<PAGE>
MFS(R) Managed Sectors Fund
MFS(R) Cash Reserve Fund
MFS(R) Global Asset Allocation Fund
MFS(R) New Discovery Fund
MFS(R) Research Growth and Income Fund
MFS(R) Equity Income Fund
MFS(R) Research International Fund
MFS(R) Strategic Growth Fund
MFS(R) Core Growth Fund
MFS(R) Technology Fund
MFS(R) Emerging Growth Fund
MFS(R) Large Cap Growth Fund
MFS(R) Charter Income Fund
MFS(R) Global Telecommunications Fund
MFS(R) High Income Fund
MFS(R) Municipal High Income Fund
MFS(R) High Yield Opportunities Fund
MFS(R) Money Market Fund
MFS(R) Government Money Market Fund
MFS(R) Municipal Bond Fund
MFS(R) Mid Cap Growth Fund
MFS(R) Total Return Fund
MFS(R) Research Fund
MFS(R) Global Total Return Fund
MFS(R) Utilities Fund
MFS(R) Global Equity Fund
MFS(R) Global Governments Fund
MFS(R) Capital Opportunities Fund
MFS(R) Strategic Income Fund
MFS(R) Global Growth Fund
MFS(R) Bond Fund
MFS(R) Limited Maturity Fund
MFS(R) Municipal Limited Maturity Fund
MFS(R) Government Mortgage Fund
MFS(R) International Growth Fund
MFS(R) International Growth and Income Fund
MFS(R) Emerging Markets Equity Fund
MFS(R) New Endeavor Fund
MFS(R) Alabama Municipal Bond Fund
MFS(R) Arkansas Municipal Bond Fund
MFS(R) California Municipal Bond Fund
MFS(R) Florida Municipal Bond Fund
MFS(R) Georgia Municipal Bond Fund
MFS(R) Maryland Municipal Bond Fund
MFS(R) Massachusetts Municipal Bond Fund
MFS(R) Mississippi Municipal Bond Fund
MFS(R) New York Municipal Bond Fund
MFS(R) North Carolina Municipal Bond Fund
MFS(R) Pennsylvania Municipal Bond Fund
MFS(R) South Carolina Municipal Bond Fund
MFS(R) Tennessee Municipal Bond Fund
MFS(R) Virginia Municipal Bond Fund
MFS(R) West Virginia Municipal Bond Fund
MFS(R) Municipal Income Fund
MFS(R) Growth Opportunities Fund
MFS(R) Government Securities Fund
Massachusetts Investors Growth Stock Fund
MFS(R) Government Limited Maturity Fund
Massachusetts Investors Trust
MFS(R) Union Standard Equity Fund
SUPPLEMENT TO THE CURRENT STATEMENT OF ADDITIONAL INFORMATION
Until terminated by MFS Fund Distributors, Inc. ("MFD"), the Funds' distributor,
MFD will incur, on behalf of H. D. Vest Investment Securities, Inc., the initial
ticket charge of $15 with respect to purchases of shares of any MFS fund made
through VESTADVISOR accounts. MFD will not incur such charge with respect to
redemptions or repurchases of fund shares, exchanges of fund shares, or shares
purchased or redeemed through systematic investment or withdrawal plans.
