MFS Lifetime 2040 Fund Class A (MLFAX)
| Fund Assets | 648.36M |
| Expense Ratio | 0.81% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.00 |
| Dividend Yield | 4.92% |
| Dividend Growth | 64.23% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 20.04 |
| YTD Return | 3.32% |
| 1-Year Return | 9.88% |
| 5-Year Return | 93.73% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 28 |
| Inception Date | Sep 29, 2005 |
About MLFAX
The Fund's investment strategy focuses on Growth with 0.24% total expense ratio. The minimum amount to invest in MFS Series Trust XII: MFS Lifetime 2040 Fund; Class A Shares is $1,000 on a standard taxable account. MFS Series Trust XII: MFS Lifetime 2040 Fund; Class A Shares seeks a high level of total return consistent with its asset allocation until the year 2040; thereafter, the Fund will seek total return through a combination of current income and capital appreciation. MLFAX is a "fund of funds" and invests the majority of its assets in other MFS mutual funds.
Performance
MLFAX had a total return of 9.88% in the past year. Since the fund's inception, the average annual return has been 7.29%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| undefined | Fidelity | Fidelity Freedom Blend 2040 Fund - Class K6 | 0.29% |
| undefined | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class M | 1.24% |
| undefined | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class C | 1.74% |
| undefined | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class A | 0.99% |
| undefined | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class Z | 0.64% |
Top 10 Holdings
55.75% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Blended Research Mid Cap Equity Fund R6 | BMSYX | 9.04% |
| MFS Blended Research International Equity Fund Class R6 | BRXVX | 8.71% |
| MFS Blended Research Value Equity Fund Class R6 | BRUNX | 5.03% |
| MFS Value Fund Class R6 | MEIKX | 5.02% |
| MFS Inflation-Adjusted Bond Fund Class R6 | MIAKX | 4.84% |
| MFS Growth Fund Class R6 | MFEKX | 4.66% |
| MFS Blended Research Growth Equity Fund Class R6 | BRWVX | 4.65% |
| MFS Research Fund Class R6 | MFRKX | 4.62% |
| MFS Blended Research Core Equity Fund Class R6 | MUEVX | 4.62% |
| MFS Mid Cap Growth Fund Class R6 | OTCKX | 4.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $1.00081 | Dec 27, 2024 |
| Dec 27, 2023 | $0.60939 | Dec 28, 2023 |
| Dec 28, 2022 | $1.02098 | Dec 29, 2022 |
| Dec 28, 2021 | $1.76251 | Dec 29, 2021 |
| Dec 29, 2020 | $0.52739 | Dec 30, 2020 |
| Dec 26, 2019 | $0.95584 | Dec 26, 2019 |