Sit Investment Associates Increases Stake in MFS Government Markets Income Trust to 31.5%

Sit Investment Associates Inc. (SIA) and Sit Fixed Income Advisors II LLC have filed Amendment No. 5 to their Schedule 13D for MFS Government Markets Income Trust (MGF). As of the event date on May 21, 2026, the filers reported an increased ownership of 10,256,201 shares of common stock, representing 31.5% of the class. This is an increase from the 9,913,156 shares (30.4%) previously reported. The filing details a consistent series of open-market purchases conducted between March 23, 2026, and May 21, 2026, with share prices ranging from $2.84 to $2.97. The Sit Entities share voting and dispositive power over the reported shares, which are held for the accounts of various clients. No individual client account holds more than 5% of the outstanding shares. The aggregate percentage is based on 32,590,193 shares outstanding as of November 30, 2025. This amendment continues a trend of position accumulation by the reporting persons throughout the first half of 2026.