The date of this Supplement is September 15, 1998 (as revised September 1, 2000)
<PAGE>
MFS(R) International Opportunities Fund
MFS(R) International Strategic Growth Fund
MFS(R) International Value Fund
MFS(R) Intermediate Investment Grade Bond Fund
MFS(R) Research Bond Fund
MFS(R) Emerging Opportunities Fund
MFS(R) Large Cap Value Fund
MFS(R) High Quality Bond Fund
MFS(R) Strategic Value Fund
MFS(R) Emerging Markets Debt Fund
MFS(R) Income Fund
MFS(R) European Equity Fund
MFS(R) High Yield Fund
MFS(R) Concentrated Growth Fund
VertexSM All Cap Fund
VertexSM Contrarian Fund
VertexSM Income Fund
MFS(R) New York High Income Tax Free Fund
MFS(R) Massachusetts High Income Tax Free Fund
SUPPLEMENT TO THE CURRENT STATEMENT OF ADDITIONAL INFORMATION
Until terminated by MFS Fund Distributors, Inc. ("MFD"), the Funds' distributor,
MFD will incur, on behalf of H. D. Vest Investment Securities, Inc., the initial
ticket charge of $15 with respect to purchases of shares of any MFS fund made
through VESTADVISOR accounts. MFD will not incur such charge with respect to
redemptions or repurchases of fund shares, exchanges of fund shares, or shares
purchased or redeemed through systematic investment or withdrawal plans.
The date of this Supplement is September 15, 1998 (as revised September 1, 2000)
<PAGE>
MFS(R) Managed Sectors Fund
MFS(R) Cash Reserve Fund
MFS(R) Global Asset Allocation Fund
MFS(R) New Discovery Fund
MFS(R) Research Growth and Income Fund
MFS(R) Equity Income Fund
MFS(R) Research International Fund
MFS(R) Strategic Growth Fund
MFS(R) Core Growth Fund
MFS(R) Technology Fund
MFS(R) Emerging Growth Fund
MFS(R) Large Cap Growth Fund
MFS(R) Charter Income Fund
MFS(R) Global Telecommunications Fund
MFS(R) High Income Fund
MFS(R) Municipal High Income Fund
MFS(R) High Yield Opportunities Fund
MFS(R) Money Market Fund
MFS(R) Government Money Market Fund
MFS(R) Municipal Bond Fund
MFS(R) Mid Cap Growth Fund
MFS(R) Total Return Fund
MFS(R) Research Fund
MFS(R) Global Total Return Fund
MFS(R) Utilities Fund
MFS(R) Global Equity Fund
MFS(R) Global Governments Fund
MFS(R) Capital Opportunities Fund
MFS(R) Strategic Income Fund
MFS(R) Global Growth Fund
MFS(R) Bond Fund
MFS(R) Limited Maturity Fund
MFS(R) Municipal Limited Maturity Fund
MFS(R) Government Mortgage Fund
MFS(R) International Growth Fund
MFS(R) International Growth and Income Fund
MFS(R) Emerging Markets Equity Fund
MFS(R) New Endeavor Fund
MFS(R) Alabama Municipal Bond Fund
MFS(R) Arkansas Municipal Bond Fund
MFS(R) California Municipal Bond Fund
MFS(R) Florida Municipal Bond Fund
MFS(R) Georgia Municipal Bond Fund
MFS(R) Maryland Municipal Bond Fund
MFS(R) Massachusetts Municipal Bond Fund
MFS(R) Mississippi Municipal Bond Fund
MFS(R) New York Municipal Bond Fund
MFS(R) North Carolina Municipal Bond Fund
MFS(R) Pennsylvania Municipal Bond Fund
MFS(R) South Carolina Municipal Bond Fund
MFS(R) Tennessee Municipal Bond Fund
MFS(R) Virginia Municipal Bond Fund
MFS(R) West Virginia Municipal Bond Fund
MFS(R) Municipal Income Fund
MFS(R) Growth Opportunities Fund
MFS(R) Government Securities Fund
Massachusetts Investors Growth Stock Fund
MFS(R) Government Limited Maturity Fund
Massachusetts Investors Trust
MFS(R) Union Standard Equity Fund
Supplement to the Current Statement of Additional Information
In lieu of the sales commission and service fees normally paid by MFD to
broker-dealers of record as described in the Prospectus, MFD has agreed to pay
Bear, Stearns & Co. Inc. the following amounts with respect to Class A shares of
the Fund purchased through a special retirement plan program offered by a third
party administrator: (i) an amount equal to 0.05% per annum of the average daily
net assets invested in shares of the Fund pursuant to such program, and (ii) an
amount equal to 0.20% of the net asset value of all net purchases of shares of
the Fund made through such program, subject to a refund in the event that such
shares are redeemed within 36 months.
