Mfs Govt Mkts (NYSE:MGF – Get Free Report) declared a monthly dividend on Friday, May 1st. Stockholders of record on Tuesday, May 19th will be given a dividend of 0.0187 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Tuesday, May 19th.
Mfs Govt Mkts Price Performance
NYSE MGF opened at $2.88 on Friday. Mfs Govt Mkts has a fifty-two week low of $2.86 and a fifty-two week high of $3.14. The business has a fifty day moving average of $2.93 and a 200-day moving average of $3.00.
Mfs Govt Mkts Company Profile
MFS Government Markets Fund (NYSE: MGF) is a closed-end management investment company that seeks to provide current income consistent with preservation of capital and liquidity by investing primarily in U.S. government and government-related debt securities. The fund’s portfolio typically consists of U.S. Treasury obligations, agency securities and repurchase agreements collateralized by government-backed instruments. By concentrating on high-quality, sovereign-issued fixed income, MGF aims to offer investors relatively stable returns while minimizing exposure to credit risk.
The fund employs a disciplined, yield-curve-aware approach, blending short-term and intermediate-term maturities to balance income generation with interest-rate sensitivity.
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