UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-4975
MFS MULTIMARKET INCOME TRUST
(Exact name of registrant as specified in charter)
500 Boylston Street, Boston, Massachusetts 02116
(Address of principal executive offices) (Zip code)
Susan S. Newton
Massachusetts Financial Services Company
500 Boylston Street
Boston, Massachusetts 02116
(Name and address of agents for service)
Registrant’s telephone number, including area code: (617) 954-5000
Date of fiscal year end: October 31
Date of reporting period: January 31, 2008
| ITEM 1. | SCHEDULE OF INVESTMENTS. |
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – 92.7% |
||||||
| Aerospace – 0.3% |
||||||
| Bombardier, Inc., 8%, 2014 (n) |
$ | 713,000 | $ | 745,085 | ||
| Hawker Beechcraft Acquisition Co., 8.5%, 2015 (n) |
600,000 | 595,500 | ||||
| TransDigm Group, Inc., 7.75%, 2014 |
365,000 | 366,812 | ||||
| $ | 1,707,397 | |||||
| Asset Backed & Securitized – 7.7% |
||||||
| ARCap REIT, Inc., CDO, “H”, 6.1%, 2045 (n) |
$ | 2,000,000 | $ | 800,000 | ||
| Asset Securitization Corp., FRN, 8.63%, 2029 |
1,427,551 | 1,549,182 | ||||
| Bayview Financial Acquisition Trust, FRN, 5.483%, 2041 |
1,130,000 | 1,115,911 | ||||
| Bayview Financial Revolving Mortgage Loan Trust, FRN, 4.085%, 2040 (z) |
4,000,000 | 3,200,000 | ||||
| Citigroup/Deutsche Bank Commercial Mortgage Trust, FRN, 5.366%, 2049 |
1,160,000 | 1,074,807 | ||||
| Countrywide Asset-Backed Certificates, FRN, 4.575%, 2035 |
161,436 | 160,498 | ||||
| Crest Ltd., CDO, 7%, 2040 |
2,000,000 | 1,522,060 | ||||
| DEPFA Bank, 5.5%, 2010 |
EUR | 960,000 | 1,473,791 | |||
| Deutsche Mortgage & Asset Receiving Corp., FRN, 7.5%, 2031 |
$ | 1,847,000 | 1,990,210 | |||
| DLJ Commercial Mortgage Corp., 6.04%, 2031 (z) |
2,000,000 | 2,013,718 | ||||
| Falcon Franchise Loan LLC, FRN, 3.932%, 2025 (i)(z) |
6,906,809 | 897,388 | ||||
| First Union National Bank Commercial Mortgage Trust, FRN, 1.175%, 2043 (i)(n) |
26,712,297 | 645,909 | ||||
| First Union-Lehman Brothers Bank of America, FRN, 0.665%, 2035 (i) |
44,327,949 | 511,815 | ||||
| First Union-Lehman Brothers Commercial Mortgage Trust, 7%, 2029 (n) |
1,479,675 | 1,565,434 | ||||
| GMAC Commercial Mortgage Securities, Inc., FRN, 6.02%, 2033 (z) |
2,542,000 | 2,515,531 | ||||
| GMAC Commercial Mortgage Securities, Inc., FRN, 7.917%, 2034 (n) |
1,853,000 | 1,947,624 | ||||
| JPMorgan Chase Commercial Mortgage Securities Corp., 5.552%, 2045 |
1,590,000 | 1,584,795 | ||||
| JPMorgan Chase Commercial Mortgage Securities Corp., FRN, 5.475%, 2043 |
1,590,000 | 1,582,122 | ||||
| JPMorgan Chase Commercial Mortgage Securities Corp., FRN, 6.065%, 2045 |
1,590,000 | 1,627,119 | ||||
| JPMorgan Chase Commercial Mortgage Securities Corp., FRN, 5.723%, 2047 |
600,374 | 429,057 | ||||
| JPMorgan Chase Commercial Mortgage Securities Corp., FRN, 6.26%, 2051 |
270,000 | 227,946 | ||||
| Lehman Brothers Commercial Conduit Mortgage Trust, FRN, 0.925%, 2030 (i) |
5,665,605 | 223,519 | ||||
| Merrill Lynch Mortgage Trust, FRN, 6.022%, 2050 |
270,000 | 224,949 | ||||
| Morgan Stanley Capital I, Inc., FRN, 1.46%, 2039 (i)(n) |
14,915,475 | 514,467 | ||||
| Mortgage Capital Funding, Inc., FRN, 0.723%, 2031 (i) |
10,411,846 | 22,627 | ||||
| Multi-Family Capital Access One, Inc., 6.65%, 2024 |
60,198 | 60,662 | ||||
| Prudential Securities Secured Financing Corp., FRN, 7.283%, 2013 (z) |
2,581,000 | 2,409,704 | ||||
| RMAC PLC, FRN, 5.102%, 2036 (n) |
EUR | 31,714 | 46,769 | |||
| Structured Asset Securities Corp., FRN, 4.67%, 2035 |
$ | 2,777,585 | 2,804,257 | |||
| Wachovia Bank Commercial Mortgage Trust, 4.935%, 2042 |
2,000,000 | 1,956,422 | ||||
| Wachovia Bank Commercial Mortgage Trust, FRN, 5.118%, 2042 |
1,375,626 | 1,371,414 | ||||
| Wachovia Bank Commercial Mortgage Trust, FRN, 5.383%, 2043 |
2,660,000 | 2,472,559 | ||||
| $ | 40,542,266 | |||||
| Automotive – 1.3% |
||||||
| Allison Transmission, Inc., 11%, 2015 (n) |
$ | 555,000 | $ | 466,200 | ||
| Continental AG, 6.875%, 2008 |
EUR | 100,000 | 151,982 | |||
| DaimlerChrysler N.A. Holdings Corp., 8.5%, 2031 |
$ | 1,251,000 | 1,564,736 | |||
| Ford Motor Credit Co. LLC, 7.375%, 2009 |
2,115,000 | 2,036,775 | ||||
| Ford Motor Credit Co. LLC, 8%, 2016 |
345,000 | 289,665 | ||||
| General Motors Acceptance Corp., 8.375%, 2033 |
827,000 | 671,938 | ||||
| Johnson Controls, Inc., 5.25%, 2011 |
1,180,000 | 1,214,337 | ||||
| TRW Automotive, Inc., 7%, 2014 (n) |
205,000 | 188,088 | ||||
| $ | 6,583,721 | |||||
| Broadcasting – 2.2% |
||||||
| Allbritton Communications Co., 7.75%, 2012 |
$ | 1,270,000 | $ | 1,266,825 | ||
| CBS Corp., 6.625%, 2011 |
1,043,000 | 1,089,981 | ||||
| Clear Channel Communications, Inc., 6.25%, 2011 |
1,310,000 | 1,167,234 | ||||
1
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – continued |
||||||
| Broadcasting – continued |
||||||
| Clear Channel Communications, Inc., 5.5%, 2014 |
$ | 675,000 | $ | 514,324 | ||
| Grupo Televisa S.A., 8.5%, 2032 |
463,000 | 556,989 | ||||
| Intelsat Jackson Holdings Ltd., 11.25%, 2016 |
355,000 | 355,000 | ||||
| Intelsat Ltd., 8.625%, 2015 |
305,000 | 303,856 | ||||
| Lamar Media Corp., 7.25%, 2013 |
1,460,000 | 1,441,750 | ||||
| Lamar Media Corp., 6.625%, 2015 |
305,000 | 288,988 | ||||
| Lamar Media Corp., 6.625%, 2015 |
365,000 | 345,838 | ||||
| LIN TV Corp., 6.5%, 2013 |
815,000 | 768,138 | ||||
| Local TV Finance LLC, 9.25%, 2015 (n)(p) |
595,000 | 520,625 | ||||
| News America, Inc., 7.7%, 2025 |
2,217,000 | 2,451,426 | ||||
| Univision Communications, Inc., 9.75%, 2015 (n)(p) |
