MFS Investment Management announced that effective after market close on July 2, 2026, abrdn Inc., the US subsidiary of Aberdeen Investments, will replace MFS as the investment adviser of the MFS Government Markets Income Trust and the MFS Intermediate Income Trust. On the same date, five new trustees will be appointed to each fund's board and the current trustees will resign. Following the change, MFS Government Markets Income Trust is intended to be renamed Aberdeen Government Markets Income Fund, and MFS Intermediate Income Trust is intended to be renamed Aberdeen Intermediate Income Fund.
Abrdn PLCabrdn will replace MFS as investment adviser for two funds, expanding its AUM and fee income.