State Street Target Retirement 2040 R3 (SSAKX)

Fund Assets	3.26B
Expense Ratio	0.59%
Min. Investment	$0.00
Turnover	12.00%
Dividend (ttm)	1.06
Dividend Yield	6.00%
Dividend Growth	63.81%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	17.69
YTD Return	11.05%
1-Year Return	17.14%
5-Year Return	n/a
52-Week Low	15.40
52-Week High	17.78
Beta (5Y)	n/a
Holdings	8
Inception Date	Feb 28, 2022

About SSAKX

The State Street Target Retirement 2040 Fund - Class R3 is a target-date mutual fund designed to help investors save for retirement expected around the year 2040. Its primary purpose is to provide a balanced investment approach that adjusts over time: the portfolio is allocated more heavily toward equities in early years to pursue growth, then gradually shifts toward fixed income and cash equivalents as the target retirement date approaches, seeking to manage risk and preserve capital as investors near retirement age. The fund employs a diversified mix of underlying State Street index portfolios, spanning U.S. large-cap stocks, international equities, small and mid-cap stocks, as well as U.S. aggregate and long-term treasury bonds. Notable features include a low expense ratio and comprehensive global diversification across equity and fixed income sectors. Managed by SSGA Funds Management, Inc., this fund serves as a core investment vehicle within workplace retirement plans and individual retirement accounts, offering a streamlined solution for investors looking for a professionally managed, age-appropriate asset allocation that evolves automatically as retirement draws closer.

• Fund Family: State Street Investment Management
• Category: Target-Date 2040
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SSAKX
• Share Class: Class R3
• Index: S&P 500 TR

Performance

SSAKX had a total return of 17.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.19%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FTFFX	Fidelity	Fidelity Advisor Freedom 2040 Fund - Class M	1.16%
FCFFX	Fidelity	Fidelity Advisor Freedom 2040 C	1.66%
FAFFX	Fidelity	Fidelity Advisor Freedom 2040 A	0.91%
FIJPX	Fidelity	Fidelity Advisor Freedom 2040 Z	0.62%
FIFFX	Fidelity	Fidelity Advisor Freedom 2040 I	0.66%

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 Holdings

100.55% of assets

Name	Symbol	Weight
State Street Equity 500 Index II	SSEYX	34.65%
State Street Glb All Cap Eq ex-US Idx	SSGVX	32.98%
State Street Aggregate Bond Idx	SSAFX	12.12%
State Street SPDR Portfolio Long Term Treasury ETF	SPTL	9.38%
State Street Small/Mid Cap Equity Index	SSMHX	7.62%
State Street SPDR Bloomberg High Yield Bond ETF	JNK	2.61%
State Street Instl US Govt MMkt Premier	GVMXX	1.00%
State Street Instl US Govt MMkt Premier	GVMXX	0.20%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$1.0587	Dec 29, 2025
Dec 27, 2024	$0.6463	Dec 27, 2024
Dec 27, 2023	$0.4493	Dec 27, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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