1,020,000 | 762,450 | ||||
| $ | 11,833,424 | |||||
| Brokerage & Asset Managers – 1.7% |
||||||
| Goldman Sachs Group, Inc., 5.625%, 2017 |
$ | 2,378,000 | $ | 2,362,536 | ||
| INVESCO PLC, 5.625%, 2012 |
1,450,000 | 1,466,317 | ||||
| Lehman Brothers Holdings, Inc., 6.5%, 2017 |
1,270,000 | 1,297,941 | ||||
| Morgan Stanley, 5.75%, 2016 |
668,000 | 667,610 | ||||
| Morgan Stanley Dean Witter, Inc., 6.6%, 2012 |
2,538,000 | 2,700,683 | ||||
| Nuveen Investments, Inc., 10.5%, 2015 (n) |
300,000 | 291,000 | ||||
| $ | 8,786,087 | |||||
| Building – 0.5% |
||||||
| American Standard Cos., Inc., 7.375%, 2008 |
$ | 2,500,000 | $ | 2,500,000 | ||
| Building Materials Corp. of America, 7.75%, 2014 |
190,000 | 140,600 | ||||
| $ | 2,640,600 | |||||
| Business Services – 0.2% |
||||||
| SunGard Data Systems, Inc., 10.25%, 2015 |
$ | 1,200,000 | $ | 1,200,000 | ||
| Cable TV – 0.8% |
||||||
| CCH II Holdings LLC, 10.25%, 2010 |
$ | 380,000 | $ | 360,050 | ||
| CCO Holdings LLC, 8.75%, 2013 |
325,000 | 302,250 | ||||
| Cox Communications, Inc., 4.625%, 2013 |
1,744,000 | 1,695,674 | ||||
| TCI Communications, Inc., 9.8%, 2012 |
1,135,000 | 1,319,113 | ||||
| Videotron LTEE, 6.875%, 2014 |
345,000 | 333,788 | ||||
| $ | 4,010,875 | |||||
| Chemicals – 0.5% |
||||||
| Akzo Nobel N.V., 5.625%, 2009 |
EUR | 100,000 | $ | 151,187 | ||
| Linde Finance B.V., 6% to 2013, FRN to 2049 |
EUR | 101,000 | 146,266 | |||
| Momentive Performance Materials, Inc., 9.75%, 2014 |
$ | 655,000 | 592,775 | |||
| Mosaic Co., 7.875%, 2016 (n) |
810,000 | 874,800 | ||||
| Nalco Co., 7.75%, 2011 |
615,000 | 615,000 | ||||
| Nalco Co., 8.875%, 2013 |
95,000 | 96,425 | ||||
| $ | 2,476,453 | |||||
| Computer Software – 0.4% |
||||||
| Seagate Technology HDD Holdings, 6.375%, 2011 |
$ | 1,967,000 | $ | 1,957,165 | ||
| Conglomerates – 0.3% |
||||||
| Actuant Corp., 6.875%, 2017 (n) |
$ | 1,495,000 | $ | 1,450,150 | ||
| Thyssenkrupp Finance B.V., 7%, 2009 |
EUR | 100,000 | 152,866 | |||
| $ | 1,603,016 | |||||
| Consumer Goods & Services – 0.6% |
||||||
| Corrections Corp. of America, 6.25%, 2013 |
$ | 455,000 | $ | 452,725 | ||
| Fortune Brands, Inc., 5.125%, 2011 |
1,212,000 | 1,213,820 | ||||
2
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – continued |
||||||
| Consumer Goods & Services – continued |
||||||
| Service Corp. International, 7%, 2017 |
$ | 1,155,000 | $ | 1,131,900 | ||
| Service Corp. International, 7.625%, 2018 |
250,000 | 255,000 | ||||
| Sodexho Alliance S.A., 5.875%, 2009 |
EUR | 100,000 | 150,833 | |||
| Visant Holding Corp., 8.75%, 2013 |
$ | 108,000 | 104,490 | |||
| $ | 3,308,768 | |||||
| Containers – 1.2% |
||||||
| Crown Americas LLC, 7.75%, 2015 |
$ | 1,215,000 | $ | 1,236,263 | ||
| Greif, Inc., 6.75%, 2017 |
2,345,000 | 2,233,613 | ||||
| Owens-Brockway Glass Container, Inc., 8.875%, 2009 |
453,000 | 453,000 | ||||
| Owens-Brockway Glass Container, Inc., 8.25%, 2013 |
2,250,000 | 2,328,750 | ||||
| $ | 6,251,626 | |||||
| Defense Electronics – 0.2% |
||||||
| L-3 Communications Corp., 5.875%, 2015 |
$ | 1,145,000 | $ | 1,113,513 | ||
| Electronics – 0.2% |
||||||
| Flextronics International Ltd., 6.25%, 2014 |
$ | 685,000 | $ | 643,900 | ||
| NXP B.V./NXP Funding LLC, 7.875%, 2014 |
615,000 | 563,494 | ||||
| $ | 1,207,394 | |||||
| Emerging Market Quasi-Sovereign – 2.2% |
||||||
| Codelco, Inc., 5.625%, 2035 |
$ | 1,950,000 | $ | 1,789,973 | ||
| Gazprom International S.A., 7.201%, 2020 |
1,667,783 | 1,717,316 | ||||
| Gazprom International S.A., 6.51%, 2022 (n) |
1,260,000 | 1,190,700 | ||||
| Majapahit Holding B.V., 7.25%, 2017 (n) |
1,469,000 | 1,391,878 | ||||
| OAO Gazprom, 9.625%, 2013 |
550,000 | 634,590 | ||||
| OAO Gazprom, 6.212%, 2016 |
1,148,000 | 1,119,300 | ||||
| OAO Gazprom, 7.288%, 2037 (n) |
100,000 | 98,380 | ||||
| Pemex Project Funding Master Trust, 5.75%, 2018 (n) |
651,000 | 661,742 | ||||
| Ras Laffan Liquefied Natural Gas Co. Ltd., 8.294%, 2014 (n) |
2,510,000 | 2,832,196 | ||||
| $ | 11,436,075 | |||||
| Emerging Market Sovereign – 3.0% |
||||||
| Banco Central Del Peru, 0%, 2008 |
$ | 3,900,000 | $ | 1,310,970 | ||
| Brazil Notas do Tesouro Nacional, “B”, 6%, 2015 |
BRL | 49,233 | 25,525 | |||
| Federative Republic of Brazil, 6%, 2017 |
$ | 3,299,000 | 3,364,980 | |||
| Federative Republic of Brazil, 8%, 2018 |
615,000 | 694,950 | ||||
| Federative Republic of Brazil, 7.125%, 2037 |
100,000 | 109,000 | ||||
| Gabonese Republic, 8.2%, 2017 (n) |
972,000 | 1,014,525 | ||||
| JPMorgan Chase Bank (Federative Republic of Brazil, CLN), 10%, 2012 (z) |
BRL | 100,000 | 51,993 | |||
| JPMorgan Chase Bank (Federative Republic of Brazil, CLN), 10%, 2012 (z) |
BRL | 100,000 | 51,993 | |||
| JPMorgan Chase Bank (Federative Republic of Brazil, CLN), 10%, 2012 (z) |
BRL | 100,000 | 51,993 | |||
| JPMorgan Chase Bank (Federative Republic of Brazil, CLN), 10%, 2012 (z) |
BRL | 100,000 | 51,993 | |||
| Republic of Argentina, 7%, 2013 |
$ | 590,045 | 523,501 | |||
| Republic of Argentina, FRN, 5.389%, 2012 |
3,133,125 | 2,749,357 | ||||
| Republic of Colombia, 7.375%, 2017 |
1,237,000 | 1,355,752 | ||||
| Republic of Indonesia, 6.875%, 2018 (z) |
548,000 | 565,125 | ||||
| Republic of Panama, 9.375%, 2029 |
1,241,000 | 1,638,120 | ||||
| Republic of Panama, 6.7%, 2036 |
554,000 | 559,540 | ||||
| Republic of Philippines, 9.375%, 2017 |
597,000 | 739,504 | ||||
| United Mexican States, 5.625%, 2017 |
1,058,000 | 1,093,972 | ||||
| $ | 15,952,793 | |||||
| Energy - Independent – 1.3% |
||||||
| Chaparral Energy, Inc., 8.875%, 2017 (n) |
