Consolidated Portfolio Review Corp Raises Holdings in MFS Government Markets Income Trust (NYSE:MGF)

Consolidated Portfolio Review Corp raised its stake in MFS Government Markets Income Trust (NYSE:MGF) by 9.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 328,369 shares of the company’s stock after buying an additional 28,592 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in MFS Government Markets Income Trust were worth $1,087,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Private Advisor Group LLC acquired a new stake in shares of MFS Government Markets Income Trust in the 3rd quarter worth $457,000. Dynamic Advisor Solutions LLC purchased a new position in MFS Government Markets Income Trust during the 3rd quarter worth approximately $76,000. PVG Asset Management Corp purchased a new stake in MFS Government Markets Income Trust in the second quarter valued at $1,440,000. Shaker Financial Services LLC acquired a new stake in MFS Government Markets Income Trust during the second quarter worth about $688,000. Finally, Wolverine Asset Management LLC purchased a new position in shares of MFS Government Markets Income Trust during the 2nd quarter valued at approximately $302,000. Institutional investors own 54.77% of the company’s stock.

MFS Government Markets Income Trust Trading Down 0.6 %

Shares of MGF stock traded down $0.02 during mid-day trading on Friday, hitting $3.17. 30,745 shares of the stock were exchanged, compared to its average volume of 96,661. MFS Government Markets Income Trust has a 52-week low of $2.91 and a 52-week high of $3.39. The firm has a fifty day moving average of $3.24 and a 200 day moving average of $3.15.

MFS Government Markets Income Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be issued a $0.0204 dividend. This is a positive change from MFS Government Markets Income Trust’s previous monthly dividend of $0.02. This represents a $0.24 annualized dividend and a yield of 7.72%. The ex-dividend date of this dividend is Tuesday, October 15th.

About MFS Government Markets Income Trust

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.