MFS Government Markets Income Trust

MFS Government Markets Income Trustverified

MGF

Price:

$3.25

Market Cap:

$105.92M

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 the Barclays U.S. Government/Mortgage Bond Index. MFS Government Markets Income Trust was formed in May 28, 1987 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

1987-05-20

Stock Exchange

NYSE

Ticker

MGF

The Current Ratio as of September 2024 (TTM) for MFS Government Markets Income Trust (MGF) is 0.39

According to MFS Government Markets Income Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.39. This represents a change of -61.75% compared to the average of 1.02 of the last 4 quarters.

MFS Government Markets Income Trust (MGF) Historical Current Ratio (quarterly & annually)

How has MGF Current Ratio performed in the past?

The mean historical Current Ratio of MFS Government Markets Income Trust over the last ten years is 4.04. The current 0.39 Current Ratio has changed 862.91% with respect to the historical average. Over the past ten years (40 quarters), MGF's Current Ratio was at its highest in in the May 2018 quarter at 24.09. The Current Ratio was at its lowest in in the August 2021 quarter at 0.11.

Quarterly (TTM)
Annual

Average

4.04

Median

2.67

Minimum

0.21

Maximum

10.35

MFS Government Markets Income Trust (MGF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MFS Government Markets Income Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.48%

Maximum Annual Current Ratio = 10.35

Minimum Annual Increase = -92.10%

Minimum Annual Current Ratio = 0.21

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.74-73.24%
202210.26197.01%
20213.45-59.57%
20208.542.48%
20190.3361.41%
20180.21-92.10%
20172.5983.22%
20161.42-86.32%
201510.352.09%
20140.4720.15%

MFS Government Markets Income Trust (MGF) Average Current Ratio

How has MGF Current Ratio performed in the past?

The current Current Ratio of MFS Government Markets Income Trust (MGF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.49

5-year avg

5.07

10-year avg

4.04

MFS Government Markets Income Trust (MGF) Current Ratio vs. Peers

How is MGF’s Current Ratio compared to its peers?

MFS Government Markets Income Trust’s Current Ratio is less than MFS Investment Grade Municipal Trust (3.11), greater than Invesco High Income 2024 Target Term Fund (0), greater than Eaton Vance National Municipal Opportunities Trust (0), less than Nuveen California Select Tax-Free Income Portfolio (3.34), less than Federated Hermes Premier Municipal Income Fund (4.36), less than Virtus Convertible & Income 2024 Target Term Fund (2.04), less than BlackRock MuniHoldings New York Quality Fund, Inc. (1.37), less than MFS High Income Municipal Trust (4.29), less than MFS High Yield Municipal Trust (4.15), greater than MFS Municipal Income Trust (0.05), less than DTF Tax-Free Income 2028 Term Fund Inc. (1.46), greater than Nuveen Corporate Income 2023 Target Term Fund (0.27),

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Frequently asked questions❓

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