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Trending ETFs

MFS Government Securities Fund

mutual fund
MFGDX
Payout Change
Pending
Price as of:
$8.65 -0.03 -0.35%
primary theme
Intermediate-Term U.S. Treasury Bond
share class
R6 (MFGKX) R2 (MGVSX) R3 (MFGHX) R4 (MFGJX) A (MFGSX) I (MGSIX) R1 (MFGGX) B (MFGBX) C (MFGDX)
MFGDX (Mutual Fund)

MFS Government Securities Fund

Payout Change
Pending
Price as of:
$8.65 -0.03 -0.35%
primary theme
Intermediate-Term U.S. Treasury Bond
share class
R6 (MFGKX) R2 (MGVSX) R3 (MFGHX) R4 (MFGJX) A (MFGSX) I (MGSIX) R1 (MFGGX) B (MFGBX) C (MFGDX)
MFGDX (Mutual Fund)

MFS Government Securities Fund

Payout Change
Pending
Price as of:
$8.65 -0.03 -0.35%
primary theme
Intermediate-Term U.S. Treasury Bond
share class
R6 (MFGKX) R2 (MGVSX) R3 (MFGHX) R4 (MFGJX) A (MFGSX) I (MGSIX) R1 (MFGGX) B (MFGBX) C (MFGDX)

Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MFS Government Securities Fund

MFGDX | Fund

$8.65

$2.14 B

2.86%

$0.25

1.52%

Vitals

YTD Return

1.6%

1 yr return

4.2%

3 Yr Avg Return

-3.1%

5 Yr Avg Return

-1.5%

Net Assets

$2.14 B

Holdings in Top 10

28.6%

52 WEEK LOW AND HIGH

$8.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.52%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 398.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MFS Government Securities Fund

MFGDX | Fund

$8.65

$2.14 B

2.86%

$0.25

1.52%

MFGDX - Profile

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return -3.1%
  • 5 Yr Annualized Total Return -1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.01%
DIVIDENDS
  • Dividend Yield 2.9%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    MFS Government Securities Fund
  • Fund Family Name
    MFS Funds
  • Inception Date
    Mar 19, 1998
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Geoffrey Schechter

Fund Description

MFS (Massachusetts Financial Services Company, the fund’s investment adviser) normally invests at least 80% of the fund’s net assets in U.S. Government securities. MFS may also invest the fund's assets in other debt instruments.

U.S. Government securities are securities issued or guaranteed by the U.S. Treasury, by an agency or instrumentality of the U.S. Government, or by a U.S. Government-sponsored entity, including mortgage-backed securities and other types of securitized instruments issued or guaranteed by such entities.

MFS generally invests substantially all of the fund’s assets in investment grade quality debt instruments.

MFS may purchase or sell securities for the fund on a when-issued, delayed delivery, or forward commitment basis where payment and delivery take place at a future settlement date, including mortgage-backed securities purchased or sold in the to be announced (TBA) market.

MFS may invest the fund’s assets in foreign securities.

MFS may invest a significant percentage of the fund’s assets in a single issuer or a small number of issuers.

MFS may engage in active and frequent trading in pursuing the fund’s principal investment strategies.

While MFS may use derivatives for any investment purpose, to the extent MFS uses derivatives, MFS expects to use derivatives primarily to increase or decrease exposure to a particular market, segment of the market, or security, to increase or decrease interest rate or currency exposure, or as alternatives to direct investments. Derivatives include futures, forward contracts, options, and swaps.

MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual instruments and their issuers. Quantitative screening tools that systematically evaluate instruments may also be considered. In structuring the fund, MFS also considers top-down factors.

For purposes of the fund's 80% policy, net assets include the amount of any borrowings for investment purposes.

Read More

MFGDX - Performance

Return Ranking - Trailing

Period MFGDX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -3.9% 27.5% 89.73%
1 Yr 4.2% -4.4% 33.8% 86.16%
3 Yr -3.1%* -7.3% 12.1% 94.17%
5 Yr -1.5%* -5.6% 2.3% 92.45%
10 Yr -0.2%* -2.2% 2.9% 93.37%

* Annualized

Return Ranking - Calendar

Period MFGDX Return Category Return Low Category Return High Rank in Category (%)
2023 0.8% -1.0% 22.1% 66.96%
2022 -13.6% -20.4% -5.8% 53.36%
2021 -3.2% -7.1% 16.6% 51.83%
2020 4.4% -1.3% 8.8% 28.30%
2019 3.9% 0.3% 7.1% 22.97%

