MFS Lifetime Income Fund Class B (MLLBX)
| Fund Assets | 545.15M |
| Expense Ratio | 1.44% |
| Min. Investment | $1,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.83 |
| Dividend Yield | 6.64% |
| Dividend Growth | 18.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 12.47 |
| YTD Return | 3.30% |
| 1-Year Return | 6.68% |
| 5-Year Return | 12.37% |
| 52-Week Low | 12.21 |
| 52-Week High | 12.83 |
| Beta (5Y) | 0.34 |
| 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 6.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
78.80% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Total Return Bond R6 | MRBKX | 20.01% |
| MFS Limited Maturity R6 | MQLKX | 19.98% |
| MFS Inflation-Adjusted Bond R6 | MIAKX | 10.02% |
| MFS Government Securities R6 | MFGKX | 10.01% |
| MFS Global Opportunistic Bd R6 | MGBOX | 7.01% |
| MFS Blended Research Mid Cap Eq R6 | BMSYX | 3.02% |
| MFS Blended Research Intl Eq R6 | BRXVX | 2.77% |
| MFS Blended Research Value Equity R6 | BRUNX | 2.01% |
| MFS High Income R6 | MHIKX | 2.00% |
| MFS Value R6 | MEIKX | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.01978 | Jul 1, 2026 |
| May 29, 2026 | $0.01962 | Jun 1, 2026 |
| May 19, 2026 | $0.23551 | May 20, 2026 |
| Apr 30, 2026 | $0.01728 | May 1, 2026 |
| Mar 31, 2026 | $0.01709 | Apr 1, 2026 |
| Feb 27, 2026 | $0.01714 | Mar 2, 2026 |