MFS Intermediate Income Trust
MIN
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Robin Ann Stelmach
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 111 Huntington Avenue Boston MA United States of America 02199
- IPO Date
- Mar 11, 1988
- CIK
- 0000826735
- Website
- mfs.com
- Similar Companies
- Business
- MFS Intermediate Income Trust (NYSE: MIN) is a closed-end management investment trust that seeks high current income through investments primarily in investment-grade, taxable fixed-income securities, including U.S. Treasuries, investment grade corporate bonds, mortgage-backed securities, municipals, asset-backed securities, collateralized loan obligations, commercial mortgage-backed securities, residential mortgage-backed securities, emerging markets debt, high yield corporates, non-U.S. sovereigns, and U.S. government agencies; the fund also employs derivatives such as U.S. Treasury futures and leverage to enhance returns and manage duration, targeting an average effective duration of approximately 3.8 years and maturity of 3.5 years with a portfolio of around 227 issues from 150 issuers as of October 2025. The fund implements a managed distribution plan at an 8.50% annual rate based on market price, paying monthly dividends that may include net investment income, short-term or long-term capital gains, or return of capital when income is insufficient. Founded on March 17, 1988 and domiciled in the United States with principal offices at 111 Huntington Avenue, Boston, Massachusetts, the trust operates under the management of MFS Investment Management and trades on the New York Stock Exchange, primarily serving income-oriented investors seeking exposure to intermediate-term, investment-grade bonds benchmarked against the Barclays Intermediate U.S. Government/Credit Index. In December 2025, the Board of Trustees approved a proposed reorganization of the fund, along with MFS Charter Income Trust, MFS Government Markets Income Trust, and MFS Intermediate High Income Fund, into MFS Multimarket Income Trust (NYSE: MMT), accompanied by a proposed appointment of Aberdeen Investments as the new investment adviser, with special shareholder meetings announced to vote on these strategic changes. Recent institutional interest includes increased holdings by Allspring Global Investments Holdings, LLC to over 4.17 million shares, reflecting confidence in the fund's income stability amid its approximately 8.7% dividend yield and net assets of $311 million as of October 2025.