MFS Government Markets Income Trust (MGF)
Market Value | 100.62M |
Revenue (ttm) | 4.34M |
Net Income (ttm) | 345,888 |
Shares Out | 32.59M |
EPS (ttm) | 0.01 |
PE Ratio | 290.92 |
Forward PE | n/a |
Dividend | $0.24 (7.77%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 12,041 |
Open | 3.090 |
Previous Close | 3.090 |
Day's Range | 3.070 - 3.090 |
52-Week Range | 3.020 - 3.390 |
Beta | 0.31 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About MGF
MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S. government agencies, international sovereigns, U.S. treasuries, cash and other net assets, emerging markets debt, high grade corporates, and residential mortgage backed securities. It benchmarks the performance of its portfolio against t... [Read more]
News
MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds
BOSTON--(BUSINESS WIRE)--MFS announces distribution income sources for several closed end funds for October 2024.
MGF: There Is A Time To Buy And There Is A Time To Hold (Rating Downgrade)
MGF has delivered strong performance in 2024: The fund has gained over 7% due to falling interest rates. Duration-driven gains: The fund's long duration has amplified its gains from declining rates. M...
MGF: Transforming Treasury Returns Into A 7.8% Yield
The MFS Government Markets Income is a closed-end fund holding Treasuries and Agency MBS bonds. The CEF offers a 7.8% yield, but utilizes return on capital, eroding the initial investment over time. T...
Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatil...
Introductory: 3 Tips For The Starting Closed-End Fund Investor
Closed-end funds are a 'wrapper' for other assets, not an asset class themselves. Funds utilizing leverage can benefit upside, but can also increase maximum drawdowns.
Preparing For Distribution Changes For CEFs With MDPs
Some CEFs have managed distribution policies that are linked directly or indirectly to their NAVs, allowing investors to forecast changes in distributions with varying accuracy. Recent volatility has ...
Evaluating CEFs As Dry Powder Assets
Evaluating CEFs As Dry Powder Assets
Investment Grade And Government Bond CEFs' Turn To Shine
Investment Grade And Government Bond CEFs' Turn To Shine
The Month In Closed-End Funds: March 2020
The Month In Closed-End Funds: March 2020