MFS Government Markets Income Trust (NYSE:MGF) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lowered its stake in MFS Government Markets Income Trust (NYSE:MGF) by 10.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,656,628 shares of the company’s stock after selling 191,000 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.05% of MFS Government Markets Income Trust worth $5,483,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MGF. WMG Financial Advisors LLC bought a new stake in MFS Government Markets Income Trust in the second quarter valued at about $31,000. Dynamic Advisor Solutions LLC acquired a new position in shares of MFS Government Markets Income Trust in the 3rd quarter worth approximately $76,000. Wolverine Asset Management LLC bought a new stake in shares of MFS Government Markets Income Trust in the 2nd quarter valued at approximately $302,000. Kraft Davis & Associates LLC acquired a new stake in shares of MFS Government Markets Income Trust during the 1st quarter valued at approximately $566,000. Finally, Shaker Financial Services LLC bought a new position in MFS Government Markets Income Trust during the second quarter worth $688,000. Institutional investors and hedge funds own 54.77% of the company’s stock.

MFS Government Markets Income Trust Trading Down 0.6 %

MGF stock opened at $3.17 on Monday. MFS Government Markets Income Trust has a 1-year low of $2.91 and a 1-year high of $3.39. The firm has a fifty day moving average price of $3.24 and a two-hundred day moving average price 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. Investors of record on Tuesday, October 15th will be given a dividend of $0.0204 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 7.72%. The ex-dividend date of this dividend is Tuesday, October 15th. This is an increase from MFS Government Markets Income Trust’s previous monthly dividend of $0.02.

MFS Government Markets Income Trust Company 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.