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MFS Lifetime 2040 A MLFAX

Analyst rating as of
NAV / 1-Day Return
19.07  /  1.85 %
Total Assets
563.3 Mil
Adj. Expense Ratio
0.840%
Expense Ratio
0.840%
Fee Level
Average
Longest Manager Tenure
15.41 years
Category
Target-Date 2040
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
Low / Limited
Status
Open
TTM Yield
1.17%
Turnover
13%
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Morningstar’s Analysis

Will MLFAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

An engine of strong underlying managers lacks the room to run.

Summary

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The MFS Lifetime target-date series has been dealt a hand of well-regarded underlying funds to invest in, but a risky glide path and uncompetitive fees mute the appeal. Most share classes achieve a Morningstar Analyst Rating of Neutral, while the pricier R1, B, and C share classes are rated Negative.

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