Landscape Capital Management L.L.C. Sells 66,675 Shares of MFS Government Markets Income Trust (NYSE:MGF)

Landscape Capital Management L.L.C. lowered its position in MFS Government Markets Income Trust (NYSE:MGF) by 51.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 62,433 shares of the company’s stock after selling 66,675 shares during the period. Landscape Capital Management L.L.C. owned about 0.19% of MFS Government Markets Income Trust worth $207,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MGF. WMG Financial Advisors LLC bought a new position in MFS Government Markets Income Trust in the 2nd quarter worth $31,000. Dynamic Advisor Solutions LLC bought a new position in MFS Government Markets Income Trust in the 3rd quarter worth $76,000. Wolverine Asset Management LLC bought a new position in MFS Government Markets Income Trust in the 2nd quarter worth $302,000. Private Advisor Group LLC bought a new position in MFS Government Markets Income Trust in the 3rd quarter worth $457,000. Finally, Shaker Financial Services LLC bought a new position in shares of MFS Government Markets Income Trust during the 2nd quarter valued at about $688,000. Institutional investors own 54.77% of the company’s stock.

MFS Government Markets Income Trust Price Performance

MGF opened at $3.12 on Tuesday. The firm has a 50-day simple moving average of $3.20 and a two-hundred day simple moving average of $3.16. MFS Government Markets Income Trust has a 52 week low of $3.02 and a 52 week high of $3.39.

MFS Government Markets Income Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Tuesday, November 12th will be given a dividend of $0.0199 per share. This represents a $0.24 annualized dividend and a dividend yield of 7.65%. The ex-dividend date of this dividend is Tuesday, November 12th.

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.