MFFOX

About MFFOX

MFS Lifetime 2050 Fund R3 is a target-date mutual fund designed to deliver a high level of total return aligned with a 2050 retirement horizon. It invests primarily in a diversified mix of underlying MFS mutual funds, using an actively managed glide path that emphasizes equity-oriented growth in the early years and incrementally shifts toward more conservative allocations as 2050 approaches. The strategy blends disciplined, active risk management with systematic rebalancing to maintain the intended asset mix across market cycles. The fund’s objective transitions after the target year to pursue total return through current income and capital appreciation, reflecting the needs of investors moving from accumulation to retirement. It sits within the Target-Date 2050 category and offers broad exposure across global equities and fixed income via its underlying holdings. Established in 2010, the fund reports a net expense ratio for this share class and provides no sales load, with R3 shares intended for eligible retirement plan investors. According to the sponsor, the benchmark reference used for context is the Standard & Poor’s 500 Stock Index.