Company: CIF
Filing Date: 2025-01-27
Form Type: N-CSR
Source: 0001683863-25-000338
Chunk: 29

Company: MFS INTERMEDIATE HIGH INCOME FUND
Filing Date: 2025-01-27
Form: N-CSR
Chunk 29
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 the fund’s net asset value can
differ depending on the source and method used to determine value. When fair valuation is used, the value of an investment used to determine the fund’s net asset value may differ from quoted or published prices
for the same investment. There can be no assurance that the fund could obtain the fair value assigned to an investment if it were to sell the investment at the same time at which the fund determines its net asset
value per share.

Various inputs are used in
determining the value of the fund's assets or liabilities. These inputs are categorized into three broad levels. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value
hierarchy. In such cases, an investment's level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fund's assessment of the significance of a
particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. Level 1 includes unadjusted quoted prices in active markets for identical assets or
liabilities. Level 2 includes other significant observable market-based inputs (including quoted prices for similar securities, interest rates, prepayment speed, and credit risk). Level 3 includes significant
unobservable inputs, which may include the adviser's own assumptions in determining the fair value of investments. Other financial instruments are derivative instruments, such as forward foreign currency exchange
contracts. The following is a summary of the levels used as of November 30, 2024 in valuing the fund's assets and liabilities:

44

Notes to Financial Statements - continued

| Financial Instruments                                     |    Level 1 |     Level 2 | Level 3 |       Total |
| Equity Securities:                                        |            |             |         |             |
| United States                                             |   $489,802 |          $— | $45,514 |    $535,316 |
| Luxembourg                                                |          — |      46,589 |       — |      46,589 |
| United Kingdom                                            |          — |       1,963 |       — |       1,963 |
| Non - U.S. Sovereign Debt                                 |          — |      99,017 |       — |      99,017 |
| U.S. Corporate Bonds                                      |          — |  38,339,388 |       — |  38,339,388 |
| Foreign Bonds                                             |          — |