Aberdeen Government Markets Income Fund (MGF)
Aberdeen Government Markets Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $2.85, up 0.35% on the session, giving a market capitalisation of $92.9M. On trailing twelve-month figures it carries a trailing P/E of 22.32, a net margin of 121.0%. Its beta of 0.34 implies it has historically moved less than the broad market.
The MFS Government Markets Income Trust is a closed-end mutual fund managed by Massachusetts Financial Services Company, specializing in fixed-income investments. This trust primarily allocates its capital to the United States' fixed income markets, with a core emphasis on debt instruments considered investment grade. Beyond its primary focus, the fund diversifies its portfolio into a range of other assets. These include various mortgage-backed securities (both general and residential), debt issued by U.S. government agencies, international sovereign bonds, U.S. Treasuries, emerging markets debt, and high-grade corporate bonds. It also maintains holdings in cash and other net assets for liquidity. The performance of the fund's investment portfolio is benchmarked against the Barclays U.S. Government/Mortgage Bond Index. Established on May 28, 1987, the MFS Government Markets Income Trust is domiciled within the United States.
Aberdeen Government Markets Income Fund is most often compared with the following Financial Services names: