MFS Lifetime 2045 Fund (LTMLX)
| Fund Assets | 543.69M |
| Expense Ratio | 0.43% |
| Min. Investment | $1,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 1.00 |
| Dividend Yield | 4.60% |
| Dividend Growth | 65.69% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 21.62 |
| YTD Return | 12.16% |
| 1-Year Return | 12.42% |
| 5-Year Return | 67.75% |
| 52-Week Low | 17.48 |
| 52-Week High | 21.71 |
| Beta (5Y) | n/a |
| Holdings | 28 |
| Inception Date | Aug 29, 2016 |
About LTMLX
MFS Lifetime 2045 Fund is a target-date mutual fund designed to provide investors a diversified investment solution aligned with an anticipated retirement year around 2045. The fund’s primary purpose is to seek a high level of total return, balancing growth and income through strategic asset allocation that evolves as the target date approaches. Its structure leverages a mix of underlying MFS funds spanning equities, fixed income, and other asset classes, aiming to foster long-term growth in the early years and gradually reduce portfolio risk by increasing allocations to more conservative assets as the 2045 retirement date nears. This fund employs disciplined, active risk management and automatically rebalances its holdings to maintain its intended risk profile over time. It offers broad exposure to various sectors, including financials, information technology, industrials, health care, and consumer discretionary, reflecting its commitment to broad market participation and diversification. The MFS Lifetime 2045 Fund plays a significant role in retirement planning by offering a professionally managed, all-in-one investment vehicle that adjusts to the changing risk tolerance typically associated with aging investors, making it suitable as a core holding in long-term retirement portfolios.
Performance
LTMLX had a total return of 12.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.76%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
59.56% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Blended Research Intl Eq R6 | BRXVX | 10.14% |
| MFS Blended Research Mid Cap Eq R6 | BMSYX | 9.64% |
| MFS Blended Research Value Equity R6 | BRUNX | 5.31% |
| MFS Value R6 | MEIKX | 5.26% |
| MFS Growth R6 | MFEKX | 5.05% |
| MFS Blended Research Growth Eq R6 | BRWVX | 5.05% |
| MFS Mid Cap Growth R6 | OTCKX | 4.88% |
| MFS Mid Cap Value R6 | MVCKX | 4.78% |
| MFS Blended Research Core Equity R6 | MUEVX | 4.73% |
| MFS Research R6 | MFRKX | 4.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.99786 | Dec 27, 2024 |
| Dec 27, 2023 | $0.60226 | Dec 28, 2023 |
| Dec 28, 2022 | $1.0505 | Dec 29, 2022 |
| Dec 28, 2021 | $1.70077 | Dec 29, 2021 |
| Dec 29, 2020 | $0.46247 | Dec 30, 2020 |
| Dec 26, 2019 | $0.66374 | Dec 26, 2019 |