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MFS Lifetime Income C MLLCX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
13.93  /  0.28 %
Total Assets
707.2 Mil
Adj. Expense Ratio
1.520%
Expense Ratio
1.520%
Fee Level
Above Average
Longest Manager Tenure
15.72 years
Category
Target-Date Retirement
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Status
Open
TTM Yield
1.22%
Turnover
15%

USD | NAV as of Jun 16, 2021 | 1-Day Return as of Jun 16, 2021, 10:29 PM GMT+00:00

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Morningstar’s Analysis

Will MLLCX outperform in future?

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

Process Pillar

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

People Pillar

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The People Pillar is our evaluation of the MLLCX 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

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

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

Analyst

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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