MFS Lifetime 2060 A (MFJAX)
| Fund Assets | 239.28M |
| Expense Ratio | 0.83% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 3.25% |
| Dividend Growth | 40.41% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 18.08 |
| YTD Return | 11.84% |
| 1-Year Return | 11.88% |
| 5-Year Return | 64.96% |
| 52-Week Low | 14.47 |
| 52-Week High | 18.13 |
| Beta (5Y) | n/a |
| Holdings | 24 |
| Inception Date | Dec 6, 2016 |
About MFJAX
MFS Lifetime 2060 Fund Class A is a target-date mutual fund designed to deliver a high level of total return aligned with an investor’s approximate retirement year of 2060. It follows a progressive glide path that emphasizes asset growth in the early years and gradually shifts toward risk mitigation as the target date approaches, adjusting allocations over time. The fund invests primarily in a diversified mix of underlying MFS mutual funds across equities, fixed income, real assets, and commodities, offering professionally managed diversification and systematic rebalancing in a single vehicle. Its approach blends disciplined, active risk management with broad market exposure, using an internal suite of MFS strategies to build multi-asset coverage. The portfolio’s equity exposure dominates in the early decades, while fixed income and defensive assets gain prominence closer to retirement to temper volatility. Launched in 2016, the fund seeks total return both before and after its target date—transitioning post-2060 to a balance of current income and capital appreciation—positioning it as a long-horizon core holding within retirement-focused investment lineups.
Performance
MFJAX had a total return of 11.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.40%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
62.45% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Blended Research Intl Eq R6 | BRXVX | 11.19% |
| MFS Blended Research Mid Cap Eq R6 | BMSYX | 10.00% |
| MFS Blended Research Value Equity R6 | BRUNX | 5.51% |
| MFS Value R6 | MEIKX | 5.50% |
| MFS Growth R6 | MFEKX | 5.20% |
| MFS Blended Research Growth Eq R6 | BRWVX | 5.19% |
| MFS Mid Cap Growth R6 | OTCKX | 5.04% |
| MFS Mid Cap Value R6 | MVCKX | 4.98% |
| MFS Global Real Estate R6 | MGLRX | 4.96% |
| MFS Commodity Strategy Fund | MCSRX | 4.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.62327 | Dec 27, 2024 |
| Dec 27, 2023 | $0.44389 | Dec 28, 2023 |
| Dec 28, 2022 | $0.67382 | Dec 29, 2022 |
| Dec 28, 2021 | $1.00237 | Dec 29, 2021 |
| Dec 29, 2020 | $0.22891 | Dec 30, 2020 |
| Dec 26, 2019 | $0.3414 | Dec 26, 2019 |