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

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 12
---
 applicable Combined Fund with respect to the portfolio transitioning conducted
after the Reorganizations. MFS expects that each Target Fund will dispose of assets that cannot be transferred in the Reorganization
and, for MFM and the Municipal Target Funds that utilize tender option bonds (“TOBs”)), assets to unwind the TOBs
structure, each at MFM’s and the applicable Municipal Target Fund’s expense in advance of the Closing Date. Any remaining
repositioning of the Trusts is anticipated to take approximately [20 days] following the closing of the Reorganizations, based
on current market conditions and assuming that the Target Funds’ holdings are the same as of August 31, 2025. Sales and
purchases of less liquid securities could take longer. Based on each Taxable Fund’s holdings as of August 31, 2025, the
MMT Combined Fund expects to reposition approximately 1.64% of its portfolio following the closing of the Taxable Fund Mergers,
assuming that all Taxable Fund Mergers are approved and consummated, which would generate an estimated $87,056or less than $0.001 per share, in transaction costs if such securities were sold on August 31, 2025. Based on each Municipal
Fund’s holdings as of August 31, 2025, the MFM Combined Fund expects to reposition approximately 3.18% of its portfolio
following the closing of the Municipal Fund Mergers, assuming that all Municipal Fund Mergers are approved and consummated, which
would generate an estimated $132,522, or $0.001 per share, in transaction costs if such securities were sold on August 31, 2025.
The portfolio transitioning pre- and post-Reorganizations may result in capital gains or losses, which may have U.S. federal income
tax consequences for shareholders of the Trusts. The foregoing estimates are subject to change depending on the composition of
the portfolio holdings transferred to each Trust at closing and market circumstances when the portfolio transitioning occurs.]

| 9. | Who                                                                              
 will bear the costs associated with the Special Meeting and each Reorganization? |

MFS and its affiliates and Aberdeen and its
affiliates will bear all direct costs and expenses incurred in connection with the Reorganizations and the Special Meetings, including,
but not limited to, proxy and proxy solicitation costs, printing and mailing

| 6 |

costs, legal fees, and listing, registration
and filing fees. To the