Company: MMT
Filing Date: 2025-12-11
Form Type: 425
Source: 0000930413-25-003611
Chunk: 1

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-11
Form: 425
Chunk 1
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deen Multi-Market Income Fund”.

The Reorganizations

Each Reorganization is subject to the receipt of necessary shareholder
approval by the respective Target Fund, as discussed further below.

| Target Fund                         | Surviving Fund               |
| MFS Charter Income Trust            | MFS Multimarket Income Trust |
| MFS Government Markets Income Trust |                              |
| MFS Intermediate High Income Fund   |                              |
| MFS Intermediate Income Trust       |                              |

The Reorganizations are intended to increase the scale, liquidity
and marketability of the Target Funds and the Surviving Fund, which may help reduce the discount to net asset value per share over time.
The Reorganizations will allow shareholders of each Target Fund and the Surviving Fund to continue their investment in a significantly
larger fund with the potential for a higher annual distribution rate. Each Target Fund and the Surviving Fund have similar investment
objectives and investment policies. Each Target Fund’s Board believes that the Reorganization is in the best interest of the applicable
Target Fund’s shareholders.

Required Approval of Each Target Fund’s Shareholders

Shareholders of each Target Fund as of December 11, 2025, will
be asked to approve their respective Reorganization at a special meeting of shareholders of each Target Fund, tentatively scheduled for
March 11, 2026. Shareholders of each Target Fund will receive a prospectus/proxy statement (the “Target Funds Prospectus/Proxy Statement”)
providing additional information and soliciting a vote in favor of the respective Target Fund’s Reorganization. Each Target Fund’s
Board has determined that the Reorganization of that Target Fund into the Surviving Fund is in the best interests of the Target Fund’s
shareholders and recommends shareholders vote in favor of their Target Fund’s Reorganization. If approved, the Reorganizations are
expected to consummate in the second quarter of 2026.

Issuance of Shares by the Surviving Fund

Shareholders of the Surviving Fund will be asked to approve the issuance
of additional common shares (the “Reorganization Shares”) to accommodate the Reorganizations. With the exception of the Reorganization
of MFS Intermediate High Income Fund, each Reorganization is contingent upon shareholder approval of the issuance of the Reorganization
Shares.

Appointment of Aberdeen Investments as Investment Adviser and the Election of New Trustees for the Surviving Fund

In addition to and in connection with the Reorganizations, the
Board of the Surviving Fund has approved (i) a new investment management agreement