Mfs Intermediate Income Trust

What Mfs Intermediate Income Trust does

MFS Intermediate Income Trust is a U.S.-registered, non-diversified closed-end management investment company founded in 1988 and listed on the NYSE under ticker symbol MIN. The fund's investment objective is to provide high current income through a portfolio of fixed income securities, with a secondary objective of capital appreciation. As of the most recent disclosure (May 31, 2026), the fund delivered a five-year annualized return of 1.62% and a year-to-date return of 1.11%, and paid a monthly distribution of $0.01862 per share (June 2026), of which 62% was funded by return of capital rather than net investment income.

Effective after the close of business on July 2, 2026, abrdn Inc. (Aberdeen) replaced MFS Investment Management as the fund's investment adviser, and the fund was renamed Aberdeen Intermediate Income Fund while retaining its ticker (MIN) and CUSIP. Aberdeen's Global Fixed Income team assumed day-to-day management, preserving the same investment objective and fundamental policies. Five new trustees elected by shareholders on June 18, 2026 took office upon the adviser transition. The fund distributes through financial advisors at brokerage houses, financial institutions, financial planning firms, independent advisors, and defined contribution retirement platforms including 401(k) plans; it is not a direct-to-consumer product. The revenue model is fee-based at the adviser level: the adviser earns management fees on assets under management, with no fund-level revenue disclosed in the source data.

From a corporate-structure perspective, the trust was historically part of MFS Investment Management, a majority-owned subsidiary of Sun Life Financial (TSX/NYSE/PSE: SLF), which managed $654.9 billion in assets across 85 U.S. mutual funds and a global network of approximately 300 investment professionals. Aberdeen, the new adviser, manages $506 billion in assets across 27 closed-end funds globally, providing scale and fixed income specialization behind the renamed product.

Name

Mfs Intermediate Income Trust

Legal name

MFS Intermediate Income Trust

Website

https://mfs.com

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

MFS Intermediate Income Trust is a U.S.-registered closed-end fixed income fund listed on NYSE under ticker MIN, investing in fixed income securities for high current income. The fund transitioned to abrdn Inc. (Aberdeen) as adviser on July 2, 2026 and was renamed Aberdeen Intermediate Income Fund, distributing through financial advisors and 401(k) retirement platforms.

Ownership category

akta.pro rank

Product category

Closed-End Fixed Income Fund

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Fixed Income Mutual Funds (FSAAAEAB)

Keywords

• Closed-end fund
• Fixed income securities
• Investment management
• Monthly distributions
• Fixed income portfolio

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Management Fees: The fund generates revenue through management fees charged on assets under management. The investment adviser (formerly MFS Investment Management, now abrdn Inc.) receives management fees for managing the fund's portfolio of fixed income securities.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

MFS Intermediate Income Trust is a non-diversified, closed-end management investment company that invests in fixed income securities to provide shareholders with high current income and potential capital appreciation. The fund is listed on the NYSE under ticker symbol MIN and was managed by MFS Investment Management until July 2, 2026, when abrdn Inc. (Aberdeen) assumed the investment adviser role and the fund was renamed Aberdeen Intermediate Income Fund, while retaining its ticker, CUSIP, and fundamental investment policies.

Product overview

MFS Intermediate Income Trust was a single closed-end fund that completed its transition to Aberdeen Intermediate Income Fund on July 2, 2026. The fund maintains its investment objective and fundamental policies while being managed by Aberdeen's Global Fixed Income team. The fund's ticker symbol MIN and CUSIP remain unchanged. This was one of two MFS closed-end funds transitioning to Aberdeen management, along with MFS Government Markets Income Trust.

Differentiator

Problem solved

Functional benefit

Products and services

• Aberdeen Intermediate Income Fund (formerly MFS Intermediate Income Trust) A non-diversified, closed-end management investment company that invests in fixed income securities to provide shareholders with high current income and potential capital appreciation. The fund is listed on the NYSE under ticker MIN and is available through financial advisors, brokerage houses, defined contribution retirement platforms including 401(k) plans, and institutional channels.

Quantifiable outcome

• Five-year annualized return of 1.62% for the period ending May 31, 2026
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• abrdn Inc. (Aberdeen)coreStrategic or Co-development Partner · 2 July 2026abrdn Inc. (Aberdeen) assumed responsibility for the Fund's management from MFS Investment Management effective after the close of business on July 2, 2026. The fund was simultaneously renamed Aberdeen Intermediate Income Fund. Aberdeen's Global Fixed Income team manages the Fund while maintaining the same investment objective and fundamental policies. Five new trustees were elected by shareholders on June 18, 2026, contingent on Aberdeen's appointment.

Scale indicators10 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Western Asset Inflation-Linked Opportunities & Income Fund: Closed-end fixed-income fund with a focus on income generation, directly comparable to MIN in structure, asset class, and reliance on a large active fixed-income manager.
• Eaton Vance Tax-Managed Buy-Write Strategy Fund: NYSE-listed closed-end fund under Eaton Vance, comparable to MIN as a closed-end vehicle distributed through the same financial-advisor and retirement-platform channels.
• Western Asset Premier Bond Fund: Closed-end bond fund managed by Western Asset with a diversified fixed-income mandate, directly comparable to MIN in structure, asset class, and intermediary distribution model.
• Invesco Bond Fund: NYSE-listed closed-end fund investing primarily in fixed-income securities, structurally and strategically similar to MIN as a sponsor-managed, advisor-distributed income fund.
• Putnam Master Intermediate Income Trust: Closed-end fund with an intermediate fixed-income mandate, directly comparable to MIN in duration profile, distribution policy, and advisor-channel distribution.
• abrdn Income Credit Strategies Fund: Closed-end fund managed by Aberdeen's credit team, a direct peer under the same new investment adviser and a useful comparison for post-transition governance and strategy at MIN.
• DoubleLine Income Solutions Fund: Closed-end fund with an active fixed-income mandate and monthly distributions, directly comparable to MIN in mandate, distribution cadence, and financial-advisor go-to-market.
• BlackRock Income Trust: NYSE-listed closed-end income fund focused on fixed-income securities, directly comparable to MIN as a yield-oriented, fixed-income closed-end vehicle distributed through financial advisors.
• Nuveen Preferred & Income Term Fund: Closed-end income fund listed on NYSE with monthly distributions, comparable to MIN as a yield-focused, fixed-income closed-end vehicle distributed through intermediary channels.
• PIMCO Income Strategy Fund: Closed-end fund leveraging PIMCO's broader fixed-income platform, directly comparable to MIN in its reliance on a large asset manager's fixed-income capabilities and advisor distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/FOLLOWMFS
• YouTubeyoutube.com/followmfs
• Facebookfacebook.com/followmfs
• LinkedInlinkedin.com/company/mfs-investment-management

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mfs Intermediate Income Trust