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MFS Lifetime 2040 Fund
mutual fund
MLFIX
Payout Change
Pending
Price as of:
$17.57
+0.04
+0.23%
primary theme
Target-Date 2040
MLFIX (Mutual Fund)
MFS Lifetime 2040 Fund
Payout Change
Pending
Price as of:
$17.57
+0.04
+0.23%
primary theme
Target-Date 2040
MLFIX (Mutual Fund)
MFS Lifetime 2040 Fund
Payout Change
Pending
Price as of:
$17.57
+0.04
+0.23%
primary theme
Target-Date 2040
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-14.0%
1 yr return
-3.4%
3 Yr Avg Return
9.2%
5 Yr Avg Return
9.5%
Net Assets
$570 M
Holdings in Top 10
59.0%
52 WEEK LOW AND HIGH
$17.5
$17.35
$22.31
Expenses
OPERATING FEES
Expense Ratio 0.57%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 27.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Target-Date 2040
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
MLFIX - Profile
Distributions
- YTD Total Return -14.0%
- 3 Yr Annualized Total Return 9.2%
- 5 Yr Annualized Total Return 9.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.57%
- Dividend Yield 5.9%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameMFS Lifetime 2040 Fund
-
Fund Family NameMFS
-
Inception DateSep 29, 2005
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJoseph Flaherty
Fund Description
The fund is designed to provide diversification among different asset classes for investors with the approximate retirement year in 2040. It invests substantially all of its assets in other MFS mutual funds, referred to as underlying funds.
MLFIX - Performance
Return Ranking - Trailing
| Period | MLFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -14.0% | -23.6% | -10.0% | 7.62% |
| 1 Yr | -3.4% | -9.8% | 2.7% | 6.25% |
| 3 Yr | 9.2%* | 4.4% | 10.6% | 3.37% |
| 5 Yr | 9.5%* | 5.7% | 9.6% | 3.80% |
| 10 Yr | 9.6%* | 6.6% | 10.3% | 9.85% |
* Annualized
Return Ranking - Calendar
| Period | MLFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 9.2% | -6.3% | 17.5% | 36.32% |
| 2020 | 9.7% | 3.3% | 14.9% | 65.50% |
| 2019 | 19.2% | 4.1% | 22.6% | 22.45% |
| 2018 | -12.9% | -23.1% | -6.9% | 32.95% |
| 2017 | 16.6% | -15.1% | 18.8% | 37.89% |
Total Return Ranking - Trailing
| Period | MLFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -14.0% | -23.6% | -10.0% | 7.62% |
| 1 Yr | -3.4% | -14.2% | 2.7% | 6.33% |
| 3 Yr | 9.2%* | 3.3% | 10.6% | 3.41% |
| 5 Yr | 9.5%* | 4.8% | 9.6% | 3.85% |
| 10 Yr | 9.6%* | 6.6% | 10.3% | 9.23% |
* Annualized
Total Return Ranking - Calendar
| Period | MLFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 9.2% | -6.3% | 17.5% | 36.32% |
| 2020 | 9.7% | 3.3% | 14.9% | 65.50% |
| 2019 | 19.2% | 4.1% | 22.6% | 22.45% |
| 2018 | -7.5% | -23.1% | -5.5% | 9.83% |
| 2017 | 20.8% | -15.1% | 26.3% | 14.29% |
NAV & Total Return History
MLFIX - Holdings
Concentration Analysis
| MLFIX | Category Low | Category High | MLFIX % Rank | |
|---|---|---|---|---|
| Net Assets | 570 M | 87.6 K | 68.4 B | 48.46% |
| Number of Holdings | 28 | 4 | 559 | 21.68% |
| Net Assets in Top 10 | 360 M | 692 K | 67.5 B | 54.42% |
| Weighting of Top 10 | 58.98% | 38.4% | 100.0% | 97.09% |
Top 10 Holdings
- MFS Blended Research Mid Cap Eq R6 9.37%
- MFS Blended Research Intl Eq R6 9.31%
- MFS Growth R6 5.28%
- MFS Blended Research Growth Eq R6 5.28%
- MFS Value R6 5.17%
- MFS Blended Research Value Equity R6 5.17%
- MFS Blended Research Core Equity R6 5.05%
- MFS Research R6 5.02%
- MFS Mid Cap Growth R6 4.71%
- MFS Mid Cap Value R6 4.62%
Asset Allocation
| Weighting | Return Low | Return High | MLFIX % Rank | |
|---|---|---|---|---|
| Stocks | 79.52% | 0.00% | 89.78% | 64.16% |
| Bonds | 16.44% | 6.42% | 61.33% | 30.97% |
| Other | 5.77% | -0.92% | 8.21% | 3.54% |
| Convertible Bonds | 0.23% | 0.00% | 0.92% | 38.50% |
| Preferred Stocks | 0.00% | 0.00% | 0.49% | 94.25% |
| Cash | -1.94% | -3.49% | 35.60% | 94.25% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MLFIX % Rank | |
|---|---|---|---|---|
| Technology | 18.37% | 14.76% | 23.91% | 83.48% |
| Financial Services | 14.47% | 12.98% | 18.72% | 67.86% |
| Industrials | 11.92% | 9.57% | 12.36% | 15.18% |
| Healthcare | 11.71% | 10.27% | 14.52% | 68.75% |
| Consumer Cyclical | 10.76% | 8.28% | 12.86% | 77.23% |
| Real Estate | 8.61% | 1.77% | 10.49% | 9.38% |
| Consumer Defense | 6.73% | 4.68% | 10.28% | 41.96% |
| Communication Services | 6.46% | 6.04% | 10.24% | 91.07% |
| Basic Materials | 4.85% | 2.96% | 6.42% | 32.59% |
| Energy | 3.35% | 2.32% | 5.93% | 77.68% |
| Utilities | 2.78% | 1.84% | 7.86% | 34.38% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MLFIX % Rank | |
|---|---|---|---|---|
| US | 54.43% | 0.00% | 68.24% | 37.61% |
| Non US | 25.09% | 0.00% | 43.47% | 64.16% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MLFIX % Rank | |
|---|---|---|---|---|
| Government | 36.51% | 11.76% | 62.74% | 57.52% |
| Corporate | 27.93% | 0.58% | 53.44% | 35.84% |
| Cash & Equivalents | 13.81% | 3.19% | 55.75% | 77.43% |
| Derivative | 12.63% | 0.00% | 19.91% | 5.31% |
| Securitized | 8.32% | 0.00% | 40.07% | 75.22% |
| Municipal | 0.81% | 0.00% | 21.39% | 8.85% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MLFIX % Rank | |
|---|---|---|---|---|
| US | 10.84% | 4.61% | 39.59% | 61.06% |
| Non US | 5.60% | 0.08% | 21.74% | 11.50% |
MLFIX - Expenses
Operational Fees
| MLFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.57% | 0.06% | 1.84% | 58.85% |
| Management Fee | 0.00% | 0.00% | 0.86% | 18.75% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
| MLFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| MLFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MLFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 27.00% | 2.00% | 112.00% | 63.94% |
MLFIX - Distributions
Dividend Yield Analysis
| MLFIX | Category Low | Category High | MLFIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.88% | 0.00% | 5.51% | 83.26% |
Dividend Distribution Analysis
| MLFIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| MLFIX | Category Low | Category High | MLFIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.57% | -0.21% | 10.52% | 19.63% |
Capital Gain Distribution Analysis
| MLFIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2018 | $0.387 | OrdinaryDividend |
| Dec 27, 2017 | $0.400 | OrdinaryDividend |
| Dec 28, 2016 | $0.187 | OrdinaryDividend |
| Dec 29, 2015 | $0.201 | OrdinaryDividend |
| Dec 29, 2014 | $0.239 | OrdinaryDividend |
| Dec 27, 2013 | $0.195 | OrdinaryDividend |
| Dec 27, 2012 | $0.153 | OrdinaryDividend |
| Dec 27, 2011 | $0.200 | OrdinaryDividend |
| Dec 28, 2010 | $0.162 | OrdinaryDividend |
| Dec 28, 2009 | $0.188 | OrdinaryDividend |
| Dec 29, 2005 | $0.160 | OrdinaryDividend |
MLFIX - Fund Manager Analysis
Managers
Joseph Flaherty
Start Date
Tenure
Tenure Rank
Sep 29, 2005
16.59
16.6%
Joseph C. Flaherty, Jr., is an investment officer and chief investment risk officer at MFS Investment Management® (MFS®). He serves as the director of the MFS' Quantitative Solutions group and is a portfolio manager of the firm's asset allocation portfolios. Joe joined MFS as a fixed-income quantitative research associate in 1993 and was named quantitative research analyst in 1996. He became manager of the Quantitative Research Group and portfolio manager in 1999, director of Fixed Income Quantitative Research in 2004, and director of the Quantitative Solutions Team in 2005.
Natalie Shapiro
Start Date
Tenure
Tenure Rank
Sep 01, 2018
3.66
3.7%
Natalie I. Shapiro, Ph.D. is an Investment Officer, Portfolio Manager and Quantitative Fixed Income Research Analyst at MFS Investment Management® (MFS®). Prior to joining MFS in 1997, Natalie served as a research associate for the Federal Reserve Bank of Boston. Natalie has earned a bachelor's degree from Wellesley College and a doctorate from the University of Pennsylvania.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.1 | 17.5 | 5.51 | 2.33 |
