MFS Lifetime 2040 I (MLFIX)
| Fund Assets | 844.46M |
| Expense Ratio | 0.56% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 1.05 |
| Dividend Yield | 4.72% |
| Dividend Growth | 60.93% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 22.14 |
| YTD Return | 14.32% |
| 1-Year Return | 12.87% |
| 5-Year Return | 72.09% |
| 52-Week Low | 17.71 |
| 52-Week High | 22.32 |
| Beta (5Y) | n/a |
| Holdings | 28 |
| Inception Date | Sep 29, 2005 |
About MLFIX
MFS Lifetime 2040 Fund Class I is a target-date mutual fund designed to align portfolio risk and asset allocation with the anticipated retirement year of 2040. Its primary function is to deliver a high level of total return, focusing on long-term capital appreciation in the years leading up to 2040, and then gradually shifting towards a combination of capital appreciation and current income as the target date approaches and passes. The fund employs a progressive glide path strategy, starting with a growth-oriented allocation to equities and gradually reducing equity exposure in favor of more conservative fixed-income and income-producing assets over time. The fund is broadly diversified, investing across various asset classes and sectors through underlying MFS funds. As of August 2025, its largest sector exposures include information technology, financials, and industrials. Notable holdings reflect significant positions in leading global companies, such as NVIDIA, Microsoft, Amazon, Apple, and Alphabet. The fund is actively managed by a team of quantitative professionals who adjust asset allocations to balance growth with risk mitigation. By offering a single, professionally managed investment that evolves with the investor’s time horizon, MFS Lifetime 2040 Fund Class I serves as a core retirement planning solution for individuals aiming for retirement around the year 2040.
Performance
MLFIX had a total return of 12.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.84%.
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 | $1.05015 | Dec 27, 2024 |
| Dec 27, 2023 | $0.65256 | Dec 28, 2023 |
| Dec 28, 2022 | $1.0715 | Dec 29, 2022 |
| Dec 28, 2021 | $1.82166 | Dec 29, 2021 |
| Dec 29, 2020 | $0.57397 | Dec 30, 2020 |
| Dec 26, 2019 | $0.98688 | Dec 26, 2019 |