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Morningstar

MFS Government Securities R1 MFGGX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 8.60  /  +0.37 %
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    1.510%
  • Expense Ratio 1.510%
  • Distribution Fee Level High
  • Share Class Type Retirement, Small
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.77%
  • Effective Duration 5.96 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis MFGGX

Will MFGGX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MFGGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MFGGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MFGGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This slim team punches above its weight (but not always above its fees).

Associate Director Shannon Kirwin

Shannon Kirwin

Associate Director

Summary

MFS Government Securities, also sold in the cross-border market as MFS Meridian US Government Bond, boasts a solid investment approach to the US Treasury and agency mortgage market, though its team is lean compared with better-resourced rivals.

by Shannon Kirwin
Rated on Published on

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Portfolio Holdings MFGGX

More MFGGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

10 Year Treasury Note Future Sept 24

10.15 209.1 Mil
Government

Ultra US Treasury Bond Future Sept 24

4.16 85.6 Mil
Government

United States Treasury Notes 3.63%

4.11 84.7 Mil
Government

United States Treasury Bonds 2.5%

3.44 70.8 Mil
Government

Currency Cash CASH_USD

3.20 65.9 Mil
Cash and Equivalents

United States Treasury Notes 2.75%

2.51 51.6 Mil
Government

UST Bond 30Yr Future SEP 19 24

2.43 50.0 Mil
Government

United States Treasury Notes 2%

2.38 49.0 Mil
Government

5 Year Treasury Note Future Sept 24

2.08 42.8 Mil
Government

United States Treasury Notes 4.88%

2.06 42.4 Mil
Government