MFS Lifetime 2040 Fund Class B (MLFBX)
| Fund Assets | 844.46M |
| Expense Ratio | 1.56% |
| Min. Investment | $1,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 1.27 |
| Dividend Yield | 5.90% |
| Dividend Growth | 58.29% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 21.43 |
| YTD Return | 3.76% |
| 1-Year Return | 14.63% |
| 5-Year Return | 42.35% |
| 52-Week Low | 16.55 |
| 52-Week High | 21.66 |
| Beta (5Y) | n/a |
| Holdings | 29 |
| Inception Date | Sep 29, 2005 |
About MLFBX
MFS Lifetime 2040 Fund Class B is a target-date mutual fund designed to help investors plan for retirement around the year 2040. Its primary function is to seek a high level of total return by employing a dynamic asset allocation strategy that evolves over time: early in the investment lifecycle, the fund prioritizes growth through a higher allocation to equities, then progressively shifts towards more conservative investments such as bonds as the target date approaches, aiming to mitigate risk for investors nearing retirement. The fund invests in a professionally managed, diversified portfolio comprised of other underlying MFS funds, utilizing disciplined, active risk management and quantitative research to optimize asset allocation decisions. As part of the Morningstar Target-Date 2040 category, it serves as a comprehensive solution for long-term retirement planning, rebalancing automatically over time to reflect the changing risk profile needs of investors. With net assets above $820 million as of late 2025, the fund plays a significant role in the retirement investment landscape by offering a one-stop, professionally managed portfolio aligned with future retirement goals.
Performance
MLFBX had a total return of 14.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.39%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTFFX | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class M | 1.24% |
| FCFFX | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class C | 1.74% |
| FAFFX | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class A | 0.99% |
| FIJPX | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class Z | 0.64% |
| FIFFX | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class I | 0.74% |
Top 10 Holdings
55.12% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Blended Research Mid Cap Equity Fund R6 | BMSYX | 8.85% |
| MFS Blended Research International Equity Fund Class R6 | BRXVX | 8.61% |
| MFS Inflation-Adjusted Bond Fund Class R6 | MIAKX | 5.10% |
| MFS Value Fund Class R6 | MEIKX | 4.94% |
| MFS Blended Research Value Equity Fund Class R6 | BRUNX | 4.94% |
| MFS Research Fund Class R6 | MFRKX | 4.57% |
| MFS Blended Research Core Equity Fund Class R6 | MUEVX | 4.56% |
| MFS Growth Fund Class R6 | MFEKX | 4.56% |
| MFS Blended Research Growth Equity Fund Class R6 | BRWVX | 4.55% |
| MFS Mid Cap Value Fund Class R6 | MVCKX | 4.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $1.27069 | Dec 24, 2025 |
| Dec 26, 2024 | $0.80275 | Dec 27, 2024 |
| Dec 27, 2023 | $0.42495 | Dec 28, 2023 |
| Dec 28, 2022 | $0.86335 | Dec 29, 2022 |
| Dec 28, 2021 | $1.58083 | Dec 29, 2021 |
| Dec 29, 2020 | $0.36897 | Dec 30, 2020 |