Morningstar

MFS Government Securities Fund Class R3 MFGHX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 8.19  /  −0.24 %
  • Total Assets 1.9B
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.73%
  • Effective Duration 5.80 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 1:34 AM GMT+0

Morningstar’s Analysis MFGHX

Will MFGHX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MFGHX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MFGHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MFGHX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid approach but a small team.

Principal Shannon Kirwin

Shannon Kirwin

Principal

Summary

MFS Government Securities, also sold in the cross-border market as MFS Meridian US Government Bond, boasts a solid investment approach to the US Treasury and agency mortgage market, though its team is leaner than many rivals’.

by Shannon Kirwin
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Portfolio Holdings MFGHX

More MFGHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 77.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 26

32.38 620M
Government

5 Year Treasury Note Future Dec 26

14.68 281M
Government

10 Year Treasury Note Future Dec 26

12.92 248M
Government

Currency Cash CASH_USD

6.57 126M
Cash and Equivalents

United States Treasury Bonds 2.5%

3.46 66M
Government

United States Treasury Notes 3.63%

3.44 66M
Government

United States Treasury Notes 2.75%

2.77 53M
Government

Ultra US Treasury Bond Future Dec 26

1.98 38M
Government

United States Treasury Notes 4.13%

1.94 37M
Government

United States Treasury Notes 1.63%

1.93 37M
Government

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