Aberdeen Investments completes transition of about $2 billion in U.S. closed-end fund assets from MFS

Aberdeen Intermediate Income Fund

Aberdeen Intermediate Income Fund

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  • Aberdeen, manager of Aberdeen Intermediate Income Fund, completed the transition of about $2 billion in U.S. fixed income and municipal bond closed-end fund assets from MFS on July 3.
  • Assets were consolidated through mergers, creating a roughly $1 billion municipal bond closed-end fund and a roughly $0.8 billion multi-sector fixed income closed-end fund.
  • Aberdeen also took over advisory contracts for two taxable investment grade fixed income closed-end funds with about $314 million and $105 million in assets.
  • Oversight of the transferred assets will be led by Jonathan Mondillo, Aberdeen’s global head of fixed income.
  • Aberdeen said it manages about $29 billion in closed-end funds globally, ranking fifth by assets as of July 2.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aberdeen Intermediate Income Fund published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein.