UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
FORM N-Q | |
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF | |
REGISTERED MANAGEMENT INVESTMENT COMPANIES | |
Investment Company Act file number 811-4975 | |
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MFS MULTIMARKET INCOME TRUST | |
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(Exact name of registrant as specified in charter) | |
500 Boylston Street, Boston, Massachusetts 02116 | |
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(Address of principal executive offices) (Zip code) | |
Susan S. Newton | |
Massachusetts Financial Services Company | |
500 Boylston Street | |
Boston, Massachusetts 02116 | |
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(Name and address of agents for service) | |
Registrants telephone number, including area code: (617) 954-5000 | |
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Date of fiscal year end: October 31 | |
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Date of reporting period: January 31, 2006 | |
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MFS Multimarket Income Trust | |||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 | |||||
Issuer | Shares/Par | Value ($) | |||
Bonds 96.6% | |||||
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Advertising & Broadcasting 2.7% | |||||
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Allbritton Communications Co., 7.75%, 2012 | $ | 795,000 | $ | 796,988 | |
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DIRECTV Holdings LLC, 8.375%, 2013 | 1,934,000 | 2,074,215 | |||
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EchoStar DBS Corp., 6.375%, 2011 | 4,205,000 | 4,099,875 | |||
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Innova S. de R.L., 9.375%, 2013 | 254,000 | 281,623 | |||
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Intelsat Ltd., 8.625%, 2015(a) | 580,000 | 581,450 | |||
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Lamar Media Corp., 7.25%, 2013 | 1,715,000 | 1,770,738 | |||
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Liberty Media Corp., 5.7%, 2013 | 2,799,000 | 2,619,679 | |||
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News America Holdings, 7.7%, 2025 | 2,217,000 | 2,504,104 | |||
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$ | 14,728,672 | ||||
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Aerospace 0.2% | |||||
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DRS Technologies, Inc., 7.625%, 2018 | $ | 570,000 | $ | 578,550 | |
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Rolls-Royce PLC, 6.375%, 2007 | EUR | 300,000 | 380,665 | ||
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$ | 959,215 | ||||
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Airlines 0.6% | |||||
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Continental Airlines, Inc., 6.545%, 2019 | $ | 2,263,414 | $ | 2,270,317 | |
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Continental Airlines, Inc., 7.566%, 2020 | 1,045,217 | 974,129 | |||
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$ | 3,244,446 | ||||
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Apparel Manufacturers 0% | |||||
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Quiksilver, Inc., 6.875%, 2015 | $ | 110,000 | $ | 105,600 | |
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Asset Backed & Securitized 12.9% | |||||
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Airplane Pass-Through Trust, "D", 10.875%, 2019(r)(d) | $ | 246,925 | $ | 0 | |
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Amresco Commercial Mortgage Funding I, 7%, 2029 | 3,570,000 | 3,607,023 | |||
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ARCap, Inc., "H", 6.1%, 2045(a) | 2,000,000 | 1,792,677 | |||
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Asset Securitization Corp., FRN, 8.2927%, 2029 | 1,877,956 | 1,984,622 | |||
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Banc of America Commercial Mortgage, Inc., 4.857%, 2043 | 1,375,626 | 1,334,188 | |||
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Banc of America Commercial Mortgage, Inc., 5.182%, 2047 | 1,375,626 | 1,372,578 | |||
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Bayview Financial Acquisition Trust, 5.483%, 2045 | 1,130,000 | 1,129,986 | |||
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Chalet Finance 1 PLC, 2.72%, 2013 | EUR | 300,000 | 365,581 | ||
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Commercial Mortgage Acceptance Corp., FRN, 5.44%, 2030(a) | $ | 3,500,000 | 3,481,454 | ||
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Countrywide Asset-Backed Certificates FRN, 4.575%, 2035 | 614,000 | 604,980 | |||
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CPS Auto Receivables Trust, 2.89%, 2009(a) | 337,586 | 329,569 | |||
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Crest Ltd., 7%, 2040(a) | 2,000,000 | 1,854,200 | |||
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DEPFA Bank, 5.5%, 2010 | EUR | 960,000 | 1,264,287 | ||
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Deutsche Mortgage & Asset Receiving Corp., 7.5%, 2031 | $ | 1,847,000 | 2,052,255 | ||
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DLJ Commercial Mortgage Corp., 6.04%, 2031 | 2,000,000 | 2,022,739 | |||
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Falcon Franchise Loan LLC, FRN, 3.0186%, 2025(i) | 8,695,883 | 1,415,387 | |||
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First Union National Bank Commercial Mortgage Trust, FRN, 0.9542%, 2043(a)(i) | 29,200,536 | 1,159,679 | |||
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First Union-Lehman Brothers Bank of America, FRN, 0.4969%, 2035(i) | 67,795,425 | 1,280,778 | |||
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First Union-Lehman Brothers Commercial Mortgage Trust, 7%, 2029(a) | 1,847,000 | 2,003,367 | |||
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First Union-Lehman Brothers Commercial Mortgage Trust, 7.5%, 2029 | 1,846,973 | 2,046,883 | |||
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GE Capital Commercial Mortgage Corp., 6.496%, 2033 | 2,384,781 | 2,507,646 | |||
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GMAC Commercial Mortgage Securities, Inc., 6.02%, 2033 | 2,542,000 | 2,550,075 | |||
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GMAC Commercial Mortgage Securities, Inc., FRN, 7.6613%, 2034(a) | 1,853,000 | 2,007,300 | |||
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Granites Mortgages PLC, 5.15% to 2007, FRN to 2042 | EUR | 350,000 | 436,621 | ||
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J.P. Morgan Chase Commercial Mortgage Securities Corp., FRN, 5.2947%, 2043 | $ | 1,375,626 | 1,383,507 | ||
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J.P. Morgan Chase Commercial Mortgage Securities Corp., FRN, 4.77%, 2046 | 2,592,895 | 2,594,670 | |||
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Lehman Brothers Commercial Conduit Mortgage Trust, FRN, 1.1597%, 2030(i) | 18,014,856 | 466,819 | |||
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Morgan Stanley Capital I, Inc., FRN 1.5033%, 2014(a)(i) | 14,915,475 | 1,084,862 | |||
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Morgan Stanley Capital I, Inc., 6.86%, 2010 | 2,215,000 | 2,244,782 | |||
