<SEC-DOCUMENT>0001752724-21-001576.txt : 20210112
<SEC-HEADER>0001752724-21-001576.hdr.sgml : 20210112
<ACCEPTANCE-DATETIME>20210112124550
ACCESSION NUMBER:		0001752724-21-001576
CONFORMED SUBMISSION TYPE:	N-CEN
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20201031
FILED AS OF DATE:		20210112
DATE AS OF CHANGE:		20210112
EFFECTIVENESS DATE:		20210112

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MFS INTERMEDIATE INCOME TRUST
		CENTRAL INDEX KEY:			0000826735
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-CEN
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05440
		FILM NUMBER:		21523006

	BUSINESS ADDRESS:	
		STREET 1:		111 HUNTINGTON AVENUE
		STREET 2:		24TH FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199
		BUSINESS PHONE:		18006372929

	MAIL ADDRESS:	
		STREET 1:		111 HUNTINGTON AVENUE
		STREET 2:		24TH FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MFS MULTI GOVERNMENT INTERMEDIATE TRUST
		DATE OF NAME CHANGE:	19880308

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNATIONAL GOVERNMENT INCOME TRUST
		DATE OF NAME CHANGE:	19880211
</SEC-HEADER>
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  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
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  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">November 2019</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02864</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">$ 0.00844</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">29%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">$ 0.00844</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">29%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.02020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">71%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.02020</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">71%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">$ 0.02864</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">$ 0.02864</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 10-31-2019</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.28%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 10-31-2019</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.51%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 10-31-2019</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">9.77%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 10-31-2019</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">0.71%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send you
  a Form 1099-DIV for the calendar year that will tell you how to report these
  distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

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<TYPE>EXEMPT ORDER INFO
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<FILENAME>NCEN_3286564886633401.htm
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 <td nowrap rowspan=3 valign=bottom width=6% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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 <td nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">June 2020</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02822</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.00798</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.06255</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00438</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">16%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00438</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">2%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.01142</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">40%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.01142</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">5%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00444</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">16%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.14785</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">65%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.02822</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.22620</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 5-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.86%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 5-31-2020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.44%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 5-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">4.60%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 5-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">5.64%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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    <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
 </tr>
<tr>
  <td colspan=1 width=22.000000%>

  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">January 2020</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02828</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.00789</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.02397</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.02039</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">72%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.06136</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">72%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.02828</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.08533</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 12-31-2019</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.23%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 12-31-2019</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.53%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 12-31-2019</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">0.01%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 12-31-2019</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">2.14%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>




<DIV bclFooter>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face=arial,sans-serif style=""><font face=arial,sans-serif lang=EN-US style="font-size:8.0pt;">MINSN-0120</font></font></p>


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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXEMPT ORDER INFO
<SEQUENCE>5
<FILENAME>NCEN_3286914934218295.htm
<TEXT>
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<head>
<meta content="text/html; charset=utf-8" />


<title> &nbsp;</title>


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<body><a name="page_1"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:0pt;width:707.000000pt;">
 <tr>
  <td colspan=1 width=22.000000%>
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:5.3pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap rowspan=3 valign=bottom width=4% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=10% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=5% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=6% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=12% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td nowrap valign=bottom width=22.000000% style="height:4.0pt;padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
 </tr>
<tr>
  <td colspan=1 width=22.000000%>

  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">February 2020</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02825</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.00796</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.03200</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.02029</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">72%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.08158</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">72%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.02825</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.11358</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 1-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.30%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 1-31-2020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.45%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 1-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">1.50%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 1-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">2.83%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>




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<DOCUMENT>
<TYPE>EXEMPT ORDER INFO
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<FILENAME>NCEN_3287565924133027.htm
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<title> &nbsp;</title>


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<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:0pt;width:707.000000pt;">
 <tr>
  <td colspan=1 width=22.000000%>
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:5.3pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=6% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=12% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td nowrap valign=bottom width=22.000000% style="height:4.0pt;padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
 </tr>
<tr>
  <td colspan=1 width=22.000000%>

  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">August 2020</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02856</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.00757</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">27%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.07747</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">27%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.01087</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">4%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00445</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">16%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.02582</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">9%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.01654</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">57%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.16914</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">60%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.02856</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.28330</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 7-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">4.40%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 7-31-2020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.48%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 7-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">9.38%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 7-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">7.01%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>




