MGF vs MHF

MFS Government Markets Income T vs Western Asset Municipal High In — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — MGF scores higher on quality with 1.8/10 vs MHF's 1.7/10. MGF trades at $2.84 while MHF trades at $6.95. Both analyzed daily using SEC EDGAR data across 13 institutional models.

MGF

Asset Management
MFS Government Markets Income T
Quality
1.8
out of 10
Value Trap
Price
$2.84
Last close
Models
8/13
Active
VS

MHF

Asset Management
Western Asset Municipal High In
Quality
1.7
out of 10
Value Trap
Price
$6.95
Last close
Models
9/13
Active
MGF
2 models active
Quality 1.8/10 — below average
MHF
2 models active
Quality 1.7/10 — below average

MGF vs MHF — Fair Value Comparison

MGF
$0$1$2$3 Price$2.84 Bayesian …$0.74 (-74.0%) Markov DDM$2.44 (-16.6%)
MHF
$0$3$5$8 Price$6.95 Bayesian …$1.81 (-74.0%) Markov DDM$4.34 (-36.6%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType MGF Fair ValueMGF Upside MHF Fair ValueMHF Upside
Bayesian DCF Intrinsic $0.74 -74.0% $1.81 -74.0%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $2.44 -16.6% $4.34 -36.6%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%

MGF vs MHF — Which Stock Is More Undervalued in 2026?

MGF scores higher with a 1.8/10 quality rating vs MHF's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do MGF and MHF Valuations Compare?

At $2.84, MGF trades +74.0% above its Bayesian DCF fair value of $0.74, while MHF at $6.95 trades +74.0% above its estimate of $1.81. MHF shows a wider gap between price and intrinsic value.

Quality of Company: MGF vs MHF

MGF earns a Quality of Company score of 1.8/10 compared to MHF's 1.7/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: MGF vs MHF

Review the value trap analysis for both MGF and MHF to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Asset Management

Both MGF and MHF operate in Asset Management, which has 448 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

2 of 13 MODELS UNLOCKED

You’re comparing 2 models. 11 more have an opinion.

11 hidden models compare MGF vs MHF differently — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more. Some may disagree with the 2 you see above.

11 additional fair values per stock Full confidence breakdown Live terminal — 5,000+ stocks

Bloomberg Terminal: ~$2,000/mo  ·  FactSet: ~$1,000/mo  ·  CirclFi: $0.90/day

See All 13 Models — $0.90/day

We don’t predict prices. We show you what 13 independent mathematical frameworks say a stock is worth — and let you decide.

See all Asset Management stocks →