MFS Lifetime 2050 Fund Class I (MFFIX)
| Fund Assets | 578.86M |
| Expense Ratio | 0.58% |
| Min. Investment | $0.00 |
| Turnover | 7.00% |
| Dividend (ttm) | 1.11 |
| Dividend Yield | 4.36% |
| Dividend Growth | 48.08% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 25.35 |
| YTD Return | 10.02% |
| 1-Year Return | 14.80% |
| 5-Year Return | 78.19% |
| 52-Week Low | 20.80 |
| 52-Week High | 25.49 |
| Beta (5Y) | n/a |
| Holdings | 24 |
| Inception Date | Sep 15, 2010 |
About MFFIX
MFS Lifetime 2050 Fund Class I is a target-date mutual fund designed primarily to support individuals planning for retirement around the year 2050. The fund’s central purpose is to provide a high level of total return through a dynamically managed asset allocation strategy that evolves as the target retirement year approaches. Early in its lifecycle, the fund emphasizes capital growth by investing more heavily in equities. As 2050 nears, the fund gradually shifts toward a more conservative mix, increasing allocations to fixed income and other lower-risk assets to help manage volatility and preserve capital. The fund features disciplined, active risk management and professional oversight by a team of quantitative investment professionals who adjust exposures across a diversified portfolio of underlying MFS funds. This approach aims to deliver broad market participation and disciplined rebalancing, offering investors convenient access to a comprehensive investment solution over their entire pre- and post-retirement periods. Notably, the fund’s holdings span multiple sectors and asset classes, reflecting a strategy tailored to balance growth and risk over time, and its performance is benchmarked against the Standard & Poor's 500 Stock Index for context within the broader U.S. equity market.
Performance
MFFIX had a total return of 14.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FRLPX | Fidelity | Fidelity Freedom Index 2050 Premier | 0.05% |
| FIJRX | Fidelity | Fidelity Advisor Freedom 2050 Fund - Class Z | 0.65% |
| FHXEX | Fidelity | Fidelity Advisor Freedom Blend 2050 Fund - Class C | 1.50% |
| FYLSX | Fidelity | Fidelity Flex Freedom Blend 2050 Fund | 0.01% |
| FHJKX | Fidelity | Fidelity Advisor Freedom Blend 2050 Fund - Class A | 0.75% |
Top 10 Holdings
62.47% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Blended Research International Equity Fund Class R6 | BRXVX | 11.22% |
| MFS Blended Research Mid Cap Equity Fund R6 | BMSYX | 10.07% |
| MFS Blended Research Value Equity Fund Class R6 | BRUNX | 5.47% |
| MFS Value Fund Class R6 | MEIKX | 5.45% |
| MFS Blended Research Growth Equity Fund Class R6 | BRWVX | 5.27% |
| MFS Growth Fund Class R6 | MFEKX | 5.24% |
| MFS Mid Cap Growth Fund Class R6 | OTCKX | 5.05% |
| MFS Global Real Estate Fund Class R6 | MGLRX | 4.98% |
| MFS Mid Cap Value Fund Class R6 | MVCKX | 4.98% |
| MFS Commodity Strategy Fund Class R6 | MCSRX | 4.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $1.11236 | Dec 27, 2024 |
| Dec 27, 2023 | $0.75118 | Dec 28, 2023 |
| Dec 28, 2022 | $1.21175 | Dec 29, 2022 |
| Dec 28, 2021 | $2.17075 | Dec 29, 2021 |
| Dec 29, 2020 | $0.51299 | Dec 30, 2020 |
| Dec 26, 2019 | $0.85182 | Dec 26, 2019 |