MFS Investment Management Announces Liquidating Distribution for MFS California Municipal Fund
October 04 2019 - 1:00PM
Business Wire
MFS Investment Management® (MFS®) announced a liquidating
distribution for MFS® California Municipal Fund (NYSE American:
CCA), a closed-end management investment company ("the fund"). The
distribution is payable on October 4, 2019, to shareholders of
record at the close of business on September 11, 2019. The
liquidating distribution is being made pursuant to the fund’s plan
of liquidation and termination, as initially announced on July 19,
2019. The liquidating distribution will be paid entirely in cash
and will represent all of the fund’s net assets except for amounts
set aside for reasonably ascertainable liabilities and obligations
of the fund.
Details of the liquidating distribution:
Fund (ticker):
Record date:
Payable date:
Amount per share:
MFS® California Municipal Fund (NYSE
American: CCA)
September 11, 2019
October 4, 2019
$12.7345
About MFS Investment
Management
In 1924, MFS launched the first US open-end mutual fund, opening
the door to the markets for millions of everyday investors. Today,
as a full-service global investment manager serving financial
advisors, intermediaries and institutional clients, MFS still
serves a single purpose: to create long-term value for clients by
allocating capital responsibly. That takes our powerful investment
approach combining collective expertise, thoughtful risk management
and long-term discipline. Supported by our culture of shared values
and collaboration, our teams of diverse thinkers actively debate
ideas and assess material risks to uncover what we believe are the
best investment opportunities in the market. As at August 30, 2019,
MFS managed US$489.5 billion in assets on behalf of individual and
institutional investors worldwide.
Please visit mfs.com for more information.
Statements made in this release that look forward in time
involve risks and uncertainties and are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such risks and uncertainties include, without limitation,
the adverse effect from a decline in the securities markets or a
decline in a Fund’s performance, a general downturn in the economy,
competition from other closed-end investment companies, changes in
government policy or regulation, inability of a Fund’s investment
adviser to attract or retain key employees, inability of a Fund to
implement its investment strategy, inability of a Fund to manage
rapid expansion and unforeseen costs and other effects related to
legal proceedings or investigations of governmental and
self-regulatory organizations.
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