Company: CXH
Filing Date: 2025-07-28
Form Type: N-CSRS
Source: 0001683863-25-006221
Chunk: 23

Company: MFS INVESTMENT GRADE MUNICIPAL TRUST
Filing Date: 2025-07-28
Form: N-CSRS
Chunk 23
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 "Fund"), is set forth below. Each portfolio manager is primarily responsible for the day-to-day management of the Fund. Geoffrey Schechter has announced his intention to retire effective September 30, 2025, and he will no longer be a portfolio manager of the Fund as of that date.

| Portfolio Manager  | Primary Role      | Since | Title and Five Year History                                   |
| Michael Dawson     | Portfolio Manager |  2007 | Investment Officer of MFS; employed in the investment area of |
|                    |                   |       | MFS since 1998.                                               |
| Jason Kosty        | Portfolio Manager |  2022 | Investment Officer of MFS; employed in the investment area of |
|                    |                   |       | MFS since 2003.                                               |
| Geoffrey Schechter | Portfolio Manager |  2007 | Investment Officer of MFS; employed in the investment         |
|                    |                   |       | management area of MFS since 1993.                            |

Compensation MFS’ philosophy is to align portfolio manager compensation with the goal to provide shareholders with long-term value through a collaborative investment process. Therefore, MFS uses long-term investment performance as well as contribution to the overall investment process and collaborative culture as key factors in determining portfolio manager compensation. In addition, MFS seeks to maintain total compensation programs that are competitive in the asset management industry in each geographic market where it has employees. MFS uses competitive compensation data to ensure that compensation practices are aligned with its goals of attracting, retaining, and motivating the highest-quality professionals. MFS reviews portfolio manager compensation annually. In determining portfolio manager compensation, MFS uses quantitative means and qualitative means to help ensure a durable investment process. As of December 31, 2023, portfolio manager total cash compensation is a combination of base salary and performance bonus: Base Salary– Base salary generally represents a smaller percentage of portfolio manager total cash compensation than performance bonus. Performance Bonus– Generally, the performance bonus represents more than a majority of portfolio manager total cash compensation. The performance bonus is based on a combination of quantitative and qualitative factors, generally with more weight given to the former and less weight given to the latter. The quantitative portion is primarily based on the pre-tax performance of accounts managed by the portfolio manager over a range of fixed-length time periods, intended to provide the ability to assess performance over time periods consistent with a full market cycle and a strategy's investment horizon. The fixed-length time periods include the portfolio manager's full tenure on each Fund