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<TYPE>EXEMPT ORDER INFO
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<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:0pt;width:707.000000pt;">
 <tr>
  <td colspan=1 width=22.000000%>
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:5.3pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap rowspan=3 valign=bottom width=4% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=6% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=12% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
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    </td>
 </tr>
<tr>
  <td colspan=1 width=22.000000%>

  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">December 2019</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02841</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.00819</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">29%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.01638</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">29%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.02022</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">71%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.04067</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">71%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.02841</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.05705</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 11-30-2019</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.20%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 11-30-2019</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.50%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 11-30-2019</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">0.01%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 11-30-2019</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">1.42%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>




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<TYPE>EXEMPT ORDER INFO
<SEQUENCE>8
<FILENAME>NCEN_3287924204210038.htm
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<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:0pt;width:707.000000pt;">
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  <p style="margin:0in;margin-bottom:.0001pt;margin-right:5.3pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=6% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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 <td nowrap rowspan=3 valign=bottom width=12% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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 <td colspan=2 nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">May 2020</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02807</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.00802</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">29%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.05461</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.02005</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">71%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.14337</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">72%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.02807</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.19798</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 4-30-2020</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.61%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 4-30-2020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.44%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 4-30-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.31%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 4-30-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">4.96%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

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  </td>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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  </td>
 <td nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td nowrap valign=bottom width=22.000000% style="height:4.0pt;padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
 </tr>
<tr>
  <td colspan=1 width=22.000000%>

  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">March 2020</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02839</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.00775</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">27%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.03954</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.02064</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">73%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.10243</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">72%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.02839</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.14197</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 2-29-2020</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.64%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 2-29-2020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.43%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 2-29-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.03%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 2-29-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.51%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>




<DIV bclFooter>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EXEMPT ORDER INFO
<SEQUENCE>10
<FILENAME>NCEN_3287584994467127.htm
<TEXT>
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<title> &nbsp;</title>


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<body><a name="page_1"></a><DIV bclPageBorder STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:0pt;width:707.000000pt;">
 <tr>
  <td colspan=1 width=22.000000%>
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:5.3pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap rowspan=3 valign=bottom width=4% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=10% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=5% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=6% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=12% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td nowrap valign=bottom width=22.000000% style="height:4.0pt;padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
 </tr>
<tr>
  <td colspan=1 width=22.000000%>

  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution&#160;&#160;&#160;&#160;
  </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">September-20</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.02853</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.00751</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">26%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.08492</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">27%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.01081</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">3%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.00176</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">6%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.02758</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">9%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.01926</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">68%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.18852</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">61%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.02853</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.31183</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 8-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">4.43%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 8-31-2020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.54%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 8-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.38%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 8-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">7.78%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>




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<DOCUMENT>
<TYPE>EXEMPT ORDER INFO
<SEQUENCE>11
<FILENAME>NCEN_3287036296474729.htm
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<title> &nbsp;</title>


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<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:0pt;width:707.000000pt;">
 <tr>
  <td colspan=1 width=22.000000%>
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:5.3pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap rowspan=3 valign=bottom width=4% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=6% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=12% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td nowrap valign=bottom width=22.000000% style="height:4.0pt;padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
 </tr>
<tr>
  <td colspan=1 width=22.000000%>

  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">July 2020</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02854</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.00777</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">27%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.07011</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00652</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">23%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.01090</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">4%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00995</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">35%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.02137</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">8%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00430</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">15%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.15236</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">60%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.02854</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.25474</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 6-30-2020</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">4.24%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 6-30-2020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.50%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 6-30-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">9.01%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 6-30-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">6.32%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>




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 <td nowrap rowspan=3 valign=bottom width=6% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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 <td nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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 <td nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
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 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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 </tr>
<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution&#160;&#160;&#160;&#160;
  </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">October - 2020</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.02834</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.00733</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">26%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.09208</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">27%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.00043</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">2%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.01124</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">3%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.00831</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">29%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.03590</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">11%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.01227</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">43%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.20095</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">59%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.02834</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">0.34017</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 9-30-2020</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">4.31%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 9-30-2020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.54%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 9-30-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">7.61%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 9-30-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.55%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital distribution
  does not necessarily reflect the fund's investment performance and should not
  be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  </td>
 </tr>
<tr height=0>
  <td width=22%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=2%>&nbsp;</td>
 <td width=1%>&nbsp;</td>
 <td width=10%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=6%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=12%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=7%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

