Significant Wealth Partners LLC Purchases Shares of 82,573 MFS Government Markets Income Trust (NYSE:MGF)

Significant Wealth Partners LLC acquired a new position in shares of MFS Government Markets Income Trust (NYSE:MGF) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 82,573 shares of the company’s stock, valued at approximately $263,000.

Separately, Raymond James Financial Services Advisors Inc. increased its position in MFS Government Markets Income Trust by 11.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 36,487 shares of the company’s stock worth $116,000 after purchasing an additional 3,795 shares during the last quarter. 54.77% of the stock is currently owned by hedge funds and other institutional investors.

MFS Government Markets Income Trust Price Performance

MFS Government Markets Income Trust stock opened at $3.08 on Tuesday. MFS Government Markets Income Trust has a 52-week low of $2.91 and a 52-week high of $3.35. The firm’s fifty day moving average is $3.12 and its 200 day moving average is $3.12.

MFS Government Markets Income Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 17th will be given a dividend of $0.02 per share. This represents a $0.24 annualized dividend and a dividend yield of 7.80%. The ex-dividend date of this dividend is Tuesday, April 16th.

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.