Morningstar

MFS Lifetime 2040 Fund Class R1 MLFEX

Morningstar Medalist Rating
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Medalist Rating as of See MFS Investment Hub
  • NAV / 1-Day Return$22.05  /  −0.59%
  • Fund Size$719.6M
  • Adjusted Expense Ratio1.530%
  • Net Expense Ratio1.000%
  • Fee Level: DistributionHigh
  • Share Class TypeRetirement, Small
  • Morningstar CategoryTarget-Date 2040
  • Equity Style Box (Funds)Large Blend
  • Fixed-Income Style Box (Funds)Medium/Moderate
  • Investment StatusOpen
  • TTM Yield1.66%
  • Turnover Ratio8%
NAV and 1-Day Return as of

Morningstar’s Analysis MLFEX

Will MLFEX 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 MLFEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MLFEX 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 MLFEX’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 MLFEX

More MLFEX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings54.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MFS Blended Research Mid Cap Eq R6

8.6068M
—

MFS Blended Research Intl Eq R6

8.3266M
—

MFS Inflation-Adjusted Bond R6

5.3843M
—

MFS Blended Research Value Equity R6

4.7938M
—

MFS Value R6

4.7538M
—

MFS Blended Research Growth Eq R6

4.6337M
—

MFS Growth R6

4.6237M
—

MFS Research R6

4.5536M
—

MFS Blended Research Core Equity R6

4.5236M
—

MFS Mid Cap Growth R6

4.4135M
—

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