$ | 490,000 | $ | 409,150 | ||
| Chesapeake Energy Corp., 6.375%, 2015 |
420,000 | 407,400 | ||||
3
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – continued |
||||||
| Energy - Independent – continued |
||||||
| Chesapeake Energy Corp., 6.875%, 2016 |
$ | 1,310,000 | $ | 1,296,900 | ||
| Forest Oil Corp., 7.25%, 2019 (n) |
345,000 | 345,000 | ||||
| Hilcorp Energy I LP, 7.75%, 2015 (n) |
925,000 | 885,688 | ||||
| Newfield Exploration Co., 6.625%, 2014 |
645,000 | 635,325 | ||||
| OPTI Canada, Inc., 8.25%, 2014 (n) |
755,000 | 739,900 | ||||
| Plains Exploration & Production Co., 7%, 2017 |
1,015,000 | 964,250 | ||||
| Quicksilver Resources, Inc., 7.125%, 2016 |
595,000 | 577,150 | ||||
| Southwestern Energy Co., 7.5%, 2018 (z) |
515,000 | 529,163 | ||||
| $ | 6,789,926 | |||||
| Energy - Integrated – 0.2% |
||||||
| Petroleum Co. of Trinidad & Tobago Ltd., 6%, 2022 (n) |
$ | 423,000 | $ | 423,423 | ||
| TNK-BP Finance S.A., 7.5%, 2016 (n) |
490,000 | 475,300 | ||||
| $ | 898,723 | |||||
| Entertainment – 0.1% |
||||||
| AMC Entertainment, Inc., 11%, 2016 |
$ | 255,000 | $ | 252,450 | ||
| Turner Broadcasting System, Inc., 8.375%, 2013 |
419,000 | 470,977 | ||||
| $ | 723,427 | |||||
| Financial Institutions – 1.2% |
||||||
| Capmark Financial Group, Inc., 5.875%, 2012 (n) |
$ | 961,000 | $ | 703,058 | ||
| General Motors Acceptance Corp., 5.85%, 2009 |
962,000 | 935,689 | ||||
| General Motors Acceptance Corp., 6.875%, 2011 |
817,000 | 714,283 | ||||
| ILFC E-Capital Trust I, FRN, 5.9% to 2010, FRN to 2065 (n) |
2,500,000 | 2,303,615 | ||||
| International Lease Finance Corp., 5.625%, 2013 |
1,248,000 | 1,285,345 | ||||
| Residential Capital LLC, 7.625%, 2008 |
200,000 | 154,000 | ||||
| Residential Capital LLC, 8%, 2012 |
670,000 | 418,750 | ||||
| $ | 6,514,740 | |||||
| Food & Beverages – 0.8% |
||||||
| Allied Domecq Financial Services PLC, 5.875%, 2009 |
EUR | 125,000 | $ | 189,130 | ||
| ARAMARK Corp., 8.5%, 2015 |
$ | 920,000 | 915,400 | |||
| B&G Foods, Inc., 8%, 2011 |
375,000 | 363,750 | ||||
| Dean Foods Co., 7%, 2016 |
810,000 | 737,100 | ||||
| Del Monte Corp., 6.75%, 2015 |
185,000 | 172,050 | ||||
| General Mills, Inc., 5.65%, 2012 |
350,000 | 363,584 | ||||
| Tyson Foods, Inc., 6.85%, 2016 |
1,520,000 | 1,521,126 | ||||
| $ | 4,262,140 | |||||
| Food & Drug Stores – 0.3% |
||||||
| CVS Caremark Corp., 6.125%, 2016 |
$ | 1,300,000 | $ | 1,373,709 | ||
| Forest & Paper Products – 0.6% |
||||||
| Buckeye Technologies, Inc., 8.5%, 2013 |
$ | 795,000 | $ | 802,950 | ||
| Norske Skog Canada Ltd., 7.375%, 2014 |
1,210,000 | 898,425 | ||||
| Stora Enso Oyj, 6.404%, 2016 (n) |
1,580,000 | 1,576,628 | ||||
| UPM-Kymmene Corp., 6.125%, 2012 |
EUR | 100,000 | 149,469 | |||
| $ | 3,427,472 | |||||
| Gaming & Lodging – 1.6% |
||||||
| Harrah’s Operating Co., Inc., 5.375%, 2013 |
$ | 1,500,000 | $ | 1,020,000 | ||
| Harrah’s Operating Co., Inc., 10.75%, 2016 (z) |
385,000 | 348,425 | ||||
| Harrah’s Operating Co., Inc., 5.75%, 2017 |
40,000 | 24,000 | ||||
| Isle of Capri Casinos, Inc., 7%, 2014 |
420,000 | 323,400 | ||||
| Mandalay Resort Group, 9.375%, 2010 |
950,000 | 979,688 | ||||
| MGM Mirage, 8.375%, 2011 |
1,005,000 | 1,027,613 | ||||
| MGM Mirage, 6.75%, 2013 |
500,000 | 476,250 | ||||
4
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – continued |
||||||
| Gaming & Lodging – continued |
||||||
| MGM Mirage, 7.5%, 2016 |
$ | 940,000 | $ | 902,400 | ||
| Scientific Games Corp., 6.25%, 2012 |
825,000 | 744,563 | ||||
| Station Casinos, Inc., 6.5%, 2014 |
630,000 | 434,700 | ||||
| Station Casinos, Inc., 6.875%, 2016 |
695,000 | 472,600 | ||||
| Wyndham Worldwide Corp., 6%, 2016 |
360,000 | 343,607 | ||||
| Wynn Las Vegas LLC, 6.625%, 2014 |
1,155,000 | 1,113,131 | ||||
| $ | 8,210,377 | |||||
| Industrial – 0.3% |
||||||
| JohnsonDiversey Holdings, Inc., “B”, 9.625%, 2012 |
$ | 1,325,000 | $ | 1,344,875 | ||
| Insurance – 0.9% |
||||||
| Allianz AG, 5.5% to 2014, FRN to 2049 |
EUR | 140,000 | $ | 199,627 | ||
| American International Group, Inc., 6.25%, 2037 |
$ | 300,000 | 262,107 | |||
| ING Groep N.V., 5.775% to 2015, FRN to 2049 |
2,200,000 | 2,051,161 | ||||
| Prudential Financial, Inc., 5.1%, 2014 |
1,985,000 | 2,011,180 | ||||
| $ | 4,524,075 | |||||
| Insurance - Health – 0.1% |
||||||
| Centene Corp., 7.25%, 2014 |
$ | 475,000 | $ | 465,500 | ||
| Insurance - Property & Casualty – 1.6% |
||||||
| AIG SunAmerica Global Financing X, 6.9%, 2032 (n) |
$ | 2,384,000 | $ | 2,613,405 | ||
| Fund American Cos., Inc., 5.875%, 2013 |
1,464,000 | 1,501,292 | ||||
| USI Holdings Corp., FRN, 8.743%, 2014 (n) |
1,495,000 | 1,248,325 | ||||
| ZFS Finance USA Trust IV, FRN, 5.875%, 2032 (n) |
500,000 | 465,770 | ||||
| ZFS Finance USA Trust V, 6.5% to 2017, FRN to 2037(n) |
2,700,000 | 2,465,154 | ||||
| $ | 8,293,946 | |||||
| International Market Quasi-Sovereign – 4.1% |
||||||
| Canada Housing Trust, 4.6%, 2011 |
CAD | 389,000 | $ | 398,527 | ||
| Development Bank of Japan, 1.75%, 2010 |
JPY | 183,000,000 | 1,761,222 | |||
| Development Bank of Japan, 1.4%, 2012 |
JPY | 274,000,000 | 2,620,429 | |||
| Development Bank of Japan, 1.05%, 2023 |
JPY | 446,000,000 | 3,678,819 | |||
| Development Bank of Japan, 2.3%, 2026 |
JPY | 120,000,000 | 1,155,614 | |||
| Japan Finance Corp. for Municipal Enterprises, 1.55%, 2012 |
JPY | 275,000,000 | 2,656,878 | |||
| Japan Finance Corp. for Municipal Enterprises, 2%, 2016 |
JPY | 510,000,000 | 5,077,104 | |||
| KfW Bankengruppe, 1.35%, 2014 |
JPY | 432,000,000 | 4,115,503 | |||
| Vattenfall Treasury AB, 6%, 2010 |
