MFS Lifetime Income R4 (MLLJX)
| Fund Assets | 544.93M |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.82 |
| Dividend Yield | 6.45% |
| Dividend Growth | 42.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 12.75 |
| YTD Return | 6.21% |
| 1-Year Return | 5.20% |
| 5-Year Return | 20.31% |
| 52-Week Low | 11.71 |
| 52-Week High | 12.81 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| Inception Date | Sep 29, 2005 |
About MLLJX
The MFS Lifetime Income Fund R4 is an actively managed mutual fund classified as an allocation target-date retirement fund with a conservative profile. Launched in 2005, its primary objective is to achieve total return through a blend of current income and capital appreciation. The fund is structured as a diversified portfolio of underlying MFS funds, emphasizing fixed income investments—primarily bond funds—to provide stable income, while allocating a smaller portion to equity funds for potential growth. This structure allows for professional asset allocation and regular rebalancing within a single investment vehicle. The fund’s benchmark is the Bloomberg U.S. Aggregate Bond Index, reflecting its dominant commitment to the bond market. The MFS Lifetime Income Fund R4 is designed to meet the needs of investors with a focus on generating reliable retirement income, making it significant within the retirement plan and income-focused mutual fund sectors. It offers institutional share classes to eligible investors and maintains ongoing contractual expense reductions, reinforcing its appeal as a solution for long-term, income-oriented portfolio strategies.
Performance
MLLJX had a total return of 5.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.92%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
77.94% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Limited Maturity R6 | MQLKX | 20.05% |
| MFS Total Return Bond R6 | MRBKX | 19.57% |
| MFS Inflation-Adjusted Bond R6 | MIAKX | 10.03% |
| MFS Government Securities R6 | MFGKX | 9.53% |
| MFS Global Opportunistic Bd R6 | MGBOX | 7.03% |
| MFS Blended Research Mid Cap Eq R6 | BMSYX | 2.99% |
| MFS Blended Research Intl Eq R6 | BRXVX | 2.73% |
| Currency Cash CASH_USD | n/a | 2.02% |
| MFS High Income R6 | MHIKX | 2.00% |
| MFS Blended Research Value Equity R6 | BRUNX | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03258 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03255 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03251 | Jul 1, 2025 |
| May 30, 2025 | $0.03249 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03254 | May 1, 2025 |
| Mar 31, 2025 | $0.03255 | Apr 1, 2025 |