MFS Government Securities Fund (MFGSX)
The investment seeks total return with an emphasis on current income, but also considering capital appreciation. The fund normally invests at least 80% of its net assets in U.S. government securities. U.S. government securities include mortgage-backed securities and other types of securitized instruments issued or guaranteed by the U.S. Treasury, by an agency or instrumentality of the U.S. government, or by a U.S. government-sponsored entity. It generally invests substantially all of its assets in investment grade quality debt instruments. The fund may invest a significant percentage of the fund's assets in a single issuer or a small number of issuers.
Fund Info
US5529821002
552982100
Jul 24, 1984
$1,000
Expense Ratio
MFGSX features an expense ratio of 0.76%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Government Securities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MFS Government Securities Fund had a return of 0.41% year-to-date (YTD) and 3.29% in the last 12 months. Over the past 10 years, MFS Government Securities Fund had an annualized return of 0.47%, while the S&P 500 had an annualized return of 11.29%, indicating that MFS Government Securities Fund did not perform as well as the benchmark.
MFGSX
0.41%
0.65%
-1.83%
3.29%
-1.24%
0.47%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MFGSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.53% | 0.41% | |||||||||||
| 2024 | -0.28% | -1.55% | 0.77% | -2.49% | 1.63% | 1.15% | 2.09% | 1.48% | 1.12% | -2.74% | 1.01% | -1.56% | 0.46% |
| 2023 | 2.85% | -2.37% | 2.41% | 0.59% | -1.10% | -0.88% | -0.30% | -0.65% | -2.65% | -1.62% | 4.11% | 3.72% | 3.89% |
| 2022 | -1.52% | -0.74% | -2.57% | -3.15% | 0.22% | -1.07% | 2.09% | -2.87% | -4.05% | -1.56% | 3.13% | -0.59% | -12.19% |
| 2021 | -0.47% | -1.55% | -0.79% | 0.70% | -0.11% | 0.39% | 0.88% | -0.22% | -0.72% | -0.13% | 0.27% | -0.43% | -2.18% |
| 2020 | 1.79% | 1.86% | 1.34% | 0.75% | 0.08% | 0.16% | 0.82% | -0.43% | 0.04% | -0.64% | 0.32% | 0.02% | 6.25% |
| 2019 | 0.70% | -0.13% | 1.64% | -0.23% | 1.84% | 0.89% | 0.08% | 2.40% | -0.61% | 0.08% | -0.22% | -0.32% | 6.24% |
| 2018 | -1.13% | -0.74% | 0.61% | -0.64% | 0.73% | -0.01% | -0.31% | 0.63% | -0.74% | -0.76% | 0.83% | 1.89% | 0.31% |
| 2017 | 0.20% | 0.42% | -0.19% | 0.71% | 0.61% | -0.30% | 0.20% | 0.91% | -0.61% | -0.11% | -0.22% | 0.30% | 1.94% |
| 2016 | 1.47% | 0.66% | 0.27% | -0.02% | -0.01% | 1.48% | 0.29% | -0.28% | 0.01% | -0.78% | -2.18% | -0.30% | 0.56% |
| 2015 | 1.74% | -1.01% | 0.44% | -0.24% | -0.13% | -0.91% | 0.58% | -0.02% | 0.58% | -0.13% | -0.33% | -0.23% | 0.31% |
| 2014 | 1.42% | 0.30% | -0.31% | 0.59% | 0.98% | 0.07% | -0.33% | 0.77% | -0.42% | 0.86% | 0.56% | 0.07% | 4.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MFGSX is 18, meaning it’s performing worse than 82% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS Government Securities Fund (MFGSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS Government Securities Fund provided a 3.75% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.32 | $0.27 | $0.14 | $0.10 | $0.19 | $0.21 | $0.23 | $0.24 | $0.23 | $0.20 | $0.22 |
Dividend yield | 3.75% | 3.75% | 3.07% | 1.60% | 1.03% | 1.83% | 2.14% | 2.36% | 2.45% | 2.34% | 2.02% | 2.13% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Government Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.27 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.14 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.19 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the MFS Government Securities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MFS Government Securities Fund was 18.94%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current MFS Government Securities Fund drawdown is 10.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.94% | Aug 5, 2020 | 808 | Oct 19, 2023 | — | — | — |
| -7.9% | Mar 19, 1987 | 138 | Sep 28, 1987 | 85 | Jan 25, 1988 | 223 |
| -6.7% | Oct 18, 1993 | 146 | May 9, 1994 | 230 | Mar 27, 1995 | 376 |
| -6.1% | Feb 14, 1996 | 57 | May 2, 1996 | 135 | Nov 7, 1996 | 192 |
| -5.46% | Jan 9, 1992 | 47 | Mar 13, 1992 | 79 | Jul 2, 1992 | 126 |
Volatility
Volatility Chart
The current MFS Government Securities Fund volatility is 1.43%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.