Consolidated Portfolio Review Corp Buys 18,179 Shares of MFS Government Markets Income Trust (NYSE:MGF)

Consolidated Portfolio Review Corp grew its stake in MFS Government Markets Income Trust (NYSE:MGF) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 346,548 shares of the company’s stock after buying an additional 18,179 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in MFS Government Markets Income Trust were worth $1,064,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Gilman Hill Asset Management LLC bought a new position in shares of MFS Government Markets Income Trust during the 4th quarter valued at approximately $31,000. Dynamic Advisor Solutions LLC purchased a new position in MFS Government Markets Income Trust during the third quarter valued at approximately $76,000. L.M. Kohn & Company bought a new position in shares of MFS Government Markets Income Trust in the third quarter worth approximately $78,000. Transform Wealth LLC bought a new position in shares of MFS Government Markets Income Trust in the fourth quarter worth approximately $163,000. Finally, MML Investors Services LLC increased its stake in shares of MFS Government Markets Income Trust by 3.1% in the third quarter. MML Investors Services LLC now owns 109,152 shares of the company’s stock worth $361,000 after purchasing an additional 3,283 shares in the last quarter. Institutional investors own 54.77% of the company’s stock.

MFS Government Markets Income Trust Stock Performance

MGF opened at $3.09 on Friday. The firm’s fifty day moving average is $3.09 and its 200 day moving average is $3.16. MFS Government Markets Income Trust has a fifty-two week low of $2.95 and a fifty-two week high of $3.39.

MFS Government Markets Income Trust Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a $0.0192 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.23 annualized dividend and a dividend yield of 7.46%.

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.