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    MFS Lifetime 2030 C (MLTCX)

    12.47 Down 0.21(1.66%) Feb 5

    Profile as of Jan 30, 2016Get Profile for:
    MFS Lifetime 2030 C
    Mfs Series Trust XII111 Huntington Avenue 24th FloorBoston, MA 2199
    Phone: 800-225-2606
    Fund Overview 
    Category:Target Date 2026-2030
    Fund Family:MFS
    Net Assets:393.26M
    Year-to-Date Return:-3.83%
    Morningstar Rating:3 stars
    Fund Inception Date:Sep 29, 2005
    Morningstar Style Box 
    Target Date 2026-2030
    [View Category Definition]
    View Top Target Date 2026-2030 Funds
    About the Morningstar Style Box
    Management Information 
    Joseph C. Flaherty, Jr.
    Lead Manager since Sep 29, 2005
    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. He earned a Bachelor of Science degree in mechanical engineering from Tufts University in 1984 and an MBA from Bentley College in 1990.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    MLTCX can be purchased from 45 brokerages.

    Fund Summary 
    The investment seeks a high level of total return consistent with its asset allocation until the approximate retirement year in 2030; thereafter, the fund will seek total return through a combination of current income and capital appreciation. The fund is designed to provide diversification among different asset classes for investors with the approximate retirement year in 2030. It invests substantially all of its assets in other MFS mutual funds, referred to as underlying funds.

    Fund Operations 
    Last Dividend (Dec 28, 2015) : 0.09
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Feb 2, 2016) : 11.00%
    Average for Category:26.66%
    Fees & Expenses 
    ExpenseMLTCXCategory Avg
    Annual Report Expense Ratio (net):1.00%0.46%
    Prospectus Net Expense Ratio:1.71%N/A
    Prospectus Gross Expense Ratio:1.90%N/A
    Max 12b1 Fee:1.00%N/A
    Max Front End Sales Load:N/A5.17%
    Max Deferred Sales Load: 1.00%2.16%
    3 Yr Expense Projection*:579617
    5 Yr Expense Projection*:1,0091,226
    10 Yr Expense Projection*:2,2072,244
    * Per $10,000 invested