MFS Government Markets Income Trust Announces Change in Investment Adviser and Name Change to Aberdeen Government Markets Income Fund (MGF)

Rhea-AI Summary

MFS Government Markets Income Trust (NYSE: MGF) changed its investment adviser to abrdn after the NYSE close on July 2, 2026 and amended its declaration of trust to become Aberdeen Government Markets Income Fund. The ticker MGF and CUSIP 552939100 remain unchanged.

The prior board resigned and five new trustees elected June 18, 2026 took office. The fund’s investment objective and fundamental policies remain the same. Aberdeen’s Global Fixed Income team now manages the fund with a team-based approach.

News Market Reaction – MGF

-0.35%

-0.35% Session close to close

In the Jul 6 session, MGF declined 0.35%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The handoff of management to Aberdeen and concurrent board refresh mark a structural shift while lea...

Analysis

The handoff of management to Aberdeen and concurrent board refresh mark a structural shift while leaving the fund’s objective and policies intact. Investors must still weigh closed-end fund premium/discount dynamics and governance changes when assessing long-term appeal.

Key Figures

Effective date: July 2, 2026 New trustees: 5 trustees Ticker symbol: MGF +1 more

4 metrics

Effective date July 2, 2026 Date Aberdeen assumed management of the fund

New trustees 5 trustees Number of new trustees taking office with adviser change

Ticker symbol MGF Fund continues trading on NYSE under same ticker

CUSIP 552939100 Fund’s CUSIP remains unchanged after name change

Historical Context

2 past events · Latest: Jun 18 (Neutral)

Pattern 2 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 18	Adviser change timing	Neutral	+0.0%	Announced effective date for switch to Aberdeen and full board turnover.
May 01	Shareholder meeting call	Neutral	-0.5%	Called special meeting to approve Aberdeen as adviser and elect new trustees.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent adviser-transition headlines for this fund have produced limited share-price reaction around the announcement dates.

Key Terms

cusip, closed-end funds, net asset value (nav), dividend reinvestment plan

4 terms

cusip financial

"The Fund's ticker symbol and CUSIP are not changing"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

closed-end funds financial

"Important InformationShares of closed-end funds are listed for trading"

A closed-end fund is an investment pool that raises a fixed amount of money by issuing a set number of shares, which then trade on an exchange like stocks. Unlike bank-style mutual funds that buy or sell shares on demand, its market price can sit above or below the fund’s per-share value of holdings (like a used-car market price versus the sticker price), so investors should watch both the traded price and the underlying asset value for potential bargains or risks.

net asset value (nav) financial

"may be greater than (a "premium") or less than (a "discount") the fund's net asset value (NAV)."

Net asset value (NAV) is the per-share value of an investment fund calculated by totaling the fund’s assets, subtracting its liabilities, and dividing the remainder by the number of outstanding shares. Think of it like a price tag on each share of a collective piggy bank: investors use NAV to see what each share is worth, to compare funds, and, for many funds, it’s the price at which shares are bought or redeemed.

dividend reinvestment plan financial

"who participate in the fund's dividend reinvestment plan should be aware"

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PHILADELPHIA, July 2, 2026 /PRNewswire/ -- MFS Government Markets Income Trust (the "Fund") announces that abrdn Inc. ("Aberdeen") assumed responsibility for the Fund's management from MFS Investment Management effective after the close of business of the New York Stock Exchange ("NYSE") on July 2, 2026.

Simultaneous with the change in investment adviser, the Fund amended its declaration of trust to change its name to "Aberdeen Government Markets Income Fund." The Fund's ticker symbol and CUSIP are not changing and the Fund will continue to be listed on the NYSE under the trading symbol "MGF".

Prior Fund Name	New Fund Name	Ticker	CUSIP	Website
MFS Government Markets Income Trust	Aberdeen Government Markets Income Fund	MGF	552939100	Aberdeen Government Markets Income Fund (MGF)

The Fund's prior board of trustees resigned and five new trustees of the Fund, who were elected by shareholders on June 18, 2026, contingent upon Aberdeen's appointment as manager, took office. The new trustees are Todd Reit (Chair), Nancy Yao, C. William Maher, Gordon Baird, and Christian Pittard.

The Fund's investment objective and fundamental policies will not change as a result of the new management agreement.

