MFS Lifetime Income Fund Class I (MLLIX)
| Fund Assets | 545.15M |
| Expense Ratio | 0.44% |
| Min. Investment | $1,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.96 |
| Dividend Yield | 7.67% |
| Dividend Growth | 16.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 12.48 |
| YTD Return | 3.56% |
| 1-Year Return | 7.91% |
| 5-Year Return | 17.06% |
| 52-Week Low | 12.21 |
| 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.
Performance
MLLIX had a total return of 7.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.08%.
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 | $0.03015 | Jul 1, 2026 |
| May 29, 2026 | $0.03015 | Jun 1, 2026 |
| May 19, 2026 | $0.23551 | May 20, 2026 |
| Apr 30, 2026 | $0.0276 | May 1, 2026 |
| Mar 31, 2026 | $0.02764 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02764 | Mar 2, 2026 |