Sit Investment Associates Increases Stake in MFS Government Markets Income Trust to 30.4%

Sit Investment Associates, Inc. and Sit Fixed Income Advisors II, LLC (the 'Sit Entities') filed an Amendment No. 4 to their Schedule 13D for MFS Government Markets Income Trust (MGF). As of May 11, 2026, the Sit Entities have increased their aggregate beneficial ownership to 9,913,156 shares of common stock, representing approximately 30.4% of the class. This reflects an increase from the 29.0% ownership (9,448,005 shares) previously reported. The filing details a series of open-market purchase transactions occurring between March 13, 2026, and May 11, 2026. Notable activity includes a significant purchase of 248,772 shares on May 11, 2026, at a price of $2.92 per share, and a purchase of 114,113 shares on April 16, 2026, at $2.94 per share. The Sit Entities share voting and dispositive power over the reported shares, which are held in various client accounts. No single client account currently owns more than 5% of the outstanding shares. The reporting persons have continued to accumulate shares steadily over the past 60 days.