The date of this Supplement is August 1, 1999 (as revised September 1, 2000).
<PAGE>
MFS(R) International Opportunities Fund
MFS(R) International Strategic Growth Fund
MFS(R) International Value Fund
MFS(R) Intermediate Investment Grade Bond Fund
MFS(R) Research Bond Fund
MFS(R) Emerging Opportunities Fund
MFS(R) Large Cap Value Fund
MFS(R) High Quality Bond Fund
MFS(R) Strategic Value Fund
MFS(R) Emerging Markets Debt Fund
MFS(R) Income Fund
MFS(R) European Equity Fund
MFS(R) High Yield Fund
MFS(R) Concentrated Growth Fund
VertexSM All Cap Fund
VertexSM Contrarian Fund
VertexSM Income Fund
MFS(R) New York High Income Tax Free Fund
MFS(R) Massachusetts High Income Tax Free Fund
SUPPLEMENT TO THE CURRENT STATEMENT OF ADDITIONAL INFORMATION
Until terminated by MFS Fund Distributors, Inc. ("MFD"), the Funds' distributor,
MFD will incur, on behalf of H. D. Vest Investment Securities, Inc., the initial
ticket charge of $15 with respect to purchases of shares of any MFS fund made
through VESTADVISOR accounts. MFD will not incur such charge with respect to
redemptions or repurchases of fund shares, exchanges of fund shares, or shares
purchased or redeemed through systematic investment or withdrawal plans.
The date of this Supplement is September 15, 1998 (as revised September 1, 2000)
<PAGE>
MFS(R) Managed Sectors Fund
MFS(R) Cash Reserve Fund
MFS(R) Global Asset Allocation Fund
MFS(R) Core Growth Fund
MFS(R) Technology Fund
MFS(R) New Discovery Fund
MFS(R) Research Growth and Income Fund
MFS(R) Equity Income Fund
MFS(R) Research International Fund
MFS(R) Strategic Growth Fund
MFS(R) Global Telecommunications Fund
MFS(R) Emerging Growth Fund
MFS(R) Large Cap Growth Fund
MFS(R) Charter Income Fund
MFS(R) High Income Fund
MFS(R) Municipal High Income Fund
MFS(R) High Yield Opportunities Fund
MFS(R) Money Market Fund
MFS(R) Government Money Market Fund
MFS(R) Municipal Bond Fund
MFS(R) Mid Cap Growth Fund
MFS(R) Total Return Fund
MFS(R) Research Fund
MFS(R) Global Total Return Fund
MFS(R) Utilities Fund
MFS(R) Global Equity Fund
MFS(R) Global Governments Fund
MFS(R) Capital Opportunities Fund
MFS(R) Strategic Income Fund
MFS(R) Global Growth Fund
MFS(R) Bond Fund
MFS(R) Limited Maturity Fund
MFS(R) Municipal Limited Maturity Fund
MFS(R) Government Mortgage Fund
MFS(R) International Growth Fund
MFS(R)International Growth and Income Fund
MFS(R)Emerging Markets Equity Fund
MFS(R) New Endeavor Fund
MFS(R) Union Standard Equity Fund
MFS(R) Alabama Municipal Bond Fund
MFS(R) Arkansas Municipal Bond Fund
MFS(R) California Municipal Bond Fund
MFS(R) Florida Municipal Bond Fund
MFS(R) Georgia Municipal Bond Fund
MFS(R)Maryland Municipal Bond Fund
MFS(R)Massachusetts Municipal Bond Fund
MFS(R) Mississippi Municipal Bond Fund
MFS(R) New York Municipal Bond Fund
MFS(R)North Carolina Municipal Bond Fund
MFS(R)Pennsylvania Municipal Bond Fund
MFS(R) South Carolina Municipal Bond Fund
MFS(R) Tennessee Municipal Bond Fund
MFS(R) Virginia Municipal Bond Fund
MFS(R) West Virginia Municipal Bond Fund
MFS(R) Municipal Income Fund
MFS(R) Growth Opportunities Fund
MFS(R) Government Securities Fund
Massachusetts Investors Growth Stock Fund
MFS(R)Government Limited Maturity Fund
Massachusetts Investors Trust
Supplement to the Current Statement of Additional Information
Until terminated by MFS Fund Distributors, Inc. ("MFD"), the Funds' distributor,
MFD will incur, on behalf of Royal Alliance Associates, Inc., up to $15 toward
the ticket charge with respect to purchases of shares of any MFS Fund made
through the GOLD Select Program. MFD will not incur such charge with respect to
redemptions or repurchases of Fund shares, exchanges of Fund shares, or shares
purchased or redeemed through systematic investment or withdrawal plans.