EUR | 125,000 | 192,851 | |||
| $ | 21,656,947 | |||||
| International Market Sovereign – 8.8% |
||||||
| Federal Republic of Germany, 5.25%, 2010 |
EUR | 3,867,000 | $ | 5,991,308 | ||
| Federal Republic of Germany, 3.75%, 2015 |
EUR | 1,074,000 | 1,598,035 | |||
| Federal Republic of Germany, 6.25%, 2030 |
EUR | 1,544,000 | 2,866,304 | |||
| Government of Canada, 4.5%, 2015 |
CAD | 671,000 | 699,576 | |||
| Government of Canada, 5.75%, 2033 |
CAD | 236,000 | 290,707 | |||
| Kingdom of Denmark, 4%, 2015 |
DKK | 4,203,000 | 841,877 | |||
| Kingdom of Netherlands, 3.75%, 2009 |
EUR | 5,181,000 | 7,719,109 | |||
| Kingdom of Netherlands, 3.75%, 2014 |
EUR | 1,061,000 | 1,578,739 | |||
| Kingdom of Spain, 5.35%, 2011 |
EUR | 2,725,000 | 4,293,433 | |||
| Kingdom of Sweden, 4.5%, 2015 |
SEK | 2,610,000 | 427,063 | |||
| Republic of Austria, 4.65%, 2018 |
EUR | 2,632,000 | 4,102,265 | |||
| Republic of France, 4.75%, 2012 |
EUR | 760,000 | 1,183,810 | |||
| Republic of France, 5%, 2016 |
EUR | 1,274,000 | 2,036,714 | |||
| Republic of France, 6%, 2025 |
EUR | 511,000 | 908,320 | |||
| Republic of France, 4.75%, 2035 |
EUR | 2,099,000 | 3,227,432 | |||
5
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – continued |
||||||
| International Market Sovereign – continued |
||||||
| Republic of Ireland, 4.6%, 2016 |
EUR | 2,023,000 | $ | 3,137,330 | ||
| United Kingdom Treasury, 8%, 2015 |
GBP | 829,000 | 2,026,208 | |||
| United Kingdom Treasury, 8%, 2021 |
GBP | 583,000 | 1,553,506 | |||
| United Kingdom Treasury, 4.25%, 2036 |
GBP | 803,000 | 1,569,086 | |||
| $ | 46,050,822 | |||||
| Machinery & Tools – 0.2% |
||||||
| Case New Holland, Inc., 7.125%, 2014 |
$ | 820,000 | $ | 817,950 | ||
| Major Banks – 1.8% |
||||||
| Bank of Ireland, 7.4%, 2049 |
EUR | 500,000 | $ | 754,282 | ||
| BNP Paribas, 5.186% to 2015, FRN to 2049 (n) |
$ | 2,099,000 | 1,905,984 | |||
| BNP Paribas Capital Trust III, 6.625% to 2011, FRN to 2049 |
EUR | 100,000 | 151,935 | |||
| MUFG Capital Finance 1 Ltd., 6.346% to 2016, FRN to 2049 |
$ | 1,568,000 | 1,494,947 | |||
| National Westminster Bank PLC, 6.625% to 2009, FRN to 2049 |
EUR | 330,000 | 504,056 | |||
| Royal Bank of Scotland Group PLC, 6.99% to 2017, FRN to 2049 (n) |
$ | 230,000 | 230,060 | |||
| SG Capital Trust I, 7.875% to 2010, FRN to 2049 |
EUR | 300,000 | 461,205 | |||
| Unicredito Luxembourg Finance S.A., 6%, 2017 (n) |
$ | 990,000 | 1,001,824 | |||
| Wachovia Capital Trust III, 5.8% to 2011, FRN to 2042 |
4,068,000 | 3,213,720 | ||||
| $ | 9,718,013 | |||||
| Medical & Health Technology & Services – 2.7% |
||||||
| Community Health Systems, Inc., 8.875%, 2015 |
$ | 1,040,000 | $ | 1,046,500 | ||
| Cooper Cos., Inc., 7.125%, 2015 |
1,260,000 | 1,197,000 | ||||
| Covidien Ltd., 6%, 2017 (n) |
420,000 | 436,025 | ||||
| Covidien Ltd., 6.55%, 2037 (n) |
250,000 | 254,859 | ||||
| DaVita, Inc., 6.625%, 2013 |
300,000 | 295,500 | ||||
| DaVita, Inc., 7.25%, 2015 |
1,540,000 | 1,532,300 | ||||
| Fisher Scientific International, Inc., 6.125%, 2015 |
1,500,000 | 1,510,287 | ||||
| HCA, Inc., 8.75%, 2010 |
1,315,000 | 1,318,288 | ||||
| HCA, Inc., 6.375%, 2015 |
500,000 | 426,250 | ||||
| HCA, Inc., 9.25%, 2016 |
1,645,000 | 1,725,194 | ||||
| Hospira, Inc., 5.55%, 2012 |
360,000 | 374,703 | ||||
| Hospira, Inc., 6.05%, 2017 |
1,248,000 | 1,288,585 | ||||
| LVB Acquisition Merger Sub, Inc., 10%, 2017 (n) |
900,000 | 927,000 | ||||
| Owens & Minor, Inc., 6.35%, 2016 |
1,420,000 | 1,457,187 | ||||
| Psychiatric Solutions, Inc., 7.75%, 2015 |
580,000 | 571,300 | ||||
| $ | 14,360,978 | |||||
| Metals & Mining – 1.9% |
||||||
| Arch Western Finance LLC, 6.75%, 2013 |
$ | 455,000 | $ | 440,213 | ||
| FMG Finance Ltd., 10.625%, 2016 (n) |
1,405,000 | 1,594,675 | ||||
| Foundation PA Coal Co., 7.25%, 2014 |
710,000 | 699,350 | ||||
| Freeport-McMoRan Copper & Gold, Inc., 8.375%, 2017 |
1,445,000 | 1,535,313 | ||||
| Freeport-McMoRan Copper & Gold, Inc., FRN, 8.394%, 2015 |
640,000 | 628,000 | ||||
| International Steel Group, Inc., 6.5%, 2014 |
1,300,000 | 1,373,685 | ||||
| Peabody Energy Corp., 5.875%, 2016 |
720,000 | 673,200 | ||||
| Peabody Energy Corp., 7.375%, 2016 |
45,000 | 46,013 | ||||
| Peabody Energy Corp., “B”, 6.875%, 2013 |
630,000 | 625,275 | ||||
| Steel Dynamics, Inc., 7.375%, 2012 (n) |
2,380,000 | 2,374,050 | ||||
| $ | 9,989,774 | |||||
| Mortgage Backed – 9.7% |
||||||
| Fannie Mae, 6%, 2017 - 2037 |
$ | 7,857,220 | $ | 8,069,445 | ||
| Fannie Mae, 4.78%, 2015 |
700,779 | 713,091 | ||||
| Fannie Mae, 5.5%, 2021 - 2035 |
9,870,055 | 10,045,476 | ||||
| Fannie Mae, 5%, 2027 - 2035 |
5,890,993 | 5,907,941 | ||||
6
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – continued |
||||||
| Mortgage Backed – continued |
||||||
| Fannie Mae, 6.5%, 2031 - 2032 |
1,226,033 | $ | 1,280,933 | |||
| Freddie Mac, 6%, 2021 - 2036 |
9,347,026 | 9,594,199 | ||||
| Freddie Mac, 5%, 2024 |
274,933 | 278,707 | ||||
| Freddie Mac, 5.5%, 2036 |
14,648,451 | 14,835,372 | ||||
| $ | 50,725,164 | |||||
| Natural Gas - Distribution – 0.5% |
||||||
| AmeriGas Partners LP, 7.25%, 2015 |
$ | 1,030,000 | $ | 1,017,125 | ||
| AmeriGas Partners LP, 7.125%, 2016 |
555,000 | 539,738 | ||||
| Inergy LP, 6.875%, 2014 |
870,000 | 841,725 | ||||
| $ | 2,398,588 | |||||
| Natural Gas - Pipeline – 2.1% |
||||||
| Atlas Pipeline Partners LP, 8.125%, 2015 |
$ | 1,905,000 | $ | 1,828,800 | ||
| CenterPoint Energy, Inc., 7.875%, 2013 |
1,250,000 | 1,411,006 | ||||
| Deutsche Bank (El Paso Performance-Linked Trust, CLN), 7.75%, 2011 (n) |
