MFS Lifetime Income Fund Class I (MLLIX)

Fund Assets	545.15M
Expense Ratio	0.449%
Min. Investment	$1,000
Turnover	5.00%
Dividend (ttm)	0.44
Dividend Yield	3.62%
Dividend Growth	-4.93%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	12.24
YTD Return	2.58%
1-Year Return	3.91%
5-Year Return	15.68%
52-Week Low	12.20
52-Week High	12.83
Beta (5Y)	0.34
Holdings	27
Inception Date	Sep 29, 2005

About MLLIX

MFS Lifetime Income Fund Class I is a multi-asset mutual fund designed to deliver a total return through a balanced combination of current income and capital appreciation. The fund primarily invests in a diversified blend of underlying MFS mutual funds, with a focus on bond funds to provide income generation, while allocating a smaller portion to equity funds for growth potential. By maintaining a conservatively allocated portfolio, it appeals to investors who prioritize preserving capital as they approach or enter retirement. The systematic portfolio rebalancing approach ensures broad diversification and risk management within a single investment solution. As part of a glide path strategy, the fund shifts towards greater principal preservation and reduced volatility as investors near retirement, maintaining a static conservative asset allocation once the target retirement date is reached. The MFS Lifetime Income Fund Class I plays a significant role in the retirement planning market by offering convenient, professionally managed exposure to multiple asset classes, benchmarked against the Bloomberg U.S. Aggregate Bond Index, for individuals seeking steady income with controlled exposure to market fluctuations.

• Fund Family: MFS
• Category: Target-Date Retirement
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MLLIX
• Share Class: I
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

MLLIX had a total return of 3.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.96%.

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 A	0.71%
FTAFX	Fidelity	Fidelity Advisor Freedom Retirement M	0.96%
FNSHX	Fidelity	Fidelity Freedom Retirement K	0.42%
FYTKX	Fidelity	Fidelity Freedom Retirement Fund Class K6	0.24%
FFFAX	Fidelity	Fidelity Freedom Retirement Fund	0.45%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MLLKX	R6	0.32%
MLLJX	R4	0.44%
MLLHX	R3	0.69%
MLLAX	A	0.69%

Top 10 Holdings

79.46% of assets

Name	Symbol	Weight
MFS Limited Maturity R6	MQLKX	20.06%
MFS Total Return Bond R6	MRBKX	20.05%
MFS Inflation-Adjusted Bond R6	MIAKX	10.03%
MFS Government Securities R6	MFGKX	10.02%
MFS Global Opportunistic Bd R6	MGBOX	7.01%
MFS Blended Research Mid Cap Eq R6	BMSYX	2.97%
MFS Blended Research Intl Eq R6	BRXVX	2.77%
MFS Global Real Estate R6	MGLRX	2.29%
MFS Commodity Strategy R6	MCSRX	2.25%
MFS Blended Research Value Equity R6	BRUNX	2.01%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03262	Oct 1, 2026
Aug 31, 2026	$0.0302	Sep 1, 2026
Jul 31, 2026	$0.03016	Aug 3, 2026
Jun 30, 2026	$0.03015	Jul 1, 2026
May 29, 2026	$0.03015	Jun 1, 2026
May 19, 2026	$0.23551	May 20, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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