MFS Multimarket Income Trust sets 1-for-4 reverse stock split for Nov. 9
MMT•MFS Multimarket Income Trust will implement a 1-for-4 reverse stock split before trading opens on November 9, 2026. Its monthly distributions will retain an annualized rate of 11% of applicable average daily NAV, with per-share payouts expected to rise proportionately.
1. Reverse split details
The trust said the consolidation aims to increase its per-share market price without changing aggregate investment value, except for market fluctuations. Fractional share entitlements will be combined and sold, with net proceeds distributed to affected shareholders.
