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Morningstar

MFS Lifetime 2040 B MLFBX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 17.75  /  0.23 %
  • Total Assets 694.4 Mil
  • Adj. Expense Ratio
    1.570%
  • Expense Ratio 1.570%
  • Distribution Fee Level Low
  • Share Class Type —
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Closed
  • TTM Yield 1.26%
  • Turnover 18%

USD | NAV as of Dec 08, 2023 | 1-Day Return as of Dec 08, 2023, 11:15 PM GMT+0

Morningstar’s Analysis MLFBX

Will MLFBX outperform in 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.

A beneficiary of the firm's breadth and depth of resources.

Analyst Hyunmin Kim

Hyunmin Kim

Analyst

Summary

The MFS Lifetime target-date series benefits from the firm’s well-regarded fund lineup, and management has consistently carried out a long-term strategy that is competitive with industry peers. With an upgrade to the Process rating, the three cheapest share classes earn a Morningstar Analyst Rating of Bronze, while six more expensive share classes receive Neutral ratings.

by Hyunmin Kim
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MLFBX

More MLFBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 28
  • % Assets in Top 10 Holdings 56.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MFS Blended Research Mid Cap Eq R6

9.14
57,923,779
—

MFS Blended Research Intl Eq R6

8.96
56,784,981
—

MFS Blended Research Value Equity R6

5.11
32,391,295
—

MFS Value R6

5.10
32,319,542
—

MFS Growth R6

4.81
30,486,196
—

MFS Blended Research Growth Eq R6

4.79
30,342,255
—

MFS Research R6

4.74
30,031,949
—

MFS Blended Research Core Equity R6

4.73
29,944,448
—

MFS Mid Cap Value R6

4.61
29,182,243
—

MFS Mid Cap Growth R6

4.59
29,101,896
—