Stock fact sheet · data as of
Aberdeen Government Markets Income Fund (MGF): fair value, margin of safety and Wheel Score
Financial Services · Asset Management - Income · United States · High Growth
Is MGF undervalued?
MGF closed at 13.46 on 16 Oct 2026, 23% below the GLS average fair value of 17.58 from 7 models (4 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 22 of the 25 Value points.
The 7 models disagree widely: DCF gives 3.25 while GLS Growth gives 37.03. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files MGF under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for MGF
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 3.25 | -76% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 14.75 | +10% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 36.11 | +168% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 15.78 | +17% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 37.03 | +175% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 9.13 | -32% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 7.02 | -48% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.7382 | -95% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: MGF passes 4 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 4.0 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are moderate - ROIC 5.1%, ROE 5.1%, ROA 5.0% - with debt at 0.00 times equity and negative free cash flow.
The dividend yield is high at 4.61% (payout ratio 0%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 7/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 5.1% |
|---|---|---|---|
| GLS Moat | 4.0 / 10 | ROE | 5.1% |
| Debt / equity | 0.00 | ROA | 5.0% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 7 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 39: No options
MGF has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 12k shares a day on a market cap of $88M, with a beta of 0.34 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 22 / 25 | 23% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 6 / 15 | moat 4.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 12k shares/day, $88M cap, beta 0.34 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for MGF in the nightly calendar. The shares go ex-dividend on 23 Oct 2026 (0.1000 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management - Income
The 12 companies below are the closest to Aberdeen Government Markets Income Fund by market cap within the Asset Management - Income industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| EVF Eaton Vance Senior Income Trust | 4.80 | 4.27 | -12% | 25No options | $87M |
| JLS Nuveen Mortgage and Income Fund | 16.21 | 40.83 | +60% | 39No options | $89M |
| BHBFX Madison Dividend Income Fd Cl Y | 27.23 | 44.31 | +39% | 39No options | $86M |
| ERH Allspring Utilities and High Income Fund | 10.38 | 49.60 | +79% | 39No options | $92M |
| PGP PIMCO Global StocksPLUS & Income Fund | 8.09 | 35.24 | +77% | 39No options | $94M |
| PCF High Income Securities Fund | 5.05 | 18.07 | +72% | 39No options | $95M |
| GCV The Gabelli Convertible and Income Securities Fund Inc. | 4.04 | 15.93 | +75% | 39No options | $81M |
| ASIEX American Century Multisector Income Fund;Inv | 8.61 | 10.05 | +14% | 39No options | $95M |
| DTF DTF Tax-Free Income 2028 Term Fund Inc. | 11.44 | 11.56 | +1% | 32No options | $80M |
| RFM RiverNorth Flexible Municipal Income Fund, Inc. | 12.82 | 24.06 | +47% | 31No options | $78M |
| IAE Voya Asia Pacific High Dividend Equity Income Fund | 7.01 | 65.30 | +89% | 35No options | $75M |
| NMT Nuveen Massachusetts Quality Municipal Income Fund | 10.12 | 23.61 | +57% | 39No options | $104M |
⚖ Compare MGF with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about MGF
Is MGF undervalued right now?
By the GLS models, moderately: at 13.46 the stock trades 23% below the average fair value of 17.58 (data as of 16 Oct 2026).
What is the Wheel Score of MGF and what does it mean?
MGF has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for MGF?
17.58 per share as of 16 Oct 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Aberdeen Government Markets Income Fund report earnings next?
No upcoming earnings date is recorded for MGF in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does MGF have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on MGF, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.