MLLRX Fees and Costs — MFS Lifetime Income Fund, Class 529B
Data updated: 2026-09-24
The net expense ratio is 1.52% (1.70% before fee waivers). This share class carries a deferred sales charge of up to 4.00%. Portfolio turnover was 3%.
MLLRX Fees and Expenses
Annual operating expenses and sales charges of MLLRX. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.70% |
| Fee waiver | −0.18% |
| Net expense ratio | 1.52% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 4.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MLLRX Costs Over Time
On $10,000 invested in MLLRX, assuming 5% a year before costs, total costs come to $941 over 5 years, cutting the return by 1.60% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $414 | $0 | $0 |
| Fund expenses (net expense ratio 1.52%) | $160 | $495 | $854 |
| Lost growth on money paid in costs | $0 | $25 | $87 |
| Total costs | $573 | $520 | $941 |
| Value after costs | $9,927 | $11,056 | $11,822 |
| Impact on return, per year | 5.73% | 1.60% | 1.60% |
MLLRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 3%
- Securities lending: none during the year
MFS Lifetime Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MLLKX | Class R6 | 0.32% | none |
| MLLIX | Class I | 0.44% | none |
| MLLJX | Class R4 | 0.44% | none |
| MLLAX | Class A | 0.69% | 4.25% |
| MLLHX | Class R3 | 0.69% | none |
| MLLGX | Class R2 | 0.94% | none |
| MLLBX | Class B | 1.44% | none |
| MLLCX | Class C | 1.44% | none |
| MLLEX | Class R1 | 1.44% | none |
| MLLRX | Class 529B | 1.52% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.