MFJBX

About MFJBX

MFS Lifetime 2060 Fund Class B is a target-date mutual fund designed for investors planning to retire around 2060. Its primary purpose is to deliver a high level of total return through a diversified, professionally managed allocation that evolves over time, pursuing growth in the early decades and gradually reducing risk as the target date approaches. The fund invests substantially all assets in underlying MFS mutual funds, providing broad exposure across equities, fixed income, real assets, and cash equivalents in a single vehicle. It follows a progressive glide path with active risk management and routine rebalancing, seeking efficient participation in global equity markets while introducing more defensive fixed income and income-generating components as retirement nears. The strategy draws on MFS’s multi-asset research and portfolio construction to blend factors, market capitalizations, and regions. As a Class B share, it carries a contingent deferred sales charge structure and higher ongoing expenses relative to institutional share classes, reflecting distribution-related costs. In the retirement marketplace, it serves as an all-in-one core solution for long-horizon savers who want an age-appropriate, automatically adjusting portfolio.