Aberdeen's Global Fixed Income team will manage the Fund using a team-based approach. Bill Bellinzoni, Head of U.S. Fixed Income, Bill Hines, Investment Director for North American Fixed Income, Anthony Merola, Senior Investment Director, and Jonathan Mondillo, Global Head of Fixed Income, are the Fund's portfolio managers, being jointly and primarily responsible for day-to-day management.

Important Information

Shares of closed-end funds are listed for trading on national securities exchanges and are bought and sold in the secondary market. The market price of a fund's shares is determined by supply and demand and may be greater than (a "premium") or less than (a "discount") the fund's net asset value (NAV). A fund's investment return and principal value will fluctuate, and investors may receive more or less than their original investment upon the sale of shares. There is no assurance that a fund will achieve its investment objective. Past performance is not indicative of future results.

The trading price of a closed-end fund's shares may be influenced by various factors, including market conditions, investor sentiment, and other external forces, and is not directly controlled by the fund, its Board of Directors, or its investment adviser. As a result, shares may trade at a premium to or discount from NAV at any given time. A premium to NAV may not be sustained, and a discount to NAV may increase or decrease over time. Investors should consider these risks when purchasing or selling closed-end fund shares.

Shareholders whose fund shares trade at a premium to NAV and who participate in the fund's dividend reinvestment plan should be aware that distributions may be reinvested at prices above NAV, which may adversely affect investment results.

About Aberdeen Investments

Aberdeen Investments Global is the trade name of Aberdeen's investments business, herein referred to as "Aberdeen Investments" or "Aberdeen". In the United States, Aberdeen Investments refers to the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.

Aberdeen Investments is among the world's largest asset managers, with decades of experience overseeing closed-end funds dating back to the 1980s. Closed-end funds represent a core component of Aberdeen Investments' client franchise in both the U.S. and global markets. As of March 31, 2026, the firm had approximately $506 billion in assets under management, and Aberdeen and its affiliates managed 27 closed-end funds – 15 available in the U.S. and 12 outside the U.S. – totaling $25.6 billion in assets.

Aberdeen Government Markets Income Fund

View original content to download multimedia:https://www.prnewswire.com/news-releases/mfs-government-markets-income-trust-announces-change-in-investment-adviser-and-name-change-to-aberdeen-government-markets-income-fund-mgf-302817067.html

SOURCE Aberdeen Government Markets Income Fund

FAQ

What change in investment adviser was announced for Aberdeen Government Markets Income Fund (NYSE: MGF) on July 2, 2026?

The fund’s management moved from MFS Investment Management to abrdn Inc. effective after the NYSE close on July 2, 2026. According to the fund, Aberdeen’s Global Fixed Income team now oversees day-to-day portfolio management using a team-based approach.

Did the name and ticker of MGF change after the new adviser appointment in July 2026?

The fund’s name changed from MFS Government Markets Income Trust to Aberdeen Government Markets Income Fund, but the ticker remains MGF. According to the fund, the CUSIP 552939100 and NYSE listing are unchanged, limiting operational disruption for existing shareholders.

How did the board of trustees change for Aberdeen Government Markets Income Fund (MGF) in June 2026?

The prior board resigned and five new trustees, elected June 18, 2026, assumed their roles once Aberdeen became manager. According to the fund, the new trustees are Todd Reit (Chair), Nancy Yao, C. William Maher, Gordon Baird, and Christian Pittard.

Did the investment objective of Aberdeen Government Markets Income Fund (MGF) change with Aberdeen as adviser?

The investment objective and fundamental policies remain unchanged despite the new management agreement. According to the fund, Aberdeen’s Global Fixed Income team will implement these existing objectives while managing the portfolio through a collaborative, team-based fixed income process.

Who are the portfolio managers now leading Aberdeen Government Markets Income Fund (MGF)?

The fund lists Bill Bellinzoni, Bill Hines, Anthony Merola, and Jonathan Mondillo as portfolio managers jointly responsible for day-to-day management. According to the fund, they are senior members of Aberdeen’s Global Fixed Income organization covering U.S. and global fixed income.

What trading and NAV premium/discount risks are highlighted for Aberdeen Government Markets Income Fund (MGF)?

Shares trade on exchanges and may sell at a premium or discount to NAV based on supply, demand, and sentiment. According to the fund, premiums may not persist, discounts may widen or narrow, and dividend reinvestment at premiums can affect shareholder outcomes.