MFS Lifetime 2035 R3 (LFETX)
| Fund Assets | 652.71M |
| Expense Ratio | 0.79% |
| Min. Investment | $1,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.91 |
| Dividend Yield | 4.66% |
| Dividend Growth | 106.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 19.55 |
| YTD Return | 12.57% |
| 1-Year Return | 8.96% |
| 5-Year Return | 45.61% |
| 52-Week Low | 16.29 |
| 52-Week High | 19.68 |
| Beta (5Y) | 0.74 |
| Holdings | 29 |
| Inception Date | Nov 2, 2012 |
About LFETX
MFS Lifetime 2035 Fund Class R3 is a target-date mutual fund designed to help investors prepare for retirement around the year 2035. Its primary function is to provide a high level of total return by investing in a diversified mix of asset classes, including U.S. and international equities, bonds, and specialty funds. The fund achieves diversification and risk management by allocating its assets among underlying MFS mutual funds, with professional oversight ensuring the portfolio adapts over time. A distinguishing feature of this fund is its "glide path"—the asset allocation becomes progressively more conservative as the target retirement date approaches. Early on, the portfolio is more growth-oriented to capitalize on long-term appreciation, but as 2035 nears, the mix shifts to favor income and capital preservation. This automatic allocation adjustment aims to balance growth and risk for investors with retirement goals linked to the fund’s target date. MFS Lifetime 2035 Fund Class R3 plays a significant role in retirement planning, offering a convenient, one-stop approach for individuals seeking professional diversification and regular rebalancing in line with their anticipated retirement timing.
Performance
LFETX had a total return of 8.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.99%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
58.67% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Government Securities R6 | MFGKX | 9.33% |
| MFS Total Return Bond R6 | MRBKX | 8.39% |
| MFS Blended Research Mid Cap Eq R6 | BMSYX | 7.03% |
| MFS Inflation-Adjusted Bond R6 | MIAKX | 6.93% |
| MFS Blended Research Intl Eq R6 | BRXVX | 6.28% |
| MFS Global Opportunistic Bd R6 | MGBOX | 4.96% |
| MFS Blended Research Value Equity R6 | BRUNX | 4.05% |
| MFS Value R6 | MEIKX | 4.04% |
| MFS High Income R6 | MHIKX | 3.97% |
| MFS Blended Research Growth Eq R6 | BRWVX | 3.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.91068 | Dec 27, 2024 |
| Dec 27, 2023 | $0.44034 | Dec 28, 2023 |
| Dec 28, 2022 | $0.94076 | Dec 29, 2022 |
| Dec 28, 2021 | $1.43232 | Dec 29, 2021 |
| Dec 29, 2020 | $0.42612 | Dec 30, 2020 |
| Dec 26, 2019 | $0.59106 | Dec 26, 2019 |