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Mortgage Capital Funding, Inc., 7.214%, 2007 | 2,250,000 | 2,294,822 | |||
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Mortgage Capital Funding, Inc., FRN, 0.7801%, 2031(i) | 18,571,573 | 264,253 | |||
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Multi-Family Capital Access One, Inc., 6.65%, 2024 | 112,012 | 115,301 | |||
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Preferred Term Securities IV Ltd., 6.7469%, 2031(a) | 3,000,000 | 3,045,000 | |||
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1 |
MFS Multimarket Income Trust | ||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||
Issuer | Shares/Par | Value ($) | ||
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Bonds continued | ||||
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Asset Backed & Securitized continued | ||||
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Prudential Securities Secured Financing Corp., FRN, 7.4486%, 2013(a) | $ | 2,581,000 | $ | 2,771,946 |
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RMAC PLC, 2.652%, 2036(a) | EUR | 230,000 | 279,859 | |
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Structured Asset Securities Corp., FRN, 4.67%, 2035 | $ | 4,570,839 | 4,520,226 | |
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TIAA Real Estate CDO Ltd., 7.17%, 2032(a) | 2,529,118 | 2,584,954 | ||
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Wachovia Bank Commercial Mortgage Trust, FRN, 5.083%, 2042 | 2,000,000 | 1,970,168 | ||
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Wachovia Bank Commercial Mortgage Trust, FRN, 4.935%, 2042 | 2,000,000 | 1,949,814 | ||
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Wachovia Bank Commercial Mortgage Trust, FRN, 5.118%, 2042 | 1,375,626 | 1,357,293 | ||
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Wachovia Bank Commercial Mortgage Trust, FRN, 5.3164%, 2044 | 2,777,000 | 2,784,392 | ||
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$ | 70,316,543 | |||
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Automotive 2.7% | ||||
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Continental AG, 6.875%, 2008 | EUR | 100,000 | $ | 133,067 |
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DaimlerChrysler N.A. Holdings Corp., 8.5%, 2031 | $ | 1,251,000 | 1,516,890 | |
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DaimlerChrysler Note, 5.625%, 2007 | EUR | 100,000 | 124,604 | |
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Ford Motor Credit Co., 4.95%, 2008 | $ | 435,000 | 401,246 | |
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Ford Motor Credit Co., 5.8%, 2009 | 410,000 | 371,996 | ||
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Ford Motor Credit Co., 7.375%, 2009 | 2,115,000 | 1,978,783 | ||
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Ford Motor Credit Co., 5.7%, 2010 | 1,102,000 | 974,727 | ||
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Ford Motor Credit Co., 7%, 2013 | 546,000 | 494,578 | ||
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General Motors Acceptance Corp., 6%, 2006 | EUR | 375,000 | 455,081 | |
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General Motors Acceptance Corp., 6.125%, 2008 | $ | 315,000 | 302,861 | |
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General Motors Acceptance Corp., 5.85%, 2009 | 1,305,000 | 1,229,140 | ||
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General Motors Acceptance Corp., 6.75%, 2014 | 1,886,000 | 1,787,445 | ||
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Johnson Controls, Inc., 5.25%, 2011 | 1,180,000 | 1,176,418 | ||
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Lear Corp., 8.11%, 2009 | 1,040,000 | 956,800 | ||
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Navistar International Corp., 7.5%, 2011 | 1,155,000 | 1,143,450 | ||
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TRW Automotive, Inc., 9.375%, 2013 | 1,692,000 | 1,840,050 | ||
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$ | 14,887,136 | |||
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Banks & Credit Companies 3.9% | ||||
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ATF Bank JSC, 9.25%, 2012(a) | $ | 17,000 | $ | 17,871 |
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Banco BMG S.A., 9.15%, 2016(a) | 714,000 | 715,785 | ||
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Banco De Estado de Sao Paulo S.A., 8.7%, 2049(a) | 777,000 | 800,310 | ||
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Banco Do Estado de Banespa, 8.7%, 2010 | 15,000 | 15,450 | ||
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Banco Mercantil del Norte S.A., 5.875% to 2009, FRN to 2014 (a) | 655,000 | 650,088 | ||
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Bank of Ireland, 7.4%, 2049 | EUR | 500,000 | 709,533 | |
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BNP Paribas Capital Trust III, 6.625%, 2049 | EUR | 100,000 | 139,204 | |
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BNP Paribas, 5.186% to 2015, FRN to 2049 (a) | $ | 2,099,000 | 2,016,889 | |
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Chuo Mitsui Trust & Banking Co., 5.506% to 2015, FRN to 2049 (a) | 642,000 | 623,837 | ||
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Credit Suisse First Boston (USA), Inc., 4.875%, 2010 | 1,023,000 | 1,011,496 | ||
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Credit Suisse Group, 7.974%, 2010 | EUR | 265,000 | 375,988 | |
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HBOS Capital Funding LP, 6.071% to 2014, FRN to 2049 (a) | $ | 1,543,000 | 1,579,069 | |
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J.P. Morgan Chase & Co., 5.125%, 2014 | 2,755,000 | 2,701,322 | ||
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Kazkommerts International B.V., 10.125%, 2007(a) | 122,000 | 128,405 | ||
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Mizuho Financial Group, Inc., 4.75%, 2014(a) | EUR | 127,000 | 159,933 | |
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Mizuho Financial Group, Inc., 5.79%, 2014(a) | $ | 1,633,000 | 1,672,424 | |
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National Westminster Bank PLC, 6.625% to 2009, FRN to 2049 | EUR | 330,000 | 443,649 | |
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RBS Capital Trust II, 6.425% to 2034, FRN to 2049 | $ | 833,000 | 866,054 | |
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Resona Bank Ltd., 5.85% to 2016, FRN to 2049 (a) | 626,000 | 622,250 | ||
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Russian Standard Finance S.A., 7.5%, 2010(a) | 257,000 | 253,466 | ||
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SG Capital Trust I, 7.875%, 2049 | EUR | 300,000 | 422,798 | |
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Turanalem Finance B.V., 7.875%, 2010 | $ | 15,000 | 15,525 | |
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Turanalem Finance B.V., 8%, 2014(a) | 940,000 | 972,900 | ||
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VTB Capital S.A., 7.5%, 2011 | 49,000 | 52,915 | ||
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2 |
MFS Multimarket Income Trust | ||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||
Issuer | Shares/Par | Value ($) | ||
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Bonds continued | ||||
