MFS Government Markets Income Trust

MFS Government Markets Income Trust is a closed-end management investment trust. Its assets include borrowings for investment purposes, in U.S. and foreign government securities. The fund portfolio may also provide investment grade quality debt instruments, including fund's assets in U.S., foreign and emerging market securities. The company was founded on May 28, 1987 and is headquartered in Boston, MA.

MFS Intermediate High Income Fund

MFS Charter Income Trust

MFS Intermediate Income Trust

MFS Multimarket Income Trust

BOSTON--(BUSINESS WIRE)--MFS announces distribution income sources for certain closed end funds for December 2024.

MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds

MFS High Yield Municipal Trust

MFS High Income Municipal Trust

MFS Investment Grade Municipal Trust

MFS Municipal Income Trust

BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distributions for December 2024.

MFS Announces Closed-End Fund Distributions

MGF has delivered strong performance in 2024: The fund has gained over 7% due to falling interest rates. Duration-driven gains: The fund's long duration has amplified its gains from declining rates. MGF is primarily invested in Treasuries and MBS bonds, making it a rates play.

MGF: There Is A Time To Buy And There Is A Time To Hold (Rating Downgrade)

BOSTON--(BUSINESS WIRE)--MFS Closed End Fund Portfolio Management Team Announcement.

MFS Closed End Fund Portfolio Management Team Announcement

Blackrock Income Trust

Virtus AllianzGI Convertible & Income 2024 Target Term Fund

Carlyle Credit Income Fund

BNY Mellon High Yield Strategies Fund 

Allspring Global Dividend Opportunity Fund

First Trust MLP & Energy Income Fund

First Trust Energy Income and Growth Fund

First Trust Energy Infrastructure Fund

First Trust New Opportunities Mlp & Energy Fund

Western Asset High Income Fund

John Hancock Investors Trust

John Hancock Income Securities Trust

Deutsche Municipal Income Trust

Macquarie/ First Trust Global Infrastructure/ Utilities Dividend & Income Fund

BlackRock Municipal Income Fund

Nuveen California Quality Municipal Income Fund

Nuveen Quality Municipal Income Fund

Nuveen New York Quality Muni Income Fund

Nuveen AMT-Free Quality Municipal Income Fund

Virtus Dividend Interest & Premium Strategy Fund

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

The MFS Government Markets Income is a closed-end fund holding Treasuries and Agency MBS bonds. The CEF offers a 7.8% yield, but utilizes return on capital, eroding the initial investment over time. The fund is sensitive to lower rates due to its long duration (6.4 years), making it an appropriate vehicle for a monetary easing cycle.

MGF: Transforming Treasury Returns Into A 7.8% Yield

Blackrock Core Bond Trust

BlackRock Credit Allocation Income Trust

BlackRock Enhanced Government Fund

First Trust Mortgage Income Fund

Western Asset Global Corp Defined Opportunity Fund Inc

iShares iBoxx High Yield Corporate Bond ETF

Western Asset Investment Grade Defined Opportunity Trust

iShares iBoxx $ Investment Grade Corporate Bond ETF

Western Asset Investment Grade Income Fund

Western Asset Premier Bond Fund

Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatility to consider when investing in these funds, which would otherwise be for more conservative investors. Besides the higher yields, when rates decline investment-grade funds should see a significant rebound, adding a catalyst for potential upside and 'locking in' higher yields now.

Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider

Barnes Group

Gabelli Equity Trust

Reaves Utility Income Fund

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.

Introductory: 3 Tips For The Starting Closed-End Fund Investor

Nuveen S&P 500 Buy-Write Income Fund

Nuveen Dow 30 Dynamic Overwrite Fund

Allspring Income Opportunities Fund

Wells Fargo Multi-Sector Income Fund

Wells Fargo Utilities and High Income Fund

Sprott Focus Trust

India Fund Inc

Nuveen Core Equity Alpha Fund

Nuveen Diversified Dividend And Income Fund

Nuveen Real Asset Income & Growth Fund

Nuveen Real Estate Income Fund

Nuveen Tax-Advantaged Total Return Strategy Fund

Nuveen Tax-Advantaged Dividend Growth Fund

MFS Special Value Trust

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Nuveen NASDAQ 100 Dynamic Overwrite Fund

RiverNorth Opportunities Fund, Inc.

Royce Micro-Cap Trust

Royce Value Trust

Some CEFs have managed distribution policies that are linked directly or indirectly to their NAVs, allowing investors to forecast changes in distributions with varying accuracy. Recent volatility has already caused some CEFs to lower their distributions as a result of the March drawdown, causing their discounts to widen relative to their sectors.

News for MFS Government Markets Income Trust ETF (MGF)