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  </td>
 <td nowrap rowspan=3 valign=bottom width=7% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=8% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap rowspan=3 valign=bottom width=9% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td nowrap valign=bottom width=22.000000% style="height:4.0pt;padding:0in 0in 0in 0in;">
    <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
 </tr>
<tr>
  <td colspan=1 width=22.000000%>

  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=5 nowrap valign=bottom width=36% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">MFS<sup>&#174;</sup>
  Intermediate Income Trust</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">P.O.
  Box 505005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif lang=FR style="font-size:12.0pt;">Louisville,
  KY 40233-5005</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face=arial,sans-serif style="font-size:12.0pt;">Notice to
  shareholders </font></b><b><font color=black face="Times New Roman" style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#8212;</font></b><b><font color=black face="Times New Roman" style="font-size:18.0pt;layout-grid-mode:line;"> </font></b><b><font face=arial,sans-serif style="font-size:12.0pt;">&#160;Source of distribution</font></b></p>
  </td>
 </tr>
<tr style="height:5.45pt;">
  <td nowrap valign=bottom width=22% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=3% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=11% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:5.45pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution
  &#160;&#160;&#160;&#160;</font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">April 2020</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=2 nowrap valign=bottom width=23% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:0pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Distribution amount per share&#160;&#160; </font></p>
  </td>
 <td colspan=4 nowrap valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;border-right:solid black 1.0pt;height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">$ 0.02794</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:16.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:45.1pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:45.1pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  following table sets forth the estimated amounts of the current distribution
  and the cumulative distributions paid this fiscal year to date from the
  following sources: net investment income, net realized short-term capital
  gains, net realized long-term capital gains and return of capital or other
  capital source. The fund&#8217;s fiscal year begins each November 1<sup>st</sup>.&#160;
  All amounts are expressed per common share.</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=3 valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Total cumulative
  distributions for the fiscal year to date</font></p>
  </td>
 <td colspan=5 rowspan=3 valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of the
  total cumulative distributions for the fiscal year to date</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">Current distribution</font></p>
  </td>
 <td colspan=2 rowspan=2 valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">% Breakdown of current
  distribution</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Investment Income</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.00771</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">28%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.04643</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:15.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">27%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized ST Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Net
  Realized LT Cap Gains</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.00000</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.00000</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Return
  of Capital or</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Other
  Capital Source</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;0.02023</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">72%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">0.12348</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">73%</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=4 nowrap valign=bottom width=26% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">Total
  (per common share)</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160; $0.02794</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=15% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=20% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; $0.16991</font></p>
  </td>
 <td colspan=5 nowrap valign=bottom width=24% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face=arial,sans-serif style="font-size:10.0pt;">100%</font></p>
  </td>
 </tr>
<tr style="height:20.7pt;">
  <td nowrap valign=bottom width=22% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:20.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=10 nowrap valign=bottom width=76% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Average
  annual total return (in relation to NAV) for the five years ended 3-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">3.09%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=12 nowrap valign=bottom width=87% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Annualized
  current distribution rate expressed as a percentage of month end NAV as of 3-31-2020</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">8.55%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:12.75pt;">
  <td nowrap valign=bottom width=22% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:12.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  total return (in relation to NAV) for the fiscal year through 3-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">0.75%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=9 nowrap valign=bottom width=68% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">Cumulative
  fiscal year distributions as a percentage of NAV as of 3-31-2020</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="border-bottom:solid windowtext 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=arial,sans-serif style="font-size:10.0pt;">4.33%</font></p>
  </td>
 <td width=4% style="padding:0in 0in 0in 0in;"><p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p></td>
 </tr>
<tr style="height:7.65pt;">
  <td nowrap valign=bottom width=22% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 nowrap valign=bottom width=4% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=10% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=5% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=8% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 nowrap valign=bottom width=9% style="height:7.65pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:.55in;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:.55in;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">You
  should not draw any conclusions about the fund's investment performance from
  the amount of this distribution or from the terms of the fund's managed
  distribution plan.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.6pt;">
  <td colspan=15 nowrap valign=bottom width=100% style="height:47.6pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  fund estimates that it has distributed more than its income and capital
  gains; therefore, a portion of your distribution may be a return of capital.
  A return of capital may occur, for example, when some or all of the money
  that you invested in the fund is paid back to you. A return of capital
  distribution does not necessarily reflect the fund's investment performance
  and should not be confused with &quot;yield&quot; or &quot;income.&quot;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">The
  amounts and sources of distributions reported in this notice are only
  estimates and are not being provided for tax-reporting purposes. The actual
  amounts and sources of the amounts for tax-reporting purposes will depend
  upon the fund's investment experience during the remainder of its fiscal year
  and may be subject to changes based on tax regulations. The fund will send
  you a Form 1099-DIV for the calendar year that will tell you how to report
  these distributions for federal income tax purposes.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">If
  you have any questions regarding this information, please call our fund
  service department at 1-800-637-2304 any business day from 9 a.m. to 5 p.m.
  Eastern time. </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>INTERNAL CONTROL RPT
<SEQUENCE>14
<FILENAME>NCEN_3207983598437211.txt
<TEXT>

REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM

To the Board of Trustees and the Shareholders of MFS
Intermediate Income Trust:
In planning and performing our audit of the financial
statements of MFS Intermediate Income Trust (the
"Fund") as of and for the year ended October 31, 2020,
in accordance with the standards of the Public Company
Accounting Oversight Board (United States), we
considered the Fund's internal control over financial
reporting, including controls over safeguarding
securities, as a basis for designing our auditing
procedures for the purpose of expressing our opinions
on the financial statements and to comply with the
requirements of Form N-CEN, but not for the purpose of
expressing an opinion on the effectiveness of the Fund's
internal control over financial reporting. Accordingly, we
express no such opinion.

The management of the Fund is responsible for
establishing and maintaining effective internal control
over financial reporting. In fulfilling this responsibility,
estimates and judgments by management are required
to assess the expected benefits and related costs of
controls. A fund's internal control over financial
reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting
and the preparation of financial statements for external
purposes in accordance with generally accepted
accounting principles. A fund's internal control over
financial reporting includes those policies and
procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets of
the fund; (2) provide reasonable assurance that
transactions are recorded as necessary to permit
preparation of financial statements in accordance with
generally accepted accounting principles, and that
receipts and expenditures of the fund are being made
only in accordance with authorizations of management
of the fund and trustees of the trust; and (3) provide
reasonable assurance regarding prevention or timely
detection of unauthorized acquisition, use, or disposition
of a fund's assets that could have a material effect on
the financial statements.

Because of its inherent limitations, internal control over
financial reporting may not prevent or detect
misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk
that controls may become inadequate because of
changes in conditions or that the degree of compliance
with the policies or procedures may deteriorate.
A deficiency in internal control over financial reporting
exists when the design or operation of a control does
not allow management or employees, in the normal
course of performing their assigned functions, to
prevent or detect misstatements on a timely basis. A
material weakness is a deficiency, or a combination of
deficiencies, in internal control over financial reporting,
such that there is a reasonable possibility that a material
misstatement of a fund's annual or interim financial
statements will not be prevented or detected on a
timely basis.


Our consideration of the Fund's internal control over
financial reporting was for the limited purpose described
in the first paragraph and would not necessarily disclose
all deficiencies in internal control that might be material
weaknesses under standards established by the Public
Company Accounting Oversight Board (United
States). However, we noted no deficiencies in the Fund's
internal control over financial reporting and its
operation, including controls for safeguarding securities,
that we consider to be a material weakness, as defined
above, as of October 31, 2020.
This report is intended solely for the information and use
of management, the Board of Trustees of MFS
Intermediate Income Trust and the Securities and
Exchange Commission and is not intended to be and
should not be used by anyone other than these specified
parties.

/s/ Deloitte & Touche LLP
Boston, Massachusetts
December 16, 2020






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</DOCUMENT>
</SEC-DOCUMENT>
