MFS Intermediate Income Trust (NYSE: MIN) is a closed-end management investment company that offers investors exposure to an intermediate-duration fixed income portfolio. Managed by MFS Investment Management, the trust seeks to generate high current income while preserving capital through a diversified blend of debt securities. Shares trade on the New York Stock Exchange, providing liquidity and transparency to individual and institutional shareholders.
The trust’s investment strategy focuses primarily on investment-grade corporate bonds, U.S. government and agency securities, mortgage- and asset-backed securities, and taxable municipal obligations. The portfolio typically maintains a weighted average maturity in the intermediate range, aiming to balance income potential against interest rate sensitivity. A sector-neutral approach and rigorous credit research underpin the selection process, as the management team seeks opportunities across industries and credit quality tiers.
Established in 1986, MFS Intermediate Income Trust is one of the longest-running closed-end funds in the MFS family. MFS Investment Management, founded in 1924 and headquartered in Boston, supports the trust with a global fixed income research platform that includes seasoned portfolio managers and credit analysts. The trust is governed by an independent board of trustees, which oversees compliance with regulatory standards and alignment with shareholder interests.
While the bulk of the portfolio is allocated to U.S. issuers, managers may selectively invest in developed-market sovereign or corporate debt when attractive relative value emerges. The fund is designed for investors seeking a regular income stream through a professionally managed, income-oriented vehicle diversified across multiple segments of the fixed income universe.
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