The date of this Supplement is August 1, 1999 (as revised September 1, 2000).
<PAGE>
MFS(R) International Opportunities Fund
MFS(R) International Strategic Growth Fund
MFS(R) International Value Fund
MFS(R) Intermediate Investment Grade Bond Fund
MFS(R) Research Bond Fund
MFS(R) Emerging Opportunities Fund
MFS(R) Large Cap Value Fund
MFS(R) High Quality Bond Fund
MFS(R) Strategic Value Fund
MFS(R) Emerging Markets Debt Fund
MFS(R) Income Fund
MFS(R) European Equity Fund
MFS(R) High Yield Fund
MFS(R) Concentrated Growth Fund
VertexSM All Cap Fund
VertexSM Contrarian Fund
VertexSM Income Fund
MFS(R) New York High Income Tax Free Fund
MFS(R) Massachusetts High Income Tax Free Fund
Supplement to the Current Statement of Additional Information
Until terminated by MFS Fund Distributors, Inc. ("MFD"), the Funds' distributor,
MFD will incur, on behalf of Royal Alliance Associates, Inc., up to $15 toward
the ticket charge with respect to purchases of shares of any MFS Fund made
through the GOLD Select Program. MFD will not incur such charge with respect to
redemptions or repurchases of Fund shares, exchanges of Fund shares, or shares
purchased or redeemed through systematic investment or withdrawal plans.
The date of this Supplement is August 1, 1999 (as revised September 1, 2000).
<PAGE>
MFS(R) MANAGED SECTORS FUND
MFS(R) CASH RESERVE FUND
MFS(R) CORE GROWTH FUND
MFS(R) GLOBAL ASSET ALLOCATION FUND
MFS(R) NEW DISCOVERY FUND
MFS(R) RESEARCH GROWTH AND INCOME FUND
MFS(R) EQUITY INCOME FUND
MFS(R) RESEARCH INTERNATIONAL FUND
MFS(R) STRATEGIC GROWTH FUND
MFS(R) EMERGING GROWTH FUND
MFS(R) LARGE CAP GROWTH FUND
MFS(R) INTERMEDIATE INCOME FUND
MFS(R) CHARTER INCOME FUND
MFS(R) HIGH INCOME FUND
MFS(R) MUNICIPAL HIGH INCOME FUND
MFS(R) HIGH YIELD OPPORTUNITIES FUND
MFS(R) MONEY MARKET FUND
MFS(R) GOVERNMENT MONEY MARKET FUND
MFS(R) MUNICIPAL BOND FUND
MFS(R) MID CAP GROWTH FUND
MFS(R) TOTAL RETURN FUND
MFS(R) RESEARCH FUND
MFS(R) GLOBAL TOTAL RETURN FUND
MFS(R) UTILITIES FUND
MFS(R) GLOBAL EQUITY FUND
MFS(R) GLOBAL GOVERNMENTS FUND
MFS(R) CAPITAL OPPORTUNITIES FUND
MFS(R) STRATEGIC INCOME FUND
MFS(R) GLOBAL GROWTH FUND
MFS(R) BOND FUND
MFS(R) GOVERNMENT MORTGAGE FUND
MFS(R) INTERNATIONAL GROWTH FUND
MFS(R) INTERNATIONAL GROWTH AND INCOME FUND
MFS(R) EMERGING MARKETS EQUITY FUND
MFS(R) UNION STANDARD(R) EQUITY FUND
MFS(R) GROWTH OPPORTUNITIES FUND
MFS(R) GOVERNMENT SECURITIES FUND
