MFGGX

About MFGGX

MFS Government Securities Fund R1 is an actively managed mutual fund that primarily invests in U.S. government and agency securities. Its main objective is to achieve a total return, with a particular emphasis on current income while also considering capital appreciation. The fund utilizes a sector rotation strategy, allocating assets across various U.S. government entities, agencies, and instrumentalities based on macroeconomic indicators, valuation factors, and broader market conditions. The portfolio is primarily composed of intermediate-term government bonds, aligning it with the intermediate government bond category, where at least 90% of holdings are backed by the U.S. government or related agencies. MFS Government Securities Fund R1 serves investors seeking stable fixed-income exposure with a focus on high credit quality, offering potential diversification benefits and acting as a conservative component within broader investment portfolios. The fund is benchmarked against the Bloomberg U.S. Government/Mortgage Bond Index, reflecting its market segment's performance among government and mortgage-backed securities.