Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 31

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 31
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 have developed
a certain level of familiarity with the investment philosophy, capabilities, personnel and ethics of Aberdeen and its affiliates.
The current Board believes that having trustees who are familiar with Aberdeen’s philosophy and investment approach is important
and will result in a more efficient transition. The appointments of the new investment adviser and the New Board are collectively
referred to as the “.” The current Board has determined that if the New
Management Agreements are approved by shareholders and entered into by the Trusts, it would be in the best interests of the Trusts
and their shareholders if new Trustees were elected to serve. This new slate of Trustees is described in the New Board Proposal.

If the Transaction Conditions as defined
below are satisfied for a Trust (including the election of the New Board by the shareholders of such Trust), the current Board
members would resign from their positions immediately prior to the Closing Date (as defined below), and the New Board would, if
elected, serve as Trustees of such Trust. As a result, the number of Trustees on the Board would be reduced from twelve (12) to
five (5). In addition, subject to the same conditions, the current officers of each Trust are expected to resign immediately prior
to the Closing Date (as defined below). The entry into office of the New Board would be effective as of the closing of the Transaction.

If approved, and subject to the satisfaction
of certain closing conditions, the Reorganizations are expected to close, and the Proposed Board and Management Changes are expected
to take effect, on or about June [ ], 2026, subject to operational considerations (the “”).
If the Closing Date is not June [ ], 2026, the Closing Date will be communicated to shareholders; otherwise, no further
notice will be provided.

Generally, if the applicable Share Issuance
Proposal is approved by shareholders of a Trust, and if a Reorganization is approved by a corresponding Target Fund, then each
such Trust would acquire all of the assets and liabilities of the corresponding Target Fund, and the common shares of each such
Target Fund would, in effect, be exchanged for new common shares of the corresponding Trust with an equal aggregate net asset value
(except for cash received in lieu of any fractional shares). The proposed reorganization of Target Fund VFL is subject to additional
contingencies as described in greater detail below and in the applicable Target Funds Prospectus/Proxy Statement. In addition, each Target Municipal Fund, except for VFL, has one series of