State Street Target Retirement 2040 R3 (SSAKX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
15.01
+0.01 (0.07%)
May 30, 2025, 4:00 PM EDT
| Fund Assets | 2.38B |
| Expense Ratio | 0.59% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 4.29% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 15.00 |
| YTD Return | 4.89% |
| 1-Year Return | 10.44% |
| 5-Year Return | n/a |
| 52-Week Low | 13.07 |
| 52-Week High | 15.59 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Feb 28, 2022 |
About SSAKX
SSAKX was founded on 2022-02-28. The Fund's investment strategy focuses on Growth & Income with 0.59% total expense ratio. State Street Target Retirement 2040 Fund Class R3 seeks capital growth and income over the long term. It is intended for investors expecting to retire around the year 2040 and likely to stop making new investments in the Fund at that time. It is designed for an investor who plans to withdraw the value of the investors account gradually following that date.
Category Target-Date 2040
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SSAKX
Share Class Class R3
Index S&P 500 TR
Performance
SSAKX had a total return of 10.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.25%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FHHDX | Fidelity | Fidelity Freedom Blend 2040 Fund - Class K6 | 0.29% |
| FTFFX | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class M | 1.24% |
| FCFFX | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class C | 1.74% |
| FAFFX | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class A | 0.99% |
| FIJPX | Fidelity | Fidelity Advisor Freedom 2040 Fund - Class Z | 0.64% |
Top 10 Holdings
100.50% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Global All Cap Equity ex-U.S. Index Portfolio | n/a | 34.37% |
| State Street Equity 500 Index II Portfolio | n/a | 32.15% |
| State Street Aggregate Bond Index Portfolio | n/a | 11.49% |
| SPDR Portfolio Long Term Treasury ETF | SPTL | 10.11% |
| State Street Small/Mid Cap Equity Index Portfolio | n/a | 9.67% |
| SPDR Bloomberg High Yield Bond ETF | JNK | 1.80% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.63% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.20% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.6463 | Dec 27, 2024 |
| Dec 27, 2023 | $0.4493 | Dec 27, 2023 |