JPMorgan Chase Bank, N.A. 4

What Happened
JPMorgan Chase Bank, N.A. (reported as a 10% owner) acquired 1,274 remarketable variable rate munifund term preferred (RVMTP) shares of Aberdeen Municipal Income Fund (MFM) on 2026-06-08. The shares were received in a cashless exchange as part of a reorganization that moved RVMTP shares from three target MFS funds into the Issuer. No per-share price or dollar value was reported (price = N/A); this was an institutional transfer rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-08 (Form 4 filed 2026-06-09). Transaction code: J (other acquisition/disposition).
• Shares acquired: 1,274 RVMTP Shares; reported price: N/A (cashless exchange).
• Shares owned after transaction: JPMorgan held an additional 967 RVMTP Shares previously, for a total of 2,241 RVMTP Shares beneficially owned after this exchange (1,274 + 967).
• Footnotes: The 1,274 shares resulted from the reorganization of MFS High Income, MFS High Yield, and MFS Investment Grade Municipal Trusts into the Issuer; the 967 shares were reported in prior filings (Form 3 and subsequent Form 4s).
• Filing timeliness: Reported on the next business day; no late-filing indication in the Form 4.

Context
RVMTP shares are preferred, remarketable, variable-rate municipal fund term preferred shares — a type of preferred security rather than common stock. This entry documents an institutional reorganization/cashless exchange and does not necessarily signal executive sentiment about the company's outlook. Because no price or dollar values were reported, the transaction does not provide a market-value signal.