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Trending ETFs

Name

As of 03/21/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.49

$645 M

0.86%

$0.09

1.52%

Vitals

YTD Return

-5.0%

1 yr return

1.7%

3 Yr Avg Return

6.0%

5 Yr Avg Return

4.8%

Net Assets

$645 M

Holdings in Top 10

78.6%

52 WEEK LOW AND HIGH

$10.5
$10.34
$11.65

Expenses

OPERATING FEES

Expense Ratio 1.52%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 12.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/21/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.49

$645 M

0.86%

$0.09

1.52%

MLLSX - Profile

Distributions

  • YTD Total Return -5.0%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 4.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.12%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    MFS Lifetime Income Fund
  • Fund Family Name
    MFS
  • Inception Date
    Jan 08, 2015
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joseph Flaherty

Fund Description

The fund is designed to provide diversification among different asset classes by investing the majority of its assets in other mutual funds advised by MFS (Massachusetts Financial Services Company, the fund’s investment adviser), referred to as underlying funds. The underlying funds are selected following a two-stage asset allocation process.

The first stage is a strategic asset allocation to determine the percentage of the fund’s assets invested in the general asset classes of (1) Bond Funds, (2) International Stock Funds, and (3) U.S. Stock Funds, as well as (4) Specialty Funds (underlying funds that have less traditional investment strategies that MFS believes provide diversification benefits when added to a portfolio consisting of stock and bond funds).

The second stage involves the actual selection of underlying funds to represent the asset classes based on underlying fund classifications, historical risk, performance, and other factors.

Within the stock fund allocations, MFS seeks to diversify by geography (by including domestic and international underlying funds), in terms of market capitalization (by including large, mid, and small capitalization underlying funds) and by style (by including both growth and value underlying funds).

Within the bond fund allocation, MFS includes underlying funds with varying degrees of geographic, interest rate and credit exposure, including exposure to below investment grade quality debt instruments.

MFS normally invests the underlying funds’ assets across different industries, sectors, countries, and regions, but MFS may invest a significant percentage of the underlying funds’ assets in issuers in a single industry, sector, country, or region.

The fund is designed for investors who intend to withdraw assets over an extended period of time or who want an investment with an asset allocation mix similar to the fund’s target asset allocation.

As of August 1, 2022, the fund’s approximate target allocation among asset classes and the underlying funds was:

Bond Funds: 71.0 %
MFS Emerging Markets Debt Fund 1.0 %
MFS Emerging Markets Debt Local Currency Fund 1.0 %
MFS Global Opportunistic Bond Fund 7.0 %
MFS Government Securities Fund 10.0 %
MFS High Income Fund 2.0 %
MFS Inflation-Adjusted Bond Fund 10.0 %
MFS Limited Maturity Fund 20.0 %
MFS Total Return Bond Fund 20.0 %
International Stock Funds: 5.0 %
MFS Blended Research International Equity Fund 2.5 %
MFS International Growth Fund 0.5 %
MFS International Intrinsic Value Fund 0.5 %
MFS Research International Fund 1.5 %
U.S. Stock Funds: 20.0 %
MFS Blended Research Core Equity Fund 2.0 %
MFS Blended Research Growth Equity Fund 2.0 %
MFS Blended Research Mid Cap Equity Fund 3.0 %
MFS Blended Research Small Cap Equity Fund 1.0 %
MFS Blended Research Value Equity Fund 2.0 %
MFS Growth Fund 2.0 %
MFS Mid Cap Growth Fund 1.5 %
MFS Mid Cap Value Fund 1.5 %
MFS New Discovery Fund 0.5 %
MFS New Discovery Value Fund 0.5 %
MFS Research Fund 2.0 %
MFS Value Fund 2.0 %
Specialty Funds: 4.0 %
MFS Commodity Strategy Fund 2.0 %
MFS Global Real Estate Fund 2.0 %

All percentages are rounded to the nearest tenth of a percent. As a result, the sum of the target underlying fund allocations in each asset class may not equal the target asset class allocations for such asset class, and the target asset class and underlying fund allocations presented in the table may not total 100%.

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MLLSX - Performance

Return Ranking - Trailing

Period MLLSX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -12.0% -0.2% 23.98%
1 Yr 1.7% -11.9% 3.2% 10.20%
3 Yr 6.0%* -0.2% 6.4% 23.92%
5 Yr 4.8%* 0.5% 5.9% 52.25%
10 Yr 4.0%* 1.6% 5.8% 66.96%

* Annualized

Return Ranking - Calendar

Period MLLSX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.2% -23.5% 10.3% 40.25%
2022 6.3% -15.2% 12.6% 28.37%
2021 9.2% -1.1% 13.9% 37.22%
2020 -6.5% -13.1% 0.5% 42.68%
2019 4.2% -12.3% 10.3% 58.45%

Total Return Ranking - Trailing

Period MLLSX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -16.0% -0.3% 13.01%
1 Yr 0.8% -13.0% 3.2% 14.98%
3 Yr 6.0%* -1.1% 6.0% 22.51%
5 Yr 4.8%* 0.2% 5.9% 46.63%
10 Yr 4.0%* 1.6% 5.8% 62.83%

* Annualized

Total Return Ranking - Calendar

Period MLLSX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.2% -23.5% 10.3% 40.25%
2022 6.3% -15.2% 12.6% 28.37%
2021 9.2% -1.1% 13.9% 37.22%
2020 -5.0% -12.9% 0.5% 51.59%
2019 5.7% -12.3% 12.7% 55.63%

