About MGVSX
MFS Government Securities Fund Class R2 is a mutual fund focused on providing current income and preservation of principal by investing primarily in U.S. government securities, including bonds and other debt instruments issued or backed by the U.S. Treasury and government-related agencies. Its principal objective is to deliver total return with an emphasis on steady income, while also considering capital appreciation. The fund utilizes sector rotation strategies among various government entities, adjusting allocations based on macroeconomic indicators, valuations, and the prevailing market environment.
This fund is classified within the intermediate-government portfolio category, which typically requires at least 90% of holdings to be invested in U.S. government or agency bonds, thereby keeping credit risk low. It generally maintains durations between 3.5 to 6.0 years, resulting in performance and volatility that reflect movements in U.S. government fixed-income markets. The fund’s assets are diversified across a mix of Treasury notes, bonds, and government-related futures, tending to appeal to investors seeking income with a relatively high degree of safety. Launched in 1984, MFS Government Securities Fund Class R2 plays a significant role as a core holding for those seeking stable returns from high-quality, government-backed fixed-income securities.
Fund Family MFS
Category Intermediate Government
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MGVSX
Share Class R2
Index Bloomberg U.S. Government Mortgage TR
MGVSX had a total return of 5.73% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.84%.
