Aberdeen Takes Over MFS Intermediate Income Trust, Renames It to Aberdeen Intermediate Income Fund
MIN•Aberdeen Inc assumed management of MFS Intermediate Income Trust on July 2, 2026, and the fund was renamed Aberdeen Intermediate Income Fund while retaining the ticker MIN. The fund’s investment objective and fundamental policies remain unchanged under a team-led approach from Aberdeen’s Global Fixed Income group.
1. Adviser and Name Change
After the close of the NYSE on July 2, 2026, abrdn Inc. officially replaced MFS Investment Management as investment adviser to the fund, which amended its declaration of trust to adopt the new name Aberdeen Intermediate Income Fund. The ticker symbol MIN and CUSIP 55273C107 remain unchanged, and the fund continues to trade on the NYSE.
2. Board Resignation and New Trustees
The prior board of trustees resigned concurrently with the management transition, and five new trustees—Todd Reit (Chair), Nancy Yao, C. William Maher, Gordon Baird and Christian Pittard—assumed their roles following shareholder election on June 18, 2026, contingent on Aberdeen’s appointment.
3. Management Team and Fund Objectives
Aberdeen’s Global Fixed Income team, led by Bill Bellinzoni, Bill Hines, Anthony Merola and Jonathan Mondillo, will jointly manage day-to-day operations. The fund’s existing investment objective and fundamental policies will remain intact under this team-based oversight.
