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

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 25
---
, date and sign it and return it promptly in the postage-paid envelope provided, or record your voting instructions by telephone or via the internet, no matter how large or small your holdings may be. If you submit a properly executed proxy but do not indicate how you wish your shares to be voted, your shares will be voted “FOR” the proposal, as applicable. If your shares are held through a broker, you must provide voting instructions to your broker about how to vote your shares in order for your broker to vote your shares as you instruct at the Special Meeting of your Trust.

| 13 |

<div align='center'>MFS MULTIMARKET INCOME
TRUST

MFS MUNICIPAL INCOME TRUST

Proxy Statement</div>

This Proxy Statement is furnished in
connection with the solicitation of proxies by and on behalf of the Board of Trustees of MFS Multimarket Income Trust and MFS Municipal
Income Trust, (each, a “” and collectively, the “”) to be used at the Special
Meeting of Shareholders of each Trust (each, a “”) to be held at [11:00 a.m.] (Eastern Time)
on [March 11, 2026] at 111 Huntington Avenue, Boston, Massachusetts 02199, for the purposes set forth in the accompanying
Notice of the Special Meeting of Shareholders (the “”). If the enclosed form of proxy is executed and
returned, it may nevertheless be revoked prior to its exercise by a signed writing filed with the proxy tabulation agent, EQ Fund
Solutions LLC (“”), 48 Wall Street, 22 ndFloor, New York, NY 10005, or delivered at a Special Meeting.

On December 11, 2025, the following number
of shares was outstanding for each Trust:

| Trust                        | # of Common        
 Shares Outstanding |     # of Preferred 
 Shares Outstanding |
| MFS Multimarket Income Trust | [TBU]              |                N/A |
| MFS Municipal Income Trust   | [TBU]              |                967 |

Shareholders of record at the close
of business on December 11, 2025, will be entitled to one vote for each share held, and each fractional share will be entitled
to a proportionate fractional vote. Each Trust will vote separately on each item proposed for that Trust; votes of multiple Trusts
will not be aggregated.

The mailing address of each Trust is
111 Huntington Avenue, Boston, Massachusetts