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Morningstar

MFS Government Securities R3 MFGHX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 8.31  /  0.02 %
  • Total Assets 2.2 Bil
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.760%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.59%
  • Effective Duration 6.31 years

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:17 PM GMT+0

Morningstar’s Analysis MFGHX

Will MFGHX 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 MFGHX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MFGHX 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 MFGHX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Despite its charms, this strategy struggles to stand out.

Associate Director Shannon Kirwin

Shannon Kirwin

Associate Director

Summary

MFS Government Securities, also sold in the cross-border market under MFS Meridian US Government Bond, boasts an experienced and knowledgeable management team and growing analyst resources. Still, its supporting bench is leaner than competitors' and it hasn't achieved a consistent edge over its benchmark or peers. It earns a Morningstar Medalist Rating of Neutral on its cheaper share classes, while its most expensive share classes are rated Negative.

by Shannon Kirwin
Rated on Published on

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Portfolio Holdings MFGHX

More MFGHX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 730
  • Other Holdings 6
  • % Assets in Top 10 Holdings 26.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 10 Year Treasury Note

8.49
192,621,406
Government

Future on 5 Year Treasury Note

6.31
143,352,860
Government

United States Treasury Notes 2.5%

6.08
138,089,997
Cash and Equivalents

Future on Ultra US Treasury Bond

4.29
97,445,219
Government

United States Treasury Notes 3.63%

3.76
85,270,183
Government

United States Treasury Bonds 2.5%

3.31
75,233,524
Government

United States Treasury Notes 3.88%

2.99
67,790,329
Government

United States Treasury Notes 4.25%

2.66
60,333,730
Government

United States Treasury Notes 2.75%

2.27
51,535,407
Government

United States Treasury Notes 2%

2.13
48,324,958
Government