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AI brief of an SEC Form 8-K · ABERDEEN INTERMEDIATE INCOME FUND (MIN)

MFS Intermediate Income Trust (MIN) revises investment objective to high current income

Neutral Impact 4 of 5 other Written later

The trust's Board of Trustees approved changes to its investment objective and policies, effective December 21, 2007. The objective moves from preserving capital and providing current income to seeking high current income, with capital appreciation as a secondary consideration, and the filing lists looser limits on investments, derivatives and maturity.

Key points

  • Objective changed from "preserve capital and provide current income" to "high current income but may also consider capital appreciation", effective December 21, 2007.
  • Average portfolio maturity range of 3 to 7 years changed to average portfolio life of 3 to 10 years.
  • Beginning January 2008, the fund seeks a monthly distribution at a fixed rate of up to 8.50% per year.
  • Percentage limits on certain investments and some derivatives limits were removed.

The filing

CompanyABERDEEN INTERMEDIATE INCOME FUND (MIN)
Form8-K, current report
Filed with the SECDec 28, 2007, 12:52 PM ET
Accession number0001193125-07-272740

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 28, 2007.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.