MFS Investment Management® (MFS) today announced the
availability of information on the results of the weekly auctions for
the week ending December 19, 2008, that determine the dividend rate
payable on the auction rate preferred shares issued by the closed-end
funds identified below. The data is posted online at www.mfs.com
and can be accessed by clicking on “News & Commentary,” then “News
Room,” then “Closed-End Funds Press Releases.” The information pertains
to the following MFS closed-end funds:
MFS California Insured Municipal Fund (AMEX: CCA)
MFS High Income Municipal Trust (NYSE: CXE)
MFS High Yield Municipal Trust (NYSE: CMU)
MFS Investment Grade Municipal Trust (NYSE: CXH)
MFS Municipal Income Trust (NYSE: MFM)
MFS posts weekly auction rate market updates in the closed-end fund
press release section of MFS.com. This information is available at the
beginning of the following week, generally each Monday after 4pm.
Beginning January 5, 2009, MFS will discontinue issuing a weekly press
release to the marketplace regarding the updates.
MFS manages approximately $160 billion in assets on behalf of more than
5 million individual and institutional investors worldwide as of
September 30, 2008. The company traces its origins to 1924 and the
creation of America’s first mutual fund.
The Trusts are closed-end investment companies. Common shares of the
Trusts trade at the current market price, on the NYSE, except that the
common shares of the MFS California Insured Municipal Fund, are traded
only on the American Stock Exchange. Common shares may trade at a
discount to NAV. The auction rate preferred shares of the Trusts are not
listed for trading on any exchange and may only be traded in accordance
with the by-laws of the applicable Trust.
MFS Investment Management
500 Boylston St., Boston, MA 02116
14340.15
MFS Investment Management
MFS Shareholders or Advisors
(investment
product information)
Brian Mastrullo, 800-343-2829, ext. 57940
or
Media
Only:
John Reilly, 617-954-5305
or
Dan Flaherty,
617-954-4256
