MFS Lifetime Income Fund Class B (MLLBX)
| Fund Assets | 545.15M |
| Expense Ratio | 1.45% |
| Min. Investment | $1,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 4.88% |
| Dividend Growth | -11.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 12.61 |
| YTD Return | 1.99% |
| 1-Year Return | 9.01% |
| 5-Year Return | 14.88% |
| 52-Week Low | 11.19 |
| 52-Week High | 12.65 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| Inception Date | Sep 29, 2005 |
About MLLBX
The MFS Lifetime Income Fund Class B is a mutual fund designed to support individuals transitioning into or living through retirement. Its primary goal is to seek total return through a blend of current income and capital appreciation. The fund achieves this by investing predominantly in a diversified mix of other MFS mutual funds, creating a conservatively allocated portfolio tailored for those aiming to preserve assets while still maintaining some growth potential. A key characteristic of this fund is its emphasis on fixed income: it typically allocates the majority of its assets to bond funds, providing a reliable income stream and cushioning against market volatility. A smaller allocation remains in equity funds, which allows for continued, albeit moderated, exposure to the growth opportunities of stock markets. The portfolio is routinely rebalanced and managed by an experienced team to maintain its target risk profile as market conditions evolve. This fund is often considered by investors who have already reached their retirement date and seek ongoing diversification, professional management, and a smoother risk profile as they transition from accumulating assets to drawing income. The structure of the fund, along with its diversified sector exposure—including allocations to financials, technology, health care, and industrials—makes it a significant participant in the market for retirement-income-focused investment solutions.
Performance
MLLBX had a total return of 9.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.53%.
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
78.30% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Limited Maturity Fund Class R6 | MQLKX | 20.04% |
| MFS Total Return Bond Fund Class R6 | MRBKX | 19.53% |
| MFS Inflation-Adjusted Bond Fund Class R6 | MIAKX | 10.02% |
| MFS Government Securities Fund Class R6 | MFGKX | 10.01% |
| MFS Global Opportunistic Bond Fund Class R6 | MGBOX | 6.96% |
| MFS Blended Research Mid Cap Equity Fund R6 | BMSYX | 2.97% |
| MFS Blended Research International Equity Fund Class R6 | BRXVX | 2.76% |
| MFS High Income Fund Class R6 | MHIKX | 2.01% |
| MFS Global Real Estate Fund Class R6 | MGLRX | 2.00% |
| MFS Value Fund Class R6 | MEIKX | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.01718 | Feb 2, 2026 |
| Dec 31, 2025 | $0.09996 | Dec 31, 2025 |
| Dec 23, 2025 | $0.27186 | Dec 24, 2025 |
| Nov 28, 2025 | $0.02698 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02204 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02213 | Oct 1, 2025 |