MFJUX

About MFJUX

MFS Lifetime 2060 Fund Class R4 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 consistent with a long time horizon, then gradually shift toward balancing current income and capital appreciation as the retirement date approaches. The fund follows a progressive glide path and invests predominantly in a diversified mix of underlying MFS funds across equities, fixed income, and other assets, with active risk management and systematic rebalancing. According to MFS, the strategy seeks asset growth in the early years and aims to mitigate risk over time, offering convenient, professionally managed diversification in a single portfolio. The portfolio’s benchmark references broad U.S. equity performance, and management updates note continued oversight by a team of quantitative professionals with announced leadership transitions in 2025. Morningstar characterizes the product as a diversified, multi-asset solution for the 2060 cohort, aligning allocation with a long-dated retirement objective.