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Banks & Credit Companies continued | ||||
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Wachovia Capital Trust III, 5.8%, 2049 | $ | 4,068,000 | $ | 4,080,570 |
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$ | 21,047,731 | |||
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Broadcast & Cable TV 3.0% | ||||
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CCH I LLC, 10.25%, 2010 | $ | 1,025,000 | $ | 1,008,344 |
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Cox Communications, Inc., 4.625%, 2013 | 1,744,000 | 1,615,073 | ||
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CSC Holdings, Inc., 8.125%, 2009 | 1,969,000 | 1,998,535 | ||
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Lenfest Communications, Inc., 10.5%, 2006 | 500,000 | 508,555 | ||
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Mediacom LLC, 9.5%, 2013 | 490,000 | 486,325 | ||
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Rogers Cable, Inc., 5.5%, 2014 | 1,975,000 | 1,856,500 | ||
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TCI Communications Financing III, 9.65%, 2027 | 5,000,000 | 5,390,435 | ||
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TCI Communications, Inc., 9.8%, 2012 | 1,135,000 | 1,355,779 | ||
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Time Warner Entertainment Co., LP, 8.375%, 2033 | 1,557,000 | 1,841,084 | ||
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$ | 16,060,630 | |||
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Brokerage & Asset Managers 1.0% | ||||
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Goldman Sachs Group, Inc., 5.7%, 2012 | $ | 2,665,000 | $ | 2,715,270 |
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Morgan Stanley Dean Witter, Inc., 6.6%, 2012 | 2,538,000 | 2,704,285 | ||
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$ | 5,419,555 | |||
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Building 0.5% | ||||
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American Standard Cos., Inc., 7.375%, 2008 | $ | 2,500,000 | $ | 2,594,800 |
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Business Services 0.5% | ||||
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Iron Mountain, Inc., 7.75%, 2015 | $ | 375,000 | $ | 380,625 |
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Xerox Corp., 7.625%, 2013 | 2,010,000 | 2,135,625 | ||
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$ | 2,516,250 | |||
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Chemicals 1.3% | ||||
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Akzo Nobel N.V., 5.625%, 2009 | EUR | 100,000 | $ | 129,469 |
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BCP Crystal Holdings Corp., 9.625%, 2014 | $ | 413,000 | 458,430 | |
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Equistar Chemicals, 10.625%, 2011 | 1,225,000 | 1,347,500 | ||
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Hercules, Inc., 6.75%, 2029 | 1,890,000 | 1,819,125 | ||
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Huntsman International LLC, 10.125%, 2009 | 575,000 | 594,406 | ||
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Kronos International, Inc., 8.875%, 2009 | EUR | 95,000 | 121,142 | |
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Linde Finance B.V., 6% to 2013, FRN to 2049 | EUR | 101,000 | 120,702 | |
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Lyondell Chemical Co., 11.125%, 2012 | $ | 1,330,000 | 1,492,925 | |
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Nalco Co., 7.75%, 2011 | 695,000 | 708,900 | ||
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Rhodia S.A., 8.875%, 2011 | 231,000 | 235,620 | ||
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Rockwood Specialties, Inc., 7.5%, 2014 | 100,000 | 98,625 | ||
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$ | 7,126,844 | |||
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Conglomerates 0.2% | ||||
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Thyssenkrupp Finance B.V., 7%, 2009 | EUR | 100,000 | $ | 133,349 |
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Tyco International Group S.A., 6.75%, 2011 | $ | 707,000 | 750,104 | |
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$ | 883,453 | |||
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Construction 0.6% | ||||
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D.R. Horton, Inc., 8%, 2009 | $ | 1,880,000 | $ | 1,999,403 |
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M/I Homes, Inc., 6.875%, 2012 | 1,325,000 | 1,189,188 | ||
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$ | 3,188,591 | |||
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Consumer Goods & Services 0.4% | ||||
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ASSA ABLOY AB, 5.125%, 2006 | EUR | 30,000 | $ | 37,142 |
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Church & Dwight Co., Inc., 6%, 2012 | $ | 805,000 | 790,913 | |
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Fortune Brands, Inc., 5.125%, 2011 | 632,000 | 628,299 | ||
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Service Corp. International, 7%, 2017(a) | 560,000 | 568,400 | ||
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3 |
MFS Multimarket Income Trust | ||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||
Issuer | Shares/Par | Value ($) | ||
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Bonds continued | ||||
Consumer Goods & Services continued |
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Sodexho Alliance S.A., 5.875%, 2009 | EUR | 100,000 | $ | 129,834 |
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$ | 2,154,588 | |||
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Containers 0.4% | ||||
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Crown Americas, 7.75%, 2015(a) | $ | 535,000 | $ | 555,063 |
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Owens-Brockway Glass Container, Inc., 8.875%, 2009 | 515,000 | 537,531 | ||
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Owens-Brockway Glass Container, Inc., 8.25%, 2013 | 925,000 | 973,563 | ||
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$ | 2,066,157 | |||
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Defense Electronics 0.3% | ||||
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L-3 Communications Holdings, Inc., 5.875%, 2015 | $ | 1,630,000 | $ | 1,572,950 |
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Electronics 0.3% | ||||
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Flextronics International Ltd., 6.5%, 2013 | $ | 1,880,000 | $ | 1,894,100 |
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Emerging Market Quasi-Sovereign 0.9% | ||||
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Gaz Capital S.A., 8.625%, 2034 | $ | 69,000 | $ | 87,202 |
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Gazprom OAO, 9.625%, 2013 | 610,000 | 731,238 | ||
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Gazprom OAO, 8.625%, 2034(a) | 713,000 | 900,519 | ||
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Pemex Project Funding Master Trust, 7.375%, 2014 | 721,000 | 795,984 | ||
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Pemex Project Funding Master Trust, 8.625%, 2022 | 410,000 | 500,815 | ||
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Pemex Project Funding Master Trust, 10%, 2027(a) | 122,000 | 162,260 | ||
