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Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MFS Government Markets Income Trust

XMGFX | Fund

$3.25

$125 M

0.00%

0.70%

Vitals

YTD Return

-4.4%

1 yr return

-0.3%

3 Yr Avg Return

-9.5%

5 Yr Avg Return

-7.3%

Net Assets

$125 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$3.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.70%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 201.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MFS Government Markets Income Trust

XMGFX | Fund

$3.25

$125 M

0.00%

0.70%

XMGFX - Profile

Distributions

  • YTD Total Return -4.4%
  • 3 Yr Annualized Total Return -9.5%
  • 5 Yr Annualized Total Return -7.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.78%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    MFS Government Markets Income Trust
  • Fund Family Name
    MFS
  • Inception Date
    Oct 05, 2001
  • Shares Outstanding
    32586290
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Geoffrey Schechter

Fund Description

XMGFX - Performance

Return Ranking - Trailing

Period XMGFX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -5.0% 12.3% 99.90%
1 Yr -0.3% -1.4% 20.8% 99.80%
3 Yr -9.5%* -10.0% 27.7% 99.79%
5 Yr -7.3%* -7.3% 58.8% 100.00%
10 Yr -2.8%* -2.8% 73.9% 100.00%

* Annualized

Return Ranking - Calendar

Period XMGFX Return Category Return Low Category Return High Rank in Category (%)
2023 -2.6% -16.2% 8.1% 98.87%
2022 -19.0% -34.7% 131.9% 93.81%
2021 -8.7% -11.6% 4.4% 99.56%
2020 0.4% -10.1% 946.1% 95.92%
2019 -0.2% -1.7% 16.9% 99.29%

Total Return Ranking - Trailing

Period XMGFX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -5.0% 12.3% 99.90%
1 Yr -0.3% -1.4% 20.8% 99.80%
3 Yr -9.5%* -10.0% 27.7% 99.79%
5 Yr -7.3%* -7.3% 58.8% 100.00%
10 Yr -2.8%* -2.8% 73.9% 100.00%

* Annualized

Total Return Ranking - Calendar

Period XMGFX Return Category Return Low Category Return High Rank in Category (%)
2023 -2.6% -11.3% 11.9% 99.69%
2022 -19.0% -32.2% 131.9% 99.06%
2021 -8.7% -9.4% 9.2% 99.89%
2020 0.4% -1.9% 1009.0% 98.98%
2019 3.5% 1.1% 21668.0% 99.29%

NAV & Total Return History

XMGFX - Holdings

Concentration Analysis

XMGFX Category Low Category High XMGFX % Rank
Net Assets 125 M 2.9 M 314 B 87.83%
Number of Holdings N/A 1 17787 67.36%
Net Assets in Top 10 N/A 1.62 M 35.1 B 84.17%
Weighting of Top 10 N/A 4.4% 432.9% 29.96%

Top 10 Holdings

  1. US Treasury Bond Future Dec 20 9.17%
  2. US Treasury Bond Future Dec 20 9.17%
  3. US Treasury Bond Future Dec 20 9.17%
  4. US Treasury Bond Future Dec 20 9.17%
  5. US Treasury Bond Future Dec 20 9.17%
  6. US Treasury Bond Future Dec 20 9.17%
  7. US Treasury Bond Future Dec 20 9.17%
  8. US Treasury Bond Future Dec 20 9.17%
  9. US Treasury Bond Future Dec 20 9.17%
  10. US Treasury Bond Future Dec 20 9.17%

Asset Allocation

Weighting Return Low Return High XMGFX % Rank
Bonds 		100.29% 0.00% 993.61% 23.72%
Stocks 		0.00% 0.00% 99.99% 67.79%
Preferred Stocks 		0.00% 0.00% 71.02% 43.53%
Other 		0.00% -16.55% 52.94% 18.88%
Convertible Bonds 		0.00% 0.00% 7.93% 72.48%
Cash 		0.00% -54.51% 237.69% 84.26%

XMGFX - Expenses

Operational Fees

XMGFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.01% 39.64% 48.97%
Management Fee 0.85% 0.00% 1.76% 99.79%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.01% 0.50% 2.34%

Sales Fees

XMGFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

XMGFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

XMGFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 201.00% 2.00% 493.39% 69.74%

XMGFX - Distributions

Dividend Yield Analysis

XMGFX Category Low Category High XMGFX % Rank
Dividend Yield 0.00% 0.00% 10.11% 98.57%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

XMGFX Category Low Category High XMGFX % Rank
Net Income Ratio 1.78% -1.28% 4.79% 44.49%

Capital Gain Distribution Analysis

XMGFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

XMGFX - Fund Manager Analysis

Managers

Geoffrey Schechter

Start Date

Tenure

Tenure Rank

Apr 01, 2006

16.18

16.2%

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.

Neeraj Arora

Start Date

Tenure

Tenure Rank

May 31, 2021

1.0

1.0%

Neeraj Arora is an investment officer and fixed income research analyst for MFS Investment Management® (MFS®). He is a member of the portfolio management team for the firm's Strategic Income strategy, responsible for managing the emerging market debt securities within the strategy. He is a member of the firm's emerging market debt team and works closely with MFS' emerging markets debt portfolio management team to identify attractive investment opportunities. Neeraj joined MFS in 2011. He was previously a vice president and research analyst at J.P. Morgan. He added portfolio management responsibilities in 2018. He earned a bachelor's degree from Marquette University and holds a Master's of Business Administration from Georgetown University.

Alexander Mackey

Start Date

Tenure

Tenure Rank

May 31, 2021

1.0

1.0%

Alexander M. Mackey, CFA, is an investment officer and fixed income portfolio manager with MFS Investment Management(r) (MFS(r)). He has portfolio management responsibilities on the firm's limited duration and multi-sector fixed income strategies. He also has research analyst responsibilities. Alexander joined MFS in 1998 as a financial control assistant and was promoted to section manager in 2000. He joined the Fixed Income Department as a research associate in 2001 was promoted to fixed income research analyst in 2004. He took on portfolio management responsibilities in 2017. Alexander has a bachelor's degree from Trinity College and holds the Chartered Financial Analyst (CFA) designation. He is a member of the CFA Society of Boston.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.79 1.16

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