Company: CIF
Filing Date: 2025-01-27
Form Type: N-CSR
Source: 0001683863-25-000338
Chunk: 8

Company: MFS INTERMEDIATE HIGH INCOME FUND
Filing Date: 2025-01-27
Form: N-CSR
Chunk 8
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 makes any warranty, express 
 or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.               |

Notes to Performance Summary The fund’s shares may trade at a discount or premium to net asset value. When fund shares trade at a premium, buyers pay more than the net asset value of the underlying fund shares, and shares purchased at a premium would receive less than the amount paid for them in the event of the fund’s concurrent liquidation. The fund's target annual distribution rate is calculated based on an annual rate of 9.50% of the fund's average monthly net asset value, not a fixed share price, and the fund's distribution amount will fluctuate with changes in the fund's average monthly net assets. Performance results based on net asset value per share do not include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles and may differ from amounts reported in the Financial Highlights. From time to time the fund may receive proceeds from litigation settlements, without which performance would be lower. In accordance with Section 23(c) of the Investment Company Act of 1940, the fund hereby gives notice that it may from time to time repurchase shares of the fund in the open market at the option of the Board of Trustees and on such terms as the Trustees shall determine.

7

**Investment Objective, Principal Investment
Strategies and Principal Risks**

#### Investment Objective
The fund’s investment
objective is to seek high current income, but may also consider capital appreciation. The fund’s objective may be changed without shareholder approval.

#### Principal Investment Strategies
MFS normally invests at least 80% of
the fund’s net assets, including borrowings for investment purposes, in high income debt instruments.

MFS may invest the fund’s
assets in other types of debt instruments and equity securities.

MFS may invest up to 100% of the
fund’s assets in below investment grade quality debt instruments.

MFS may invest the fund’s
assets in foreign securities.

MFS normally invests the fund's
assets across different industries and sectors, but MFS may invest a significant percentage of the fund's assets in issuers in a single industry or sector.

The fund’s dollar-weighted
average effective maturity will normally be between three and ten years. In determining an instrument’s effective maturity, MFS uses the instrument’s stated maturity or, if applicable, an earlier