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Pemex Project Funding Master Trust, 6.625%, 2035 | 29,000 | 29,029 | ||
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Pemex Project Funding Master Trust, FRN, 5.7913%, 2010 | 38,000 | 39,140 | ||
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Pemex Project Funding Master Trust, FRN, 5.01%, 2012(a) | 113,000 | 112,774 | ||
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Petronas Capital Ltd., 7.875%, 2022(a) | 487,000 | 598,386 | ||
|
|
|
|
|
Petronas Capital Ltd., 7.875%, 2022 | 802,000 | 985,432 | ||
|
|
|
|
|
$ | 4,942,779 | |||
|
|
|
|
|
Emerging Market Sovereign 2.6% | ||||
|
|
|
|
|
Aries Vermogensverwaltungs, 9.6%, 2014 | $ | 250,000 | $ | 319,375 |
|
|
|
|
|
Banco de La Republica Oriental del Uruguay, 10.5%, 2006 | UYU | 1,033,356 | 45,056 | |
|
|
|
|
|
Banque Centrale de Tunisie, 7.375%, 2012 | $ | 22,000 | 24,228 | |
|
|
|
|
|
Federal Republic of Brazil, 7.875%, 2015 | 49,000 | 52,969 | ||
|
|
|
|
|
Federal Republic of Brazil, 8%, 2018 | 107,000 | 117,005 | ||
|
|
|
|
|
Federal Republic of Brazil, 8.875%, 2019 | 218,000 | 251,790 | ||
|
|
|
|
|
Federal Republic of Brazil, 8.875%, 2024 | 89,000 | 102,573 | ||
|
|
|
|
|
Federal Republic of Brazil, 8.25%, 2034 | 55,000 | 60,775 | ||
|
|
|
|
|
Federal Republic of Brazil, 11%, 2040 | 5,000 | 6,458 | ||
|
|
|
|
|
Federal Republic of Brazil, FRN, 5.25%, 2012 | 1,642,619 | 1,635,391 | ||
|
|
|
|
|
Federal Republic of Brazil, FRN, 5.1875%, 2024 | 115,000 | 112,700 | ||
|
|
|
|
|
Government of Jamaica, 10.625%, 2017 | 34,000 | 38,505 | ||
|
|
|
|
|
Republic of Algeria, FRN, 4.8125%, 2006 | 5,333 | 5,327 | ||
|
|
|
|
|
Republic of Algeria, FRN, 4.8125%, 2010 | 85,400 | 85,187 | ||
|
|
|
|
|
Republic of Argentina, 2%, 2014 | ARS | 57,000 | 19,392 | |
|
|
|
|
|
Republic of Argentina, 8.28%, 2033 | $ | 17,424 | 15,543 | |
|
|
|
|
|
Republic of Argentina, FRN, 4.005%, 2012 | 1,320,000 | 1,044,780 | ||
|
|
|
|
|
Republic of Bulgaria, 8.25%, 2015 | 28,000 | 33,496 | ||
|
|
|
|
|
Republic of Colombia, 11.75%, 2020 | 10,000 | 14,275 | ||
|
|
|
|
|
Republic of Colombia, 8.125%, 2024 | 11,000 | 12,210 | ||
|
|
|
|
|
Republic of Colombia, FRN, 6.1422%, 2015 | 763,000 | 791,613 | ||
|
|
|
|
|
Republic of Costa Rica, 9.995%, 2020 | 27,000 | 33,980 | ||
|
|
|
|
|
Republic of Ecuador, 9%, 2030 | 13,000 | 12,545 | ||
|
|
|
|
|
Republic of El Salvador, 8.25%, 2032 | 42,000 | 47,460 | ||
|
|
|
|
|
Republic of El Salvador, 7.65%, 2035(a) | 15,000 | 16,031 | ||
|
|
|
|
|
Republic of Guatemala, 8.125%, 2034(a) | 24,000 | 26,880 | ||
|
|
|
|
|
Republic of Guatemala, 8.125%, 2034(a) | 10,000 | 11,200 | ||
|
|
|
|
|
4 |
MFS Multimarket Income Trust | ||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||
Issuer | Shares/Par | Value ($) | ||
|
|
|
|
|
Bonds continued | ||||
|
|
|
|
|
Emerging Market Sovereign continued | ||||
|
|
|
|
|
Republic of Indonesia, 7.25%, 2015 | $ | 19,000 | $ | 19,523 |
|
|
|
|
|
Republic of Panama, 9.375%, 2029 | 745,000 | 964,775 | ||
|
|
|
|
|
Republic of Panama, 6.7%, 2036 | 18,000 | 17,892 | ||
|
|
|
|
|
Republic of Peru, 5%, 2017 | 38,220 | 36,500 | ||
|
|
|
|
|
Republic of Philippines, 8%, 2016 | 747,000 | 786,218 | ||
|
|
|
|
|
Republic of Philippines, 9.375%, 2017 | 168,000 | 192,990 | ||
|
|
|
|
|
Republic of Philippines, 9.875%, 2019 | 40,000 | 47,550 | ||
|
|
|
|
|
Republic of Philippines, 9.5%, 2030 | 58,000 | 67,788 | ||
|
|
|
|
|
Republic of Philippines, 7.75%, 2031 | 479,000 | 472,414 | ||
|
|
|
|
|
Republic of South Africa, 9.125%, 2009 | 477,000 | 533,048 | ||
|
|
|
|
|
Republic of Turkey, 7.25%, 2015 | 66,000 | 69,135 | ||
|
|
|
|
|
Republic of Turkey, 7%, 2020 | 37,000 | 37,370 | ||
|
|
|
|
|
Republic of Turkey, 8%, 2034 | 154,000 | 167,860 | ||
|
|
|
|
|
Republic of Uruguay, 7.5%, 2015 | 49,000 | 51,450 | ||
|
|
|
|
|
Republic of Venezuela, 8.5%, 2014 | 198,000 | 221,859 | ||
|
|
|
|
|
Republic of Venezuela, 9.25%, 2027 | 20,000 | 25,000 | ||
|
|
|
|
|
Republic of Venezuela, 9.375%, 2034 | 81,000 | 101,048 | ||
|
|
|
|
|
Republic of Vietnam, 3.75%, 2028 | 16,000 | 13,200 | ||
|
|
|
|
|
Republic of Vietnam, FRN, 4.8125%, 2016 | 12,783 | 12,532 | ||
|
|
|
|
|
Russian Federation, 3%, 2008 | 1,982,000 | 1,884,287 | ||
|
|
|
|
|
Russian Federation, 3%, 2011 | 1,380,000 | 1,240,275 | ||
|
|
|
|
|
Russian Federation, 11%, 2018 | 18,000 | 26,428 | ||
|
|
|
|
|
State of Qatar, 9.75%, 2030 | 181,000 | 276,478 | ||
|
|
|
|
|
United Mexican States, 6.375%, 2013 | 759,000 | 803,781 | ||
|
|
|
|
|
United Mexican States, 6.625%, 2015 | 131,000 | 141,480 | ||
|
|
|
|
|
United Mexican States, 8.125%, 2019 | 806,000 | 983,320 | ||
|
|
|
|
|
United Mexican States, 8.3%, 2031 | 31,000 | 39,060 | ||
|
|
|
|
|
$ | 14,170,005 | |||
|
|
|
|
|
Energy - Independent 1.3% | ||||
|
|
|
|
|
Chesapeake Energy Corp., 7.5%, 2014 | $ | 580,000 | $ | 616,975 |
|
|
|
|
|
Chesapeake Energy Corp., 6.875%, 2016 | 1,495,000 | 1,524,900 | ||
|
|
|
|
|
Forest Oil Corp., 7.75%, 2014 | 950,000 | 995,125 | ||
|
|
|
|
|
Newfield Exploration Co., 6.625%, 2014 | 625,000 | 644,531 | ||
|
|
|
|
|
Ocean Energy, Inc., 4.375%, 2007 | 908,000 | 896,481 | ||
|
|
|
|
|
Plains Exploration & Production Co., 7.125%, 2014 | 1,080,000 | 1,134,000 | ||
|
|
|
|
|
Vintage Petroleum, Inc., 8.25%, 2012 | 950,000 | 1,017,688 | ||
|
|
|
|
|
$ | 6,829,700 | |||
|
|
|
|
|
Energy - Integrated 0.3% | ||||
|
|
|
|
|
Amerada Hess Corp., 7.3%, 2031 | $ | 1,555,000 | $ | 1,808,342 |
|
|
|
|
|
Entertainment 0.3% | ||||
|
|
|
|
|
AMC Entertainment, Inc., 9.5%, 2011 | $ | 484,000 | $ | 457,380 |
|
|
|
|
|
AMC Entertainment, Inc., 11%, 2016(a) | 275,000 | 276,375 | ||
|
|
|
|
|
Six Flags, Inc., 9.75%, 2013 | 475,000 | 486,281 | ||
|
|
|
|
|
Turner Broadcasting System, Inc., 8.375%, 2013 | 419,000 | 478,635 | ||
|
|
|
|
|
$ | 1,698,671 | |||
|
|
|
|
|
Financial Institutions 1.6% | ||||
|
|
|
|
|
American General Finance Corp., 4.875%, 2012 | $ | 2,752,000 | $ | 2,668,826 |
|
|
|
|
|
Berkshire Hathaway Finance Corp., 5.1%, 2014 | 4,500,000 | 4,461,980 | ||
|
|
|
|
|
Capital One Bank, 4.25%, 2008 | 1,296,000 | 1,264,816 | ||
|
|
|
|
|
MBNA Europe Funding PLC, 6.5%, 2007 | EUR | 150,000 | 189,780 | |
|
|
|
|
|
$ | 8,585,402 | |||
|
|
|
|
|
5 |
MFS Multimarket Income Trust | ||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||
Issuer | Shares/Par | Value ($) | ||
|
|
|
|
|
Bonds continued | ||||
|
|
|
|
|
Food & Non-Alcoholic Beverages 0.4% | ||||
|
|
|
|
|
Allied Domecq Financial Services PLC, 5.875%, 2009 | EUR | 125,000 | $ | 162,105 |
|
|
|
|
|
B&G Foods Holding Corp., 8%, 2011 | $ | 330,000 | 339,488 | |
|
|
|
|
|
Chaoda Modern Agriculture Holdings, 7.75%, 2010(a) | 53,000 | 53,530 | ||
|
|
|
|
|
Dean Foods Co., 6.625%, 2009 | 485,000 | 495,913 | ||
|
|
|
|
|
Smithfield Foods, Inc., 7%, 2011 | 950,000 | 964,250 | ||
|
|
|
|
|
$ | 2,015,286 | |||
|
|
|
|
|
Forest & Paper Products 1.4% | ||||
|
|
|
|
|
Abitibi-Consolidated, Inc., 7.75%, 2011 | $ | 1,580,000 | $ | 1,481,250 |
|
|
|
|
|
Buckeye Technologies, Inc., 8.5%, 2013 | 795,000 | 798,975 | ||
|
|
|
|
|
International Paper Co., 5.375%, 2006 | EUR | 140,000 | 172,488 | |
|
|
|
|
|
MDP Acquisitions PLC, 9.625%, 2012 | $ | 640,000 | 660,800 | |
|
|
|
|
|
MeadWestvaco Corp., 6.8%, 2032 | 679,000 | 671,651 | ||
|
|
|
|
|
Norske Skog Canada Ltd., 7.375%, 2014 | 1,210,000 | 1,064,800 | ||
|
|
|
|
|
Packaging Corp. of America, 5.75%, 2013 | 2,500,000 | 2,464,183 | ||
|
|
