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MFS Government Markets Income Trust (MGF) Stock

Profile

Sector:

Financial Services

Industry:

Asset Management

Country:

United States

IPO:

20 May 1987

Indexes:

Not included

Website:

http://www.mfs.com

Description:

MGF (MFS Government Markets Income Trust) is a closed-end investment fund that focuses on generating income by investing primarily in government and government-related securities. The trust aims to provide investors with a steady income stream while managing risk through diversified holdings in fixed-income markets.

Key Details

Price

$3.15

Market Cap

-

Last Dividend

$0.02

TTM Dividend Yield

7.61%(-4.64% YoY)

Annual Revenue

$801.87 K

Annual EPS

-

PE Ratio

-

Annual ROE

0.46%

Annual Debt To Equity

-

Beta

0.13

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

N/A

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 12, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

No data about analysts updates

Screeners with MGF included

Stocks with low beta
Stocks above SMA 200
High yield dividend stocks

Market Data

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Current Price

$3.15
MGF price is $3.15

Price YTD Change

-0.94%
MGF price is down -0.94% since January 1st

Price All-time High

$10.63
MGF price is currently -70.35% below its historical high of $10.63

Beta

0.13
MGF beta is 0.13

200-day SMA

$3.14
MGF 200-day simple moving average is currently +0.20% above its 200-day simple moving average

14-day RSI

52.63
MGF 14-day relative strength index is 52.63

Dividend

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Last Paid Dividend

$0.02
MGF dividend per share is $0.02

Annual Dividend Per Share

$0.25
MGF annual dividend per share is $0.25

Annual Dividend Sector Rank

7.17%
MGF annual dividend per share is higher than 7.17% of companies in Financial Services sector

TTM Dividend Yield

7.61%
MGF TTM dividend yield is 7.61%

TTM Dividend Yield Sector Rank

74.89%
MGF TTM dividend yield is higher than 74.89% of companies in Financial Services sector

Profitability

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Annual Revenue 3-Year Change

+146.65%
MGF annual revenue is up +146.65% over the past 3 years

Annual Net Income 3-Year Change

+123.67%
MGF annual net profit is up +123.67% over the past 3 years

Efficiency

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Annual ROE

0.46%
MGF annual return on equity is 0.46%

Annual ROA

0.43%
MGF annual return on assets is 0.43%

Valuation

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Liquidity

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Annual Total Assets

$113.80 M
MGF annual total assets is $113.80 million

Annual Total Liabilities

$6.26 M
MGF annual total liabilities is $6.26 million

Cash Flow

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Institutional Ownership

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seekingalpha.com15 September 2024

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. MGF is primarily invested in Treasuries and MBS bonds, making it a rates play.

MGF: Transforming Treasury Returns Into A 7.8% Yield
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Seeking Alpha15 February 2024

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. The fund is sensitive to lower rates due to its long duration (6.4 years), making it an appropriate vehicle for a monetary easing cycle.

FAQ

  • What is the primary business of MFS Government Markets Income Trust?
  • What is the ticker symbol for MFS Government Markets Income Trust?
  • Does MFS Government Markets Income Trust pay dividends?
  • What sector is MFS Government Markets Income Trust in?
  • What industry is MFS Government Markets Income Trust in?
  • What country is MFS Government Markets Income Trust based in?
  • When did MFS Government Markets Income Trust go public?
  • Is MFS Government Markets Income Trust in the S&P 500?
  • Is MFS Government Markets Income Trust in the NASDAQ 100?
  • Is MFS Government Markets Income Trust in the Dow Jones?
  • When does MFS Government Markets Income Trust report earnings?

What is the primary business of MFS Government Markets Income Trust?

MGF (MFS Government Markets Income Trust) is a closed-end investment fund that focuses on generating income by investing primarily in government and government-related securities. The trust aims to provide investors with a steady income stream while managing risk through diversified holdings in fixed-income markets.

What is the ticker symbol for MFS Government Markets Income Trust?

The ticker symbol for MFS Government Markets Income Trust is NYSE:MGF

Does MFS Government Markets Income Trust pay dividends?

Yes, MFS Government Markets Income Trust pays dividends. The last payment was $0.02, with an ex-dividend date on 12 November 2024

What sector is MFS Government Markets Income Trust in?

MFS Government Markets Income Trust is in the Financial Services sector

What industry is MFS Government Markets Income Trust in?

MFS Government Markets Income Trust is in the Asset Management industry

What country is MFS Government Markets Income Trust based in?

MFS Government Markets Income Trust is headquartered in United States

When did MFS Government Markets Income Trust go public?

MFS Government Markets Income Trust's initial public offering (IPO) was on 20 May 1987

Is MFS Government Markets Income Trust in the S&P 500?

No, MFS Government Markets Income Trust is not included in the S&P 500 index

Is MFS Government Markets Income Trust in the NASDAQ 100?

No, MFS Government Markets Income Trust is not included in the NASDAQ 100 index

Is MFS Government Markets Income Trust in the Dow Jones?

No, MFS Government Markets Income Trust is not included in the Dow Jones index

When does MFS Government Markets Income Trust report earnings?

The date for MFS Government Markets Income Trust's next earnings report has not been announced yet