MFS Government Markets Income Trust

MFS Government Markets Income Trustverified

MGF

Price:

$3.0875

Market Cap:

$100.62M

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 ROE as of November 2024 (TTM) for MFS Government Markets Income Trust (MGF) is -0.50%

According to MFS Government Markets Income Trust’s latest financial reports and current stock price. The company's current ROE is -0.50%. This represents a change of 332.57% compared to the average of -0.12% of the last 4 quarters.

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

How has MGF ROE performed in the past?

The mean historical ROE of MFS Government Markets Income Trust over the last ten years is 0.78%. The current -0.50% ROE has changed -164.04% with respect to the historical average. Over the past ten years (40 quarters), MGF's ROE was at its highest in in the November 2019 quarter at 21.06%. The ROE was at its lowest in in the May 2022 quarter at -9.81%.

Quarterly (TTM)
Annual

Average

0.78%

Median

1.10%

Minimum

-15.10%

Maximum

9.37%

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

Discovering the peaks and valleys of MFS Government Markets Income Trust ROE, 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 = 932.52%

Maximum Annual ROE = 9.37%

Minimum Annual Increase = -658.00%

Minimum Annual ROE = -15.10%

Quarterly (TTM)
Annual
YearROEChange
20230.46%-103.02%
2022-15.10%932.52%
2021-1.46%-120.12%
20207.27%-22.43%
20199.37%-658.00%
2018-1.68%-176.61%
20172.19%31.04%
20161.67%217.32%
20150.53%-88.47%
20144.57%-275.95%

MFS Government Markets Income Trust (MGF) Average ROE

How has MGF ROE performed in the past?

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

3-year avg

-5.37%

5-year avg

0.11%

10-year avg

0.78%

MFS Government Markets Income Trust (MGF) ROE vs. Peers

How is MGF’s ROE compared to its peers?

MFS Government Markets Income Trust’s ROE is less than MFS Investment Grade Municipal Trust (2.17%), less than Invesco High Income 2024 Target Term Fund (11.57%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Nuveen California Select Tax-Free Income Portfolio (12.50%), less than Federated Hermes Premier Municipal Income Fund (3.80%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.63%), less than MFS High Income Municipal Trust (4.73%), less than MFS High Yield Municipal Trust (3.86%), greater than MFS Municipal Income Trust (-2.26%), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-1.35%), greater than Nuveen Corporate Income 2023 Target Term Fund (-2.88%),

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