MFS Lifetime 2040 Fund Class C (MLFCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
21.77
-0.09 (-0.41%)
At close: Jul 8, 2026
Fund Assets844.46M
Expense Ratio1.56%
Min. Investment$1,000
Turnover13.00%
Dividend (ttm)1.39
Dividend Yield6.33%
Dividend Growth65.01%
Payout FrequencyAnnual
Ex-Dividend DateDec 23, 2025
Previous Close21.86
YTD Return8.70%
1-Year Return13.91%
5-Year Return39.72%
52-Week Low19.56
52-Week High21.99
Beta (5Y)0.86
Holdings29
Inception DateSep 29, 2005

About MLFCX

MFS Lifetime 2040 Fund Class C is a target-date mutual fund designed to help investors accumulate assets for retirement, with a time horizon extending to the year 2040. The fund’s primary function is to provide a diversified portfolio that automatically adjusts its allocation over time, gradually shifting from a growth-oriented mix to a more conservative one as the target retirement date approaches. It invests across multiple asset classes, including domestic and international equities, fixed income securities, and cash equivalents, aiming to manage both growth potential and risk throughout the life cycle of the investment. This fund serves individuals planning for retirement around 2040, offering a single investment solution where professional portfolio managers periodically rebalance assets to correspond with the evolving risk profile of investors approaching retirement. MFS Lifetime 2040 Fund Class C plays a significant role in the financial market by facilitating long-term retirement planning through professionally managed and dynamically adjusted investments, catering specifically to those seeking a streamlined path toward their retirement goals.

Fund Family MFS
Category Target-Date 2040
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MLFCX
Share Class C
Index S&P 500 TR

Performance

MLFCX had a total return of 13.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.07%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FTFFXFidelityFidelity Advisor Freedom 2040 M1.16%
FCFFXFidelityFidelity Advisor Freedom 2040 Fund1.66%
FAFFXFidelityFidelity Advisor Freedom 2040 A0.91%
FIJPXFidelityFidelity Advisor Freedom 2040 Z0.62%
FIFFXFidelityFidelity Advisor Freedom 2040 I0.66%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MLFKXR60.42%
MLFJXR40.56%
MLFIXI0.56%
MLFHXR30.81%

Top 10 Holdings

55.07% of assets
NameSymbolWeight
MFS Blended Research Mid Cap Eq R6BMSYX8.90%
MFS Blended Research Intl Eq R6BRXVX8.59%
MFS Inflation-Adjusted Bond R6MIAKX5.07%
MFS Blended Research Value Equity R6BRUNX4.92%
MFS Value R6MEIKX4.81%
MFS Blended Research Growth Eq R6BRWVX4.63%
MFS Growth R6MFEKX4.58%
MFS Blended Research Core Equity R6MUEVX4.57%
MFS Research R6MFRKX4.55%
MFS Mid Cap Growth R6OTCKX4.45%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 23, 2025$1.39109Dec 24, 2025
Dec 26, 2024$0.84303Dec 27, 2024
Dec 27, 2023$0.47107Dec 28, 2023
Dec 28, 2022$0.88878Dec 29, 2022
Dec 28, 2021$1.6037Dec 29, 2021
Dec 29, 2020$0.35312Dec 30, 2020
Full Dividend History