MASSACHUSETTS INVESTORS GROWTH STOCK FUND
MFS(R) GOVERNMENT LIMITED MATURITY FUND
MASSACHUSETTS INVESTORS TRUST
MFS(R) ALABAMA MUNICIPAL BOND FUND
MFS(R) ARKANSAS MUNICIPAL BOND FUND
MFS(R) CALIFORNIA MUNICIPAL BOND FUND
MFS(R) FLORIDA MUNICIPAL BOND FUND
MFS(R) GEORGIA MUNICIPAL BOND FUND
MFS(R) MARYLAND MUNICIPAL BOND FUND
MFS(R) MASSACHUSETTS MUNICIPAL BOND FUND
MFS(R) MISSISSIPPI MUNICIPAL BOND FUND
MFS(R) NEW YORK MUNICIPAL BOND FUND
MFS(R) NORTH CAROLINA MUNICIPAL BOND FUND
MFS(R) PENNSYLVANIA MUNICIPAL BOND FUND
MFS(R) SOUTH CAROLINA MUNICIPAL BOND FUND
MFS(R) TENNESSEE MUNICIPAL BOND FUND
MFS(R) VIRGINIA MUNICIPAL BOND FUND
MFS(R) WEST VIRGINIA MUNICIPAL BOND FUND
MFS(R) MUNICIPAL INCOME FUND
MFS(R) LIMITED MATURITY FUND
MFS(R) MUNICIPAL LIMITED MATURITY 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
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);
The plan establishes an account with MFSC on or after July 1,
1996; and
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
The plan establishes an account with MFSC on or after July 1,
1996; and
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
The plan established an account with MFSC between July 1, 1997
and December 31, 1999;
The plan records are maintained on a pooled basis by MFSC; and
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
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 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
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.
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.
<PAGE>
MFS(R) MANAGED SECTORS FUND
MFS(R) CASH RESERVE FUND
MFS(R) CORE GROWTH FUND
MFS(R) GLOBAL ASSET ALLOCATION FUND
MFS(R) NEW DISCOVERY FUND
MFS(R) RESEARCH GROWTH AND INCOME FUND
MFS(R) EQUITY INCOME FUND
MFS(R) RESEARCH INTERNATIONAL FUND
MFS(R) STRATEGIC GROWTH FUND
MFS(R) EMERGING GROWTH FUND
MFS(R) LARGE CAP GROWTH FUND
MFS(R) INTERMEDIATE INCOME FUND
MFS(R) CHARTER INCOME FUND
MFS(R) HIGH INCOME FUND
MFS(R) MUNICIPAL HIGH INCOME FUND
MFS(R) HIGH YIELD OPPORTUNITIES FUND
MFS(R) MONEY MARKET FUND
MFS(R) GOVERNMENT MONEY MARKET FUND
MFS(R) MUNICIPAL BOND FUND
MFS(R) MID CAP GROWTH FUND
MFS(R) TOTAL RETURN FUND
MFS(R) RESEARCH FUND
MFS(R) GLOBAL TOTAL RETURN FUND
MFS(R) UTILITIES FUND
MFS(R) GLOBAL EQUITY FUND
MFS(R) GLOBAL GOVERNMENTS FUND
MFS(R) CAPITAL OPPORTUNITIES FUND
MFS(R) STRATEGIC INCOME FUND
MFS(R) GLOBAL GROWTH FUND
MFS(R) BOND FUND