2,015,000 | 2,072,351 | ||||
| El Paso Corp., 7.75%, 2032 |
380,000 | 377,845 | ||||
| Kinder Morgan Energy Partners LP, 5.125%, 2014 |
1,147,000 | 1,140,135 | ||||
| Knight, Inc., 7.25%, 2028 |
525,000 | 476,155 | ||||
| Spectra Energy Capital LLC, 8%, 2019 |
691,000 | 811,342 | ||||
| Williams Cos., Inc., 8.75%, 2032 |
1,750,000 | 2,091,250 | ||||
| Williams Partners LP, 7.25%, 2017 |
765,000 | 791,775 | ||||
| $ | 11,000,659 | |||||
| Network & Telecom – 2.2% |
||||||
| BellSouth Corp., 6.55%, 2034 |
$ | 3,213,000 | $ | 3,264,607 | ||
| Citizens Communications Co., 9.25%, 2011 |
1,285,000 | 1,368,525 | ||||
| Citizens Communications Co., 9%, 2031 |
870,000 | 826,500 | ||||
| Deutsche Telekom International Finance B.V., 8.125%, 2012 |
EUR | 130,000 | 215,520 | |||
| Nordic Telephone Co. Holdings, 8.875%, 2016 (n) |
$ | 640,000 | 649,600 | |||
| Qwest Corp., 7.875%, 2011 |
295,000 | 304,219 | ||||
| Qwest Corp., 8.875%, 2012 |
950,000 | 1,003,438 | ||||
| Telefonica Europe B.V., 7.75%, 2010 |
1,500,000 | 1,621,919 | ||||
| TELUS Corp., 8%, 2011 |
1,309,000 | 1,441,701 | ||||
| Windstream Corp., 8.625%, 2016 |
1,040,000 | 1,076,400 | ||||
| $ | 11,772,429 | |||||
| Oil Services – 0.4% |
||||||
| Basic Energy Services, Inc., 7.125%, 2016 |
$ | 720,000 | $ | 676,800 | ||
| Compagnie Generale de Geophysique - Veritas, 7.75%, 2017 |
510,000 | 504,900 | ||||
| GulfMark Offshore, Inc., 7.75%, 2014 |
760,000 | 771,400 | ||||
| $ | 1,953,100 | |||||
| Oils – 0.5% |
||||||
| Premcor Refining Group, Inc., 7.5%, 2015 |
$ | 2,575,000 | $ | 2,711,660 | ||
| Other Banks & Diversified Financials – 2.3% |
||||||
| Alfa Diversified Payment Rights Finance Co. S.A., FRN, 6.89%, 2011 (n) |
$ | 2,007,200 | $ | 1,926,912 | ||
| Banco do Estado de Sao Paulo S.A., 8.7%, 2010 |
9,000 | 9,191 | ||||
| Banco do Estado de Sao Paulo S.A., 8.7%, 2049 (n) |
347,000 | 354,374 | ||||
| Banco Mercantil del Norte S.A., 5.875% to 2009, FRN to 2014 (n) |
655,000 | 646,813 | ||||
| Bosphorus Financial Services Ltd., FRN, 6.668%, 2012 |
2,000,000 | 1,983,436 | ||||
| Fifth Third Bancorp, 5.45%, 2017 |
714,000 | 694,079 | ||||
| Fortis Capital Co., 6.25% to 2009, FRN to 2049 |
EUR | 155,000 | 231,731 | |||
| ICICI Bank Ltd., 6.625%, 2012 (n) |
$ | 71,000 | 67,763 | |||
| Mizuho Capital Investment 1 Ltd., 6.686% to 2016, FRN to 2049 (n) |
1,220,000 | 1,099,964 | ||||
| Mizuho Financial Group, Inc., 5.79%, 2014 (n) |
1,633,000 | 1,673,864 | ||||
7
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – continued |
||||||
| Other Banks & Diversified Financials – continued |
||||||
| Resona Bank Ltd., FRN, 5.85% to 2016, FRN to 2049 (n) |
$ | 626,000 | $ | 578,514 | ||
| Russian Standard Finance S.A., 8.625%, 2011 (n) |
577,000 | 540,938 | ||||
| VTB Capital S.A., 6.609%, 2012 (n) |
695,000 | 688,050 | ||||
| Woori Bank, 6.125% to 2011, FRN to 2016 (n) |
1,510,000 | 1,534,539 | ||||
| $ | 12,030,168 | |||||
| Pollution Control – 0.1% |
||||||
| Veolia Environnement, 5.875%, 2008 |
EUR | 250,000 | $ | 373,734 | ||
| Precious Metals & Minerals – 0.1% |
||||||
| Alrosa Finance S.A., 8.875%, 2014 |
$ | 716,000 | $ | 770,774 | ||
| Printing & Publishing – 1.2% |
||||||
| American Media Operations, Inc., 10.25%, 2009 |
$ | 507,000 | $ | 377,715 | ||
| American Media Operations, Inc., 10.25%, 2009 |
18,434 | 13,733 | ||||
| Bertelsmann U.S. Finance, Inc., 4.625%, 2010 |
EUR | 148,000 | 220,347 | |||
| Dex Media West LLC, 9.875%, 2013 |
$ | 567,000 | 578,340 | |||
| Idearc, Inc., 8%, 2016 |
3,065,000 | 2,743,175 | ||||
| Nielsen Finance LLC, 10%, 2014 |
360,000 | 363,600 | ||||
| R.H. Donnelley Corp., 8.875%, 2016 |
1,890,000 | 1,620,675 | ||||
| Reed Elsevier Capital, Inc., 5.75%, 2008 |
EUR | 125,000 | 186,651 | |||
| $ | 6,104,236 | |||||
| Railroad & Shipping – 0.3% |
||||||
| TFM S.A. de C.V., 9.375%, 2012 |
$ | 1,424,000 | $ | 1,466,720 | ||
| Real Estate – 0.5% |
||||||
| HRPT Properties Trust, REIT, 6.25%, 2016 |
$ | 663,000 | $ | 628,444 | ||
| Kimco Realty Corp., REIT, 5.783%, 2016 |
720,000 | 683,675 | ||||
| Simon Property Group, Inc., REIT, 4.6%, 2010 |
1,375,000 | 1,373,710 | ||||
| $ | 2,685,829 | |||||
| Restaurants – 0.3% |
||||||
| YUM! Brands, Inc., 8.875%, 2011 |
$ | 1,590,000 | $ | 1,770,249 | ||
| Retailers – 0.9% |
||||||
| Couche-Tard, Inc., 7.5%, 2013 |
$ | 905,000 | $ | 899,344 | ||
| Federated Retail Holdings, Inc., 5.35%, 2012 |
300,000 | 291,800 | ||||
| Gap, Inc., 10.05%, 2008 |
2,710,000 | 2,769,620 | ||||
| Home Depot, Inc., 5.25%, 2013 |
450,000 | 439,800 | ||||
| Home Depot, Inc., 5.875%, 2036 |
648,000 | 540,770 | ||||
| $ | 4,941,334 | |||||
| Specialty Stores – 0.2% |
||||||
| GSC Holdings Corp., 8%, 2012 |
$ | 440,000 | $ | 456,500 | ||
| LVMH Moet Hennessy Louis Vuitton S.A., 4.625%, 2011 |
EUR | 125,000 | 186,315 | |||
| Payless ShoeSource, Inc., 8.25%, 2013 |
$ | 255,000 | 234,600 | |||
| $ | 877,415 | |||||
| Supermarkets – 0.4% |
||||||
| Delhaize America, Inc., 9%, 2031 |
$ | 983,000 | $ | 1,161,870 | ||
| Stater Brothers Holdings, Inc., 7.75%, 2015 |
350,000 | 329,000 | ||||
| SUPERVALU, Inc., 7.5%, 2014 |
372,000 | 377,115 | ||||
| $ | 1,867,985 | |||||
| Supranational – 0.4% |
||||||
| Central American Bank, 4.875%, 2012 (n) |
$ | 521,000 | $ | 532,945 | ||
| European Investment Bank, 5.125%, 2017 |
1,500,000 | 1,629,392 | ||||
| $ | 2,162,337 | |||||
8
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – continued |
||||||
| Telecommunications - Wireless – 1.3% |
||||||
| Alltel Corp., 7%, 2012 |
$ | 534,000 | $ | 453,900 | ||
| American Tower Corp., 7%, 2017 (n) |
