MFS Intermediate High Income Fund Overview
Pro stress-test →MFS Intermediate High Income Fund is a diversified, closed-end management investment company that seeks high current income but may also consider capital appreciation. The Fund normally invests at least 80% of its net assets in high-income debt instruments.
Strategic Profile
Pro stress-test →The fund's investment strategy emphasizes intermediate maturities, generally targeting bonds and loans with durations ranging from two to seven years. The fund has adopted a managed distribution plan, which maintains its managed distribution level by distributing long-term capital gains and/or return of capital when sufficient investment income is not available.
Competitive Landscape
Pro stress-test →The fund is launched and managed by Massachusetts Financial Services Company (MFS), one of the oldest global asset managers headquartered in Boston. CIF competes with other closed-end income funds, CEF high-yield bond ETFs, and traditional corporate bond funds offering similar intermediate-duration fixed-income exposure.
Industry Context
MFS Intermediate High Income Fund operates in Closed-End Fixed Income Funds / High-Yield Corporate Debt.
Key facts
Founded: 1988 · Headquarters: Boston, US · Market cap: $29.4M