MFS Lifetime 2060 I (MFJIX)
| Fund Assets | 239.28M |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.66 |
| Dividend Yield | 3.63% |
| Dividend Growth | 39.34% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 18.02 |
| YTD Return | 12.54% |
| 1-Year Return | 12.71% |
| 5-Year Return | 67.91% |
| 52-Week Low | 14.61 |
| 52-Week High | 18.31 |
| 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 12.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.74%.
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 | $0.66345 | 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 |
| Dec 26, 2019 | $0.36148 | Dec 26, 2019 |