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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 8.74  /  0.81 %
  • Total Assets 2.2 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 0
  • Status Open
  • TTM Yield 1.30%
  • Effective Duration 6.31 years

USD | NAV as of May 31, 2023 | 1-Day Return as of May 31, 2023, 12:13 AM 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.

Experienced management isn't enough to make this strategy stand out in a crowded field.

Associate Director Shannon Kirwin

Shannon Kirwin

Associate Director

Summary

MFS Government Securities boasts an experienced and knowledgeable manager team, but its supporting bench is leaner than competitors’ and it hasn’t achieved an edge over its benchmark or peers. It earns a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its most-expensive shares are rated Negative.

by Shannon Kirwin
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MFGGX

More MFGGX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 0
  • Bond Holdings 700
  • Other Holdings 10
  • % Assets in Top 10 Holdings 25.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

10 Year Treasury Note Future June 23

9.01
206,328,797
Government

5 Year Treasury Note Future June 23

7.66
175,477,759
Government

United States Treasury Notes 2.5%

5.95
136,307,809
Government

Currency Cash CASH_USD

4.43
101,503,519
Cash and Equivalents

United States Treasury Notes 3.63%

3.80
87,080,605
Government

United States Treasury Bonds 2.5%

3.45
79,050,834
Government

Ultra 10 Year US Treasury Note Future June 23

3.33
76,394,016
Government

UST Bond 30Yr Future JUN 21 23

3.10
71,094,375
Government

United States Treasury Notes 3.88%

2.98
68,239,400
Government

United States Treasury Notes 2.75%

2.30
52,612,375
Government