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NYSE: MGF
Aberdeen Government Markets Income Fund (MGF) stock, explained like you're 5
Aberdeen Government Markets Income Fund trades on the New York Stock Exchange under the ticker MGF. It is a small cap company in the trusts except educational religious and charitable industry, part of the financial services sector, with a market value of about 445 million dollars.
- Ticker
- MGF
- Exchange
- New York Stock Exchange
- Sector
- Financial Services
- Industry
- Trusts Except Educational Religious and Charitable
- Size
- Small cap, about 445 million dollars
Is Aberdeen Government Markets Income Fund a small, medium or large cap company?
No. Aberdeen Government Markets Income Fund is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 445 million dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Aberdeen Government Markets Income Fund makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves MGF stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Five shares are expected to become one; the fund's annual payout rate stays at 7.25%. (Stock Titan)
- Mfs Govt Mkts (NYSE:MGF) Shares Shorted: Short Interest Up 161.0% in September (MarketBeat)
- MFS Government Markets Income Trust Announces Change in Investment Adviser and Name Change to Aberdeen Government Markets Income Fund (MGF) (Yahoo Finance)
- Aberdeen Government Markets Income Fund approves 1 for 5 reverse stock split to boost share price. (Pluang)
- [Form 4] ABERDEEN GOVERNMENT MARKETS INCOME FUND Insider Trading Activity (Stock Titan)
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Questions about Aberdeen Government Markets Income Fund stock
What does Aberdeen Government Markets Income Fund do?
Aberdeen Government Markets Income Fund trades on the New York Stock Exchange under the ticker MGF. It is a small cap company in the trusts except educational religious and charitable industry, part of the financial services sector, with a market value of about 445 million dollars.
What is the ticker symbol for Aberdeen Government Markets Income Fund?
Aberdeen Government Markets Income Fund trades under the ticker MGF on the New York Stock Exchange.
What is Aberdeen Government Markets Income Fund's market cap?
Aberdeen Government Markets Income Fund is a small cap stock with a market cap of about 445 million dollars.
How does Aberdeen Government Markets Income Fund make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves MGF stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow MGF stock every day?
Add MGF to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.