250,000 | 247,500 | ||||
| Centennial Communications Corp., 10.125%, 2013 |
155,000 | 158,488 | ||||
| MetroPCS Wireless, Inc., 9.25%, 2014 |
500,000 | 460,000 | ||||
| Nextel Communications, Inc., 5.95%, 2014 |
1,305,000 | 1,151,254 | ||||
| OJSC Vimpel-Communications, 8.25%, 2016 |
1,459,000 | 1,457,249 | ||||
| Rogers Cable, Inc., 5.5%, 2014 |
1,975,000 | 1,946,135 | ||||
| Rogers Wireless, Inc., 7.5%, 2015 |
980,000 | 1,070,742 | ||||
| $ | 6,945,268 | |||||
| Telephone Services – 0.3% |
||||||
| Embarq Corp., 7.082%, 2016 |
$ | 1,760,000 | $ | 1,781,336 | ||
| Tobacco – 0.6% |
||||||
| Altria Group, Inc., 5.625%, 2008 |
EUR | 75,000 | $ | 111,771 | ||
| Reynolds American, Inc., 6.75%, 2017 |
$ | 3,016,000 | 3,113,586 | |||
| $ | 3,225,357 | |||||
| Transportation - Services – 0.3% |
||||||
| Hertz Corp., 8.875%, 2014 |
$ | 685,000 | $ | 661,025 | ||
| Westinghouse Air Brake Technologies Corp., 6.875%, 2013 |
795,000 | 779,100 | ||||
| $ | 1,440,125 | |||||
| U.S. Government Agencies – 1.1% |
||||||
| Freddie Mac, 5.5%, 2017 |
$ | 5,200,000 | $ | 5,718,294 | ||
| U.S. Treasury Obligations – 10.0% |
||||||
| U.S. Treasury Bonds, 7.5%, 2016 |
$ | 2,075,000 | $ | 2,676,588 | ||
| U.S. Treasury Bonds, 5.375%, 2031 |
3,386,000 | 3,880,410 | ||||
| U.S. Treasury Bonds, 4.5%, 2036 (f) |
12,628,000 | 12,909,175 | ||||
| U.S. Treasury Notes, 4.625%, 2012 |
26,000,000 | 28,049,528 | ||||
| U.S. Treasury Notes, 6.375%, 2027 |
4,000,000 | 5,055,936 | ||||
| $ | 52,571,637 | |||||
| Utilities - Electric Power – 5.2% |
||||||
| AES Corp., 9.375%, 2010 |
$ | 1,250,000 | $ | 1,306,250 | ||
| Allegheny Energy Supply Co. LLC, 8.25%, 2012 (n) |
805,000 | 861,350 | ||||
| Beaver Valley Funding Corp., 9%, 2017 |
2,509,000 | 2,697,175 | ||||
| Dynegy Holdings, Inc., 7.5%, 2015 |
535,000 | 498,888 | ||||
| Edison Mission Energy, 7%, 2017 |
1,970,000 | 1,915,825 | ||||
| EDP Finance B.V., 6%, 2018 (n) |
1,340,000 | 1,373,783 | ||||
| EEB International Ltd., 8.75%, 2014 (n) |
550,000 | 565,125 | ||||
| Enersis S.A., 7.375%, 2014 |
1,283,000 | 1,365,052 | ||||
| Exelon Generation Co. LLC, 6.95%, 2011 |
2,506,000 | 2,654,709 | ||||
| HQI Transelec Chile S.A., 7.875%, 2011 |
883,000 | 944,710 | ||||
| Intergen N.V., 9%, 2017 (n) |
895,000 | 933,038 | ||||
| ISA Capital do Brasil S.A., 7.875%, 2012 (n) |
464,000 | 472,120 | ||||
| Mirant Americas Generation LLC, 8.3%, 2011 |
200,000 | 202,000 | ||||
| Mirant North America LLC, 7.375%, 2013 |
1,500,000 | 1,500,000 | ||||
| NiSource Finance Corp., 7.875%, 2010 |
1,155,000 | 1,247,302 | ||||
| NorthWestern Corp., 5.875%, 2014 |
1,695,000 | 1,698,461 | ||||
| NRG Energy, Inc., 7.375%, 2016 |
2,210,000 | 2,135,413 | ||||
| Reliant Energy, Inc., 7.875%, 2017 |
915,000 | 892,125 | ||||
| RWE Finance B.V., 5.375%, 2008 |
EUR | 6,000 | 8,940 | |||
| Sierra Pacific Resources, 8.625%, 2014 |
$ | 300,000 | 321,610 | |||
| System Energy Resources, Inc., 5.129%, 2014 (n) |
1,861,814 | 1,947,532 | ||||
9
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Bonds – continued |
||||||
| Utilities - Electric Power – continued |
||||||
| Waterford 3 Funding Corp., 8.09%, 2017 |
$ | 1,813,005 | $ | 1,833,745 | ||
| $ | 27,375,153 | |||||
| Total Bonds |
$ | 486,704,118 | ||||
| Floating Rate Loans – 1.8% (g)(r) |
||||||
| Aerospace – 0.1% |
||||||
| Hawker Beechcraft Acquisition Co., Letter of Credit, 6.93%, 2014 (o) |
$ | 28,368 | $ | 25,909 | ||
| Hawker Beechcraft Acquisition Co., Term Loan, 6.83%, 2014 (o) |
526,675 | 481,030 | ||||
| $ | 506,939 | |||||
| Automotive – 0.3% |
||||||
| Allison Transmission, Inc., Term Loan B, 2014 (o) |
$ | 227,965 | $ | 199,071 | ||
| Ford Motor Co., Term Loan B, 8%, 2013 |
925,038 | 807,867 | ||||
| Goodyear Tire & Rubber Co., Second Lien Term Loan, 6.43%, 2014 (o) |
922,444 | 839,424 | ||||
| $ | 1,846,362 | |||||
| Broadcasting – 0.1% |
||||||
| Gray Television, Inc., Term Loan, 6.21%, 2014 |
$ | 289,535 | $ | 258,772 | ||
| Univision Communications, Inc., Term Loan B, 5.49%, 2014 (o) |
480,823 | 394,756 | ||||
| $ | 653,528 | |||||
| Cable TV – 0.3% |
||||||
| Charter Communications, Inc., Term Loan, 5.26%, 2014 (o) |
$ | 660,344 | $ | 574,349 | ||
| CSC Holdings, Inc., Incremental Term Loan, 6.89%, 2013 |
496,015 | 455,042 | ||||
| MMC Iowa Mediacom Broadband LLC, Term Loan A, 5.54%, 2012 |
448,333 | 404,247 | ||||
| $ | 1,433,638 | |||||
| Chemicals – 0.1% |
||||||
| Celanese AG, Dollar Term Loan, 6.47%, 2014 |
$ | 563,796 | $ | 528,156 | ||
| Computer Software – 0.1% |
||||||
| First Data Corp., Term Loan B-1, 2014 (o) |
$ | 632,192 | $ | 569,324 | ||
| Gaming & Lodging – 0.1% |
||||||
| Harrahs Entertainment, Inc., Term Loan B, 2015 (o) |
$ | 305,648 | $ | 280,560 | ||
| Medical & Health Technology & Services – 0.2% |
||||||
| Advanced Medical Optics, Inc., Term Loan, 6.48%, 2014 |
$ | 242,628 | $ | 225,037 | ||
| Community Health Systems, Inc., Term Loan B, 7.33%, 2014 |
306,031 | 281,618 | ||||
| HCA, Inc., Term Loan B, 7.08%, 2012 |
863,320 | 796,335 | ||||
| $ | 1,302,990 | |||||
| Pollution Control – 0.1% |
||||||
| Allied Waste North America, Inc., Term Loan, 6.35%, 2012 |
$ | 312,860 | $ | 292,133 | ||
| Allied Waste North America, Inc., Term Loan A, Credit Linked Deposit, 6%, 2012 |
197,940 | 184,826 | ||||
| $ | 476,959 | |||||
| Retailers – 0.1% |
||||||
| Neiman Marcus Group, Inc., Term Loan, 6.68%, 2013 |
$ | 420,550 | $ | 385,531 | ||
| Specialty Stores – 0.2% |
||||||
| Michaels Stores, Inc., Term Loan B, 8%, 2013 (o) |
$ | 1,121,235 | $ | 954,295 | ||
| Utilities - Electric Power – 0.1% |
