Raymond James Financial Services Advisors Inc. boosted its holdings in MFS Government Markets Income Trust (NYSE:MGF – Free Report) by 11.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,487 shares of the company’s stock after purchasing an additional 3,795 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in MFS Government Markets Income Trust were worth $116,000 as of its most recent SEC filing.
Separately, Consolidated Portfolio Review Corp boosted its position in MFS Government Markets Income Trust by 41.5% in the third quarter. Consolidated Portfolio Review Corp now owns 306,196 shares of the company’s stock worth $937,000 after purchasing an additional 89,869 shares during the last quarter. Hedge funds and other institutional investors own 54.77% of the company’s stock.
MFS Government Markets Income Trust Price Performance
MGF stock opened at $3.06 on Friday. The stock’s fifty day simple moving average is $3.11 and its two-hundred day simple moving average is $3.12. MFS Government Markets Income Trust has a 1-year low of $2.91 and a 1-year high of $3.35.
MFS Government Markets Income Trust Cuts Dividend
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.
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