MFS® Government Markets Inc:MGF

    Manage Alerts

    Overview

    As of 6/29/2022

     Share
    Price
    NAVPremium/
    Discount
    Current$3.48$3.73-6.70%
    52 Wk Avg$4.20$4.32-2.86%
    52 Wk High$4.45$4.510.24%
    52 Wk Low$3.36$3.66-6.52%
    Regular Distribution TypeManaged Distribution
    Distribution Rate7.96%
    Distribution Amount$0.0231
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    MFS normally invests at least 80% of the fund’s net assets, including borrowings for investment purposes, in U.S. and foreign government securities; MFS may invest the fund’s assets in other types of debt instruments; MFS generally invests substantially all of the fund’s assets in investment grade quality debt instruments; MFS may purchase or sell securities for the fund on a when-issued, delayed delivery, or forward commitment basis.

    Capital Structure

    As of 6/29/2022

    Total Investment Exposure:$121.547M
    Total Common Assets:$121.547M
    Common Shares Outstanding:32,586,290
    Annual Expense Ratios

    As of 11/30/2021

      Per Common Share
    Management Fees0.48%
    Other Expenses:0.24%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 0.72%
    Fund Management

    Fund Sponsor
    MFS

    Portfolio Managers
    Neeraj Arora, Alexander M. Mackey, Geoffrey L. Schechter

    Basics
    Category: Fixed Income - Taxable-Investment Grade
    Ticker: MGF
    NAV Ticker: XMGFX
    Average Daily Volume (shares): 112,762
    Average Daily Volume (USD): $0.455M
    Inception Date: 5/28/1987
    Inception Share Price: $10.00
    Inception NAV: $9.40
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 6/29/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 11/30/2021
    $0.0368
    Annualized Distribution Rate on NAV:
    As of 6/29/2022
    7.43%
    Total Return on NAV (12 months):
    As of 6/29/2022
    -7.97%
    Avg. Portfolio Coupon:
    As of 6/29/2022
    2.84%
    Total % Portfolio Effectively Leveraged:
    As of 6/29/2022
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/30/2022

    PeriodAvg Discount
    6 Month-3.72%
    1 Year-2.86%
    3 Year-3.33%
    5 Year-4.25%
    Z-Score

    As of 6/29/2022

    PeriodZStat
    3 Month-0.66
    6 Month-0.85
    1 Year-1.49
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2022
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-7.60%-8.32%-16.92%-10.86%
    2021-0.23%-1.76%6.10%2.61%
    20207.79%7.99%6.79%7.72%
    201910.30%7.30%22.17%13.63%
    20181.33%-0.06%-5.98%-2.32%
    20172.63%2.70%10.93%8.34%
    20162.71%1.83%10.79%8.05%
    20151.09%0.08%0.71%-1.10%
    20146.97%5.44%8.71%7.36%
    2013-9.60%-2.84%-4.78%0.23%
    20125.87%4.17%13.98%13.94%
    201110.50%6.77%8.46%5.12%
    2010-1.83%6.33%11.32%12.89%
    20091.37%7.51%  
    200826.22%5.18%  
    20079.92%7.33%  
    20066.00%3.76%  
    20052.85%2.12%  
    20042.84%4.30%  
    20032.44%3.18%  
    200214.34%11.35%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2022
    Category: Morningstar US CEF Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/29/2022
    2.84%
    Number of Holdings:
    As of 5/31/2022
    435
    Annual Portfolio Turnover:
    As of 11/30/2021
    142.00%
    Average Bond Price:
    As of 5/31/2022
    $96.42
    Asset Allocation

    As of 5/31/2022

    Top Sectors

    As of 5/31/2022

    Sector%Portfolio
    Securitized (Super Sector)44.41%
    Government39.11%
    Agency Mortgage Backed38.70%
    Government (Super Sector)35.28%
    Corporate (Super Sector)15.94%
    Corporate Bond15.68%
    Asset Backed3.52%
    Municipal3.36%
    Municipal (Super Sector)3.36%
    Government Commercial Mortgage Backed2.19%
    State Allocation

    As of 5/31/2022

    State% Portfolio
    Illinois1.61%
    New York0.73%
    Massachusetts0.38%
    California0.21%
    Florida0.21%
    Texas0.16%
    New Jersey0.04%
    Michigan0.01%
    Top Holdings

    As of 5/31/2022

    HoldingValue% Portfolio
    10 Year Treasury Note Future Sept 22$8.91M7.14%
    United States Treasury Notes 2% 2%$5.86M4.70%
    United States Treasury Bonds 4.5% 4.5%$5.42M4.35%
    United States Treasury Notes 2.88% 2.88%$4.76M3.82%
    United States Treasury Notes 0.13% 0.13%$3.87M3.10%
    United States Treasury Bonds 2.5% 2.5%$3.50M2.81%
    United States Treasury Bonds 2.88% 2.88%$3.22M2.58%
    2 Year Treasury Note Future Sept 22$-4.01M-3.21%
    5 Year Treasury Note Future Sept 22$-5.97M-4.78%
    UST Bond 30Yr Future SEP 21 22$-6.62M-5.31%
    Credit Quality

    As of 5/31/2022

    Maturity Breakdown

    As of 5/31/2022

    Country Allocation

    As of 5/31/2022

    Country% Portfolio
    United States - Fixed Income92.20%
    Others - Fixed Income1.83%
    United Kingdom - Fixed Income1.19%
    India - Fixed Income0.77%
    China - Fixed Income0.60%
    Mexico - Fixed Income0.41%
    Indonesia - Fixed Income0.35%
    Malaysia - Fixed Income0.27%
    Thailand - Fixed Income0.27%
    Netherlands - Fixed Income0.24%
    South Korea - Fixed Income0.24%
    Chile - Fixed Income0.19%
    Israel - Fixed Income0.14%
    Australia - Fixed Income0.01%
    Invalid Country - Fixed Income0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X