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

Company: MFS INTERMEDIATE HIGH INCOME FUND
Filing Date: 2025-01-27
Form: N-CSR
Chunk 25
---
 |          |
| Total notes payable outstanding (000 omitted)                                                             |    $15,000 |  $15,000 |  $16,000 |  $18,500 |  $18,500 |
| Asset coverage per $1,000 of indebtedness (k)                                                             |     $3,249 |   $3,241 |   $3,222 |   $3,429 |   $3,572 |

See Notes to Financial Statements

40

Financial Highlights – continued

| (d) | Per share data is based on average shares outstanding.                                                                                                                                                     |
| (j) | Total return at net asset value is calculated using the net asset value of the fund, not the publicly traded price and therefore may be different than the total return at market value.                   |
| (k) | Calculated by subtracting the fund's total liabilities (not including notes payable) from the fund's total assets and dividing this number by the notes payable outstanding and then multiplying by 1,000. |
| (r) | Certain expenses have been reduced without which performance would have been lower.                                                                                                                        |
| (s) | From time to time the fund may receive proceeds from litigation settlements, without which performance would be lower.                                                                                     |
| (w) | Per share amount was less than $0.01.                                                                                                                                                                      |
| (x) | The net asset values and total returns at net asset value have been calculated on net assets which include adjustments made in accordance with U.S. generally accepted accounting                          
 principles required at period end for financial reporting purposes.                                                                                                                                        |

See Notes to Financial Statements

41

### Notes to Financial Statements

### (1) Business and
Organization

MFS Intermediate High Income Fund
(the fund) is organized as a Massachusetts business trust and is registered under the Investment Company Act of 1940, as amended, as a diversified closed-end management investment company.

The fund is an investment company
and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services - Investment
Companies.

(2) Significant Accounting
Policies

General — The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