|
|
|
Sino-Forest Corp., 9.125%, 2011(a) | 10,000 | 10,800 | ||
|
|
|
|
|
UPM Kymmene Corp., 6.125%, 2012 | EUR | 100,000 | 134,374 | |
|
|
|
|
|
$ | 7,459,321 | |||
|
|
|
|
|
Gaming & Lodging 3.4% | ||||
|
|
|
|
|
Aztar Corp., 7.875%, 2014 | $ | 765,000 | $ | 793,688 |
|
|
|
|
|
Boyd Gaming Corp., 6.75%, 2014 | 1,140,000 | 1,120,050 | ||
|
|
|
|
|
Caesars Entertainment, Inc., 8.125%, 2011 | 1,520,000 | 1,675,800 | ||
|
|
|
|
|
Grupo Posadas S.A. de C.V., 8.75%, 2011 | 13,000 | 13,455 | ||
|
|
|
|
|
GTECH Holdings Corp., 5.25%, 2014 | 515,000 | 534,109 | ||
|
|
|
|
|
Harrah's Operating Co., Inc., 5.625%, 2015 | 1,018,000 | 995,192 | ||
|
|
|
|
|
Host Marriott LP, 7.125%, 2013 | 950,000 | 977,313 | ||
|
|
|
|
|
Host Marriott LP, 6.375%, 2015 | 200,000 | 197,500 | ||
|
|
|
|
|
Majestic Star Casino LLC, 9.5%, 2010 | 170,000 | 181,475 | ||
|
|
|
|
|
Mandalay Resort Group, 9.375%, 2010 | 950,000 | 1,047,375 | ||
|
|
|
|
|
MGM Mirage, Inc., 8.375%, 2011 | 2,530,000 | 2,719,750 | ||
|
|
|
|
|
NCL Corp. Ltd., 10.625%, 2014 | 1,000,000 | 1,046,250 | ||
|
|
|
|
|
Pinnacle Entertainment, Inc., 8.75%, 2013 | 505,000 | 537,825 | ||
|
|
|
|
|
Royal Caribbean Cruises Ltd., 8%, 2010 | 1,730,000 | 1,881,576 | ||
|
|
|
|
|
Royal Caribbean Cruises Ltd., 6.875%, 2013 | 370,000 | 392,816 | ||
|
|
|
|
|
Scientific Games Corp., 6.25%, 2012 | 825,000 | 808,500 | ||
|
|
|
|
|
Starwood Hotels & Resorts Worldwide, Inc., 7.875%, 2012 | 1,955,000 | 2,140,725 | ||
|
|
|
|
|
Station Casinos, Inc., 6.5%, 2014 | 870,000 | 867,825 | ||
|
|
|
|
|
Wynn Las Vegas LLC, 6.625%, 2014 | 500,000 | 486,875 | ||
|
|
|
|
|
$ | 18,418,099 | |||
|
|
|
|
|
Industrial 0.5% | ||||
|
|
|
|
|
Amsted Industries, Inc., 10.25%, 2011(a) | $ | 575,000 | $ | 618,125 |
|
|
|
|
|
JohnsonDiversey Holdings, Inc., 0% to 2007, 10.67% to 2013 | 735,000 | 617,400 | ||
|
|
|
|
|
Valmont Industries, Inc., 6.875%, 2014 | 1,270,000 | 1,279,525 | ||
|
|
|
|
|
$ | 2,515,050 | |||
|
|
|
|
|
Insurance 1.0% | ||||
|
|
|
|
|
ING Groep N.V., 5.775% to 2015, FRN to 2049 | $ | 2,500,000 | $ | 2,512,203 |
|
|
|
|
|
Prudential Financial, Inc., 5.1%, 2014 | 1,985,000 | 1,958,770 | ||
|
|
|
|
|
UnumProvident Corp., 7.625%, 2011 | 470,000 | 506,717 | ||
|
|
|
|
|
UnumProvident Corp., 6.85%, 2015(a) | 476,000 | 496,644 | ||
|
|
|
|
|
$ | 5,474,334 | |||
|
|
|
|
|
Insurance - Property & Casualty 0.9% | ||||
|
|
|
|
|
AIG SunAmerica Global Financing X, 6.9%, 2032(a) | $ | 2,384,000 | $ | 2,748,545 |
|
|
|
|
|
AIG SunAmerica Institutional Funding III, 3.5%, 2009 | EUR | 100,000 | 122,161 | |
|
|
|
|
|
6 |
MFS Multimarket Income Trust | ||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||
Issuer | Shares/Par | Value ($) | ||
|
|
|
|
|
Bonds continued | ||||
|
|
|
|
|
Insurance - Property & Casualty continued | ||||
|
|
|
|
|
Allianz AG, 5.5% to 2014, FRN to 2049 | EUR | 140,000 | $ | 183,451 |
|
|
|
|
|
AXIS Capital Holdings Ltd., 5.75%, 2014 | $ | 415,000 | 412,724 | |
|
|
|
|
|
Fund American Cos., Inc., 5.875%, 2013 | 1,464,000 | 1,464,892 | ||
|
|
|
|
|
$ | 4,931,773 | |||
|
|
|
|
|
International Market Quasi-Sovereign 1.0% | ||||
|
|
|
|
|
KfW Bankengruppe, 4.75%, 2006 | EUR | 750,000 | $ | 922,734 |
|
|
|
|
|
KfW Bankengruppe, 2.328%, 2007 | EUR | 1,678,000 | 2,040,778 | |
|
|
|
|
|
Landesbank Baden-Wurttemberg, FRN, 2.508%, 2007 | EUR | 557,000 | 678,004 | |
|
|
|
|
|
Landesbank Baden-Wurttemberg, FRN, 2.594%, 2007 | EUR | 521,000 | 634,202 | |
|
|
|
|
|
Landesbank Baden-Wurttemberg, FRN, 2.463%, 2007 | EUR | 990,000 | 1,205,293 | |
|
|
|
|
|
Vattenfall Treasury AB, 6%, 2010 | EUR | 125,000 | 167,189 | |
|
|
|
|
|
$ | 5,648,200 | |||
|
|
|
|
|
International Market Sovereign 11.1% | ||||
|
|
|
|
|
Federal Republic of Germany, 3.5%, 2008 | EUR | 5,298,000 | $ | 6,522,603 |
|
|
|
|
|
Federal Republic of Germany, 3.75%, 2015 | EUR | 1,044,000 | 1,299,990 | |
|
|
|
|
|
Federal Republic of Germany, 6.25%, 2030 | EUR | 374,000 | 634,735 | |
|
|
|
|
|
Government of Australia, 6.25%, 2015 | AUD | 397,000 | 319,581 | |
|
|
|
|
|
Government of Canada, 4.5%, 2015 | CAD | 723,000 | 647,921 | |
|
|
|
|
|
Government of New Zealand, 6.5%, 2013 | NZD | 6,379,000 | 4,541,351 | |
|
|
|
|
|
Government of New Zealand, 6%, 2015 | NZD | 1,404,000 | 973,528 | |
|
|
|
|
|
Government of New Zealand, 6%, 2017 | NZD | 997,000 | 692,950 | |
|
|
|
|
|
Kingdom of Netherlands, 5.75%, 2007 | EUR | 2,240,000 | 2,809,626 | |
|
|
|
|
|
Kingdom of Netherlands, 3.75%, 2009 | EUR | 2,649,000 | 3,290,079 | |
|
|
|
|
|
Kingdom of Spain, 6%, 2008 | EUR | 2,476,000 | 3,185,292 | |
|
|
|
|
|
Kingdom of Spain, 5.35%, 2011 | EUR | 1,817,000 | 2,444,899 | |
|
|
|
|
|
Republic of Austria, 5.5%, 2007 | EUR | 2,609,000 | 3,310,419 | |
|
|
|
|
|
Republic of Finland, 5.375%, 2013 | EUR | 4,262,000 | 5,862,948 | |
|
|
|
|
|
Republic of France, 4.75%, 2007 | EUR | 4,716,000 | 5,888,892 | |
|
|
|
|
|
Republic of France, 4%, 2009 | EUR | 215,000 | 269,691 | |
|
|
|
|
|
Republic of France, 5%, 2012 | EUR | 400,000 | 532,864 | |
|
|
|
|
|
Republic of France, 4.75%, 2012 | EUR | 480,000 | 633,446 | |
|
|
|
|
|
Republic of France, 5%, 2016 | EUR | 207,000 | 284,978 | |
|
|
|
|
|
Republic of France, 6%, 2025 | EUR | 204,000 | 327,069 | |
|
|
|
|
|
Republic of Ireland, 4.25%, 2007 | EUR | 4,564,000 | 5,676,881 | |
|
|
|
|
|
Republic of Ireland, 4.6%, 2016 | EUR | 486,000 | 647,206 | |
|
|
|
|
|
United Kingdom Treasury, 5.75%, 2009 | GBP | 2,589,000 | 4,853,382 | |
|
|
|
|
|
United Kingdom Treasury, 8%, 2015 | GBP | 2,035,000 | 4,765,213 | |
|
|
|
|
|
$ | 60,415,544 | |||
|
|
|
|
|
Machinery & Tools 0.5% | ||||
|
|
|
|
|
Case New Holland, Inc., 6%, 2009 | $ | 1,200,000 | $ | 1,179,000 |
|
|
|
|
|
Manitowoc Co., Inc., 10.5%, 2012 | 767,000 | 851,370 | ||
|
|
|
|
|
Terex Corp., 9.25%, 2011 | 570,000 | 608,475 | ||
|
|
|
|
|
$ | 2,638,845 | |||
|
|
|
|
|
Medical & Health Technology & Services 1.9% | ||||
|
|
|
|
|
AmerisourceBergen Corp., 5.875%, 2015(a) | $ | 1,010,000 | $ | 1,022,625 |
|
|
|
|
|
Baxter International, Inc., 9.5%, 2008 | 2,331,000 | 2,539,718 | ||
|
|
|
|
|
DaVita, Inc., 6.625%, 2013 | 300,000 | 303,000 | ||
|
|
|
|
|
Fisher Scientific International, Inc., 6.125%, 2015 | 655,000 | 655,819 | ||
|
|
|
|
|
HCA, Inc., 8.75%, 2010 | 2,085,000 | 2,298,802 | ||
|
|
|
|
|
HCA, Inc., 6.375%, 2015 | 2,075,000 | 2,071,553 | ||
|
|
|
|
|
Omnicare, Inc., 6.875%, 2015 | 635,000 | 635,794 | ||
7 |
MFS Multimarket Income Trust | ||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||
Issuer | Shares/Par | Value ($) | ||
|
|
|
| |
Bonds continued | ||||
|
|
|
|
|
Medical & Health Technology & Services continued | ||||
|
|
|
|
|
Triad Hospitals, Inc., 7%, 2013 | $ | 685,000 | $ | 690,994 |
|
|
|
|
|
$ | 10,218,305 | |||
|
|
|
|
|
Metals & Mining 0.8% | ||||
|
|
|
|
|
Codelco, Inc., 5.625%, 2035(a) | $ | 446,000 | $ | 434,314 |
|
|
|
|
|
Foundation PA Coal Co., 7.25%, 2014 | 1,015,000 | 1,053,063 | ||
|
|
|
|
|
Massey Energy Co., 6.875%, 2013(a) | 495,000 | 499,331 | ||
|
|
|
|
|
Peabody Energy Corp., 5.875%, 2016 | 1,220,000 | 1,195,600 | ||
|
|
|
|
|
Peabody Energy Corp., "B", 6.875%, 2013 | 340,000 | 351,900 | ||
|
|
|
|
|
U.S. Steel Corp., 9.75%, 2010 | 795,000 | 866,550 | ||
|
|
|
|
|
$ | 4,400,758 | |||
|
|
|
|
|
Mortgage Backed 0.6% | ||||
|
|
|
|
|
Fannie Mae, 6%, 2016 - 2017 | $ | 1,253,487 | $ | 1,281,334 |
|
|
|
|
|
Fannie Mae, 6.5%, 2031 - 2032 | 1,910,872 | 1,962,745 | ||
|
|
|
|
|
$ | 3,244,079 | |||
|
|
|
|
|
Municipals 0.5% | ||||
