MFS Announces Closed End Fund Portfolio Management Appointment
17 Enero 2019 - 7:55AM
Business Wire
MFS Investment Management® (MFS®) is announcing a portfolio
management appointment to MFS® Multimarket Income Trust (NYSE: MMT)
and MFS® Charter Income Trust (NYSE: MCR), two closed end
funds.
Effective February 1, 2019, Andy Li will join the portfolio
management teams of MFS Multimarket Income Trust and MFS Charter
Income Trust. He will focus on managing investment-grade securities
in each fund, working closely with current portfolio manager Robert
Persons, who is also focused on the investment-grade securities of
each portfolio.
There are no other changes to the portfolio management teams of
the funds. The funds' investment objectives and investment
strategies will not change as a result of this appointment.
Li joined MFS in 2018 as a fixed income portfolio manager
primarily focused on non–US dollar credit securities. His prior
experience includes four years as a portfolio manager at Man GLG,
six years as a portfolio manager at ECM Asset Management and two
years as a management consultant at Accenture. He earned a Bachelor
of Engineering degree with honors in computer science from Imperial
College, London.
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, 2018,
MFS manages US$428.4 billion in assets on behalf of individual and
institutional investors worldwide.
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 funds are closed-end investment company products advised
by MFS Investment Management. Closed-end funds, unlike open-end
funds, are not continuously offered. There is a one-time public
offering and once issued, common shares of the funds are bought and
sold in the open market through a stock exchange. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190117005393/en/
Media contact: Dan Flaherty, +1 617 954
4256
For shareholders/advisors: Jeffrey Schwarz, 1 800 343 2829,
ext. 55872
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