||||||
| TXU Corp., Term Loan B, 2014 (o) |
$ | 377,087 | $ | 347,653 | ||
| Total Floating Rate Loans |
$ | 9,285,935 | ||||
| Common Stocks – 0.0% |
||||||
| Printing & Publishing – 0.0% |
||||||
| Golden Books Family Entertainment, Inc. (a) |
19,975 | $ | 0 | |||
10
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
| Issuer |
Shares/Par | Value ($) | ||||
| Rights – 0.0% |
||||||
| Emerging Market Sovereign – 0.0% |
||||||
| Banco Central del Uruguay, Value Recovery Rights, Expiring January 2021 (a) |
||||||
| (Identified Cost, $0) |
1,250,000 | $ | 0 | |||
| Short-Term Obligations – 4.8% (y) |
||||||
| Dexia Credit Local, NY, 4.19%, due 3/10/08 |
$ | 18,000 | $ | 18,005 | ||
| General Electric Capital Corp., 3.02%, due 2/01/08 |
13,813,000 | 13,813,000 | ||||
| Goldman Sachs Group, Inc., 3.02%, due 2/01/08 |
11,264,000 | 11,264,000 | ||||
| Total Short-Term Obligations |
$ | 25,095,005 | ||||
| Total Investments (k) |
$ | 521,085,058 | ||||
| Other Assets, Less Liabilities – 0.7% |
3,919,405 | |||||
| Net Assets – 100.0% |
$ | 525,004,463 | ||||
| (a) | Non-income producing security. |
| (f) | All or a portion of the security has been segregated as collateral for an open futures contract. |
| (g) | The rate shown represents a weighted average coupon rate on settled positions at period end. |
| (i) | Interest only security for which the trust receives interest on notional principal (Par amount). Par amount shown is the notional principal and does not reflect the cost of the security. |
| (k) | As of January 31, 2008, the fund held securities fair valued in accordance with the policies adopted by the Board of Trustees, aggregating $478,074,476 and 91.75% of market value. An independent pricing service provided an evaluated bid for 90.75% of the market value. |
| (n) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate value of these securities was $60,749,490, representing 11.6% of net assets. |
| (o) | All or a portion of this position has not settled. Upon settlement date, interest rates will be determined. |
| (p) | Payment-in-kind security. |
| (r) | Remaining maturities of floating rate loans may be less than stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted with certainty. These loans may be subject to restrictions on resale. Floating rate loans generally have rates of interest which are determined periodically by reference to a base lending rate plus a premium. |
| (y) | The rate shown represents an annualized yield at time of purchase. |
| (z) | Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. The fund holds the following restricted securities: |
| Restricted Securities |
Acquisition Date |
Acquisition Cost |
Current Market Value |
||||||
| Bayview Financial Revolving Mortgage Loan Trust, FRN, 4.085%, 2040 |
3/01/06 | $ | 4,000,000 | $ | 3,200,000 | ||||
| DLJ Commercial Mortgage Corp., 6.04%, 2031 |
7/23/04 | 1,969,453 | 2,013,718 | ||||||
| Falcon Franchise Loan LLC, FRN, 3.932%, 2025 |
1/29/03 | 1,312,039 | 897,388 | ||||||
| GMAC Commercial Mortgage Securities, Inc., FRN, 6.02%, 2033 |
11/17/00 | 1,991,746 | 2,515,531 | ||||||
| Harrah’s Operating Co., Inc., 10.75%, 2016 |
1/30/08 | 350,588 | 348,425 | ||||||
| JPMorgan Chase Bank (Federative Republic of Brazil, CLN), 10%, 2012 |
7/10/06 | 37,617 | 51,993 | ||||||
| JPMorgan Chase Bank (Federative Republic of Brazil, CLN), 10%, 2012 |
9/05/06 | 40,206 | 51,993 | ||||||
| JPMorgan Chase Bank (Federative Republic of Brazil, CLN), 10%, 2012 |
8/11/06 | 39,194 | 51,993 | ||||||
| JPMorgan Chase Bank (Federative Republic of Brazil, CLN), 10%, 2012 |
9/21/06 | 38,913 | 51,993 | ||||||
| Prudential Securities Secured Financing Corp., FRN, 7.283%, 2013 |
12/06/04 | 2,865,414 | 2,409,704 | ||||||
| Republic of Indonesia, 6.875%, 2018 |
1/10/08 | 545,074 | 565,125 | ||||||
| Southwestern Energy Co., 7.5%, 2018 |
1/11/08 - 1/16/08 | 518,563 | 529,163 | ||||||
| Total Restricted Securities |
$ | 12,687,026 | |||||||
| % of Net Assets |
2.4 | % | |||||||
11
MFS Multimarket Income Trust
PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued
The following abbreviations are used in this report and are defined:
| CDO | Collateralized Debt Obligation |
| CLN | Credit-Linked Note |
| FRN | Floating Rate Note. Interest rate resets periodically and may not be the rate reported at period end. |
| REIT | Real Estate Investment Trust |
Abbreviations indicate amounts shown in currencies other than the U.S. dollar. All amounts are stated in U.S. dollars unless otherwise indicated. A list of abbreviations is shown below:
| BRL |
Brazilian Real | |
| CAD |
Canadian Dollar | |
| DKK |
Danish Krone | |
| EUR |
Euro | |
| GBP |
British Pound | |
| JPY |
Japanese Yen | |
| MYR |
Malaysian Ringgit | |
| NOK |
Norwegian Krone | |
| PEN |
Peruvian Nuevo Sol | |
| SEK |
Swedish Krona |
See attached supplemental information. For more information see notes to financial statements as disclosed in the most recent semiannual or annual report.
12
MFS Multimarket Income Trust
Supplemental Information (Unaudited) 1/31/08
(1) Portfolio Securities
The cost and unrealized appreciation and depreciation in the value of the investments owned by the fund, as computed on a federal income tax basis, are as follows:
| Aggregate Cost |
$ | 519,067,075 | ||
| Gross unrealized appreciation |
$ | 17,474,103 | ||
| Gross unrealized depreciation |
(15,456,120 | ) | ||
| Net unrealized appreciation (depreciation) |
$ | 2,017,983 | ||
The aggregate cost above includes prior fiscal year end tax adjustments.
