MFS Lifetime 2040 R4 (MLFJX)

Fund Assets	844.46M
Expense Ratio	0.553%
Min. Investment	$0.00
Turnover	13.00%
Dividend (ttm)	0.59
Dividend Yield	2.59%
Dividend Growth	5.75%
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	22.80
YTD Return	9.14%
1-Year Return	11.68%
5-Year Return	45.15%
52-Week Low	20.37
52-Week High	23.56
Beta (5Y)	0.80
Holdings	29
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.

• Fund Family: MFS
• Category: Target-Date 2040
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MLFJX
• Share Class: R4
• Index: S&P 500 TR

Performance

MLFJX had a total return of 11.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.96%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FTFFX	Fidelity	Fidelity Advisor Freedom 2040 M	1.15%
FCFFX	Fidelity	Fidelity Advisor Freedom 2040 C	1.67%
FAFFX	Fidelity	Fidelity Advisor Freedom 2040 A	0.87%
FIJPX	Fidelity	Fidelity Advisor Freedom 2040 Z	0.60%
FIFFX	Fidelity	Fidelity Advisor Freedom 2040 I	0.64%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MLFKX	R6	0.39%
MLFIX	I	0.53%
MLFAX	A	0.78%
MLFHX	R3	0.78%

Top 10 Holdings

54.19% of assets

Name	Symbol	Weight
MFS Blended Research Mid Cap Eq R6	BMSYX	8.57%
MFS Blended Research Intl Eq R6	BRXVX	8.43%
MFS Inflation-Adjusted Bond R6	MIAKX	5.27%
MFS Blended Research Value Equity R6	BRUNX	4.87%
MFS Value R6	MEIKX	4.78%
MFS Blended Research Core Equity R6	MUEVX	4.51%
MFS Blended Research Growth Eq R6	BRWVX	4.50%
MFS Growth R6	MFEKX	4.48%
MFS Research R6	MFRKX	4.48%
MFS Mid Cap Value R6	MVCKX	4.30%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$1.61102	Dec 24, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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