Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 45

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 45
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offset post-ownership change gains to a specific “annual loss limitation amount” (generally the product of (i) the fair market value of the stock of such Fund, with certain adjustments, immediately prior to the Reorganization and (ii) a rate established by the IRS). Subject to certain limitations, any unused portion of these losses may be available in subsequent years, subject to the remaining portion of any applicable capital loss carryforward limit, as measured from the date of recognition.

Although the capital
loss carryforwards of each Combined Fund attributable to each applicable Target Fund that participates in a Reorganization (and
to each applicable Trust, if it undergoes an ownership change as a result of the Reorganizations) may be subject to tax loss limitation
rules (as outlined above), it is currently expected that such tax loss limitation rules should not have a material adverse effect
on a Combined Fund’s utilization of each such Fund’s capital loss carryforwards as compared with what each such Fund’s
utilization of its own capital loss carryforwards would be without the Reorganization. The ability of each Fund (and each Combined
Fund) to utilize any capital loss carryforwards now or in the future depends on many variables and assumptions, including but not
limited to, projected performance of a Fund, the unrealized gain/loss position of a Fund, the types of securities held by a Fund,
the current and future market environment (including the level of interest rates), portfolio turnover and applicable law, and is,
therefore, highly uncertain.

Repositioning of Trust Portfolios.
[To the extent a Trust expects to reposition its portfolio following the Reorganizations (as discussed above), the Trust may recognize
gain or loss from transfers of certain assets. Capital gains or losses realized in connection with any repositioning of a Trust’s
portfolio will depend on the value and adjusted basis of such Trust’s assets at the actual time of repositioning, if any.
As a result, shareholders of each Trust may pay more in taxes or pay taxes sooner than they would have had the Reorganizations
not occurred. 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, if the portfolio restructuring had occurred on August 31, 2025, this would have