MGF News and Press, MFS Government Markets Income Trust From 01/07/21

Despite suffering steeper losses in the March panic and again in the September/October correction, the Russell 1000 finished 2020 with a threefold lead over its global peers (up 21% versus 6.8%, respectively). As was the case globally, P/E multiple expansion, rather than dividend or f...

MFS Government Markets Income Trust (MGF) declares $0.028540/share monthly dividend, -0.6% decrease from prior dividend of $0.02868.Forward yield 7.52%Payable Jan. 29; for shareholders of record Jan. 20; ex-div Jan. 19.See MGF Dividend Scorecard, Yield Chart, & Dividend Growth. For furt...

Asset valuations, in themselves, cannot tell us when bubbles will burst, but they suggest when we are witnessing them and the depth of liquidation coming on the other side. Today, equities, corporate and many sovereign bonds (and the funds and ETFs that hold them) are more extremely p...

23 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. Rally continues for the fifth week; MLPs lead again. DSL cuts distribution. For further details see: Weekly Closed-End Fund Roundup: December 6, 2020

Closed-end funds are a 'wrapper' for other assets, not an asset class themselves. Funds utilizing leverage can benefit upside, but can also increase maximum drawdowns. Distributions can be set as high as they want - watch the NAV for sustainability. For further details see: ...

November was one of the best months for markets in general and that includes CEFs, which rallied hard. Our Core Portfolio was up 7.2% in the month. Discounts have tightened materially in the last month but still remain much wider than at the start of the year. We describe why we t...

22 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. Rally continues for the fourth week as MLPs lead the way. DSL announces distribution cut, discussed in a separate report for members. For further details see: Weekly Closed-End...

MFS Government Markets Income Trust (MGF) declares $0.0287/share monthly dividend, -0.3% decrease from prior dividend of $0.0288.Forward yield 7.42%Payable Dec. 31; for shareholders of record Dec. 16; ex-div Dec. 15.See MGF Dividend Scorecard, Yield Chart, & Dividend Growth. For further...

21 out of 23 CEF sectors positive on price and 20 out of 23 sectors positive on NAV last week as rally continues for the third week. MLPs lead while real estate lags. Taxable munis are the most expensive CEF sector. For further details see: Weekly Closed-End Fund Roundup...

20 out of 23 CEF sectors positive on price and 18 out of 23 sectors positive on NAV last week as vaccine rally continues. November distribution changes are updated: boosts to MAV (Taxable Income holding), MHI; cuts to KIO, FSLF. We'll keep track of large annual/special distributio...