MLLCX

About MLLCX

MFS Lifetime Income Fund Class C is a mutual fund structured to deliver a blend of current income and capital appreciation through a conservatively allocated, professionally managed portfolio. The fund primarily invests in a diversified mix of bond funds to pursue income potential, while maintaining a portion in stock funds to allow for continued growth. Its primary function is to provide a steady stream of income for investors who are in or approaching retirement, making it especially relevant within the target-date and retirement income fund category. The allocation strategy emphasizes capital preservation and lower volatility, aiming to help investors manage longevity risk and sustain withdrawals throughout retirement. The fund’s portfolio is actively managed and periodically rebalanced to reflect changing market conditions and retirement needs, offering broad access to a range of MFS funds under a single investment. By focusing on diversified exposure across asset classes, MFS Lifetime Income Fund Class C plays a significant role in supporting retirement income planning within the broader mutual fund market.