|
|
|
|
|
Honolulu, HI, City & County Rev., "A", MBIA, 5%, 2015 | $ | 2,520,000 | $ | 2,746,901 |
|
|
|
|
|
Natural Gas - Distribution 0.2% | ||||
|
|
|
|
|
AmeriGas Partners LP, 7.25%, 2015 | $ | 1,030,000 | $ | 1,032,575 |
|
|
|
|
|
Natural Gas - Pipeline 2.0% | ||||
|
|
|
|
|
ANR Pipeline Co., 8.875%, 2010 | $ | 440,000 | $ | 470,694 |
|
|
|
|
|
Atlas Pipeline Partners LP, 8.125%, 2015(a) | 470,000 | 484,100 | ||
|
|
|
|
|
CenterPoint Energy Resources Corp., 7.875%, 2013 | 1,250,000 | 1,419,759 | ||
|
|
|
|
|
Colorado Interstate Gas Co., 5.95%, 2015 | 365,000 | 357,224 | ||
|
|
|
|
|
Enterprise Products Operating LP, 6.65%, 2034 | 1,000,000 | 1,031,193 | ||
|
|
|
|
|
Kinder Morgan Energy Partners LP, 7.4%, 2031 | 2,775,000 | 3,157,212 | ||
|
|
|
|
|
Magellan Midstream Partners LP, 5.65%, 2016 | 1,123,000 | 1,120,219 | ||
|
|
|
|
|
Southern Natural Gas Co., Inc., 8.875%, 2010 | 1,040,000 | 1,112,549 | ||
|
|
|
|
|
Williams Cos., Inc., 8.75%, 2032 | 1,500,000 | 1,785,000 | ||
|
|
|
|
|
$ | 10,937,950 | |||
|
|
|
|
|
Network & Telecom 4.2% | ||||
|
|
|
|
|
AT&T Corp., 7.3%, 2011 | $ | 450,000 | $ | 495,901 |
|
|
|
|
|
AT&T Corp., 9.75%, 2031 | 1,715,000 | 2,120,457 | ||
|
|
|
|
|
Axtel S.A. de C.V., 11%, 2013 | 17,000 | 19,040 | ||
|
|
|
|
|
BellSouth Corp., 6.55%, 2034 | 3,213,000 | 3,350,516 | ||
|
|
|
|
|
Citizens Communications Co., 9.25%, 2011 | 1,785,000 | 1,963,500 | ||
|
|
|
|
|
Citizens Communications Co., 6.25%, 2013 | 1,420,000 | 1,377,400 | ||
|
|
|
|
|
Deutsche Telekom International Finance B.V., 8.125%, 2012 | EUR | 130,000 | 194,620 | |
|
|
|
|
|
Deutsche Telekom International Finance B.V., 8.25%, 2030 | $ | 1,477,000 | 1,842,652 | |
|
|
|
|
|
Eircom Funding PLC, 8.25%, 2013 | 1,130,000 | 1,203,450 | ||
|
|
|
|
|
Espirit Telecom Group PLC, 10.875%, 2008(d) | 165,000 | 0 | ||
|
|
|
|
|
France Telecom S.A., 7.2%, 2006 | 105,000 | 105,187 | ||
|
|
|
|
|
OTE Telecommunications PLC, 6.125%, 2007 | EUR | 195,000 | 244,811 | |
|
|
|
|
|
Qwest Corp., 7.875%, 2011 | $ | 1,890,000 | 1,998,675 | |
|
|
|
|
|
Qwest Corp., 8.875%, 2012 | 950,000 | 1,052,125 | ||
|
|
|
|
|
Telecom Italia Capital, 6%, 2034 | 2,020,000 | 1,912,782 | ||
|
|
|
|
|
Verizon New York, Inc., 7.375%, 2032 | 4,590,000 | 4,802,549 | ||
|
|
|
|
|
$ | 22,683,665 | |||
|
|
|
|
|
Oil Services 0.2% | ||||
|
|
|
|
|
GulfMark Offshore, Inc., 7.75%, 2014 | $ | 760,000 | $ | 794,200 |
|
|
|
|
|
Petroleum Export Peloil, 5.265%, 2011(a) | 353,000 | 348,870 | ||
|
|
|
|
|
$ | 1,143,070 | |||
8 |
MFS Multimarket Income Trust | ||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||
Issuer | Shares/Par | Value ($) | ||
Bonds continued |
||||
|
|
|
|
|
Oils 0.5% | ||||
|
|
|
|
|
Premcor Refining Group, Inc., 7.5%, 2015 | $ | 2,575,000 | $ | 2,742,573 |
|
|
|
|
|
Pharmaceuticals 0.2% | ||||
|
|
|
|
|
Schering-Plough Corp., 6.75%, 2033 | $ | 1,002,000 | $ | 1,119,698 |
|
|
|
|
|
Pollution Control 0.2% | ||||
|
|
|
|
|
Allied Waste North America, Inc., 7.875%, 2013 | $ | 775,000 | $ | 804,063 |
|
|
|
|
|
Veolia Environnement, 5.875%, 2008 | EUR | 250,000 | 322,485 | |
|
|
|
|
|
$ | 1,126,548 | |||
|
|
|
|
|
Precious Metals & Minerals 0% | ||||
|
|
|
|
|
Freeport-McMoRan Copper & Gold, Inc., 6.875%, 2014 | $ | 28,000 | $ | 28,385 |
|
|
|
|
|
Printing & Publishing 0.6% | ||||
|
|
|
|
|
Bertelsmann U.S. Finance, Inc., 4.625%, 2010 | EUR | 148,000 | $ | 186,251 |
|
|
|
|
|
Dex Media East LLC, 9.875%, 2009 | $ | 1,235,000 | 1,333,800 | |
|
|
|
|
|
Dex Media West LLC, 9.875%, 2013 | 567,000 | 625,826 | ||
|
|
|
|
|
MediaNews Group, Inc., 6.875%, 2013 | 895,000 | 841,300 | ||
|
|
|
|
|
Pearson PLC, 6.125%, 2007 | EUR | 135,000 | 169,266 | |
|
|
|
|
|
Reed Elsevier Capital, Inc., 5.75%, 2008 | EUR | 125,000 | 160,679 | |
|
|
|
|
|
$ | 3,317,122 | |||
|
|
|
|
|
Railroad & Shipping 0.4% | ||||
|
|
|
|
|
Societe Nationale des Chemins de Fer Francais, 7.5%, 2008 | EUR | 750,000 | $ | 996,463 |
|
|
|
|
|
TFM S.A. de C.V., 10.25%, 2007 | $ | 21,000 | 22,155 | |
|
|
|
|
|
TFM S.A. de C.V., 9.375%, 2012 | 817,000 | 898,700 | ||
|
|
|
|
|
TFM S.A. de C.V., 12.5%, 2012 | 325,000 | 368,875 | ||
|
|
|
|
|
$ | 2,286,193 | |||
|
|
|
|
|
Real Estate 0.2% | ||||
|
|
|
|
|
Simon Property Group LP, 4.6%, 2010 | $ | 1,375,000 | $ | 1,340,204 |
|
|
|
|
|
Retailers 1.2% | ||||
|
|
|
|
|
Couche-Tard, Inc., 7.5%, 2013 | $ | 365,000 | $ | 378,688 |
|
|
|
|
|
Gap, Inc., 9.55%, 2008 | 2,710,000 | 2,994,856 | ||
|
|
|
|
|
GSC Holdings Corp., 8%, 2012(a) | 270,000 | 262,238 | ||
|
|
|
|
|
Limited Brands, Inc., 5.25%, 2014 | 2,294,000 | 2,151,299 | ||
|
|
|
|
|
Rite Aid Corp., 8.125%, 2010 | 635,000 | 647,700 | ||
|
|
|
|
|
$ | 6,434,781 | |||
|
|
|
|
|
Specialty Stores 0% | ||||
|
|
|
|
|
LVMH Moet Hennessy Louis Vuitton S.A., 4.625%, 2011 | EUR | 125,000 | $ | 158,433 |
|
|
|
|
|
Steel 0.1% | ||||
|
|
|
|
|
Chaparral Steel Co., 10%, 2013 | $ | 445,000 | $ | 489,500 |
|
|
|
|
|
Supermarkets 0.5% | ||||
|
|
|
|
|
Safeway, Inc., 6.5%, 2008 | $ | 2,500,000 | $ | 2,567,378 |
|
|
|
|
|
Supranational 0.3% | ||||
|
|
|
|
|
Central American Bank, 4.875%, 2012(a) | $ | 721,000 | $ | 694,340 |
|
|
|
|
|
European Investment Bank, 5.375%, 2012 | EUR | 750,000 | 1,020,133 | |
|
|
|
|
|
Inter-American Development Bank, 8%, 2016 (r) | MXN | 264,000 | 24,870 | |
|
|
|
|
|
$ | 1,739,343 | |||
|
|
|
|
|
Telecommunications - Wireless 1.0% | ||||
|
|
|
|
|
America Movil S.A. de C.V., 6.375%, 2035 | $ | 38,000 | $ | 36,566 |
|
|
|
|
|
Centennial Communications Corp., 10.125%, 2013 | 520,000 | 569,400 | ||
|
|
|
|
|
Dolphin Telecom PLC, 11.5%, 2008(d) | 2,515,000 | 0 | ||
|
|
|
|
|
Mobile TeleSystems Finance S.A., 8.375%, 2010 | 19,000 | 19,950 | ||
|
|
|
|
|
Nextel Communications, Inc., 5.95%, 2014 | 2,760,000 | 2,779,585 | ||
|
|
|
|
|
9 |
MFS Multimarket Income Trust | ||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||
Issuer | Shares/Par | Value ($) | ||
|
|
|
|
|
Bonds continued | ||||
|
|
|
|
|
Telecommunications - Wireless continued | ||||
Rogers Wireless, Inc., 6.375%, 2014 |
$ | 950,000 | $ | 954,750 |
|
|
|
|
|
Rogers Wireless, Inc., 7.5%, 2015 | 980,000 | 1,063,300 | ||
|
|
|
|
|
Vodafone Group PLC, 5.75%, 2006 | EUR | 140,000 | 173,873 | |
|
|
|
|
|
$ | 5,597,424 | |||
|
|
|
|
|
Tobacco 0.5% | ||||
|
|
|
|
|
Altria Group, Inc., 5.625%, 2008 | EUR | 75,000 | $ | 95,702 |
|
|
|
|
|
R.J. Reynolds Tobacco Holdings, Inc., 7.25%, 2012 | $ | 2,508,000 | 2,570,700 | |
|
|
|
|
|
$ | 2,666,402 | |||
|
|
|
|
|
Transportation - Services 0.2% | ||||
|
|
|
|
|
Stena AB, 7%, 2016 | $ | 812,000 | $ | 753,130 |
|
|
|
|
|
Westinghouse Air Brake Technologies Corp., 6.875%, 2013 | 455,000 | 467,513 | ||
|
|
|
|
|
$ | 1,220,643 | |||
|
|
|
|
|
U.S. Government Agencies 4.4% | ||||
|
|
|
|
|
Freddie Mac, 4.2%, 2007 | $ | 14,300,000 | $ | 14,145,374 |
|
|
|
|
|
Freddie Mac, 4.375%, 2015 | 8,830,000 | 8,490,345 | ||
|
|
|
|
|
Small Business Administration, 5.34%, 2021 | 1,359,787 | 1,380,131 | ||
|
|
|
|
|
$ | 24,015,850 | |||
|
|
|
|
|
U.S. Treasury Obligations 10.9% | ||||
|
|
|
|
|
U.S. Treasury Bonds, 5.375%, 2031 | $ | 1,975,000 | $ | 2,174,197 |
|
|
|
|
|
U.S. Treasury Notes, 6.5%, 2010 | 49,864,000 | 53,475,251 | ||
|
|
|
|
|
U.S. Treasury Notes, TIPS, 3.625%, 2008 | 1,359 | 1,405 | ||
|
|
|
|
|
U.S. Treasury Notes, TIPS, 3.875%, 2009 | 3,807,195 | 4,027,297 | ||
|
|
|
|
|
U.S. Treasury Notes, TIPS, 4.25%, 2010 | 1,882 | 2,053 | ||
|
|
|
|
|
$ | 59,680,203 | |||
|
|
|
|
|
Utilities - Electric Power 6.3% | ||||
