MFS Lifetime Income Fund Class A (MLLAX)
| Fund Assets | 545.15M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 5.22% |
| Dividend Growth | -11.75% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 12.37 |
| YTD Return | 0.15% |
| 1-Year Return | 7.34% |
| 5-Year Return | 15.94% |
| 52-Week Low | 11.71 |
| 52-Week High | 12.83 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| Inception Date | Sep 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.
Performance
MLLAX had a total return of 7.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.71%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FAFAX | Fidelity | Fidelity Advisor Freedom Retirement Fund - Class A | 0.72% |
| FTAFX | Fidelity | Fidelity Advisor Freedom Retirement Fund - Class M | 0.97% |
| FNSHX | Fidelity | Fidelity Freedom Retirement Fund - Class K | 0.42% |
| FYTKX | Fidelity | Fidelity Freedom Retirement Fund Class K6 | 0.24% |
| FFFAX | Fidelity | Fidelity Freedom Retirement Fund | 0.47% |
Top 10 Holdings
78.29% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Limited Maturity Fund Class R6 | MQLKX | 20.01% |
| MFS Total Return Bond Fund Class R6 | MRBKX | 19.52% |
| MFS Inflation-Adjusted Bond Fund Class R6 | MIAKX | 10.03% |
| MFS Government Securities Fund Class R6 | MFGKX | 10.00% |
| MFS Global Opportunistic Bond Fund Class R6 | MGBOX | 7.00% |
| MFS Blended Research Mid Cap Equity Fund R6 | BMSYX | 2.95% |
| MFS Blended Research International Equity Fund Class R6 | BRXVX | 2.77% |
| MFS Global Real Estate Fund Class R6 | MGLRX | 2.01% |
| MFS Blended Research Value Equity Fund Class R6 | BRUNX | 2.00% |
| MFS Value Fund Class R6 | MEIKX | 2.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.025 | Apr 1, 2026 |
| Feb 27, 2026 | $0.025 | Mar 2, 2026 |
| Jan 30, 2026 | $0.025 | Feb 2, 2026 |
| Dec 31, 2025 | $0.10785 | Dec 31, 2025 |
| Dec 23, 2025 | $0.27186 | Dec 24, 2025 |
| Nov 28, 2025 | $0.035 | Dec 1, 2025 |