SEC Filing Summary

Sit Investment Associates Inc. and Sit Fixed Income Advisors II LLC have increased their beneficial ownership of MFS Government Markets Income Trust (MGF) to 27.9% as of February 24, 2026. They acquired these shares through open market transactions for investment purposes on behalf of their clients. The Sit Entities have expressed opposition to a proposed reorganization plan where MGF would merge with MFS Multimarket Income Trust, citing significant differences in investment strategy and risk profiles. They believe the Acquiring Fund's potential to invest in junk bonds is unsuitable for MGF investors who are required to hold high-quality securities. The Sit Entities intend to continue reviewing their investment and may engage in discussions with the board and shareholders regarding the fund's performance, strategy, and potential changes, including nominating board members.