MFS Government Marketsome Trust (MFS Government Marketsome Trust) GF Value Rank : 0 (As of May. 26, 2024)

View and export this data going back to . Start your Free Trial

What is MFS Government Marketsome Trust GF Value Rank?

MFS Government Marketsome Trust has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

MFS Government Marketsome Trust GF Value Rank Related Terms

Thank you for viewing the detailed overview of MFS Government Marketsome Trust's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

MFS Government Marketsome Trust (MFS Government Marketsome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFS Government Markets Income Trust (NYSE:MGF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Huntington Avenue, Boston, MA, USA, 02199

Website

https://www.mfs.com

MFS Government Markets Income Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to seek high current income. The fund invests a majority of the net assets, including borrowings for investment purposes, in U.S. and foreign government securities. The trust invests most of the assets in investment-grade debt instruments. Its portfolio of investments comprises of different sectors investment such as the automotive, chemicals, computer software, consumer products, insurance, and other sectors.

Executives

Linda Dougherty	other: OFFICER OF ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
Jake Stone	other: PORTFOLIO MANAGER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux	other: CHIEF COMPLIANCE OFFICER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh	director	111 HUNTINGTON AVENUE, BOSTON MA 02072
Neeraj Arora	other: PORTFOLIO MANAGER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Alexander Mackey	other: PORTFOLIO MANAGER	MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet	other: ADVISOR TO OFFICER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy	other: OFFICER OF ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman	director	111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney	officer: Officer of Advisor	111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones	director	111 HUNTINGTON AVENUE, BOSTON MA 02199
Carol W. Geremia	officer: PRESIDENT	111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain	other: Officer of Advisor	MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A Caroselli	director	ONE METROTECH CENTER, BROOKLYN NY 11201

MFS Government Marketsome Trust (MFS Government Marketsome Trust) Headlines

From GuruFocus

SIT Investment Associates Inc. Boosts Stake in MFS Government Markets Income Trust

By GuruFocus Research • 08-09-2023

MFS Closed End Fund Portfolio Management Team Announcement

By Business Wire Business Wire • 04-27-2023

Unraveling the Dividend Story of MFS Government Markets Income Trust (MGF)

By GuruFocus Research • 09-12-2023

MFS Government Markets Income Trust's Dividend Analysis

By GuruFocus Research • 10-16-2023