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MarketScreener Homepage  >  Equities  >  Nyse  >  MFS Special Value Trust    MFV

MFS SPECIAL VALUE TRUST

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MFS Special Value : Releases Closed-End Fund Income Distribution Sources for Certain Funds

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04/30/2014 | 04:17pm EDT

MFS Investment Management® (MFS®) released today the distribution income sources for three of its closed-end funds for April 2014: MFS® Intermediate Income Trust (NYSE: MIN), MFS® Government Markets Income Trust (NYSE: MGF) and MFS® Special Value Trust (NYSE: MFV). This information also can be obtained by visiting MFS.com by clicking on Products & Performance > Closed End Funds > Dividend Source Information.

MFS Intermediate Income Trust
Distribution period: April 2014
Distribution amount per share: $ 0.03994

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. 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 $ 0.01298 32% $ 0.07947 33%
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 0.02696   68%   0.16237   67%
Total (per common share) $ 0.03994 100% $ 0.24184 100%
 
Average annual total return (in relation to NAV) for the five years ended 3-31-2014     5.57%
Annualized current distribution rate expressed as a percentage of month end NAV as of 3-31-2014 8.53%
Cumulative total return (in relation to NAV) for the fiscal year through 3-31-2014 1.39%
Cumulative fiscal year distributions as a percentage of NAV as of 3-31-2014 4.30%
 

MFS Government Markets Income Trust
Distribution period: April 2014
Distribution amount per share: $ 0.03726

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. The fund’s fiscal year begins each December 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 $ 0.01510 41% $ 0.07698 41%
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 0.02216   59%   0.11016   59%
Total (per common share) $ 0.03726 100% $ 0.18714 100%
 
Average annual total return (in relation to NAV) for the five years ended 3-31-2014     4.52%
Annualized current distribution rate expressed as a percentage of month end NAV as of 3-31-2014 7.27%
Cumulative total return (in relation to NAV) for the fiscal year through 3-31-2014 1.15%
Cumulative fiscal year distributions as a percentage of NAV as of 3-31-2014 3.04%
 

MFS Special Value Trust
Distribution period: April 2014
Distribution amount per share: $ 0.05876

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. 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

 

% Breakdown of
current distribution

Current
distribution

Net Investment Income $ 0.02316 39% $ 0.14885 42%
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 0.03560   61%   0.20282   58%
Total (per common share) $ 0.05876 100% $ 0.35167 100%
Average annual total return (in relation to NAV) for the five years ended 3-31-2014     19.13%
Annualized current distribution rate expressed as a percentage of month end NAV as of 3-31-2014 10.00%
Cumulative total return (in relation to NAV) for the fiscal year through 3-31-2014 4.22%
Cumulative fiscal year distributions as a percentage of NAV as of 3-31-2014 4.99%
 

Shareholders should not necessarily 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 may estimate that it has distributed more than its income and capital gains; therefore, a portion of shareholders’ distributions may be a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the fund is paid back to shareholders. 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 shareholders Form 1099-DIV for the calendar year that will tell shareholders how to report these distributions for federal income tax purposes.

About MFS Investment Management

Established in 1924, MFS is an active, global asset 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 March 31, 2014, MFS manages US$420.6 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information.

The Trusts are closed-end investment products. Shares of the Trusts are only available for purchase/sale, at the current market price, on the NYSE, with the exception of the MFS California Municipal Fund which is available for purchase only on the American Stock Exchange. Shares may trade at a discount to NAV.

MFS Investment Management
111 Huntington Ave., Boston, MA 02199

15668.67


© Business Wire 2014
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Robert James Manning Trustee
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