MFS Lifetime 2055 Fund (LFIIX)
| Fund Assets | 426.32M |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.91 |
| Dividend Yield | 4.05% |
| Dividend Growth | 38.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 22.50 |
| YTD Return | 12.81% |
| 1-Year Return | 16.44% |
| 5-Year Return | 70.68% |
| 52-Week Low | 17.96 |
| 52-Week High | 22.65 |
| Beta (5Y) | n/a |
| Holdings | 24 |
| Inception Date | Nov 2, 2012 |
About LFIIX
MFS Lifetime 2055 Fund Class I is a target-date mutual fund designed to support investors planning to retire around the year 2055. Its primary objective is to achieve a high level of total return consistent with an evolving asset allocation strategy that shifts over time. In the fund’s early years, the focus is on capital growth through a higher allocation to equities, while as the target retirement date approaches, the portfolio gradually becomes more conservative by increasing exposure to fixed income and other risk-mitigating assets. The investment process involves a disciplined, actively managed approach, with underlying holdings diversified across multiple asset classes and sectors. This strategy seeks to balance growth and risk by rebalancing and adjusting allocations as market conditions and the investor’s retirement timeline evolve. The fund leverages exposure to various MFS-managed underlying funds, offering built-in diversification in a single investment vehicle. Its performance is benchmarked against the Standard & Poor’s 500 Stock Index, with sector allocations reflecting broad representation across industries such as information technology, financials, industrials, and health care. Established in 2012, MFS Lifetime 2055 Fund Class I serves as a convenient and professionally managed solution for long-term retirement planning, transitioning from a growth-oriented to an income-focused strategy as investors near retirement age.
Performance
LFIIX had a total return of 16.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.91%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
62.65% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Blended Research Intl Eq R6 | BRXVX | 11.19% |
| MFS Blended Research Mid Cap Eq R6 | BMSYX | 10.05% |
| MFS Blended Research Value Equity R6 | BRUNX | 5.51% |
| MFS Value R6 | MEIKX | 5.46% |
| MFS Blended Research Growth Eq R6 | BRWVX | 5.31% |
| MFS Growth R6 | MFEKX | 5.25% |
| MFS Mid Cap Growth R6 | OTCKX | 5.05% |
| MFS Mid Cap Value R6 | MVCKX | 5.02% |
| MFS Commodity Strategy Fund | MCSRX | 4.92% |
| MFS Global Real Estate R6 | MGLRX | 4.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.91231 | Dec 27, 2024 |
| Dec 27, 2023 | $0.65725 | Dec 28, 2023 |
| Dec 28, 2022 | $1.04017 | Dec 29, 2022 |
| Dec 28, 2021 | $1.6651 | Dec 29, 2021 |
| Dec 29, 2020 | $0.4291 | Dec 30, 2020 |
| Dec 26, 2019 | $0.6349 | Dec 26, 2019 |