Sit Investment Associates Increases Stake in MFS Intermediate Income Trust to 27.5%

On April 22, 2026, Sit Investment Associates, Inc. (SIA) and its affiliate Sit Fixed Income Advisors II LLC (SFI) filed Amendment No. 2 to their Schedule 13D regarding MFS Intermediate Income Trust (MIN). The filing reports that the Sit Entities collectively beneficially own 31,271,265 shares of common stock, representing a 27.5% ownership stake based on 113,798,238 shares outstanding as of October 31, 2025. This amendment follows previous filings in February and March 2026. The reporting persons share voting and dispositive power over the reported shares, which are held across various client accounts. Exhibit A detail numerous transactions over the past 60 days, including a significant purchase of 500,000 shares on April 21, 2026, at $2.50 per share. Other notable activity includes a series of purchases throughout March and April 2026, offset by minor sales early in March. The filing confirms that no individual client account managed by SIA or SFI owns more than 5% of the issuer's outstanding shares.