# MFS CHARTER INCOME TRUST (MCR) — merger/definitive [completed]
Source: SEC API (secapi.ai) · situation sit_df7d203c69a06faa769e · retrieved 2026-08-11T15:59:14.091Z

## Overview
MFS Charter Income Trust is a closed-end fund that invests in taxable fixed-income securities.

On December 11, 2025, the Board of Trustees of MFS closed-end funds approved a reorganization of seven funds into two existing funds. Four taxable fixed-income funds—MFS Charter Income Trust (MCR), MFS Intermediate High Income Fund (CIF), MFS Government Markets Income Trust (MGF), and MFS Intermediate Income Trust (MIN)—will merge into MFS Multi-Market Income Trust (MMT). Three municipal bond funds—MFS High Income Municipal Trust (CXE), MFS High Yield Municipal Trust (CMU), and MFS Investment Grade Municipal Trust (CXH)—will merge into MFS Municipal Income Trust (MFM). abrdn Inc., a global specialist asset manager, will become the investment adviser for both MMT and MFM, and a new board of trustees will be appointed for both funds. Proxy materials have been mailed to shareholders for approval.

## Terms
- Counterparty: abrdn Inc.

## Key dates
- Announced 2026-02-11 · Completed 2026-06-22

## Timeline
- 2026-02-11 · 425 (0000930413-26-000397): 425 - MFS CHARTER INCOME TRUST — *MFS Charter Income Trust is a closed-end fund that invests in taxable fixed-income securities.* On December 11, 2025, the Board of Trustees of MFS closed-end funds approved a reorganization of seven funds into two existing funds. Four taxable fixed-income funds—MFS Charter Income Trust (MCR), MFS Intermediate High Income Fund (CIF), MFS Government Markets Income Trust (MGF), and MFS Intermediate Income Trust (MIN)—will merge into MFS Multi-Market Income Trust (MMT). Three municipal bond funds—MFS High Income Municipal Trust (CXE), MFS High Yield Municipal Trust (CMU), and MFS Investment Grade Municipal Trust (CXH)—will merge into MFS Municipal Income Trust (MFM). abrdn Inc., a global specialist asset manager, will become the investment adviser for both MMT and MFM, and a new board of trustees will be appointed for both funds. Proxy materials have been mailed to shareholders for approval.
  https://www.sec.gov/Archives/edgar/data/851170/0000930413-26-000397.txt
- 2026-06-22 · 25-NSE (0000876661-26-000548): 25-NSE
  https://www.sec.gov/Archives/edgar/data/851170/000087666126000548/xslF25X02/primary_doc.xml

## Citations
- 0000930413-26-000397 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000093041326000397
- 0000876661-26-000548 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000087666126000548