MFS Lifetime 2040 Fund Class R2 (MLFGX)
| Fund Assets | 844.46M |
| Expense Ratio | 1.06% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 1.51 |
| Dividend Yield | 7.09% |
| Dividend Growth | 58.79% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 21.13 |
| YTD Return | 3.82% |
| 1-Year Return | 15.21% |
| 5-Year Return | 45.98% |
| 52-Week Low | 16.25 |
| 52-Week High | 21.36 |
| Beta (5Y) | n/a |
| Holdings | 29 |
| Inception Date | Sep 29, 2005 |
About MLFGX
MFS Lifetime 2040 Fund Class R2 is a target-date mutual fund designed to help investors prepare for retirement with an approximate retirement year of 2040. The fund’s primary function is to deliver a high total return consistent with a carefully managed asset allocation that automatically changes as the target date approaches. Early in its lifecycle, the fund pursues asset growth by maintaining a higher exposure to equities and growth-oriented investments. As 2040 nears, it progressively shifts towards a greater allocation in fixed income and more conservative assets, aiming to mitigate risk and provide increased income potential in retirement. The fund achieves diversification by investing in a suite of underlying MFS funds across both domestic and international equities, fixed income, and other asset classes. It is actively managed using disciplined risk management and a glide path that becomes more conservative over time. The MFS Lifetime 2040 Fund Class R2 plays a prominent role for investors seeking a professionally managed, all-in-one retirement solution, and is often utilized in employer-sponsored retirement plans. Its benchmark is the S&P 500 Index, providing context for its performance relative to the broad U.S. equity market. The fund, established in 2005, has accumulated substantial assets and offers regular rebalancing and convenient access to a diversified portfolio tailored to retirement goals.
Performance
MLFGX had a total return of 15.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.55%.
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 | $1.50547 | Dec 24, 2025 |
| Dec 26, 2024 | $0.9481 | Dec 27, 2024 |
| Dec 27, 2023 | $0.55585 | Dec 28, 2023 |
| Dec 28, 2022 | $0.97185 | Dec 29, 2022 |
| Dec 28, 2021 | $1.70361 | Dec 29, 2021 |
| Dec 29, 2020 | $0.46635 | Dec 30, 2020 |