MFS Lifetime Income Fund Class A (MLLAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.44
-0.03 (-0.24%)
At close: Jul 8, 2026
Fund Assets545.15M
Expense Ratio0.69%
Min. Investment$1,000
Turnover5.00%
Dividend (ttm)0.93
Dividend Yield7.11%
Dividend Growth16.70%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2026
Previous Close12.47
YTD Return3.43%
1-Year Return7.65%
5-Year Return15.70%
52-Week Low12.21
52-Week High12.83
Beta (5Y)0.34
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
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MLLAX
Share Class A
Index Bloomberg U.S. Aggregate Bond TR

Performance

MLLAX had a total return of 7.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.81%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
FAFAXFidelityFidelity Advisor Freedom Retirement A0.71%
FTAFXFidelityFidelity Advisor Freedom Retirement M0.96%
FNSHXFidelityFidelity Freedom Retirement K0.42%
FYTKXFidelityFidelity Freedom Retirement Fund Class K60.24%
FFFAXFidelityFidelity Freedom Retirement Fund0.46%

Other Share Classes

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

SymbolShare ClassExpense Ratio
MLLKXR60.32%
MLLJXR40.44%
MLLIXI0.44%
MLLHXR30.69%

Top 10 Holdings

78.80% of assets
NameSymbolWeight
MFS Total Return Bond R6MRBKX20.01%
MFS Limited Maturity R6MQLKX19.98%
MFS Inflation-Adjusted Bond R6MIAKX10.02%
MFS Government Securities R6MFGKX10.01%
MFS Global Opportunistic Bd R6MGBOX7.01%
MFS Blended Research Mid Cap Eq R6BMSYX3.02%
MFS Blended Research Intl Eq R6BRXVX2.77%
MFS Blended Research Value Equity R6BRUNX2.01%
MFS High Income R6MHIKX2.00%
MFS Value R6MEIKX1.99%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2026$0.02756Jul 1, 2026
May 29, 2026$0.0275Jun 1, 2026
May 19, 2026$0.23551May 20, 2026
Apr 30, 2026$0.025May 1, 2026
Mar 31, 2026$0.025Apr 1, 2026
Feb 27, 2026$0.025Mar 2, 2026
Full Dividend History