MFS Lifetime 2040 R3 (MLFHX)
| Fund Assets | 844.46M |
| Expense Ratio | 0.81% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 1.00 |
| Dividend Yield | 4.52% |
| Dividend Growth | 64.43% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 21.91 |
| YTD Return | 14.12% |
| 1-Year Return | 12.64% |
| 5-Year Return | 69.97% |
| 52-Week Low | 17.55 |
| 52-Week High | 22.09 |
| Beta (5Y) | n/a |
| Holdings | 28 |
| Inception Date | Sep 29, 2005 |
About MLFHX
MFS Lifetime 2040 Fund Class R3 is a target-date mutual fund designed primarily for investors planning to retire around the year 2040. Its central purpose is to offer diversified exposure to multiple asset classes—including U.S. and international equities, fixed income, and specialty funds—by allocating assets among a selection of underlying MFS mutual funds. The fund employs a progressive glide path, initially favoring growth-oriented assets in its early years and gradually shifting towards a more conservative mix focused on income and capital preservation as the target retirement date approaches. Investment selections and allocations are actively managed, using both strategic and tactical asset allocation techniques for risk mitigation and robust portfolio construction. Key features of this fund include disciplined risk management, periodic rebalancing, and broad diversification, all intended to help investors achieve a high level of total return through changing market cycles. The portfolio spans key sectors such as information technology, financials, industrials, consumer discretionary, and healthcare, reflecting its commitment to broad market coverage. With a history dating back to 2005 and substantial assets under management, MFS Lifetime 2040 Fund Class R3 plays a pivotal role for investors seeking an automated, all-in-one solution that evolves with their retirement horizon.
Performance
MLFHX had a total return of 12.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.59%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
55.88% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Blended Research Mid Cap Eq R6 | BMSYX | 9.12% |
| MFS Blended Research Intl Eq R6 | BRXVX | 8.70% |
| MFS Blended Research Value Equity R6 | BRUNX | 5.04% |
| MFS Value R6 | MEIKX | 5.04% |
| MFS Inflation-Adjusted Bond R6 | MIAKX | 4.95% |
| MFS Blended Research Core Equity R6 | MUEVX | 4.64% |
| MFS Blended Research Growth Eq R6 | BRWVX | 4.64% |
| MFS Research R6 | MFRKX | 4.63% |
| MFS Growth R6 | MFEKX | 4.58% |
| MFS Mid Cap Value R6 | MVCKX | 4.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.99576 | Dec 27, 2024 |
| Dec 27, 2023 | $0.60558 | Dec 28, 2023 |
| Dec 28, 2022 | $1.0218 | Dec 29, 2022 |
| Dec 28, 2021 | $1.76628 | Dec 29, 2021 |
| Dec 29, 2020 | $0.53088 | Dec 30, 2020 |
| Dec 26, 2019 | $0.95374 | Dec 26, 2019 |