MFS Lifetime 2060 Fund Class I (MFJIX)
| Fund Assets | 256.21M |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 1.14 |
| Dividend Yield | 6.16% |
| Dividend Growth | 72.35% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 18.49 |
| YTD Return | 4.56% |
| 1-Year Return | 17.20% |
| 5-Year Return | 54.36% |
| 52-Week Low | 13.73 |
| 52-Week High | 18.72 |
| Beta (5Y) | n/a |
| Holdings | 24 |
| Inception Date | Dec 6, 2016 |
About MFJIX
MFS Lifetime 2060 Fund Class I is a target-date mutual fund designed to deliver a high level of total return through an evolving asset mix aligned with an anticipated retirement around 2060. The fund primarily invests in a diversified suite of underlying MFS mutual funds, providing broad exposure to global equities, fixed income, real estate, and commodities within a professionally managed, regularly rebalanced portfolio. Its glide path emphasizes growth-oriented assets in the early years and systematically reduces equity risk as the target date approaches, seeking to balance capital appreciation with rising income needs over time. Portfolio allocation and fund selection are overseen by MFS’s investment team, leveraging active management and quantitative inputs across the underlying strategies. The fund’s structure aims to offer a convenient, single-fund solution for long-horizon retirement savers, with asset allocation changes intended to mitigate sequence and market risks as investors near retirement. Founded in 2016 as part of the MFS Lifetime series, it tracks progress against widely followed benchmarks while maintaining multi-asset diversification through MFS’s established lineup.
Performance
MFJIX had a total return of 17.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.55%.
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
62.31% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Blended Research International Equity Fund Class R6 | BRXVX | 11.25% |
| MFS Blended Research Mid Cap Equity Fund R6 | BMSYX | 9.95% |
| MFS Value Fund Class R6 | MEIKX | 5.49% |
| MFS Blended Research Value Equity Fund Class R6 | BRUNX | 5.49% |
| MFS Growth Fund Class R6 | MFEKX | 5.11% |
| MFS Blended Research Growth Equity Fund Class R6 | BRWVX | 5.10% |
| MFS Global Real Estate Fund Class R6 | MGLRX | 5.02% |
| MFS Mid Cap Value Fund Class R6 | MVCKX | 4.98% |
| MFS Commodity Strategy Fund Class R6 | MCSRX | 4.97% |
| MFS Mid Cap Growth Fund Class R6 | OTCKX | 4.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $1.14348 | Dec 24, 2025 |
| Dec 26, 2024 | $0.66345 | Dec 27, 2024 |
| Dec 27, 2023 | $0.47613 | Dec 28, 2023 |
| Dec 28, 2022 | $0.70318 | Dec 29, 2022 |
| Dec 28, 2021 | $1.03319 | Dec 29, 2021 |
| Dec 29, 2020 | $0.25716 | Dec 30, 2020 |