MFS Announces Portfolio Management Appointments for Two Closed End Funds
14 Agosto 2019 - 7:55AM
Business Wire
MFS Investment Management® (MFS®) is announcing portfolio
management appointments for MFS® Multimarket Income Trust (NYSE:
MMT) and MFS® Special Value Trust (NYSE: MFV), two closed end
funds.
Effective September 1, 2019, Henry Peabody will join the
portfolio management team of MFS Multimarket Income Trust. He will
be focused on managing investment-grade debt securities in the
fund, working with current portfolio managers Robert Persons and
Andy Li. Peabody joined MFS in July 2019 as a portfolio manager
covering investment-grade debt securities. He has 18 years of
investment experience, which includes six years as an analyst and
portfolio manager at Eaton Vance Management. He earned a Bachelor
of Arts degree from Trinity College and an MBA from Boston
College's Carroll School of Management.
Effective December 31, 2019, Katherine Cannan will join the
portfolio management team of MFS Special Value Trust. She will be
focused on managing equity securities in the fund, working with
current portfolio manager Nevin Chitkara. Cannan joined MFS in 2013
as an equity research analyst and has more than 10 years of
investment experience. She earned a Bachelor of Arts degree magna
cum laude from Northwestern University and is a member of Phi Beta
Kappa, as well as having earned an MBA from Harvard Business
School.
There are no other changes to the portfolio management teams of
the funds, nor will the funds' investment objectives or strategies
change as a result of these appointments.
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 July 31, 2019, MFS managed
US$491.3 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.
Each fund is a closed end investment product advised by MFS
Investment Management. Common shares of the funds are only
available for purchase/sale on the NYSE at the current market
price. Shares may trade at a discount to NAV. 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.
43800.1
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190814005416/en/
Computershare Shareholder Services: Shareholders (account
information), 800-637-2304 Shareholders or Advisors (for product
information): Jeffrey Schwarz, 800-343-2829, ext. 55872
Media Only: Dan Flaherty, 617-954-4256
MFS Special Value (NYSE:MFV)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
MFS Special Value (NYSE:MFV)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024