MFS Government Markets Income Trust

MFS Government Markets Income Trustverified

MGF

Price:

$3.28

Market Cap:

$106.90M

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 PE Ratio as of September 2024 (TTM) for MFS Government Markets Income Trust (MGF) is 164.00

According to MFS Government Markets Income Trust’s latest financial reports and current stock price. The company's current PE Ratio is 164.00. This represents a change of -8030.59% compared to the average of -2.07 of the last 4 quarters.

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

How has MGF PE Ratio performed in the past?

The mean historical PE Ratio of MFS Government Markets Income Trust over the last ten years is 39.67. The current 164.00 PE Ratio has changed 41.24% with respect to the historical average. Over the past ten years (40 quarters), MGF's PE Ratio was at its highest in in the August 2017 quarter at 166.78. The PE Ratio was at its lowest in in the November 2015 quarter at -105.72.

Quarterly (TTM)
Annual

Average

39.67

Median

17.07

Minimum

-67.09

Maximum

204.47

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

Discovering the peaks and valleys of MFS Government Markets Income Trust PE 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 = 750.48%

Maximum Annual PE Ratio = 204.47

Minimum Annual Increase = -3318.36%

Minimum Annual PE Ratio = -67.09

Quarterly (TTM)
Annual
YearPE RatioChange
2023204.47-3318.36%
2022-6.35-90.53%
2021-67.09-598.81%
202013.4531.26%
201910.25-118.80%
2018-54.50-226.14%
201743.20-23.61%
201656.55-67.87%
2015176.03750.48%
201420.70-159.66%

MFS Government Markets Income Trust (MGF) Average PE Ratio

How has MGF PE Ratio performed in the past?

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

3-year avg

43.68

5-year avg

30.95

10-year avg

39.67

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

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

MFS Government Markets Income Trust’s PE Ratio is greater than MFS Investment Grade Municipal Trust (28.45), greater than Invesco High Income 2024 Target Term Fund (3.77), greater than Eaton Vance National Municipal Opportunities Trust (9.04), greater than Nuveen California Select Tax-Free Income Portfolio (5.77), greater than Federated Hermes Premier Municipal Income Fund (26.65), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (26.20), greater than MFS High Income Municipal Trust (14.35), greater than MFS High Yield Municipal Trust (16.32), greater than MFS Municipal Income Trust (22.46), less than DTF Tax-Free Income 2028 Term Fund Inc. (258.56), greater than Nuveen Corporate Income 2023 Target Term Fund (-34.66),

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