NAV & Total Return History


MLLSX - Holdings

Concentration Analysis

MLLSX Category Low Category High MLLSX % Rank
Net Assets 645 M 149 K 23.5 B 17.67%
Number of Holdings 27 2 1437 46.18%
Net Assets in Top 10 507 M 115 K 23.2 B 15.66%
Weighting of Top 10 78.58% 4.3% 100.0% 49.54%

Top 10 Holdings

  1. MFS Total Return Bond R6 20.04%
  2. MFS Limited Maturity R6 19.95%
  3. MFS Inflation-Adjusted Bond R6 10.13%
  4. MFS Government Securities R6 10.02%
  5. MFS Global Opportunistic Bd R6 6.98%
  6. MFS Blended Research Mid Cap Eq R6 3.00%
  7. MFS Blended Research Intl Eq R6 2.43%
  8. MFS Commodity Strategy R6 2.02%
  9. MFS High Income R6 2.01%
  10. MFS Research R6 2.00%

Asset Allocation

Weighting Return Low Return High MLLSX % Rank
Bonds
68.77% -4.57% 128.62% 30.12%
Stocks
26.54% 0.00% 48.94% 52.61%
Other
2.46% -0.49% 63.11% 15.26%
Convertible Bonds
1.39% 0.00% 7.43% 18.47%
Cash
0.84% -35.30% 78.19% 76.31%
Preferred Stocks
0.00% 0.00% 31.07% 77.91%

Stock Sector Breakdown

Weighting Return Low Return High MLLSX % Rank
Technology
18.90% 1.82% 27.09% 38.83%
Financial Services
14.30% 11.80% 19.75% 72.34%
Healthcare
12.25% 6.55% 14.86% 22.34%
Industrials
11.19% 4.26% 12.45% 37.23%
Real Estate
10.68% 1.77% 24.64% 13.30%
Consumer Cyclical
10.30% 4.62% 12.80% 75.00%
Communication Services
6.70% 4.12% 9.27% 72.87%
Consumer Defense
5.71% 4.43% 10.89% 73.94%
Basic Materials
4.05% 2.20% 7.76% 73.94%
Energy
3.17% 2.91% 12.99% 89.36%
Utilities
2.75% 1.74% 10.46% 50.53%

Stock Geographic Breakdown

Weighting Return Low Return High MLLSX % Rank
US
20.31% 0.00% 33.62% 42.57%
Non US
6.23% 0.00% 19.45% 69.08%

Bond Sector Breakdown

Weighting Return Low Return High MLLSX % Rank
Government
36.56% 0.00% 99.96% 44.58%
Corporate
27.84% 0.00% 99.81% 40.16%
Securitized
20.40% 0.00% 92.81% 32.93%
Derivative
7.13% 0.00% 13.40% 10.44%
Cash & Equivalents
6.65% 0.00% 99.86% 62.25%
Municipal
1.41% 0.00% 99.82% 13.65%

Bond Geographic Breakdown

Weighting Return Low Return High MLLSX % Rank
US
53.92% -4.57% 128.62% 52.61%
Non US
14.85% 0.00% 19.05% 5.22%

MLLSX - Expenses

Operational Fees

MLLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.52% 0.06% 3.21% 3.23%
Management Fee 0.00% 0.00% 0.77% 13.04%
12b-1 Fee 1.00% 0.00% 1.00% 94.62%
Administrative Fee 0.05% 0.01% 0.30% 21.74%

Sales Fees

MLLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.75% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 72.22%

Trading Fees

MLLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MLLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 0.00% 121.26% 33.18%

MLLSX - Distributions

Dividend Yield Analysis

MLLSX Category Low Category High MLLSX % Rank
Dividend Yield 0.86% 0.00% 4.10% 77.91%

Dividend Distribution Analysis

MLLSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

MLLSX Category Low Category High MLLSX % Rank
Net Income Ratio 1.12% -0.09% 7.19% 71.37%

Capital Gain Distribution Analysis

MLLSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Semi-Annually

Distributions History

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MLLSX - Fund Manager Analysis

Managers

Joseph Flaherty


Start Date

Tenure

Tenure Rank

Sep 29, 2005

16.43

16.4%

Joseph C. Flaherty, Jr., is an investment officer and chief investment risk officer at MFS Investment Management® (MFS®). He serves as the director of the MFS' Quantitative Solutions group and is a portfolio manager of the firm's asset allocation portfolios. Joe joined MFS as a fixed-income quantitative research associate in 1993 and was named quantitative research analyst in 1996. He became manager of the Quantitative Research Group and portfolio manager in 1999, director of Fixed Income Quantitative Research in 2004, and director of the Quantitative Solutions Team in 2005.

Natalie Shapiro


Start Date

Tenure

Tenure Rank

Sep 01, 2018

3.5

3.5%

Natalie I. Shapiro, Ph.D. is an Investment Officer, Portfolio Manager and Quantitative Fixed Income Research Analyst at MFS Investment Management® (MFS®). Prior to joining MFS in 1997, Natalie served as a research associate for the Federal Reserve Bank of Boston. Natalie has earned a bachelor's degree from Wellesley College and a doctorate from the University of Pennsylvania.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.1 17.5 5.42 2.6