MFGKX: MFS Government Securities Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.17

-

1.61%

$0.13

0.44%

Vitals

YTD Return

-1.9%

1 yr return

-1.1%

3 Yr Avg Return

4.5%

5 Yr Avg Return

2.3%

Net Assets

$2.67 B

Holdings in Top 10

37.7%

52 WEEK LOW AND HIGH

$10.17
$10.05
$10.45

Expenses

OPERATING FEES

Expense Ratio 0.44%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 307.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Intermediate Government


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.17

-

1.61%

$0.13

0.44%

MFGKX - Profile

Distributions

  • YTD Total Return -1.9%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.69%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    MFS Government Securities Fund
  • Fund Family Name
    MFS
  • Inception Date
    Jul 02, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Geoffrey Schechter

Fund Description

The fund normally invests at least 80% of its net assets in U.S. government securities. U.S. government securities include mortgage-backed securities and other types of securitized instruments issued or guaranteed by the U.S. Treasury, by an agency or instrumentality of the U.S. government, or by a U.S. government-sponsored entity. It generally invests substantially all of its assets in investment grade quality debt instruments. The fund may invest a significant percentage of the fund's assets in a single issuer or a small number of issuers.


MFGKX - Performance

Return Ranking - Trailing

Period MFGKX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -24.0% 14.6% 65.68%
1 Yr -1.1% -3.6% 3.0% 69.57%
3 Yr 4.5%* 2.2% 7.0% 23.44%
5 Yr 2.3%* 0.5% 3.2% 29.41%
10 Yr 2.3%* 0.3% 4.3% 39.38%

* Annualized

Return Ranking - Calendar

Period MFGKX Return Category Return Low Category Return High Rank in Category (%)
2020 4.3% -28.0% 8.8% 26.04%
2019 4.0% -48.1% 7.1% 14.50%
2018 -2.0% -22.8% 0.2% 59.52%
2017 -0.5% -20.9% 0.7% 52.56%
2016 -1.7% -21.9% 0.0% 72.65%

Total Return Ranking - Trailing

Period MFGKX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -24.0% 14.6% 65.68%
1 Yr -1.1% -7.2% 2.7% 48.19%
3 Yr 4.5%* 1.1% 7.0% 22.34%
5 Yr 2.3%* 0.1% 3.2% 23.90%
10 Yr 2.3%* 0.3% 4.3% 34.62%

* Annualized

Total Return Ranking - Calendar

Period MFGKX Return Category Return Low Category Return High Rank in Category (%)
2020 4.3% -28.0% 8.8% 26.04%
2019 4.0% -19.3% 7.1% 16.03%
2018 -2.0% -22.8% 2.0% 67.46%
2017 -0.5% -20.9% 4.6% 61.54%
2016 -1.7% -21.9% 1.5% 76.23%

NAV & Total Return History


MFGKX - Holdings

Concentration Analysis

MFGKX Category Low Category High MFGKX % Rank
Net Assets 2.67 B 7.62 M 24.9 B 36.51%
Number of Holdings 542 2 14757 32.11%
Net Assets in Top 10 795 M -5.34 M 9.83 B 38.21%
Weighting of Top 10 37.74% 8.7% 100.0% 62.56%

Top 10 Holdings

  1. United States Treasury Notes 2.5% 5.36%
  2. Ust Bond 2yr Future Dec 31 20 5.18%
  3. Ust Bond 2yr Future Dec 31 20 5.18%
  4. Ust Bond 2yr Future Dec 31 20 5.18%
  5. Ust Bond 2yr Future Dec 31 20 5.18%
  6. Ust Bond 2yr Future Dec 31 20 5.18%
  7. Ust Bond 2yr Future Dec 31 20 5.18%
  8. Ust Bond 2yr Future Dec 31 20 5.18%
  9. Ust Bond 2yr Future Dec 31 20 5.18%
  10. Ust Bond 2yr Future Dec 31 20 5.18%

Asset Allocation

Weighting Return Low Return High MFGKX % Rank
Bonds
95.58% 0.00% 136.90% 46.34%
Cash
4.41% -43.40% 75.75% 51.63%
Stocks
0.00% 0.00% 100.00% 12.20%
Preferred Stocks
0.00% 0.00% 0.33% 6.50%
Other
0.00% -4.98% 28.56% 14.23%
Convertible Bonds
0.00% 0.00% 0.45% 6.91%

Bond Sector Breakdown

Weighting Return Low Return High MFGKX % Rank
Securitized
48.40% 0.00% 100.00% 56.33%
Government
44.66% 0.00% 100.00% 37.55%
Cash & Equivalents
4.25% 0.00% 76.88% 66.53%
Municipal
1.83% 0.00% 12.88% 8.16%
Corporate
0.86% 0.00% 57.23% 15.92%
Derivative
0.00% 0.00% 18.36% 15.10%

Bond Geographic Breakdown

Weighting Return Low Return High MFGKX % Rank
US
94.55% 0.00% 136.90% 50.00%
Non US
1.03% 0.00% 100.00% 14.63%

MFGKX - Expenses

Operational Fees

MFGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.44% 0.03% 2.02% 67.32%
Management Fee 0.37% 0.00% 1.00% 57.68%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

MFGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MFGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MFGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 307.00% 1.38% 419.00% 78.82%

MFGKX - Distributions

Dividend Yield Analysis

MFGKX Category Low Category High MFGKX % Rank
Dividend Yield 1.61% 0.00% 12.72% 21.94%

Dividend Distribution Analysis

MFGKX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MFGKX Category Low Category High MFGKX % Rank
Net Income Ratio 1.69% -1.28% 3.38% 16.95%

Capital Gain Distribution Analysis

MFGKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly Monthly

Dividend Payout History

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MFGKX - Fund Manager Analysis

Managers

Geoffrey Schechter


Start Date

Tenure

Tenure Rank

Apr 30, 2006

15.35

15.4%

Geoffrey L. Schechter, CFA, CPA, is an investment officer at MFS Investment Management® (MFS®) and a portfolio manager of the firm's government securities and municipal bond portfolios. Geoff joined MFS as an investment officer in 1993 after working as a municipal credit analyst with a major insurance company. He was named portfolio manager in 1993. Geoff is a graduate of the University of Texas and has an MBA degree from Boston University. He holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations. Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management.

Jake Stone


Start Date

Tenure

Tenure Rank

Sep 01, 2018

3.0

3.0%

Jake Stone has been employed in the investment area of MFS since July 2018; Vice President, Portfolio Analyst, Fixed Income Portfolio Management Team, Wellington Management Company, LLP from September 2013 to July 2018

Tenure Analysis

Category Low Category High Category Average Category Mode
0.1 30.89 8.17 6.6