

 

Current distribution

% Breakdown of current distribution

 

 

Net Investment Income

$0.01349

37%

        $0.09826

 33%

Net Realized ST Cap Gains

0.00000

0%

0.00298

   1%

Net Realized LT Cap Gains

0.00000

0%

0.05657

  19%

Return of Capital or

  Other Capital Source

0.02296

63%

0.13994

  47%

Total (per common share)

$0.03645

100%

        $0.29775

100%

 

 

 

 

 

 

 

 

 

 

 

Average annual total return (in relation to NAV) for the five years ended 5-31-2023

 

 

4.48%

 

 

Annualized current distribution rate expressed as a percentage of month end NAV as of 5-31-2023

10.15%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cumulative total return (in relation to NAV) for the fiscal year through 5-31-2023

 

 

 

  3.07%

 

 

Cumulative fiscal year distributions as a percentage of NAV as of 5-31-2023

 

 

 

  6.91%

 

 

 

 

 

 

 

 

 

 

 

 

 

You should not draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's managed distribution plan.

 

The fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the fund is paid back to you. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income."

 

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax-reporting purposes. The actual amounts and sources of the amounts for tax-reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

If you have any questions regarding this information, please call our fund service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m. Eastern time.

 

                                 

                                                                                                                                                                                                                                 

 

                                                                                                                                                 MFVSN-0623


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