MFS Investment Management Announces Planned Liquidation of MFS Special Value Trust
MFS Special Value Trust (MFV)
US:NYSE Investor Relations:
mfs.com/en-us/individual-investor/product-strategies/closed-end-funds/mfv-mfs-special-value-trust.html
Company Research
Source: Business Wire
BOSTON--(BUSINESS WIRE)--MFS Investment Management® (“MFS®”) announced that, at a meeting held today, the Board of Trustees of MFS® Special Value Trust (the “fund”) (NYSE: MFV), a closed-end management investment company, approved a plan of liquidation and termination for the fund (the "liquidation"). The liquidation is currently expected to be completed on or about April 29, 2024.In determining to terminate and liquidate the fund, the fund's investment manager, MFS, and the Board considered a variety of factors, including the relatively small size of the fund and the nature of the fund's portfolio holdings. MFS and the Board also considered alternatives, including merging the fund into another investment company and modifying the strategy of the fund. On balance MFS and the Board determined that a liquidation would be in the best interests of the fund and its shareholders.Subsequent to the effective date of the plan of liquidation (on or about April 10, 2024), the fund will begin
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