Company: MMT
Filing Date: 2025-12-12
Form Type: PRE 14A
Source: 0000930413-25-003631
Chunk: 37

Company: MFS MULTIMARKET INCOME TRUST
Filing Date: 2025-12-12
Form: PRE 14A
Chunk 37
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 Reorganization of CXE with and into MFM has occurred. If MMT or MFM shareholders do not approve their Share
Issuance Proposal, the Taxable Fund Mergers or the Municipal Fund Mergers, as applicable, will not occur, except that CIF’s
reorganization with and into MMT may be consummated without the approval of the Share Issuance Proposal by MMT’s shareholders
so long as the number of such Common Merger Shares issued in connection with such reorganization is less than 20 percent of the
number of MMT common shares outstanding before such issuance.

To the extent there are any transaction
costs (including brokerage commissions, transaction charges and related fees) associated with the sales and purchases made in connection
with each respective Reorganization, these will be borne by the respective Target Fund with respect to the portfolio transitioning
conducted before the Reorganizations and borne by the applicable Trust 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 Municipal Target Funds that utilize tender option bonds (“TOBs”), assets to unwind the TOBs structure, each
at the respective Target Fund’s expense in advance of the Closing Date. Following each Reorganization, each Combined Fund
expects to realign its portfolio in a manner consistent with its investment strategies and policies, which will be substantially
similar to the corresponding Trust’s current strategies and policies. Each Combined Fund may not be invested consistent with its
investment strategies or its investment manager’s investment approach while such realignment occurs. Such 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, MMT 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 $87,056, or 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,