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.
Fund Family MFS
Category Target-Date 2040
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MLFIX
Share Class I
Index S&P 500 TR
MLFIX had a total return of 12.12% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.98%.
