MFS Lifetime 2045 Fund (LTMTX)
| Fund Assets | 543.69M |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.92 |
| Dividend Yield | 4.27% |
| Dividend Growth | 70.03% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 21.18 |
| YTD Return | 12.03% |
| 1-Year Return | 12.17% |
| 5-Year Return | 64.66% |
| 52-Week Low | 17.35 |
| 52-Week High | 21.51 |
| Beta (5Y) | n/a |
| Holdings | 28 |
| Inception Date | Nov 2, 2012 |
About LTMTX
MFS Lifetime 2045 Fund Class R3 is a target-date mutual fund designed to align with investors planning to retire around the year 2045. This fund primarily aims to achieve a high level of total return by dynamically adjusting its asset allocation over time—initially emphasizing growth through higher exposure to equities, and gradually adopting a more conservative mix as the target retirement date approaches. It invests substantially all of its assets in other mutual funds managed by MFS, providing investors with a single diversified solution that spans multiple sectors, including information technology, financials, industrials, health care, and consumer discretionary. The fund benefits from disciplined, active risk management, and its portfolio is rebalanced regularly to maintain the intended glide path as the target date draws nearer. By design, this structure offers convenience for long-term savers by reducing the need for hands-on portfolio adjustments, reflecting shifts in both risk tolerance and income needs over an investor's lifecycle. MFS Lifetime 2045 Fund Class R3 has been available since 2012 and serves a key role in retirement planning strategies, especially for those seeking a managed approach to achieving retirement goals.
Performance
LTMTX had a total return of 12.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.63%.
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 | $0.91587 | Dec 27, 2024 |
| Dec 27, 2023 | $0.53865 | Dec 28, 2023 |
| Dec 28, 2022 | $0.98155 | Dec 29, 2022 |
| Dec 28, 2021 | $1.62255 | Dec 29, 2021 |
| Dec 29, 2020 | $0.40302 | Dec 30, 2020 |
| Dec 26, 2019 | $0.61197 | Dec 26, 2019 |