|
|
|
|
|
Allegheny Energy Supply Co., LLC, 8.25%, 2012(a) | $ | 1,180,000 | $ | 1,309,800 |
|
|
|
|
|
Beaver Valley Funding Corp., 9%, 2017 | 4,599,000 | 5,314,696 | ||
|
|
|
|
|
BVPS II Funding Corp., 8.68%, 2017 | 775,000 | 885,988 | ||
|
|
|
|
|
CenterPoint Energy, Inc., 7.25%, 2010 | 1,250,000 | 1,336,664 | ||
|
|
|
|
|
CMS Energy Corp., 8.5%, 2011 | 620,000 | 673,475 | ||
|
|
|
|
|
DPL, Inc., 6.875%, 2011 | 1,546,000 | 1,646,490 | ||
|
|
|
|
|
Duke Capital Corp., 8%, 2019 | 691,000 | 819,982 | ||
|
|
|
|
|
Dynegy Holdings, Inc., 9.875%, 2010(a) | 410,000 | 448,950 | ||
|
|
|
|
|
Empresa Nacional de Electricidad S.A., 8.35%, 2013 | 5,000 | 5,637 | ||
|
|
|
|
|
Enersis S.A., 7.375%, 2014 | 1,044,000 | 1,113,362 | ||
|
|
|
|
|
FirstEnergy Corp., 6.45%, 2011 | 1,215,000 | 1,277,280 | ||
|
|
|
|
|
HQI Transelec Chile S.A., 7.875%, 2011 | 350,000 | 384,062 | ||
|
|
|
|
|
MidAmerican Energy Holdings Co., 3.5%, 2008 | 2,437,000 | 2,345,807 | ||
|
|
|
|
|
MSW Energy Holdings LLC, 7.375%, 2010 | 1,045,000 | 1,076,350 | ||
|
|
|
|
|
National Grid Group Finance PLC, 5.25%, 2006 | EUR | 200,000 | 246,504 | |
|
|
|
|
|
Nevada Power Co., 5.875%, 2015 | $ | 1,965,000 | 1,953,601 | |
|
|
|
|
|
NorthWestern Corp., 5.875%, 2014 | 1,695,000 | 1,682,947 | ||
|
|
|
|
|
NRG Energy, Inc., 8%, 2013 | 433,000 | 482,795 | ||
|
|
|
|
|
NRG Energy, Inc., 7.375%, 2016 | 1,715,000 | 1,745,013 | ||
|
|
|
|
|
Reliant Resources, Inc., 9.25%, 2010 | 490,000 | 483,875 | ||
|
|
|
|
|
Reliant Resources, Inc., 9.5%, 2013 | 20,000 | 19,800 | ||
|
|
|
|
|
RWE Finance B.V., 5.375%, 2008 | EUR | 6,000 | 7,629 | |
|
|
|
|
|
System Energy Resources, Inc., 5.129%, 2014(a) | $ | 2,371,044 | 2,277,578 | |
|
|
|
|
|
TECO Energy, Inc., 7.5%, 2010 | 950,000 | 1,016,479 | ||
|
|
|
|
|
Texas Genco LLC, 6.875%, 2014(a) | 600,000 | 649,500 | ||
10 |
MFS Multimarket Income Trust | ||||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | ||||||
Issuer | Shares/Par | Value ($) | ||||
|
|
|
|
|
|
|
Bonds continued | ||||||
|
|
|
|
|
| |
Utilities - Electric Power continued | ||||||
|
|
|
|
|
| |
TXU Energy Co., 7%, 2013 | $ | 2,670,000 | $ | 2,825,901 | ||
|
|
|
|
|
| |
Waterford 3 Funding Corp., 8.09%, 2017 | 1,907,493 | 2,011,891 | ||||
|
|
|
|
|
| |
$ | 34,042,056 | |||||
|
|
|
|
|
|
|
Total Bonds | $ | 525,298,651 | ||||
|
|
|
|
|
| |
Issuer | ||||||
|
|
|
|
|
|
|
Stocks 0% | ||||||
|
|
|
|
|
| |
Printing & Publishing 0% | ||||||
|
|
|
|
|
| |
Golden Books Family Entertainment, Inc.(n) | 19,975 | $ | 0 | |||
|
|
|
|
|
| |
Tobacco 0% | ||||||
|
|
|
|
|
| |
Reynolds American, Inc. | 2,302 | $ | 232,801 | |||
|
|
|
|
|
| |
Total Stocks | $ | 232,801 | ||||
|
|
|
|
|
| |
Convertible Preferred Stock 0.2% | ||||||
|
|
|
|
|
| |
Automotive 0.2% | ||||||
|
|
|
|
|
| |
General Motors Corp., 5.25% | 55,125 | $ | 910,665 | |||
|
|
|
|
|
| |
Preferred Stock 0% | ||||||
|
|
|
|
|
| |
Real Estate 0% | ||||||
|
|
|
|
|
| |
HRPT Properties Trust, "B", 8.75% | 5,100 | $ | 130,560 | |||
|
|
|
|
|
| |
Warrants 0% | Strike Price | First Exercise | ||||
|
|
|
|
|
| |
Loral Space & Communications Ltd. (Business Services)(n) | $ 0.14 | 1/28/97 | 1,625 | $ | 0 | |
|
|
|
|
|
| |
Loral Space & Communications Ltd. (Business Services)(n) | 0.14 | 1/28/97 | 700 | 0 | ||
|
|
|
|
|
| |
Total Warrants | $ | 0 | ||||
|
|
|
|
|
| |
Convertible Bond 0% | ||||||
|
|
|
|
|
| |
Banks & Credit Companies 0% | ||||||
|
|
|
|
|
| |
Fortis Capital Co., 6.25%, 2049 | EUR | 155,000 | $ | 203,905 $ | ||
|
|
|
|
|
| |
Par Amount | ||||||
Issue/Expiration/Strike Price | of Contracts | Value($) | ||||
|
|
|
|
|
| |
Call Options Purchased 0% | ||||||
|
|
|
|
|
| |
U.S. Treasury Notes 10yr Future May 2006 @ $109 | $ | 105,000 | $ | 86,953 | ||
|
|
|
|
|
| |
Put Options Purchased 0% | ||||||
|
|
|
|
|
| |
U.S. Treasury Notes 10yr Future May 2006 @ $109 | $ | 105,000 | $ | 155,859 | ||
|
|
|
|
|
| |
Federal Republic of Brazil - February 2006 @ $125.35 | 600,000 | 0 | ||||
|
|
|
|
|
| |
Federal Republic of Brazil - February 2006 @ $129.70 | 60,000 | 1,260 | ||||
|
|
|
|
|
| |
Total Put Options Purchased | $ | 157,119 | ||||
|
|
|
|
|
| |
Issuer | Shares/Par | Value ($) | ||||
|
|
|
|
|
|
|
Short-Term Obligation 1.1% | ||||||
|
|
|
|
|
| |
Alpine Securitization Corp., 4.48%, due 2/01/06(y)(t) | $ | 5,697,000 | $ | 5,697,000 | ||
|
|
|
|
|
| |
Rights 0% | ||||||
|
|
|
|
|
| |
Emerging Market Sovereign 0% | ||||||
|
|
|
|
|
| |
Banco Central del Uruguay(n) | 1,250,000 | $ | 0 | |||
|
|
|
|
|
| |
Total Investments(k) | $ | 532,717,654 | ||||
|
|
|
|
|
| |
Other Assets, Less Liabilities 2.1% | 11,194,725 | |||||
|
|
|
|
|
| |
Net Assets 100.0% | $ | 543,912,379 | ||||
|
|
|
|
|
| |
(t) | Security exempt from registration with the U.S. Securities and Exchange Commission under Section 4(2) of the Securities | |||||
Act of 1933. | ||||||
(n) | Non-income producing security. | |||||
(a) | SEC Rule 144A restriction. | |||||
(y) | The rate shown represents an annualized yield at time of purchase. | |||||
11 |
MFS Multimarket Income Trust | |||||||
PORTFOLIO OF INVESTMENTS (Unaudited) 01/31/2006 - continued | |||||||
(k) | As of January 31, 2006, the trust had three securities representing $0 that were fair valued in accordance with the policies | ||||||
adopted by the Board of Trustees. | |||||||
(i) | Interest only security for which the trust receives interest on notional principal (Par amount). Par amount shown is the | ||||||
notional principal and does not reflect the cost of the security. | |||||||
(d) | Non-income producing security - in default. | ||||||
(r) | Restricted securities (excluding 144A issues) are not registered under the Securities Act of 1933 and are subject to legal or | ||||||
contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the | |||||||
public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and prompt sale | |||||||
at an
acceptable price may be difficult. The trust holds the following
restricted securities: |
|||||||
Acquisition | Acquisition | Current | Total % of | ||||
Restricted Security | Date | Cost | Market Value | Net Assets | |||
|
|
|
|
|
| ||
Airplane Pass-Through Trust, "D", | |||||||
10.875%, 2019 | 3/13/1996 | $246,925 | $ | - | |||
Inter-American Development Bank, | |||||||
8%, 2016 | 1/20/2006 | $24,931 | $ | 24,870 | |||
|
|
| |||||
Total Restricted Securities | $ | 24,870 | 0.00% | ||||
|
|
| |||||
The following abbreviations are used in the Portfolio of Investments and are defined: | |||||||
TIPS | Treasury Inflation Protected Security | ||||||
FRN | Floating Rate Note. The interest rate is the rate in effect as of period end. | ||||||
Insurer | |||||||
|
|
|
|
|
|
|
|
MBIA | MBIA Insurance Corp. | ||||||
Abbreviations have been used throughout this report to indicate amounts shown in currencies other than the U.S. dollar. All amounts | |||||||
are stated in U.S. dollars unless otherwise indicated. A list of abbreviations is shown below: | |||||||
ARS | Argentine Peso | ||||||
AUD | Australian Dollar | ||||||
BRL | Brazilian Real | ||||||
CAD | Canadian Dollar | ||||||
CLP | Chilean Peso | ||||||
CNY | Chinese Yuan Renminbi | ||||||
COP | Colombian Peso | ||||||
CZK | Czech Koruna | ||||||
DKK | Danish Krone | ||||||
EUR | Euro | ||||||
GBP | British Pound | ||||||
HUF | Hungarian Forint | ||||||
IDR | Indonesian Rupiah | ||||||
ILS | Israeli Sheqel | ||||||
INR | Indian Rupee | ||||||
JPY | Japanese Yen | ||||||
KRW | Korean Won | ||||||
