Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 77

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 77
---
 and that it was not possible to predict with certainty how Aberdeen’s
profitability actually would be affected by becoming the investment adviser to each Combined Fund but that they had been satisfied,
based on their review of the projected profitability of Aberdeen, that the profitability from its relationship with each Combined
Fund would not be excessive.

Other Benefits to Aberdeen

The Trustees considered so-called “fall-out
benefits” to Aberdeen such as reputational value derived from serving as investment manager to the Combined Funds; the benefits
from allocation of Combined Fund brokerage to improve trading efficiencies; and the fees that it and/or various affiliates would
receive for providing administration and investor relations services and to the Combined Fund, subject to approval by each Combined
Fund’s board of trustees. The Trustees considered that Aberdeen does not currently engage in commission sharing arrangements
or “soft dollars” and would not do so with respect to their management of the Combined Funds.

The Board concluded that, to the extent Aberdeen
or its affiliates derive other benefits from its relationship with the Combined Funds, those benefits are not so significant as
to render Aberdeen’s fees excessive.

The Trustees
also considered that MFS has a financial interest under the Purchase Agreement in having the Board and shareholders approve the
New Management Agreements.

Conclusion

Based on their evaluation of factors that they deemed to be material, including those factors described above, the Board of Trustees, including the independent Trustees, concluded to approve the New Management Agreements and recommend to shareholders the approval of each Combined Fund’s New Management Agreement.

EACH TRUST’S BOARD, INCLUDING THE INDEPENDENT TRUSTEES, RECOMMENDS THAT THE SHAREHOLDERS VOTE “FOR” THE PROPOSAL.

| 33 |

<div align='center'>PROPOSAL</div>

To elect Trustees to the Board of Trustees of
each Trust as outlined below:

a. For MMT, five (5) Trustees –
Christian Pittard, Nancy Yao, C. William Maher, Gordon Baird, and Todd Reit – to be elected by common shareholders of MMT.

b. For MFM, (i) three (3) Trustees
– Christian Pittard, Gordon Baird and Todd Reit – to be elected by common and preferred shareholders of MFM, voting
together as a single class; and ii) two (2) Trustees – Nancy Yao and C. William Maher – to be elected by preferred
shareholders of MFM only, voting as a separate class.

In each case, the new Trustees would