MLTAX Fees and Costs — MFS Lifetime 2030 Fund, Class A
Data updated: 2026-09-24
The net expense ratio is 0.71% (0.89% before fee waivers). This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. Portfolio turnover was 5%.
MLTAX Fees and Expenses
Annual operating expenses and sales charges of MLTAX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.89% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.71% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MLTAX Costs Over Time
On $10,000 invested in MLTAX, assuming 5% a year before costs, total costs come to $1,155 over 5 years, cutting the return by 1.97% 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 | $673 | $575 | $575 |
| Fund expenses (net expense ratio 0.71%) | $70 | $220 | $383 |
| Lost growth on money paid in costs | $29 | $101 | $197 |
| Total costs | $772 | $896 | $1,155 |
| Value after costs | $9,728 | $10,680 | $11,608 |
| Impact on return, per year | 7.72% | 2.78% | 1.97% |
MLTAX 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): 5%
- Securities lending: none during the year
MFS Lifetime 2030 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MLTKX | Class R6 | 0.32% | none |
| MLTIX | Class I | 0.46% | none |
| MLTJX | Class R4 | 0.46% | none |
| MLTAX | Class A | 0.71% | 5.75% |
| MLTHX | Class R3 | 0.71% | none |
| MLTGX | Class R2 | 0.96% | none |
| MLTBX | Class B | 1.46% | none |
| MLTCX | Class C | 1.46% | none |
| MLTEX | Class R1 | 1.46% | 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.