The Board of Trustees of abrdn National Municipal Income Fund (NYSE American: VFL) have approved the reorganization of VFL into MFS Municipal Income Trust (NYSE: MFM), the “Surviving Fund.”
This reorganization is part of a broader proposal that would require shareholders of MFM to:
Appoint the US Subsidiary of Aberdeen Investments, abrdn Inc., to serve as the investment adviser to the Surviving Fund;
Appoint the incumbent VFL trustees plus one additional independent trustee to serve as the Surviving Fund’s board of trustees; and
Approve the issuance of shares in connection with the reorganization.
Upon closing, it is intended that the Surviving Fund’s name will change from “MFS Municipal Income Trust” to “Aberdeen Municipal Income Fund.”
