Consolidated Portfolio Review Corp Increases Stock Position in MFS Government Markets Income Trust (NYSE:MGF)

Consolidated Portfolio Review Corp increased its stake in shares of MFS Government Markets Income Trust (NYSE:MGF) by 5.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 346,548 shares of the company’s stock after purchasing an additional 18,179 shares during the period. Consolidated Portfolio Review Corp owned approximately 1.06% of MFS Government Markets Income Trust worth $1,064,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gilman Hill Asset Management LLC purchased a new stake in MFS Government Markets Income Trust during the 4th quarter valued at $31,000. Dynamic Advisor Solutions LLC bought a new stake in shares of MFS Government Markets Income Trust in the third quarter worth $76,000. L.M. Kohn & Company purchased a new stake in MFS Government Markets Income Trust during the third quarter valued at $78,000. Transform Wealth LLC purchased a new stake in MFS Government Markets Income Trust during the fourth quarter valued at $163,000. Finally, MML Investors Services LLC lifted its holdings in MFS Government Markets Income Trust by 3.1% in the third quarter. MML Investors Services LLC now owns 109,152 shares of the company’s stock valued at $361,000 after acquiring an additional 3,283 shares during the period. Institutional investors own 54.77% of the company’s stock.

MFS Government Markets Income Trust Stock Performance

MFS Government Markets Income Trust stock opened at $3.09 on Friday. MFS Government Markets Income Trust has a 52-week low of $2.95 and a 52-week high of $3.39. The business has a 50-day simple moving average of $3.09 and a two-hundred day simple moving average of $3.16.

MFS Government Markets Income Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a dividend of $0.0192 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.23 annualized dividend and a yield of 7.46%.

MFS Government Markets Income Trust Profile

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.