MFS® High Income Municipal Trust, MFS® High Yield Municipal Trust, and MFS® Investment Grade Municipal Trust Announce Partial Redemption of Remarketable Variable Rate MuniFund Term Preferred Shares

MFS® High Income Municipal Trust (NYSE:CXE), MFS® High Yield Municipal Trust (NYSE:CMU), and MFS® Investment Grade Municipal Trust (NYSE:CXH) have announced an optional partial redemption of their Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2051 (“Series 2051 RVMTP Shares”) on November 3, 2023. This redemption will reduce the leverage attributable to preferred shares for each fund.

On the Redemption Date, CXE will redeem up to 50 of the 865 Series 2051 RVMTP Shares, CXH will redeem up to 50 of the 488 Series 2051 RVMTP Shares, and CMU will redeem up to 100 of the 700 Series 2051 RVMTP Shares. The redemption price for each share will be equal to the liquidation preference of $100,000 per share, along with unpaid dividends and other distributions accumulated from the original issue date to, but excluding, the Redemption Date.

MFS Investment Management has satisfied all regulatory requirements related to the redemption of the Series 2051 RVMTP Shares. The Bank of New York Mellon will serve as the Tender and Paying Agent for the redemption process, with payment of the redemption price to be sent to the holders on the Redemption Date.

Investors should note that this press release contains forward-looking statements, which are subject to risks and uncertainties. The funds undertake no obligation to update or review any forward-looking statements.

MFS® High Income Municipal Trust, MFS® High Yield Municipal Trust, and MFS® Investment Grade Municipal Trust are closed-end investment company products advised by MFS Investment Management. These funds are not continuously offered and involve investment risk, including possible loss of principal. Shares may trade at a discount to the net asset value per share. They are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank.

MFS Investment Management, founded in 1924, is a global investment manager that serves financial advisors, intermediaries, and institutional clients. With a focus on creating long-term value for clients, MFS employs a powerful investment approach that combines collective expertise, thoughtful risk management, and long-term discipline. As of September 30, 2023, MFS manages $555.9 billion in assets under management.

For more information about MFS Investment Management, please visit mfs.com.