MFS Lifetime Income Fund Class R6 (MLLKX)
| Fund Assets | 545.15M |
| Expense Ratio | 0.33% |
| Min. Investment | $1,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.74 |
| Dividend Yield | 5.85% |
| Dividend Growth | -11.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 12.74 |
| YTD Return | 2.94% |
| 1-Year Return | 10.48% |
| 5-Year Return | 19.73% |
| 52-Week Low | 12.17 |
| 52-Week High | 12.87 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| Inception Date | Aug 29, 2016 |
About MLLKX
MFS Lifetime Income Fund Class R5 is a target-date retirement mutual fund designed to provide a balance of current income and long-term capital appreciation. Its primary function is to support investors, particularly those approaching or in retirement, by seeking to generate stable income while also pursuing some capital growth. The fund implements a "fund of funds" strategy, investing mainly in other MFS mutual funds. It maintains a conservative allocation, with approximately 70% of assets in bond funds for income generation, 20% in U.S. stock funds to offer growth potential, and the remainder in cash or equivalents, striving to manage overall risk. The fund offers broad diversification across asset classes, sectors, and geographies through its underlying holdings. This structure aims to reduce volatility and provide resilience across varied market conditions. MFS Lifetime Income Fund Class R5 follows a disciplined, actively managed approach, regularly rebalancing to keep its allocation consistent with its risk and income objectives. This fund plays a significant role in retirement portfolios, offering a one-stop income-based investment solution suitable for investors seeking both stability and moderate growth as a component of their long-term financial planning.
Performance
MLLKX had a total return of 10.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.38%.
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
78.91% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Limited Maturity Fund Class R6 | MQLKX | 20.05% |
| MFS Total Return Bond Fund Class R6 | MRBKX | 20.04% |
| MFS Inflation-Adjusted Bond Fund Class R6 | MIAKX | 10.03% |
| MFS Government Securities Fund Class R6 | MFGKX | 10.03% |
| MFS Global Opportunistic Bond Fund Class R6 | MGBOX | 7.00% |
| MFS Blended Research Mid Cap Equity Fund R6 | BMSYX | 2.99% |
| MFS Blended Research International Equity Fund Class R6 | BRXVX | 2.74% |
| MFS Commodity Strategy Fund Class R6 | MCSRX | 2.02% |
| MFS Value Fund Class R6 | MEIKX | 2.01% |
| MFS Blended Research Value Equity Fund Class R6 | BRUNX | 2.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.02871 | May 1, 2026 |
| Mar 31, 2026 | $0.0288 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0288 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02879 | Feb 2, 2026 |
| Dec 31, 2025 | $0.11197 | Dec 31, 2025 |
| Dec 23, 2025 | $0.27186 | Dec 24, 2025 |