MGF (Aberdeen Government Marketsome Fund) Return-on-Tangible-Equity: 8.72% (As of Nov. 2025) — 561% Above Median


MGF Aberdeen Government Markets Income Fund MGF
26 GF Score
Price $2.87
! 3 Warning Signs
View Full Analysis

What is Aberdeen Government Marketsome Fund Return-on-Tangible-Equity?

Aberdeen Government Marketsome Fund MGF +0.70% 26 Return-on-Tangible-Equity is 8.72% as of Nov. 2025, which is 561% above its 10-year median of 1.32. GuruFocus rates MGF with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 1,588 Asset Management companies, Aberdeen Government Marketsome Fund ranks worse than 57.68% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Aberdeen Government Marketsome Fund's annualized net income for the quarter that ended in Nov. 2025 was $9.03 Mil. Aberdeen Government Marketsome Fund's average shareholder tangible equity for the quarter that ended in Nov. 2025 was $103.56 Mil. Therefore, Aberdeen Government Marketsome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2025 was 8.72%.

The historical rank and industry rank for Aberdeen Government Marketsome Fund's Return-on-Tangible-Equity or its related term are showing as below:

MGF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.53   Med: 1.32   Max: 9.47
Current: 5.09

During the past 8 years, Aberdeen Government Marketsome Fund's highest Return-on-Tangible-Equity was 9.47%. The lowest was -13.53%. And the median was 1.32%.

MGF's Return-on-Tangible-Equity is ranked worse than
57.68% of 1588 companies
in the Asset Management industry
Industry Median: 7.205 vs MGF: 5.09

Aberdeen Government Marketsome Fund  (NYSE:MGF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Aberdeen Government Marketsome Fund Return-on-Tangible-Equity Related Terms


Aberdeen Government Marketsome Fund Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Aberdeen Government Marketsome Fund's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aberdeen Government Marketsome Fund Return-on-Tangible-Equity Chart

Aberdeen Government Marketsome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 7.26 -1.40 -13.53 0.44 6.04

Aberdeen Government Marketsome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.19 3.95 8.22 1.52 8.72

MGF vs GDL, GCV, RGT: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Aberdeen Government Marketsome Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aberdeen Government Marketsome Fund Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Government Marketsome Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aberdeen Government Marketsome Fund's Return-on-Tangible-Equity falls into.


MGF
26GF Score
Aberdeen Government Markets Income Fund MGF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aberdeen Government Marketsome Fund Return-on-Tangible-Equity Calculation

Aberdeen Government Marketsome Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=6.459/( (107.535+106.176 )/ 2 )
=6.459/106.8555
=6.04 %

Aberdeen Government Marketsome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2025 )  (Q: May. 2025 )(Q: Nov. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2025 )  (Q: May. 2025 )(Q: Nov. 2025 )
=9.032/( (103.183+103.94)/ 2 )
=9.032/103.5615
=8.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Nov. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 8.72% mean?
Aberdeen Government Marketsome Fund (MGF) has a Return-on-Tangible-Equity of 8.72% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aberdeen Government Marketsome Fund and its competitors. This is 561% above median its historical median of 1.32. According to the industry distribution chart, Aberdeen Government Marketsome Fund ranks #916 out of 1588 companies in the Asset Management industry, placing it in the top 57.7%.
Is Aberdeen Government Marketsome Fund's Return-on-Tangible-Equity too high?
Aberdeen Government Marketsome Fund's current Return-on-Tangible-Equity of 8.72% is 561% above median its 10-year median of 1.32. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Aberdeen Government Marketsome Fund's value of 8.72% is 21% above this industry median. Based on the distribution chart, Aberdeen Government Marketsome Fund ranks #916 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, Aberdeen Government Marketsome Fund has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Aberdeen Government Marketsome Fund's Return-on-Tangible-Equity compare to GDL and GCV?
According to the Asset Management industry distribution chart, Aberdeen Government Marketsome Fund ranks #916 out of 1588 companies for Return-on-Tangible-Equity. This places Aberdeen Government Marketsome Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Aberdeen Government Marketsome Fund's value of 8.72% is 21% above this benchmark. While the company's 10-year median is 1.32 vs. the industry median of 7.21, Aberdeen Government Marketsome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aberdeen Government Marketsome Fund's current Return-on-Tangible-Equity of 8.72% is 21% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aberdeen Government Marketsome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberdeen Government Marketsome Fund's current Return-on-Tangible-Equity is 8.72%, which is 561% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen Government Marketsome Fund stock overvalued right now?
Aberdeen Government Marketsome Fund (MGF) has a current Return-on-Tangible-Equity of 8.72%. The current Return-on-Tangible-Equity is 8.72%, which is 561% above median its 10-year median of 1.32 and 21% above the Asset Management industry median of 7.21. Aberdeen Government Marketsome Fund's overall GF Score™ is 26/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Aberdeen Government Marketsome Fund (MGF), the current Return-on-Tangible-Equity is 8.72% as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aberdeen Government Marketsome Fund Business Description

Address 111 Huntington Avenue, Boston, MA, USA, 02199
MFS Government Markets Income Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to seek high current income. The fund invests a majority of the net assets, including borrowings for investment purposes, in U.S. and foreign government securities. The company invest various sectors like U.S. Treasury Securities, Mortgage-Backed Securities, Investment Grade Corporates, Municipal Bonds, Non-U.S. Government Bonds, etc, out of which maximum revenue is gained from U.S. Treasury Securities.
26GF Score

Get the complete analysis for MGF

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.87
Price