Total Return Ranking - Trailing

Period MFGDX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -3.9% 27.5% 89.73%
1 Yr 4.2% -4.4% 33.8% 86.16%
3 Yr -3.1%* -7.3% 12.1% 94.17%
5 Yr -1.5%* -5.6% 2.3% 92.45%
10 Yr -0.2%* -2.2% 2.9% 93.37%

* Annualized

Total Return Ranking - Calendar

Period MFGDX Return Category Return Low Category Return High Rank in Category (%)
2023 3.3% -0.5% 28.8% 85.27%
2022 -13.0% -18.5% -3.3% 86.55%
2021 -2.9% -4.5% 25.3% 91.74%
2020 5.7% -1.3% 13.0% 60.85%
2019 5.4% 1.8% 11.3% 71.77%

NAV & Total Return History

MFGDX - Holdings

Concentration Analysis

MFGDX Category Low Category High MFGDX % Rank
Net Assets 2.14 B 8.69 M 134 B 35.71%
Number of Holdings 783 13 12380 32.59%
Net Assets in Top 10 590 M 5.7 M 55.6 B 40.63%
Weighting of Top 10 28.56% 6.2% 99.3% 66.07%

Top 10 Holdings

  1. MFS Institutional Money Market Portfolio, Class A 4.92%
  2. U.S. Treasury Notes 4.16%
  3. U.S. Treasury Bonds 3.56%
  4. U.S. Treasury Bonds 3.52%
  5. U.S. Treasury Notes 2.53%
  6. U.S. Treasury Notes 2.42%
  7. U.S. Treasury Notes 2.06%
  8. U.S. Treasury Notes 1.86%
  9. U.S. Treasury Notes 1.77%
  10. U.S. Treasury Notes 1.77%

Asset Allocation

Weighting Return Low Return High MFGDX % Rank
Bonds 		96.17% 0.03% 161.75% 86.61%
Cash 		4.92% -20.28% 28.09% 31.70%
Other 		2.63% -20.46% 42.16% 21.88%
Stocks 		0.00% 0.00% 95.39% 71.43%
Preferred Stocks 		0.00% 0.00% 0.11% 71.43%
Convertible Bonds 		0.00% 0.00% 3.29% 71.88%

Bond Sector Breakdown

Weighting Return Low Return High MFGDX % Rank
Government 		48.65% 0.00% 100.00% 36.16%
Securitized 		46.71% 0.00% 99.79% 62.50%
Cash & Equivalents 		4.92% 0.00% 28.09% 31.70%
Municipal 		1.44% 0.00% 5.24% 10.71%
Corporate 		0.57% 0.00% 9.48% 15.18%
Derivative 		-0.16% -12.53% 3.25% 95.98%

Bond Geographic Breakdown

Weighting Return Low Return High MFGDX % Rank
US 		96.17% 0.03% 161.75% 86.61%
Non US 		0.00% 0.00% 2.20% 71.43%

MFGDX - Expenses

Operational Fees

MFGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.52% 0.03% 2.85% 12.56%
Management Fee 0.37% 0.00% 0.85% 59.82%
12b-1 Fee 1.00% 0.00% 1.00% 94.23%
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

MFGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 4.50% N/A
Deferred Load 1.00% 1.00% 4.50% 77.78%

Trading Fees

MFGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MFGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 398.00% 3.35% 948.00% 90.71%

MFGDX - Distributions

Dividend Yield Analysis

MFGDX Category Low Category High MFGDX % Rank
Dividend Yield 2.86% 0.00% 4.94% 82.14%

Dividend Distribution Analysis

MFGDX Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Monthly

Net Income Ratio Analysis

MFGDX Category Low Category High MFGDX % Rank
Net Income Ratio -0.01% -0.80% 2.96% 87.89%

Capital Gain Distribution Analysis

MFGDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MFGDX - Fund Manager Analysis

Managers

Geoffrey Schechter

Start Date

Tenure

Tenure Rank

Apr 30, 2006

16.1

16.1%

Geoffrey L. Schechter, CFA, CPA, is an investment officer at MFS Investment Management® (MFS®) and a portfolio manager of the firm's government securities and municipal bond portfolios. Geoff joined MFS as an investment officer in 1993 after working as a municipal credit analyst with a major insurance company. He was named portfolio manager in 1993. Geoff is a graduate of the University of Texas and has an MBA degree from Boston University. He holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations. Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management.

Jake Stone

Start Date

Tenure

Tenure Rank

Sep 01, 2018

3.75

3.8%

Jake Stone has been employed in the investment area of MFS since July 2018; Vice President, Portfolio Analyst, Fixed Income Portfolio Management Team, Wellington Management Company, LLP from September 2013 to July 2018

Tenure Analysis

Category Low Category High Category Average Category Mode
0.11 31.64 8.43 7.35

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