MFS Lifetime 2040 R4 (MLFJX)
| Fund Assets | 844.46M |
| Expense Ratio | 0.56% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 1.05 |
| Dividend Yield | 4.66% |
| Dividend Growth | 62.85% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 22.28 |
| YTD Return | 14.32% |
| 1-Year Return | 12.92% |
| 5-Year Return | 72.12% |
| 52-Week Low | 17.82 |
| 52-Week High | 22.46 |
| Beta (5Y) | 0.82 |
| Holdings | 28 |
| Inception Date | Sep 29, 2005 |
About MLFJX
MFS Lifetime 2040 Fund Class R4 is a target-date mutual fund designed to help investors plan for retirement around the year 2040. Its primary function is to provide a diversified investment solution that automatically adjusts its asset allocation over time, following a disciplined glide path. Early in its lifecycle, the fund seeks capital appreciation by allocating a greater portion to equities; as the target date approaches, it systematically shifts toward more conservative investments such as bonds to mitigate risk and preserve capital. The fund invests primarily in other MFS mutual funds, ensuring broad diversification across U.S. and international stocks, bonds, and specialty assets. Its active management focuses on risk control and ongoing rebalancing. MFS Lifetime 2040 Fund Class R4 offers convenient access to a professionally managed portfolio, suitable for individuals aiming for retirement in or near 2040. With no initial sales charge for its R4 share class, it is available to eligible investors and emphasizes transparent, competitive expense management. By progressively adapting its investment strategy, the fund aims for high total return early on and, closer to retirement, balances growth with current income and capital preservation, reflecting its significant role in long-term retirement planning within the financial market.
Performance
MLFJX had a total return of 12.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.85%.
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 | $1.04527 | Dec 27, 2024 |
| Dec 27, 2023 | $0.64186 | Dec 28, 2023 |
| Dec 28, 2022 | $1.06467 | Dec 29, 2022 |
| Dec 28, 2021 | $1.80312 | Dec 29, 2021 |
| Dec 29, 2020 | $0.55806 | Dec 30, 2020 |
| Dec 26, 2019 | $0.99062 | Dec 26, 2019 |