MFS Announces Portfolio Management Team Update for Three Closed End Funds
29 Marzo 2023 - 7:10AM
Business Wire
MFS® is announcing a portfolio management team update for three
closed end funds: MFS® High Income Municipal Trust (NYSE: CXE),
MFS® High Yield Municipal Trust (NYSE: CMU), and MFS® Municipal
Income Trust (NYSE: MFM) (collectively, the “funds”), effective
today.
The portfolio management team of the funds will continue to be
portfolio managers Michael Dawson, Jason Kosty and Geoffrey
Schechter. Current portfolio manager Gary Lasman passed away from
an illness on March 28, 2023. MFS had previously disclosed on
January 25, 2022, that Mr. Lasman had planned to retire from MFS,
effective April 30, 2023.
The investment objective and investment strategy of each fund
will not change as a result of Mr. Lasman’s passing.
MFS mourns the loss of Mr. Lasman and expresses its sincere
appreciation for his contributions to the firm, its clients and
shareholders since joining the firm in 2002.
About MFS Investment Management®
In 1924, MFS launched the first US open-end mutual fund, opening
the door to the markets for millions of everyday investors. Today,
as a full-service global investment manager serving financial
advisors, intermediaries and institutional clients, MFS still
serves a single purpose: to create long-term value for clients by
allocating capital responsibly. That takes our powerful investment
approach combining collective expertise, thoughtful risk management
and long-term discipline. Supported by our culture of shared values
and collaboration, our teams of diverse thinkers actively debate
ideas and assess material risks to uncover what we believe are the
best investment opportunities in the market. As of February 28,
2023, MFS manages US$560.4 billion in assets on behalf of
individual and institutional investors worldwide. Please visit
mfs.com for more information.
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version on businesswire.com: https://www.businesswire.com/news/home/20230329005591/en/
Dan Flaherty, +1 617 954 4256 Cherida Naughton +44 207
429 7426 For shareholders/advisors: Jeffrey Schwarz, 1 800
343 2829, ext. 55872
MFS Municipal Income (NYSE:MFM)
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MFS Municipal Income (NYSE:MFM)
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