MFS Lifetime Income Fund Class A (MLLAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.32
-0.01 (-0.08%)
At close: Dec 5, 2025
-0.22%
Fund Assets545.15M
Expense Ratio0.70%
Min. Investment$1,000
Turnover5.00%
Dividend (ttm)0.79
Dividend Yield5.92%
Dividend Growth44.89%
Payout FrequencyMonthly
Ex-Dividend DateNov 28, 2025
Previous Close13.33
YTD Return8.48%
1-Year Return6.07%
5-Year Return18.45%
52-Week Low12.00
52-Week High13.35
Beta (5Y)n/a
Holdings27
Inception DateSep 29, 2005

About MLLAX

MFS Lifetime Income Fund Class A is a mutual fund structured as a fund-of-funds, primarily aiming to achieve a total return through a blend of current income and capital appreciation. Its core strategy involves a conservative allocation among various MFS-managed mutual funds, with a pronounced emphasis on bond funds for steady income while maintaining a smaller allocation to equity funds to support long-term growth. Notably, the fund typically targets approximately 70% of assets in bond funds, 20% in U.S. stock funds, and 10% in cash or cash-equivalents, offering diversification and active rebalancing within a single investment. Designed to facilitate retirement-oriented investing, it appeals to investors seeking a professionally managed, broadly diversified portfolio with automatic rebalancing. The fund's performance benchmark is the Bloomberg U.S. Aggregate Bond Index, reflecting its income-focused portfolio. MFS Lifetime Income Fund Class A plays a significant role in the retirement planning sector, serving as a convenient vehicle for accessing income generation and moderate growth with risk mitigation through asset allocation across fixed income and equity markets.

Fund Family MFS
Category Target-Date Retirement
Stock Exchange NASDAQ
Ticker Symbol MLLAX
Share Class A
Index Bloomberg U.S. Aggregate Bond TR

Performance

MLLAX had a total return of 6.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.41%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
FAFAXFidelityFidelity Advisor Freedom Retirement A0.72%
FTAFXFidelityFidelity Advisor Freedom Retirement M0.97%
FNSHXFidelityFidelity Freedom Retirement K0.42%
FYTKXFidelityFidelity Freedom Retirement Fund Class K60.24%
FFFAXFidelityFidelity Freedom Retirement Fund0.47%

Other Share Classes

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

SymbolShare ClassExpense Ratio
MLLKXR60.33%
MLLJXR40.45%
MLLIXI0.45%
MLLHXR30.70%

Top 10 Holdings

78.12% of assets
NameSymbolWeight
MFS Limited Maturity R6MQLKX20.08%
MFS Total Return Bond R6MRBKX19.54%
MFS Inflation-Adjusted Bond R6MIAKX10.05%
MFS Government Securities R6MFGKX9.65%
MFS Global Opportunistic Bd R6MGBOX7.03%
MFS Blended Research Mid Cap Eq R6BMSYX2.98%
MFS Blended Research Intl Eq R6BRXVX2.77%
MFS Commodity Strategy FundMCSRX2.01%
MFS High Income R6MHIKX2.01%
MFS Blended Research Value Equity R6BRUNX2.00%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Nov 28, 2025$0.035Dec 1, 2025
Oct 31, 2025$0.030Nov 3, 2025
Sep 30, 2025$0.030Oct 1, 2025
Aug 29, 2025$0.030Sep 2, 2025
Jul 31, 2025$0.030Aug 1, 2025
Jun 30, 2025$0.030Jul 1, 2025
Full Dividend History