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MFS(R)CORE GROWTH FUND MFS(R)MID CAP VALUE FUND
MFS(R)SCIENCE AND TECHNOLOGY FUND MFS(R)LARGE CAP VALUE FUND
MFS(R)INTERNATIONAL OPPORTUNITIES FUND MFS(R)HIGH QUALITY BOND FUND
MFS(R)INTERNATIONAL STRATEGIC GROWTH FUND MFS(R)STRATEGIC VALUE FUND
MFS(R)INTERNATIONAL VALUE FUND MFS(R)EMERGING MARKETS DEBT FUND
MFS(R)INTERMEDIATE INVESTMENT GRADE BOND FUND MFS(R)INCOME FUND
MFS(R)RESEARCH BOND FUND MFS(R)EUROPEAN EQUITY FUND
MFS(R)NEW YORK HIGH INCOME TAX FREE FUND MFS(R)HIGH YIELD FUND
MFS(R)MASSACHUSETTS HIGH INCOME TAX FREE FUND MFS(R)CONCENTRATED GROWTH FUND
VERTEX CONTRARIAN FUND VERTEX ALL CAP FUND
Supplement to the Current Prospectus and
Statement of Additional Information (the "SAI")
The second, third and fourth categories in the section of the Prospectus
entitled "Purchases Subject to a CDSC (but not an initial sales charge)" or, for
certain funds, in Appendix B of the Prospectus entitled "Sales Charge Categories
Available to Certain Retirement Plans," are hereby restated as follows:
o Investments in class A shares by certain retirement plans subject to
ERISA, if
o The retirement plan and/or sponsoring organization participates
in the MFS Fundamental 401(k) Program or any similar
recordkeeping system made available by MFSC (referred to as the
MFS participant recordkeeping system);
o The plan establishes an account with MFSC on or after July 1,
1996; and
o The total purchases by the retirement plan (or by multiple plans
maintained by the same plan sponsor) of class A shares of the MFS
Funds will be in the amount of at least $500,000 within a
reasonable period of time, as determined by MFD in its sole
discretion.
o Investments in class A shares by certain retirement plans subject to
ERISA, if
o The plan establishes an account with MFSC on or after July 1,
1996; and
o The plan has, at the time of purchase, either alone or in
aggregate with other plans maintained by the same plan sponsor, a
market value of $500,000 or more invested in shares of any class
or classes of the MFS Funds.
The retirement plans will qualify under this category only if the
plans or their sponsoring organization informs MFSC prior to the
purchases that the plans have a market value of $500,000 or more
invested in shares of any class or classes of the MFS Funds; MFSC
has no obligation independently to determine whether such plans
qualify under this category.
o Investment in class A shares by certain retirement plans subject to
ERISA, if
o The plan established an account with MFSC between July 1, 1997
and December 31, 1999;
o The plan records are maintained on a pooled basis by MFSC; and
o The sponsoring organization demonstrates to the satisfaction of
MFD that, at the time of purchase, the employer has at least 200
eligible employees and the plan has aggregate assets of at least
$2,000,000.
Appendix A to Part II of the SAI is amended to add the following waiver category
under the heading "Waivers of Class A Sales Charges - Retirement Plans":
o Reinvestment of Redemption Proceeds from Class B Shares
o Shares acquired by a retirement plan whose sponsoring
organization subscribes to the MFS Participant Recordkeeping
System where the purchase represents the immediate reinvestment
of proceeds from the plan's redemption of its Class B
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shares of the MFS Funds and is equal to or exceeds $500,000,
either alone or in aggregate with the current market value of the
plan's existing Class A shares.
Appendix A to Part II of the SAI is amended to add the following two waiver
categories under the heading "Waivers of Class A Sales Charges - Shares redeemed
on account of distributions made under the following circumstances":
o Retirement Plan Recordkeeping Service Agreements
o where the retirement plan is, at that time, a party to a
retirement plan recordkeeping or administrative services
agreement with MFD or one of its affiliates pursuant to which
certain of those services are provided by Benefit Services
Corporation or any successor service provider designated by MFD.
o where the retirement plan has established an account with MFSC on
or after January 1, 2000 and is, at that time, a party to a
retirement plan recordkeeping or administrative services
agreement with MFD or one of its affiliates pursuant to which
such services are provided with respect to at least $10 million
in plan assets.
Appendix B to Part II of the SAI is amended to restate the second paragraph and
to add a third paragraph under the heading "Dealer Commissions and Concessions -
Class A Shares - Purchases Subject to a CDSC (but not on Initial Sales Charge)":
Except for those employer sponsored retirement plans described below,
for purposes of determining the level of commissions to be paid to
dealers with respect to a shareholder's new investment in class A
shares purchases for each shareholder account (and certain other
accounts for which the shareholder is a record or beneficial holder)
will be aggregated over a 12-month period (commencing from the date of
the first such purchase).
In the case of employer sponsored retirement plans whose account
application or other account establishment paperwork is received in
good order after December 31, 1999, purchases will be aggregated as
described above but the cumulative purchase amount will not be re-set
after the date of the first such purchase.
The date of this Supplement is January 1, 2000.
