Morningstar

MFS Lifetime 2040 Fund Class B MLFBX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 22.59  /  +0.71 %
  • Total Assets 834.9M
  • Adj. Expense Ratio
    1.560%
  • Expense Ratio 1.000%
  • Distribution Fee Level Low
  • Share Class Type Deferred Load
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Closed
  • TTM Yield 1.07%
  • Turnover 13%

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MLFBX

Will MLFBX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MLFBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MLFBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MLFBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Effectively leans into active management.

Senior Analyst Hyunmin Kim

Hyunmin Kim

Senior Analyst

Summary

The MFS Lifetime target-date series benefits from the firm's well-regarded fund lineup, and management has faithfully carried out its well-researched allocation framework.

by Hyunmin Kim
Rated on Published on

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Portfolio Holdings MLFBX

More MLFBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 55.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MFS Blended Research Mid Cap Eq R6

9.22 78M
—

MFS Blended Research Intl Eq R6

8.52 72M
—

MFS Inflation-Adjusted Bond R6

5.06 43M
—

MFS Blended Research Value Equity R6

5.00 42M
—

MFS Value R6

4.88 41M
—

MFS Mid Cap Growth R6

4.56 39M
—

MFS Blended Research Growth Eq R6

4.54 38M
—

MFS Blended Research Core Equity R6

4.53 38M
—

MFS Mid Cap Value R6

4.51 38M
—

MFS Growth R6

4.49 38M
—

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