MFS(R) INTERNATIONAL OPPORTUNITIES FUND
MFS(R) INTERNATIONAL STRATEGIC GROWTH FUND
MFS(R) INTERNATIONAL VALUE FUND
MFS(R) INTERMEDIATE INVESTMENT GRADE BOND FUND
MFS(R) RESEARCH BOND FUND
MFS(R) NEW YORK HIGH INCOME TAX FREE FUND
MFS(R) MASSACHUSETTS HIGH INCOME TAX FREE FUND
VERTEX CONTRARIAN FUND
VERTEX ALL CAP FUND
MFS(R) GOVERNMENT MORTGAGE FUND
MFS(R) INTERNATIONAL GROWTH FUND
MFS(R) INTERNATIONAL GROWTH AND INCOME FUND
MFS(R) EMERGING MARKETS EQUITY FUND
MFS(R) UNION STANDARD(R) EQUITY FUND
MFS(R) GROWTH OPPORTUNITIES FUND
MFS(R) GOVERNMENT SECURITIES FUND
MASSACHUSETTS INVESTORS GROWTH STOCK FUND
MFS(R) GOVERNMENT LIMITED MATURITY FUND
MASSACHUSETTS INVESTORS TRUST
MFS(R) ALABAMA MUNICIPAL BOND FUND
MFS(R) ARKANSAS MUNICIPAL BOND FUND
MFS(R) CALIFORNIA MUNICIPAL BOND FUND
MFS(R) FLORIDA MUNICIPAL BOND FUND
MFS(R) GEORGIA MUNICIPAL BOND FUND
MFS(R) MARYLAND MUNICIPAL BOND FUND
MFS(R) MASSACHUSETTS MUNICIPAL BOND FUND
MFS(R) MISSISSIPPI MUNICIPAL BOND FUND
MFS(R) NEW YORK MUNICIPAL BOND FUND
MFS(R) NORTH CAROLINA MUNICIPAL BOND FUND
MFS(R) PENNSYLVANIA MUNICIPAL BOND FUND
MFS(R) SOUTH CAROLINA MUNICIPAL BOND FUND
MFS(R) TENNESSEE MUNICIPAL BOND FUND
MFS(R) VIRGINIA MUNICIPAL BOND FUND
MFS(R) WEST VIRGINIA MUNICIPAL BOND FUND
MFS(R) MUNICIPAL INCOME FUND
MFS(R) LIMITED MATURITY FUND
MFS(R) MUNICIPAL LIMITED MATURITY FUND
MFS(R) TECHNOLOGY FUND
MFS(R) MID CAP VALUE FUND
MFS(R) LARGE CAP VALUE FUND
MFS(R) HIGH QUALITY BOND FUND
MFS(R) STRATEGIC VALUE FUND
MFS(R) EMERGING MARKETS DEBT FUND
MFS(R) INCOME FUND
MFS(R) EUROPEAN EQUITY FUND
MFS(R) HIGH YIELD FUND
MFS(R) CONCENTRATED GROWTH FUND
Supplement to the Statement of Additional Information (the "SAI") Part II
Effective April 1, 2000, the SAI Part II, Section III "Distribution Plan",
under the heading "Class A Shares", is hereby restated to insert the following
disclosure between the second and third paragraphs:
In the case of a retirement plan (or multiple plans maintained by the same
plan sponsor) which has established accounts with MFSC, on or after April 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, MFD may retain the service fee paid by the fund with respect to shares
purchased by such plan for the first year after purchase. Dealers will become
eligible to receive the ongoing applicable service fee with respect to such
shares commencing in the 13th month following purchase.
The date of this Supplement is April 10, 2000
