MGF
Price:
$3.11
Market Cap:
$101.36M
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.
Industry
Asset Management - Income
IPO Date
1987-05-20
Stock Exchange
NYSE
Ticker
MGF
According to MFS Government Markets Income Trust’s latest financial reports and current stock price. The company's current ROE is 4.92%. This represents a change of 276.47% compared to the average of 1.31% of the last 4 quarters.
The mean historical ROE of MFS Government Markets Income Trust over the last ten years is 0.93%. The current 4.92% ROE has changed 427.30% 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%.
Average
0.93%
Median
1.10%
Minimum
-15.10%
Maximum
9.37%
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 = 1.23%
Maximum Annual ROE = 9.37%
Minimum Annual Increase = -658.00%
Minimum Annual ROE = -15.10%
| Year | ROE | Change |
|---|---|---|
| 2024 | 6.08% | 1.23% |
| 2023 | 0.46% | -103.02% |
| 2022 | -15.10% | 932.52% |
| 2021 | -1.46% | -120.12% |
| 2020 | 7.27% | -22.43% |
| 2019 | 9.37% | -658.00% |
| 2018 | -1.68% | -176.61% |
| 2017 | 2.19% | 31.04% |
| 2016 | 1.67% | 217.32% |
| 2015 | 0.53% | -88.47% |
The current ROE of MFS Government Markets Income Trust (MGF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-2.85%
5-year avg
-0.55%
10-year avg
0.93%
MFS Government Markets Income Trust’s ROE is less than The Gabelli Global Utility & Income Trust (11.82%), less than Eaton Vance Senior Income Trust (7.23%), less than Western Asset Investment Grade Defined Opportunity Trust Inc. (9.10%), less than The Gabelli Convertible and Income Securities Fund Inc. (5.26%), less than Western Asset Investment Grade Income Fund Inc. (7.04%), greater than TCW Relative Value Mid Cap Fund Class N (-27.13%), greater than Goldman Sachs Global Infrastructure Fund Class A (0%), greater than AMG Veritas Asia Pacific Fund Class N (0%), greater than AMG Veritas Asia Pacific Fund Class I (0%),
| Company | ROE | Market cap |
|---|---|---|
| 11.82% | $110.59M | |
| 7.23% | $97.03M | |
| 9.10% | $98.60M | |
| 5.26% | $85.65M | |
| 7.04% | $118.22M | |
| -27.13% | $101.94M | |
| 0% | $102.29M | |
| 0% | $101.01M | |
| 0% | $100.64M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like MFS Government Markets Income Trust using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like MFS Government Markets Income Trust or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is MFS Government Markets Income Trust's ROE?
How is the ROE calculated for MFS Government Markets Income Trust (MGF)?
What is the highest ROE for MFS Government Markets Income Trust (MGF)?
What is the 3-year average ROE for MFS Government Markets Income Trust (MGF)?
What is the 5-year average ROE for MFS Government Markets Income Trust (MGF)?
How does the current ROE for MFS Government Markets Income Trust (MGF) compare to its historical average?