(2) Unfunded Loan Commitments
As of January 31, 2008, the portfolio had the following unfunded loan commitments of $32,086, which could be extended at the option of the borrower:
| Borrower |
Unfunded Loan Commitment |
Unrealized Appreciation (Depreciation) |
|||||
| Community Health Systems, Inc., Delayed Draw Term Loan, 2014 |
$ | 15,391 | (1,228 | ) | |||
| Univision Communications, Inc., Delayed Draw Term Loan, 2014 |
16,695 | (1,757 | ) | ||||
| $ | 32,086 | $ | (2,985 | ) | |||
At January 31, 2008, the fund had sufficient cash and/or other liquid securities to cover any commitments under these contracts.
(3) Derivative Contracts at 1/31/08
Forward Foreign Currency Exchange Contracts at 1/31/08
| Type |
Currency | Contracts to Deliver/Receive |
Settlement Date Range |
In Exchange For |
Contracts at Value |
Net Unrealized Appreciation (Depreciation) |
||||||||||
| Appreciation |
||||||||||||||||
| BUY |
AUD | 1,406,813 | 4/15/08 | $ | 1,244,354 | $ | 1,251,405 | $ | 7,051 | |||||||
| BUY |
CAD | 2,130,884 | 3/07/08 | 2,085,217 | 2,120,376 | 35,159 | ||||||||||
| SELL |
CAD | 3,532,333 | 3/07/08 | 3,563,316 | 3,514,915 | 48,401 | ||||||||||
| BUY |
CHF | 1,462,995 | 2/04/08 | 1,315,134 | 1,352,229 | 37,095 | ||||||||||
| BUY |
EUR | 3,677,255 | 2/13/08 - 3/17/08 | 5,393,289 | 5,468,333 | 75,044 | ||||||||||
| SELL |
EUR | 34,008,666 | 3/17/08 | 50,584,490 | 50,530,531 | 53,959 | ||||||||||
| BUY |
GBP | 625,000 | 2/11/08 | 1,233,818 | 1,242,962 | 9,144 | ||||||||||
| SELL |
GBP | 3,233,659 | 2/11/08 - 2/14/08 | 6,515,713 | 6,429,974 | 85,739 | ||||||||||
| BUY |
JPY | 49,562,608 | 2/05/08 | 465,595 | 465,850 | 255 | ||||||||||
| BUY |
MYR | 5,348,580 | 2/04/08 | 1,620,929 | 1,653,013 | 32,084 | ||||||||||
| SELL |
MYR | 5,348,580 | 2/04/08 | 1,657,447 | 1,653,013 | 4,434 | ||||||||||
| BUY |
NOK | 7,239,206 | 4/25/08 | 1,295,978 | 1,330,241 | 34,263 | ||||||||||
| SELL |
SEK | 2,872,324 | 4/15/08 | 453,470 | 450,626 | 2,844 | ||||||||||
| BUY |
SGD | 2,103,240 | 2/14/08 | 1,484,343 | 1,485,391 | 1,048 | ||||||||||
| $ | 426,520 | |||||||||||||||
| Depreciation |
||||||||||||||||
| SELL |
AUD | 1,406,813 | 4/15/08 | $ | 1,244,211 | $ | 1,251,405 | $ | (7,194 | ) | ||||||
| SELL |
CHF | 1,462,995 | 2/04/08 | 1,324,463 | 1,352,229 | (27,766 | ) | |||||||||
| SELL |
DKK | 4,128,887 | 2/07/08 | 808,785 | 824,002 | (15,217 | ) | |||||||||
| SELL |
EUR | 529,685 | 2/13/08 - 3/17/08 | 769,403 | 787,556 | (18,153 | ) | |||||||||
| SELL |
GBP | 668,319 | 4/25/08 | 1,295,978 | 1,322,756 | (26,778 | ) | |||||||||
| SELL |
JPY | 2,295,046,570 | 2/05/08 - 4/15/08 | 21,155,584 | 21,668,338 | (512,754 | ) | |||||||||
| BUY |
PEN | 1,746,000 | 2/25/08 | 600,000 | 598,712 | (1,288 | ) | |||||||||
| SELL |
PEN | 3,684,375 | 2/25/08 | 1,250,000 | 1,263,391 | (13,391 | ) | |||||||||
| SELL |
SGD | 2,103,240 | 2/14/08 | 1,481,066 | 1,485,391 | (4,325 | ) | |||||||||
| $ | (626,866 | ) | ||||||||||||||
13
Futures contracts outstanding at 1/31/08
| Description |
Contracts | Value | Expiration Date |
Unrealized Appreciation (Depreciation) | ||||||
| U.S. Treasury Bond (Long) |
50 | $ | 5,965,625 | Mar-08 | $ | 116,622 | ||||
| U.S. Treasury Note 10 yr (Long) |
91 | 10,621,406 | Mar-08 | 313,916 | ||||||
| $ | 430,538 | |||||||||
Swap Agreements at 1/31/08
| Expiration |
Notional Amount |
Counterparty |
Cash Flows |
Cash Flows |
Value | |||||||||
| Credit Default Swaps |
||||||||||||||
| 6/20/09 |
USD | 300,000 | JP Morgan Chase | 4.10% (fixed rate) | (1) | $ | (29,717 | ) | ||||||
| 9/20/12 |
USD | 1,500,000 | JP Morgan Chase | 0.33% (fixed rate) | (2) | (11,705 | ) | |||||||
| 3/20/13 |
USD | 1,380,000 | Merrill Lynch International | 1.13% (fixed rate) | (3) | 9,687 | ||||||||
| 6/20/17 |
USD | 1,150,000 | Merrill Lynch International | (4) | 0.91% (fixed rate) | 51,724 | ||||||||
| $ | 19,989 | |||||||||||||
| (1) | Fund to pay notional amount upon a defined credit default event by Abitibi Consolidated, 8.375%, 4/1/15. |
| (2) | Fund to pay notional amount upon a defined credit default event by Fannie Mae, 5.5%, 6/9/33. |
| (3) | Fund to pay notional amount upon a defined credit default event by Autozone Inc.,5.875%, 10/15/12. |
| (4) | Fund to receive notional amount upon a defined credit default event by New York Times Co., 4.61%, 9/26/12. |
At January 31, 2008, the fund had sufficient cash and/or other liquid securities to cover any commitments under these derivative contracts.
(4) Country Weightings
Country weighting percentages of portfolio holdings based on total net assets as of January 31, 2008, are as follows:
| United States |
71.9 | % | |
| Japan |
4.0 | % | |
| Germany |
3.5 | % | |
| Netherlands |
2.4 | % | |
| France |
2.2 | % | |
| Russia |
2.1 | % | |
| Canada |
1.6 | % | |
| United Kingdom |
1.5 | % | |
| Spain |
1.1 | % | |
| Other Countries |
9.7 | % |
The country weighting percentages include both accrued interest amounts and the equivalent exposure from any derivative holdings, if applicable.
14
| ITEM 2. | CONTROLS AND PROCEDURES. |
| (a) | Based upon their evaluation of the effectiveness of the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)) as conducted within 90 days of the filing date of this Form N-Q, the registrant’s principal financial officer and principal executive officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms. |
| (b) | There were no changes in the registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
| ITEM 3. | EXHIBITS. |
File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2): Attached hereto.
Notice
A copy of the Amended and Restated Declaration of Trust, as amended, of the Registrant is on file with the Secretary of State of The Commonwealth of Massachusetts and notice is hereby given that this instrument is executed on behalf of the Registrant by an officer of the Registrant as an officer and not individually and the obligations of or arising out of this instrument are not binding upon any of the Trustees or shareholders individually, but are binding only upon the assets and property of the respective constituent series of the Registrant.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Registrant: MFS MULTIMARKET INCOME TRUST
| By (Signature and Title)* | MARIA F. DWYER | |
| Maria F. Dwyer, President | ||
Date: March 17, 2008
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| By (Signature and Title)* | MARIA F. DWYER | |
| Maria F. Dwyer, President (Principal Executive Officer) | ||
Date: March 17, 2008
| By (Signature and Title)* | TRACY ATKINSON | |
| Tracy Atkinson, Treasurer (Principal Financial Officer and Accounting Officer) | ||
Date: March 17, 2008
| * | Print name and title of each signing officer under his or her signature. |