MFS Lifetime 2040 R6 (MLFKX)

Fund Assets	844.46M
Expense Ratio	0.39%
Min. Investment	$0.00
Turnover	13.00%
Dividend (ttm)	0.63
Dividend Yield	2.74%
Dividend Growth	5.86%
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	22.77
YTD Return	9.83%
1-Year Return	12.25%
5-Year Return	45.13%
52-Week Low	20.33
52-Week High	23.53
Beta (5Y)	0.86
Holdings	29
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.

• Fund Family: MFS
• Category: Target-Date 2040
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MLFKX
• Share Class: R6
• Index: S&P 500 TR

Performance

MLFKX had a total return of 12.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.57%.

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
MLFIX	I	0.53%
MLFJX	R4	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	$1.64465	Dec 24, 2025
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

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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