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
6.38%
Fund Assets 2.38B
Expense Ratio 0.59%
Min. Investment $0.00
Turnover n/a
Dividend (ttm) 0.65
Dividend Yield 4.31%
Dividend Growth n/a
Payout Frequency Annual
Ex-Dividend Date Dec 27, 2024
Previous Close 15.00
YTD Return 4.89%
1-Year Return 11.14%
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 11.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.27%.

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%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
SSCQX Class K 0.09%
SSCNX Class I 0.29%

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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 27, 2024 $0.6463 Dec 27, 2024
Dec 27, 2023 $0.4493 Dec 27, 2023
Full Dividend History