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.
Fund Family MFS
Category Target-Date 2040
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MLFHX
Share Class R3
Index S&P 500 TR
MLFHX had a total return of 9.37% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.60%.
