Aberdeen Multi-Market Income Fund

Frequently Asked Questions About MMT

What does MMT invest in?

MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc. The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S. and foreign issuers, corporate bonds of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries with an average duration of 5.1 years. The fund employs fundamental analysis with bottom-up stock picking approach while focusing on factors such as underlying credit quality, collateral characteristics, and indenture provisions, and the issuer’s management ability, capital structure, leverage, and ability to meet its current obligations. It seeks to benchmarks the performance of its portfolio against a combination of the Citigroup World Government Bond Non-Dollar Hedged Index, JPMorgan Emerging Markets Bond Index Global, Lehman Brothers U.S. Credit Bond Index, Lehman Brothers U.S. Government/Mortgage Bond Index, and Lehman Brothers U.S. High-Yield Corporate Bond Index. MFS Multimarket Income Trust was formed on March 12, 1987 and is domiciled in the Unites States.

What is the expense ratio of MMT?

Aberdeen Multi-Market Income Fund (MMT) charges an expense ratio of 2.86%. This is the annual fee deducted from fund assets to cover management and operations.

What is MMT's dividend yield?

MMT's trailing-twelve-month yield is 9.33%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MMT?

Effective duration measures MMT's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MMT's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MMT?

MMT's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MMT?

Yield to maturity (YTM) is the total return you'd earn from MMT if every bond in the portfolio is held to maturity at the current price. MMT's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.