This Fund seeks a high level of current income as is consistent with prudent investment risks from a diversified portfolio primarily of debt securities. Capital appreciation is a secondary objective.

Ticker Symbol      CUSIP Number
NYSE: MTS      614115103
Notice of Special Meeting of Stockholders and Proxy Statement

Proxy Statement   (PDF icon )

Monthly Updates

Fund Fact Sheet (PDF icon )

Fund Facts
Net Assets (as of 09/30/2015) $184,190,958.00

Investment Manager
Pacific Investment Management Company LLC

Portfolio Manager
Mark R. Kiesel

Administrator

Atlantic Fund Services
3 Canal Plaza, Suite 600, Portland, ME 04101
1.855.422.4512


Transfer Agent
Computershare
P.O. Box 43006
Providence, RI 02940-3006
1.877.437.3938

Dividend Reinvestment Plan Agent
Computershare
P.O. Box 43006
Providence, RI 02940-3006

Custodian
The Bank of New York Mellon

Legal Counsel
Pillsbury Winthrop Shaw Pittman LLP

Sarbanes-Oxley Whistleblower Service Provider
Fulcrum Financial Inquiry LLP
Whistleblower Department, 888 S. Figueroa Street, Suite 2000, Los Angeles, CA 90017
Phone: (213) 270-9991
Web: http://fulcrum.com/montgomerysecurities.htm
Email: whistle@fulcrum.com
Fax: c/o Whistleblower Department, at 213-891-1300

Audit Committee Charter
Audit Committee Charter
(PDF icon 27 KB)

Dividend Reinvestment and Cash Purchase Plan
Dividend Reinvestment and Cash Purchase Plan
(PDF Icon 29 KB)

The fund invests in individual bonds whose yields and market values fluctuate so that your investment may be worth more or less than its original cost. Bond investments are subject to interest-rate risk such that when interest rates rise, the prices of the bonds, and thus the value of the bond investments, can decline and the investor can lose principal value. Yields and market value will fluctuate in response to changing interest rates and may be affected by the prepayment of mortgage-backed securities. The fund's investments in foreign securities are subject to currency fluctuation, political climate and economic changes, and risk of loss of principal and interest. All of these factors may result in greater share price volatility.

41694 (2/06).

Risk Considerations

The Fund invests in individual bonds whose yields and value fluctuate so that your investment may be worth more or less than its original cost. Bond investments are subject to interest rate risk such that when interest rates rise, the price of the bonds, and thus the value of the Fund, can decline and the investor can lose principal value. The Fund's investments are also subject to credit risk and liquidity risk. Additionally, investing in foreign securities presents certain unique risks not associated with domestic investments, such as currency fluctuation, political and economic changes, and market risks. All of these factors may result in greater share price volatility.

Closed-end funds, unlike open-end funds, are not continuously offered. There is a one time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the fund's shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value.

Fund specific data and performance are provided for informational purposes only and are not intended for trading purposes.

sIFR