MXN | Mexican Peso | ||||||
NOK | Norwegian Krone | ||||||
NZD | New Zealand Dollar | ||||||
PHP | Philippine Peso | ||||||
RUB | Russian Ruble | ||||||
SKK | Slovakian Koruna | ||||||
TRY | Turkish Lira | ||||||
UYU | Uruguayan Peso | ||||||
ZAR | South African Rand | ||||||
See attached schedules. For more information see notes to financial statements as disclosed in the most recent semiannual or annual | |||||||
report. | |||||||
12 |
MFS Multimarket Income Trust | |||||||||||
Supplemental Schedules (Unaudited) 1/31/2006 | |||||||||||
(1) Portfolio Securities |
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The cost and unrealized appreciation and depreciation in the value of the investments owned by the trust, as computed on | |||||||||||
a federal income tax basis, are as follows: | |||||||||||
Aggregate Cost | $ | 535,597,971 | |||||||||
Gross unrealized appreciation | $ | 10,785,332 | |||||||||
Gross unrealized depreciation | (13,665,649) | ||||||||||
Net unrealized appreciation (depreciation) | $ | (2,880,317) | |||||||||
Aggregate cost includes prior fiscal year end tax adjustments. |
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(2) Financial Instruments |
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Forward Foreign Currency Exchange Contracts | |||||||||||
Sales and Purchases in the table below are reported by currency. | |||||||||||
Net Unrealized | |||||||||||
Contracts to | Contracts | Appreciation | |||||||||
Deliver/Receive | Settlement Date | In Exchange For | at Value | (Depreciation) | |||||||
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Sales | |||||||||||
AUD | 638,451 | 2/6/06-2/7/06 | $ | 474,066 | $ | 482,876 | $ | (8,810) | |||
BRL | 128,052 | 2/2/06-2/23/06 | 57,595 | 57,901 | (306) | ||||||
EUR | 54,419,339 | 2/13/06-3/27/06 | 63,991,472 | 66,333,487 | (2,342,015) | ||||||
GBP | 5,386,541 | 3/30/06 | 9,610,721 | 9,609,261 | 1,460 | ||||||
IDR | 385,852,603 | 2/6/06 | 40,983 | 41,133 | (150) | ||||||
JPY | 575,659 | 2/13/06 | 5,040 | 4,930 | 110 | ||||||
KRW | 4,968,091 | 2/13/06 | 5,084 | 5,177 | (93) | ||||||
MXN | 465,105 | 2/27/06 | 44,172 | 44,437 | (265) | ||||||
NZD | 11,110,927 | 2/7/06 | 7,839,689 | 7,612,215 | 227,474 | ||||||
TRY | 65,720 | 2/7/06 | 48,111 | 49,536 | (1,425) | ||||||
ZAR | 455,044 | 2/21/06 | 75,000 | 74,844 | 156 | ||||||
$ | 82,191,933 | $ | 84,315,797 | $ | (2,123,864) | ||||||
Purchases | |||||||||||
AUD | 962,110 | 2/6/06-2/7/06 | $ | 722,388 | $ | 727,663 | $ | 5,275 | |||
BRL | 383,182 | 2/2/06-2/24/06 | 166,436 | 173,260 | 6,824 | ||||||
CAD | 567,121 | 3/20/06 | 489,341 | 497,229 | 7,888 | ||||||
CLP | 88,813,183 | 2/13/06-2/23/06 | 169,374 | 168,668 | (706) | ||||||
CNY | 1,794,375 | 2/27/06 | 225,000 | 223,340 | (1,660) | ||||||
COP | 232,500,000 | 2/21/06 | 102,468 | 102,548 | 80 | ||||||
CZK | 10,672,326 | 2/13/06 | 436,496 | 458,288 | 21,792 | ||||||
DKK | 450,944 | 3/13/06 | 73,564 | 73,725 | 161 | ||||||
EUR | 3,755,094 | 2/13/06-3/20/06 | 4,520,711 | 4,577,328 | 56,617 | ||||||
HUF | 12,025,200 | 2/17/06 | 58,301 | 58,098 | (203) | ||||||
IDR | 512,120,505 | 2/6/06 | 52,933 | 54,593 | 1,660 | ||||||
ILS | 430,750 | 2/21/06 | 93,210 | 92,344 | (866) | ||||||
INR | 2,208,500 | 2/28/06 | 50,057 | 50,133 | 76 | ||||||
13 |
JPY | 575,659 | 2/13/06 | 5,033 | 4,930 | (103) | ||||||
KRW | 4,968,091 | 2/13/06 | 5,040 | 5,177 | 137 | ||||||
MXN | 5,609,491 | 2/8/06-2/27/06 | 524,481 | 536,848 | 12,367 | ||||||
NOK | 8,716,124 | 3/13/06 | 1,318,059 | 1,314,915 | (3,144) | ||||||
NZD | 5,828,741 | 2/7/06-3/20/06 | 3,948,746 | 3,984,704 | 35,958 | ||||||
PHP | 5,545,500 | 2/17/06 | 105,749 | 106,376 | 627 | ||||||
RUB | 2,854,500 | 2/21/06 | 101,116 | 101,493 | 377 | ||||||
SKK | 5,058,966 | 2/10/06 | 162,982 | 164,941 | 1,959 | ||||||
TRY | 659,040 | 2/7/06 | 480,825 | 496,744 | 15,919 | ||||||
ZAR | 1,576,777 | 2/21/06 | 258,976 | 259,342 | 366 | ||||||
$ | 14,071,286 | $ | 14,232,687 | $ | 161,401 | ||||||
At January 31, 2006, forward foreign currency purchases and sales under master netting agreements excluded above | |||||||||||
amounted to a net payable of $113,197 with Merrill Lynch International. | |||||||||||
Futures Contracts | |||||||||||
Unrealized | |||||||||||
Expiration | Appreciation | ||||||||||
Contracts | Value | Date | (Depreciation) | ||||||||
U.S. Treasury Note 10 yr (Long) | 1 | $ | 108,437 | March 2006 | $ | (675) | |||||
U.S. Treasury Note 10 yr (Short) | 74 | 8,024,375 | March 2006 | 78,366 | |||||||
$ | 77,691 | ||||||||||
At January 31, 2006, the trust had sufficient cash and/or securities to cover any margin requirements under these contracts. | |||||||||||
MFS Investment Management® | |||||||||||
14 |
ITEM 2. CONTROLS AND PROCEDURES. | |
(a) |
Based upon their evaluation of the registrants disclosure controls and procedures (as |
defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the Act)) as | |
conducted within 90 days of the filing date of this Form N-Q, the registrants principal | |
financial officer and principal executive officer have concluded that those disclosure | |
controls and procedures provide reasonable assurance that the material information | |
required to be disclosed by the registrant on this report is recorded, processed, | |
summarized and reported within the time periods specified in the Securities and Exchange | |
Commissions rules and forms.
| |
(b) | There were no changes in the registrants internal controls over financial reporting (as |
defined in Rule 30a-3(d) under the Act) that occurred during the registrants last fiscal | |
quarter that have materially affected, or are reasonably likely to materially affect, the | |
registrants internal control over financial reporting. | |
ITEM 3. EXHIBITS. | |
File as exhibits as part of this Form a separate certification for each principal executive officer | |
and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 | |
CFR 270.30a-2): Attached hereto. |
Notice | |
A copy of the Amended and Restated Declaration of Trust of the Registrant is on file with the | |
Secretary of State of the Commonwealth of Massachusetts and notice is hereby given that this | |
instrument is executed on behalf of the Registrant by an officer of the Registrant as an officer | |
and not individually and the obligations of or arising out of this instrument are not binding | |
upon any of the Trustees or shareholders individually, but are binding only upon the assets and | |
property of the respective constituent series of the Registrant. | |
SIGNATURES | |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment | |
Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by | |
the undersigned, thereunto duly authorized. | |
Registrant: MFS MULTIMARKET INCOME TRUST | |
By (Signature and Title)* |
MARIA F. DWYER |
Maria F. Dwyer, President | |
Date: March 24, 2006 |
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment | |
Company Act of 1940, this report has been signed below by the following persons on behalf | |
of the registrant and in the capacities and on the dates indicated. | |
By (Signature and Title)* |
MARIA F. DWYER |
Maria F. Dwyer, President (Principal Executive Officer) | |
Date: March 24, 2006 |
|
By (Signature and Title)* |
TRACY ATKINSON |
Tracy Atkinson, Treasurer (Principal Financial Officer and | |
Accounting Officer) | |
Date: March 24, 2006 |
|
* Print name and title of each signing officer under his or her signature. |