MFS Lifetime 2040 R6 (MLFKX)
| Fund Assets | 844.46M |
| Expense Ratio | 0.42% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 1.08 |
| Dividend Yield | 4.81% |
| Dividend Growth | 60.24% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 22.27 |
| YTD Return | 14.45% |
| 1-Year Return | 13.05% |
| 5-Year Return | 73.34% |
| 52-Week Low | 17.79 |
| 52-Week High | 22.45 |
| Beta (5Y) | n/a |
| Holdings | 28 |
| Inception Date | Aug 29, 2016 |
About MLFKX
MFS Lifetime 2040 Fund Class R6 is a target-date mutual fund designed to provide a professionally managed, diversified investment approach for individuals planning to retire around the year 2040. The fund’s primary purpose is to deliver a high level of total return in its early years through a dynamic mix of asset classes, including equities and fixed income, and progressively shift toward a more conservative allocation as the target retirement year approaches. The fund employs disciplined, active risk management and utilizes a glide path strategy that seeks growth initially and then prioritizes risk reduction and income generation closer to 2040. Investors benefit from access to a broad portfolio of underlying MFS funds, which are regularly rebalanced for optimal diversification and alignment with retirement objectives. With no sales charge for Class R6 shares, the fund is accessible to eligible investors and aims to streamline retirement planning by adjusting asset allocations automatically over time. The MFS Lifetime 2040 Fund Class R6 plays a critical role in retirement-focused investing by offering a hands-off, adaptive solution that responds to both personal time horizons and changing market conditions.
Performance
MLFKX had a total return of 13.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.52%.
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 | $1.07644 | Dec 27, 2024 |
| Dec 27, 2023 | $0.67176 | Dec 28, 2023 |
| Dec 28, 2022 | $1.09139 | Dec 29, 2022 |
| Dec 28, 2021 | $1.84441 | Dec 29, 2021 |
| Dec 29, 2020 | $0.59147 | Dec 30, 2020 |
| Dec 26, 2019 | $1.01254 | Dec 26, 2019 |