MFS Lifetime 2060 Fund Class R1 (MFJEX)
| Fund Assets | 256.21M |
| Expense Ratio | 1.58% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 1.10 |
| Dividend Yield | 6.16% |
| Dividend Growth | 76.62% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 17.82 |
| YTD Return | 0.51% |
| 1-Year Return | 16.19% |
| 5-Year Return | 43.55% |
| 52-Week Low | 14.57 |
| 52-Week High | 18.92 |
| Beta (5Y) | n/a |
| Holdings | 24 |
| Inception Date | Dec 6, 2016 |
About MFJEX
MFS Lifetime 2060 Fund Class R1 is a target-date mutual fund designed for investors planning to retire around 2060. It seeks a high level of total return in the fund’s early and middle years, then shifts to emphasize a blend of current income and capital appreciation as the target date approaches, following a progressively more conservative glide path. The fund invests primarily in a diversified mix of underlying MFS mutual funds, providing broad exposure across equities, fixed income, real estate, and commodities through a professionally managed, regularly rebalanced allocation. Asset allocation and risk management are overseen by a team of quantitative investment professionals, who apply multi-factor research to set and adjust weights among the underlying strategies. Within its equity sleeve, exposures span major sectors such as information technology, financials, industrials, and health care, reflecting a global, multi-cap approach. As a series component in the target-date category, it serves as a turnkey, single-fund solution that evolves with an investor’s retirement timeline, aiming to balance growth potential with risk mitigation over decades.
Performance
MFJEX had a total return of 16.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.68%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDKTX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class M | 1.26% |
| FNGLX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class K6 | 0.46% |
| FDKQX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class I | 0.76% |
| FDKSX | Fidelity | Fidelity Advisor Freedom 2060 Fund - Class C | 1.76% |
| FWLSX | Fidelity | Fidelity Flex Freedom Blend 2060 Fund | 0.01% |
Top 10 Holdings
62.26% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Blended Research International Equity Fund Class R6 | BRXVX | 11.36% |
| MFS Blended Research Mid Cap Equity Fund R6 | BMSYX | 9.83% |
| MFS Blended Research Value Equity Fund Class R6 | BRUNX | 5.52% |
| MFS Value Fund Class R6 | MEIKX | 5.50% |
| MFS Blended Research Growth Equity Fund Class R6 | BRWVX | 5.11% |
| MFS Growth Fund Class R6 | MFEKX | 5.08% |
| MFS Commodity Strategy Fund Class R6 | MCSRX | 5.03% |
| MFS Global Real Estate Fund Class R6 | MGLRX | 5.01% |
| MFS Mid Cap Value Fund Class R6 | MVCKX | 4.96% |
| MFS Mid Cap Growth Fund Class R6 | OTCKX | 4.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $1.09741 | Dec 24, 2025 |
| Dec 26, 2024 | $0.62134 | Dec 27, 2024 |
| Dec 27, 2023 | $0.43849 | Dec 28, 2023 |
| Dec 28, 2022 | $0.59126 | Dec 29, 2022 |
| Dec 28, 2021 | $0.86639 | Dec 29, 2021 |
| Dec 29, 2020 | $0.12869 | Dec 30, 2020 |