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MFS MONEY MARKET FUND
MFS HIGH INCOME FUND
MFS OTC FUND
MFS TOTAL RETURN FUND
MFS RESEARCH FUND
MFS WORLD GOVERNMENTS FUND
MFS BOND FUND
MFS LIMITED MATURITY FUND
MFS MUNICIPAL LIMITED MATURITY FUND
MFS GOVERNMENT LIMITED MATURITY FUND
MFS WORLD ASSET ALLOCATION FUND
MFS UTILITIES FUND
MFS WORLD TOTAL RETURN FUND
MFS STRATEGIC INCOME FUND
MFS WORLD EQUITY FUND
MFS NORTH CAROLINA MUNICIPAL BOND FUND
MFS WORLD GROWTH FUND
MFS CALIFORNIA MUNICIPAL BOND FUND
MFS VIRGINIA MUNICIPAL BOND FUND
MFS MUNICIPAL INCOME FUND
Supplement to the Current Prospectus
Currently, some or all of the Class C shares in an account with any of
the above-referenced Funds (the "Funds") for which payment has been received by
the Fund may be exchanged for shares of the MFS Money Market Fund at net asset
value. The MFS Money Market Fund is a fund sponsored by Massachusetts Financial
Services Company ("MFS") and seeks as high a level of current income as is
considered consistent with the preservation of capital and liquidity. The MFS
Money Market Fund also seeks to maintain a net asset value of $1.00 per share.
Effective April 1, 1996, the following changes to the exchange
privilege program will be implemented. Class C shares of the Funds will no
longer be exchangeable for shares of the MFS Money Market Fund under the
exchange privilege program or through the Automatic Exchange Plan; however,
shares of the MFS Money Market Fund previously acquired through an exchange from
Class C shares of a Fund will continue to be exchangeable for Class C shares of
the Funds. In substitution for the exchange privilege into the MFS Money Market
Fund, Class C shares of the Funds will be exchangeable for Class C shares of the
MFS Cash Reserve Fund. Like the MFS Money Market Fund, the MFS Cash Reserve Fund
is a fund sponsored by MFS and seeks as high a level of current income as is
considered consistent with the preservation of capital and liquidity and, in
addition, seeks to maintain a net asset value of $1.00 per share. Distributions
made on Class C shares of the Funds will no longer be permitted to be
automatically invested under the Distribution Investment Program in shares of
the MFS Money Market Fund. However, such distributions may be automatically
invested under this Program in Class C shares of the MFS Cash Reserve Fund.
Effective April 1, 1996, Class C shares of the Funds purchased on or
after this date will be subject to a contingent deferred sales charge (a "CDSC")
of 1.00% upon redemption during the first year after purchase. However, in no
event shall Class C shares of the Funds purchased prior to this date be subject
to the CDSC. For the purpose of calculating the CDSC upon redemption of shares
acquired in an exchange on or after April 1, 1996, the purchase of shares
acquired in one or more exchanges is deemed to have occurred at the time of the
original purchase of the exchanged shares (if such original purchase occurred
prior to April 1, 1996, then no CDSC would be imposed upon such a redemption).
The date of this Supplement is February 1, 1996.
