MFS Government Markets Income Trust (MGF) Stock

About MFS Government Markets Income Trust

The MFS Government Markets Income Trust is a closed-end mutual fund managed by Massachusetts Financial Services Company, specializing in fixed-income investments. This trust primarily allocates its capital to the United States' fixed income markets, with a core emphasis on debt instruments considered investment grade. Beyond its primary focus, the fund diversifies its portfolio into a range of other assets. These include various mortgage-backed securities (both general and residential), debt issued by U.S. government agencies, international sovereign bonds, U.S. Treasuries, emerging markets debt, and high-grade corporate bonds. It also maintains holdings in cash and other net assets for liquidity. The performance of the fund's investment portfolio is benchmarked against the Barclays U.S. Government/Mortgage Bond Index. Established on May 28, 1987, the MFS Government Markets Income Trust is domiciled within the United States.

MFS Government Markets Income Trust is headquartered in US.

MFS Government Markets Income Trust (MGF) stock trades at $2.86 with a market capitalization of $93.21M. The stock is valued at a price-to-earnings (P/E) ratio of 17.39, price-to-book of 0.90, price-to-sales of 20.85. Over the past 52 weeks the stock has ranged between $2.80 and $3.14, and currently trades 8.9% below its 52-week high. It pays a dividend yielding 8.39%.

On profitability, MFS Government Markets Income Trust generates a return on equity (ROE) of 5.13%, return on capital employed of 5.10%, an operating margin of 118.88%, a net profit margin of 118.88%.

Official website: www.mfs.com/en-us/individual-investor/product-strategies/closed-end-funds/MGF-mfs-government-markets-income-trust.html#tab-overview