Company: CIF
Filing Date: 2025-01-27
Form Type: N-CSR
Source: 0001683863-25-000338
Chunk: 38

Company: MFS INTERMEDIATE HIGH INCOME FUND
Filing Date: 2025-01-27
Form: N-CSR
Chunk 38
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 of MFS and MFSC.

Other — The fund invests in the MFS Institutional Money Market Portfolio which is managed by MFS and seeks current income consistent with preservation of capital and liquidity. This money market fund does not pay a management fee to MFS but does incur investment and operating costs.

(4) Portfolio Securities

For the year ended November 30,
2024, purchases and sales of investments, other than short-term obligations, aggregated $28,057,724 and $29,201,565, respectively.

(5) Shares of Beneficial
Interest

The fund's Declaration of Trust
permits the Trustees to issue an unlimited number of full and fractional shares of beneficial interest. The Trustees have authorized the repurchase by the fund of up to 10% annually of its own shares of beneficial
interest.

The fund repurchased 506,945 shares of beneficial
interest during the year ended November 30, 2024 at an average price per share of $1.71 and a weighted average discount of 7.85% per share. The fund repurchased 919,104 shares of beneficial

51

Notes to Financial Statements - continued

interest during the year ended November 30, 2023 at an average price per share of $1.64 and a weighted average discount of 8.56% per share. Transactions in fund shares were as follows:

|                                                                | Year ended 
   11/30/24 |            |     | Year ended 
   11/30/23 |              |
|                                                                |     Shares |     Amount |     |     Shares |       Amount |
| Shares issued to shareholders in reinvestment of distributions |          — |         $— |     |     13,107 |      $24,238 |
| Capital shares repurchased                                     |   -506,945 |   -865,747 |     |   -919,104 |   -1,510,335 |
| Net change                                                     |   -506,945 | $(865,747) |     |   -905,997 | $(1,486,097) |

(6) Loan Agreement The fund has a credit agreement with a bank for a revolving secured line of credit that can be drawn upon up to $17,000,000. At November 30, 2024, the fund had outstanding borrowings under this agreement in the amount of $15,000,000, which are secured by a lien on the fund’s assets. Costs directly related to the closing