November 16, 2016 - By Peter Erickson · 0 Comments
MFS Government Markets Income Trust (NYSE:MGF) institutional sentiment increased to 1.08 in 2016 Q2. Its up 0.61, from 0.47 in 2016Q1. The ratio increased, as 13 funds increased or started new positions, while 12 reduced and sold equity positions in MFS Government Markets Income Trust. The funds in our partner’s database now own: 7.45 million shares, up from 7.00 million shares in 2016Q1. Also, the number of funds holding MFS Government Markets Income Trust in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 9 Increased: 7 New Position: 6.
MFS Government Markets Income Trust is a diversified, closed-end management investment company. The company has a market cap of $163.97 million. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. It currently has negative earnings. It invests approximately 80% of its net assets, including borrowings for investment purposes, in the United States and foreign government securities.
About 35,441 shares traded hands. MFS Government Markets Income Trust (NYSE:MGF) has declined 7.25% since April 14, 2016 and is downtrending. It has underperformed by 11.94% the S&P500.
Doliver Capital Advisors Inc. holds 0.12% of its portfolio in MFS Government Markets Income Trust for 25,430 shares. Gilman Hill Asset Management Llc owns 43,150 shares or 0.1% of their US portfolio. Moreover, Sit Investment Associates Inc has 0.1% invested in the company for 702,636 shares. The New York-based Grace & White Inc Ny has invested 0.07% in the stock. Shaker Financial Services Llc, a Virginia-based fund reported 16,442 shares.#img1#
MFS Government Markets Income Trust (the Fund) incorporated in March 27, 1987, is a closed-end management investment company. The Companyâ€™s invests at least 80% of the fundâ€™s net assets, including borrowings for investment purposes, in the United States and foreign government securities, including emerging market securities. The Firm may invest the fundâ€™s assets in other types of debt instruments. The fund offers a Dividend Reinvestment and Cash Purchase Plan (the Plan) that allows common shareholders to reinvest either all of the distributions paid by the fund or only the long-term capital gains.
More recent MFS Government Markets Income Trust (NYSE:MGF) news were published by: Businesswire.com which released: “MFS Announces Portfolio Management Appointments for Several Closed End Funds” on November 29, 2012. Also Businesswire.com published the news titled: “MFS Investment Management Announces Planned Liquidation of MFS InterMarket …” on July 16, 2015. Businesswire.com‘s news article titled: “MFS Investment Management Announces Liquidating Distribution for MFS …” with publication date: September 25, 2015 was also an interesting one.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Peter Erickson